Cryptocurrency Analysis and News Portal
As debates on digital currencies persist, several U.S. states are making strides in exploring a gold-backed state digital currency, regulating bitcoin mining, and addressing legal challenges in the cryptocurrency realm. Amid ongoing discussions among notable U.S. politicians regarding central bank digital currencies, Texas is considering a novel approach: a state-level digital
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Place/Date: - February 6th, 2023 at 5:28 am UTC · 3 min read Source: Orbeon Protocol National Australia Bank (NAB) has announced the launch of a stablecoin on the Ethereum (ETH) blockchain. This move comes as Bitcoin (BTC) continues to gain mainstream acceptance and Orbeon Protocol (ORBN) continues its
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Before the rise of centralized exchanges (CEXs), over-the-counter (OTC) trading was the go-to method to buy or sell cryptocurrency for many crypto investors. The FTX collapse could trigger a bigger demand for crypto OTC services as investors are looking for alternative methods to convert from and to fiat due to
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Bitcoin price gained bullish momentum above the $16,500 resistance. BTC could rise further if there is a close above the $17,000 resistance. Bitcoin started a decent increase above the $16,500 and $16,650 resistance levels. The price is trading above $16,500 and the 100 hourly simple moving average. There was a break above a
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The crypto market has witnessed a turbulent few weeks after the FTX collapse but Lido Finance, a liquid staking protocol, has been a bright spot amidst the chaos. According to Data from DeFiLlama, Lido protocol has earned $1 million or more in fees daily since October 26. Lido fees and revenue
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When it was first discovered that FTX might be insolvent, a large slew of crypto exchange executives said that they aimed to provide proof-of-reserves audits. While exchanges like Binance and Crypto.com have provided wallet addresses tied to company wallets, blockchain analytics firm Nansen has detailed the company is in the
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The upgrade, planned for next year, will allow BNB to process between 5,000 to 10,000 transitions per second, according to a statement Wednesday. That vastly outpaces the current capabilities of the blockchain, which is the largest smart-contract chain in terms of userbase and transaction volume, surpassing even the better-known Ethereum. Original
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The Dogechain bridge is raking in money from retail traders betting on short-term price movements of the dog-themed tokens, many of which contain “doge” or “shib” in their names. Most of these tokens are speculative in nature, however, and do not showcase a legitimate use case. Source
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The 2022 crypto winter seems to be one of the most severe bearish trends in cryptocurrency history. This saw the entire crypto market cut down by over 50% in value since the beginning of the year. Also, the situation in the crypto market got worse with the collapse of the
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The past few weeks have brought a positive twist in the flow of events within the cryptocurrency market, especially for Uniswap. Lots of the crypto assets are gaining more value in their prices. This overturns after the severe crypto winter that puts lots of protocol at the edge. Most witnessed drastic
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