After a Coinbase Pro listing drove Compound Governance Token prices up more than 100%, the market is now crashing back to Earth. Compound Governance Token (COMP), the native token to the popular decentralized finance (DeFi) protocol Compound, has suffered heavy losses after its meteoric first day of trading on Coinbase. After trading as high as […]
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Fees for Ethereum transactions are at an all-time high but what does this mean for the network and ETH price? The median transaction fees on the Ethereum network are the highest they have been in two years and have risen above Bitcoin fee for the second time in the last three months. Recently, Coinbase researcher […]
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Ethereum’s Ether (ETH) is taking advantage of Bitcoin rallying early this week and looks to break a key resistance level on the road to $300. Bitcoin (BTC) has been showing strength in recent days as the price rallied from $9,300 to as high as $9,800. However, more strength is seen from Ethereum’s Ether (ETH) — […]
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DeFi-based tokens are posting double digits gains and outperforming Bitcoin but can the rally continue? Decentralized Finance (DeFi) has been a rapidly growing sector in the crypto space and although the volume of the DeFi ecosystem yet to surpass that of the general crypto market, the new way of lending and saving has garnered positive […]
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Alex Mashinksy says that new equity investors, including Tether, will have no say in Celsius’ mission of sharing 80% of profit with its users. Tether (USDT) makes a $10 million equity investment in the crypto lending platform Celsius Network (CEL) at a $120 million pre-money valuation, bringing the post-money valuation to $150 million. The company […]
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The next step toward blockchain adoption could be tokenized technological solutions implemented as a financial instrument within the entertainment industry. Over the last two years, the cryptocurrency industry has gone through a paradigm shift, as developers, projects and users have begun applying blockchain technologies to ever more innovative and intriguing use cases. Among these, the […]
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As a new concept within the industry, blockchain bridges possess a lot of promise for the blockchain and crypto landscape and for the future of the industry. Are there blockchain bridges in operation for any dApps now? The bridges currently in operation have only been operating in their current form for a few months, so […]
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According to Messari’s realized cap figures, XRP token holders paid an average of seven times the current price. Most XRP investors are “deeply in the red” according to Messari crypto analyst Ryan Watkins, using realized capitalization as the metric Watkins made the claim in a June 16 tweet saying that “XRP’s aggregate estimated cost basis […]
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Australia is experiencing a DeFi boom, with leading derivatives project Synthetix joined by buzzy newcomers Thorchain, Ren and mSTABLE. Australia is experiencing a decentralized finance (DeFi) boom, playing host to some of the most talked-about projects in the space. They include longtime DeFi leader Synthetix (SNX), along with the up-and-coming Thorchain (RUNE) along with the […]
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Bitcoin price needs to hold $9,270 to avoid dropping to the $8,000 range again. This week Bitcoin (BTC) price has struggled to overcome resistance at $9,600 and at the time of writing the top-ranked cryptocurrency on CoinMarketCap is finding support near $9,400. Crypto market daily performance. Source: Coin360 Technical analysis shows there is a strong […]
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