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DeFi Crosses $100 Billion Mark as Cryptos Surged
21.10.2021
DeFi recently surpassed the $100 billion mark. According to data provided by DeFi Pulse, Bitcoin’s historic rise helped lift the asset value utilized in decentralized financing beyond 100 billion dollars for the very first time. The figure was calculated by multiplying the balance of Ethereum...
Bitcoin Breaks $66K to Set a New All-Time High
21.10.2021
Bitcoin shakes up the crypto sector yet again, crossing 66,000 dollars market value. The number one crypto set its all-time high, maintaining its amazing bull rally. The primary reason behind the surge is the launch of the ProShares BTC Strategy ETF. At the same time, Ethereum also broke through...
How Wu-Tang Clan's USD 4M Album Reflects Crypto Ethos
21.10.2021
A decentralized autonomous organization (DAO) has acquired arguably the most sought-after record in the modern era — an album by a legendary rap group that reflects the industry's aim to get rid of unnecessary middlemen.
PleasrDAO, a multisig DAO, has purchased the one-of-a-kind Wu-Tang Clan's...
Following Bitcoin’s all-time high, DeFi TVL hits a record high above $233B
21.10.2021
The total value locked in DeFi protocols soared to $233.8 billion as rising token prices and the increasing integration of stablecoins helped send the metric to a record high
Tether Hits out at Hindenburg Research’s ‘Pathetic’ USD 1M Bounty Offer
20.10.2021
The investment research firm and short-seller Hindenburg Research has offered a USD 1m reward for information on how the tether (USDT) stablecoin is actually pegged to the United States dollar, and data on how Tether’s deposits actually work. In a strongly worded response, Tether called...
Binance USD (BUSD): A Case Study for Stablecoin Compliance and Security
20.10.2021
Binance USD (BUSD) has become one of the fastest-growing cryptocurrencies in the world, with a variety of use cases and growing demand amid the continued growth of the crypto markets. A key component to BUSD’s success is its unwavering compliance to the world’s most stringent...
Tezos (XTZ) Slowly Trades Closer to the $10 Level!
20.10.2021
Tezos blockchain has emerged as a good alternative in the world of smart contracts offering networks. Its cryptocurrency XTZ has moved up by over 400% in the last few days. Trending with a strong buying sentiment has helped XTZ breach multiple resistances, and we are now expecting it to make...
AUD/USD September High While APAC Traders Eye China’s Lending Rates
20.10.2021
The financial market seems to be picking up pace as the Australian Dollar surged against the USD overnight. The progress took place after Wall Street traders went back to their risk-taking stance. The development helped the DJIA (Dow Jones Industrial Average) close to 0.54% higher. After...
Bitcoin Smashes Through USD 65,000, Reaches New All-Time High
20.10.2021
The price of the number one cryptocurrency, bitcoin (BTC), has just smashed through its all-time high of around USD 64,800, reaching as high as USD 66,000 and above on several exchanges on Wednesday at 13:50 UTC.
The upwards move happened in an explosive way over the course of just 5 minutes...
Bitcoin Hovers Around USD 64K, Ethereum and Altcoins Lack Momentum
20.10.2021
Bitcoin price settled above the USD 62,000 level. BTC is currently (12:09 PM UTC) trading above USD 63,800, with a positive angle. If there is a clear break above USD 64,200, the price could test the USD 65,000 resistance zone.
Besides, most major altcoins are trading in a range. ETH is facing...
Ethereum's Vitalik Buterin Dumps Dog-Themed Tokens - Makes Over USD 1M
20.10.2021
The co-founder of Ethereum (ETH), Vitalik Buterin, has sold a cluster of dog coins that he had once again received without consent, raking in over USD 1m in the process....
Read More: Ethereum's Vitalik Buterin Dumps Dog-Themed Tokens - Makes Over USD 1M
Cardano Stuck in a Negative Zone; ADA Could Breach Its $2 Support
19.10.2021
Despite losing over 30% of its value from its all-time high of $3.05, Cardano is still holding on to its fourth position amongst the leading cryptocurrencies. This could plainly indicate a decreasing buying sentiment across all cryptocurrencies, except BTC, ETH, and BNB. At present, the market...
Bitcoin Nears USD 63K, Ethereum Flat, BNB and DOGE Rally
19.10.2021
Bitcoin price corrected lower below USD 62,000 and USD 61,000. However, downsides were limited and BTC is currently (04:43 UTC) rising and it seems like the bulls are aiming for a break above the USD 63,000 resistance zone.
Besides, most major altcoins are trading above key supports. ETH could...
Toddler Earns 6,500% Profit as Bitcoin Crosses $62,000
18.10.2021
Bitcoin has yet again proved why it is the top cryptocurrency. Recently, the crypto surged above 62,000 dollars amid the SEC’s speculations to release a US Bitcoin ETF. Ethereum, the second-largest crypto, also reached 3,885 dollars recently. The incident delighted every crypto investor while...
Daivat Announced Its Initial DeFi Offering (IDO) Worth $1,080,000
18.10.2021
The Initial DeFi Offering (IDO) for DaiVat Tokens, a new decentralized smart contract-based cryptocurrency, will take place from 17th October to 21st November. The IDO will be housed on the DodoBsc system in collaboration with Coinmarketcap, a cryptocurrency price tracking tool. A total of...
Lanka Asks for $500M Loan From India for Fuel Purchases
18.10.2021
This occurred days after Minister of Energy Udaya Gammanpila warned that the country’s existing supply of fuel could last only till Jan 2022. The state-owned Ceylon Petroleum Corporation (CPC) owing the 2 major government banks, the Bank of Ceylon and the People’s Bank, almost USD...
Bitcoin Above USD 62K, Ethereum and Altcoins Remain In Uptrend
18.10.2021
Bitcoin price started a steady increase above the USD 60,000 zone. BTC even cleared the USD 62,000 resistance to move further into a positive zone. It is currently (04:27 UTC) gaining pace and it might attempt a break above USD 62,500.
Besides, most major altcoins are showing positive signs....
Bitcoin (BTC) Closes the Gap; Clears Road to $100,000
15.10.2021
Bitcoin has maintained its prominence with the advantage of being the first cryptocurrency to survive in the decadence of transformation battling market gains by other recently launched currencies. At this hour, BTC is valued more than the other nine cryptocurrencies in the top ten list. Market...
Bitcoin Hovers Above USD 59K, Ethereum and Altcoins Remain Supported
15.10.2021
Bitcoin price extended its upward move above the USD 59,500 level. BTC even tested the USD 60,000 zone before correcting lower. It is currently (12:10 UTC) trading around USD 59,500.
Besides, most major altcoins are trading in a positive zone. ETH broke the USD 3,800 resistance zone but failed...
S Korean Crypto Trading Has Eclipsed Stock Market Activity by USD 389 Billion
15.10.2021
South Korea’s crypto sector may have taken a battering at the hands of regulators of late, but the number of crypto investors in the nation has grown exponentially – to the point where the cumulative worth of transactions on the nation’s four biggest crypto exchanges has outstripped domestic stock...