Researchers claim that the Compound token is at least five-fold overvalued as over 88% of its $1 billion book is lent to liquidity miners. Unlike most other cryptocurrencies, governance tokens for decentralized finance, or DeFi, lend themselves to classical fundamental analysis techniques. Since they are in many ways similar to traditional equity, they can benefit […]
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Chainlink overshot the previous bullish target hitting a new all-time high of $8.40, but how much higher can LINK price really go? As Bitcoin (BTC) price continues to trade in a tightening range, the altcoin market has been pushing higher each week, and the most recent surge has come from Chainlink (LINK). After breaking above […]
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Yield farming is driving a boom in DApp and DeFi use, but user experience improvements will be key for future adoption in the next five years. From CryptoKitties to Compound, decentralized applications and decentralized finance have become increasingly popular in the blockchain space, but the sector has gone through a fair share of teething problems […]
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Just two months after May’s Bitcoin halving event, both hash rate and difficulty have shrugged off post halving dips to hit new all-time highs. Following last week’s record-high Bitcoin hash rate, the latest difficulty adjustment saw a change of +9.89%, bringing the level to a new all-time high of over 17.3 trillion on July 13. […]
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In early 2018, dozens of experts called the STO the next big thing in fintech. However, in 2020, there still was no big break for STOs. What are the reasons? The ICO boom of 2017 failed thousands of investors worldwide, but it has also demonstrated how technology can improve the way companies raise capital. The […]
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U.S. regulators team up to fine and halt a crypto portfolio app offering synthetic exposure to traditional assets, which was not offered to U.S. investors. The Securities and Exchange Commission and Commodity Futures Trading Commission issued a joint fine to Abra, a crypto portfolio app that let users get synthetic exposure to traditional markets. According […]
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The governor of the Bank of England acknowledged that the U.K. is considering the issuance of a CBDC. The Bank of England is considering issuance of a CBDC according to its governor, Andrew Bailey. Bloomberg reports that during a student webinar, the head of the Bank of England acknowledged that they are looking into the […]
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Chiliz is entering one of the world’s best football countries by listing CHZ token on the largest crypto exchange in Brazil. Chiliz (CHZ), a major sports-focused digital currency, is getting its first listing on a Brazilian cryptocurrency exchange. Mercado Bitcoin, the largest crypto trading platform in Brazil, will soon roll out Chiliz trading against the […]
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The Hash Ribbon indicator has just gone off indicating the start of a “great bull run” for Bitcoin price, according to one market analyst. According to a digital asset investment firm executive Charles Edwards, a “Hash Ribbon” buy signal has just gone off. The daily candle close of Bitcoin (BTC) price on July 13 above […]
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Hao pointed out that DOGE enjoys healthy development, longevity and features that cannot be found in many old-time cryptos. Jay Hao — CEO of major crypto exchange OKEx — made positive remarks about meme cryptocurrency Dogecoin (DOGE). When answering Cointelegraph’s recent inquiry concerning new Dogecoin-related OKEx features, Hao made it clear that he has a […]
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