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More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols
14.3.2022
In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized...
Bitcoin Options Metric Suggests More Traders Are Taking Bullish Bets
14.3.2022
With a falling ratio of bearish put options to bullish call options in the bitcoin (BTC) options market, the key metric is currently signaling that an increasing number of advanced traders are taking bullish bets on bitcoin.
As of Sunday, the put-to-call ratio in terms of BTC open interest...
Abra CEO Bullish on Ethereum, Predicts ETH Could Hit $40,000
14.3.2022
Abra’s CEO has predicted that the price of ether could reach $40,000. He’s more bullish on Ethereum than Bitcoin. “The use cases are through the roof,” said the executive. Abra’s CEO Predicts Ethereum Price The CEO of crypto trading platform Abra, Bill Barhydt...
Bitcoin’s Hashrate Jumps 15% Higher in 10 Days, Mining Difficulty Expected to Rise
13.3.2022
After bitcoin miners caught a break ten days ago when the difficulty dropped 1.49% lower, the network’s hashrate increased more than 15% since then. Currently, the processing power has been coasting along above the 200 exahash per second (EH/s) zone but another difficulty increase...
Here’s how DAOs are making digital land more accessible to Metaverse denizens
13.3.2022
The Metaverse calls, but the digital land has priced out many aspiring inhabitants. Here’s what DAOs are doing to make life in the Metaverse more accessible
Supreme Tribunal in Venezuela States Sunacrip Has Strategic Role, Voids Earlier Sentence
13.3.2022
The Supreme Tribunal of Justice of Venezuela has stated in a recent sentence that the tasks developed by Sunacrip, the national cryptocurrency and bitcoin mining watchdog, have a strategic significance for the country. The sentence also voids certain resolutions taken in a case where another court...
Shelling Out $30K or More in Ethereum — A Look at the Top 5 NFT Floor Prices
12.3.2022
Non-fungible token (NFT) assets have been very popular for well over 12 months and a great number of collections have skyrocketed in value. While interest in NFTs has slid to a four-month low according to Google Trends search queries, a vast quantity of NFTs are still selling for hundreds...
Zapala Free Zone to Offer New Opportunities to Bitcoin Miners in Argentina
12.3.2022
The Zapala Free Zone, an area located in Neuquen, Argentina that has the objective of incentivizing various productive activities, will receive its first bitcoin mining-related investment this year. The company that will create the power infrastructure for the mining farm aims to generate more than...
Canadian Police Seize Bitcoin Worth $28 Million From Former Government Employee in Ransomware Case
12.3.2022
Canada’s police have seized bitcoin worth more than $28 million from a former government employee who has been extradited to the U.S. to “face charges for dozens of ransomware attacks resulting in the payment of tens of millions of dollars in ransoms.” Canadian Authority Seizes...
Finance Redefined: DeFi ‘Godfather’ Cronje quits, CAKE launches $100M venture arm and more
11.3.2022
In this week's DeFi newsletter, we will look at the Andre Cronje debacle, the Polygon upgrade, the rise of ThorChain and the growing value of the DeFi ecosystem with synthetic assets
Demand for UST Keeps Rising, Luna Foundation Guard to Burn 4.2 Million LUNA From Treasury
11.3.2022
The Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The protocol has already reached the max issuance of UST per day, but demand is strong enough that...
Big Short Against Tether, CBDC Giweaway, New NFT Collections + More News
11.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Big Short Against Tether, CBDC Giweaway, New NFT Collections + More News
Bitcoin, Ethereum Technical Analysis: More Crypto Price Uncertainty Heading Into the Weekend
11.3.2022
Bitcoin consolidated on Friday, as prices hovered marginally below the $40,000 level. This comes following a volatile day of trading in which BTC fell to its lowest point since Wednesday. Ethereum also remained slightly above its recent support. Bitcoin Bitcoin continued to trade at high levels...
Self-made wealth more likely to flow into crypto than inherited: Report
11.3.2022
94% of wealthy crypto entrepreneurs have made their wealth purely on their own, a new report suggests
Stacks price plunges hard after rallying 70% in a day — more STX losses ahead?
11.3.2022
The massive move upside appeared as a $165 million fund is launched by OKcoin to build apps on the Bitcoin blockchain using Stacks
Thailand Approves Tax Relief Measures for Crypto Trading
11.3.2022
The Thai Cabinet has approved tax relief measures for crypto trading. The new tax rules are “much more friendly to both investors and industry,” said an executive of a cryptocurrency exchange in Thailand. Thailand Adopts New Tax Rules for Crypto Investments Thailand’s Cabinet...
Crypto Exchange Kraken Pledges Over $10 Million to Support Ukrainian Users
11.3.2022
Kraken is planning to hand out more than $10 million in aid for clients affected by the military conflict in Ukraine. The amount covers the fees paid by Ukrainian residents in almost a decade and will also include those withheld from Russian traders in the first half of 2022. Kraken Exchange...
Reef Launches NFT Team Focused on Graffiti and Electronic Music Artists
11.3.2022
PRESS RELEASE. Reef, a layer 1 Substrate based blockchain for DeFi, NFTs, and gaming, announced today it’s launching a new NFT division focused on connecting with graffiti and electronic artists while scaling up it’s blockchain to be more NFT-friendly. In the last two months, Reef...
Bitoftrade: A New Anonymous Exchange to Leverage the Power of Crypto Trading
10.3.2022
PRESS RELEASE. On 10 March 2022, bitoftrade, a new decentralized crypto exchange entered the market with a transparent, non-custodial solution that makes advanced trading tools accessible to any type of trader. bitoftrade allows users to get more from their crypto portfolio. The platform offers...
Mega Awakening — Whale Transfers 429 ‘Sleeping Bitcoin’ From 2010 Worth Over $16.8 Million
10.3.2022
After tapping a 24-hour high at $42,592 per unit, the price of bitcoin lost the gains it gathered on Wednesday, sliding more than 5% during Thursday morning’s trading sessions. Meanwhile, as crypto prices fluctuated, an odd bitcoin transaction from 2010 was transferred at 1:45 a.m. (UTC)...