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Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%
6.3.2022
The crypto-economy has been sliding in value during the last 48 hours as the current market valuation for all 13,000+ crypto assets is $1.83 trillion. Furthermore, the total value locked (TVL) in decentralized finance (defi) protocols has slipped below the $200 billion mark to $196.02 billion...
NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge
5.3.2022
The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum...
Fast-Food Chain Shake Shack Trials Bitcoin Rewards for Customers Using Cash App
5.3.2022
The American fast-food restaurant chain Shake Shack is giving bitcoin rewards to customers leveraging Cash App’s debit card payment rail, Cash Card. According to Shake Shack, participants will get 15% of their purchase back in the form of bitcoin, and the crypto promotion will last until...
Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 Months
4.3.2022
Bitcoin miners got a small break on March 3, after the network’s mining difficulty shifted downward for the first time since November 28, 2021. Bitcoin’s hashrate has remained high meandering between 180 to 220 exahash per second (EH/s) over the last week, but the leading crypto...
Technical Analysis: ANC Captures Friday’s Largest Gains, as WAVES up Nearly 100% in the Last Week
4.3.2022
Anchor protocol and WAVES were some of Friday’s biggest gainers, as crypto markets mainly traded lower at the end of the week. At the time of writing, the global cryptocurrency market cap has dropped over 4%, with GALA and MKR, the day’s biggest decliners. WAVES WAVES extended...
Bitcoin, Ethereum Technical Analysis: BTC Approaching $40,000 Support on NFP Day
4.3.2022
Following three consecutive sessions of declines, BTC was fast approaching its support level of $40,000 on Friday, as markets prepared for February’s nonfarm payrolls report. This came as ETH also fell lower, and is approaching its own floor of $2,500 in the process. Bitcoin BTC bulls have...
Crypto’s Sanction-Slipping Power: Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset
4.3.2022
Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing...
3 reasons why Waves price gained 100%+ in the last week
1.3.2022
WAVES price rallied in excess of 100% after unveiling plans to launch a blockchain agnostic Metaverse and establishing a new partnership with Allbridge to facilitate cross-chain transfers
Plus500 Revenue Falls Following the Pandemic Last Year
1.3.2022
The pandemic has not been kind to businesses across the world. Many small-scale startups both in crypto and mainstream industries have gone out of business, and established firms have faced a significant fall in revenue due to the impacts of the coronavirus. Joining this list is Plus500, a forex...
Technical Analysis: LUNA Leads Crypto Rally, ANC Slips Under Bearish Pressure
28.2.2022
On Monday, terra (LUNA) rose for its 8th session in nine days, as its value increased by close to 60% over the last week. Anchor (ANC), on the other hand, was lower after climbing by almost 50% in the same period. Biggest Gainer Terra (LUNA) has been one of the standout performers in cryptocurrency...
Value Locked in Defi Rebounds — Smart Contract Tokens CPH, LUNA, XCP Lead the Pack
28.2.2022
The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number of native assets from the $611 billion worth of smart contract protocols have seen double-digit gains with cypherium...
Weekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days
25.2.2022
Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out of 12 different NFT-supporting blockchains, Solana was the only gainer, in terms of NFT sales during the past week. NFT Sales...
Technical Analysis: LUNA, AMP Jump Over 20% Higher on Friday
25.2.2022
Crypto markets appeared to have temporarily shaken off recent volatility, with AMP once again leading the day’s bulls. Terra’s LUNA also surged, climbing by as much as 20% during Friday’s trading session. AMP AMP is currently trading over 24% higher in today’s session...
Reported First Real Estate Purchase Made With Bitcoin in Chile
25.2.2022
Yuval Ben Haym, regional manager of Remax, a real estate firm that operates worldwide, has announced that the “first” real estate purchase with cryptocurrencies has already occurred in Chile. The purchase, that was made using bitcoin, happened last year. Such purchases have also...
Canadian Police Begin Unfreezing Accounts Tied to Freedom Convoy as Trudeau Revokes Emergencies Act
24.2.2022
Canada’s prime minister, Justin Trudeau, has ended the use of the Emergencies Act invoked last week to deal with the Freedom Convoy trucker protest. The Canadian police have also instructed financial institutions to unfreeze accounts previously frozen. “The situation is no longer...
Last Bitcoin support levels above $20K come into play as BTC price faces 'time of uncertainty'
24.2.2022
Analyst braces for a potential dive below $30,000 as historical support levels remain far from the current Bitcoin spot price
Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps
22.2.2022
At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued more assets during the last seven days, as some of the top dollar-pegged coins have swelled...
Report: Intel Reveals ‘Bonanza Mine BMZ1’ Blockchain Accelerator Mining Chip
21.2.2022
Last week the California-based technology company Intel explained its intentions to develop crypto mining semiconductors that would showcase “1000x better performance per watt.” Now Intel has revealed more details about the “Bonanza Mine” (BMZ1) blockchain accelerator...
Dying Light 2's Post-Apocalypse Would Be More Fun If It Just Let You Hang Out
21.2.2022
I’ve started Dying Light 2 twice now, once on PC, and once on PS5. Both times I’ve had the same struggle: I don’t want to leave that starting location. A few rotting skeletons aside, it’s perfect—it’s where I want to be in an apocalypse. Screw this guy’s missing sister, she’s probably long dead....
Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Lower for a Sixth Straight Day
21.2.2022
Bitcoin was trading lower to start the week, as markets were anticipating the release of U.S. president Biden’s executive order on cryptocurrencies. Ethereum also remained in the red, and continues to track at multi-week lows. Bitcoin Bitcoin prices were almost 12% lower from the same point...