Bitcoin and Ethereum Struggle to Recover, YFI Rallies


Bitcoin price struggled to stay above the USD 47,500 level. BTC extended decline and traded below USD 47,000. It is currently (11:55 UTC) facing an increase in selling and there is a risk of a move towards USD 46,500. Similarly, most major altcoins are gaining bearish momentum. ETH traded below...

TRX Drops As Justin Sun Leaves Tron to Become an Ambassador


Tron (TRX) founder Justin Sun said he was appointed as the Ambassador, Permanent Representative of Grenada to the World Trade Organization, and now he's stepping away from the day-to-day operations at the Tron Foundation. At 11:31 UTC, TRX, ranked 23rd by market capitalization, traded at...

USDC Sees Native Launch on Avalanche


USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly...

Bitwise, Nexo Add to Financial Products for Rich NFT Investors


  The past day has seen the announcement of two new non-fungible token (NFT)-related financial products, with asset manager Bitwise launching the first-ever index fund to track NFTs, while crypto lender Nexo (NEXO) launched the first lending desk exclusively for NFT investors.... Read More:...

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