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Many Degrees Celsius, Three Arrows, Bitcoin Fed'ing, Ethereum Bombing, Very Peg Defenses and 20 Crypto Jokes
18.6.2022
Read More: Many Degrees Celsius, Three Arrows, Bitcoin Fed'ing, Ethereum Bombing, Very Peg Defenses and 20 Crypto Jokes
Bitcoin Dives Below USD 20,000
18.6.2022
Bitcoin (BTC), the most popular cryptocurrency and cryptoasset, dropped below USD 20,000 for the first time since December 2020, while the second-largest cryptoasset, ethereum (ETH), is on the verge of breaking the USD 1,000 level for the first time since January 2021.
At 08:12 UTC, BTC trades...
Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year
18.6.2022
Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time...
Top 5 New Crypto Books to Read in 2022
18.6.2022
While podcasts seem to have taken over as the most popular medium for educational content in the cryptocurrency space, crypto books remain an excellent way to learn about Bitcoin (BTC), Ethereum (ETH), digital assets, and other crypto technologies.
Read on to discover a list of five recently...
Bitcoin Better at Tackling Rate Hikes than Ethereum, Stocks - Report
17.6.2022
Bitcoin (BTC) is the best asset to “moderate the economic impact” of major interest rate announcements, according to a new report from Babel Finance, a crypto-financial services provider.
The report, written by Babel Finance analysts Robbie Liu and Yuanming Qiu, arrived at its conclusions...
Finance Redefined: Three Arrow Capital and Celsius fall brings a tsunami of sell-off in DeFi
17.6.2022
DeFi market saw a sharp decline in its TVL, falling over $25 billion from the last week due to sell-off pressure created by the bear market
Price analysis 6/17: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
17.6.2022
Bitcoin price struggles to hold support at $20,000, and the outcome of this battle between bulls and bears will determine the next directional move
Ethereum price risks a drop below $1K if these key price metrics turn bearish
17.6.2022
Two key Ethereum price metrics have yet to turn bearish, but it won’t take much to trigger an ETH drop below $1,000
Not Enough Liquidity for Celsius to Sell Staked Ethereum in Open Market - Analyst
17.6.2022
There is not enough liquidity in centralized and decentralized exchanges combined for the troubled crypto lender Celsius to sell their Lido staked ethereum (stETH) tokens on the open market, leaving over-the-counter (OTC) transactions as the only option, according to digital assets data provider...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower as Bearish Momentum Returns on Friday
17.6.2022
Following a slight surge in price, bitcoin was trading lower on Friday, as bearish momentum returned to crypto markets. BTC was once again nearing the $20,000 level in today’s session, while ETH fell below $1,100 earlier in the day. Bitcoin BTC moved lower in Friday’s session,...
Bitcoin and Ethereum Bulls Put Up Fight, Altcoins Move Higher
17.6.2022
Bitcoin price gained bearish momentum below the USD 21,200 support, but the BTC bulls protected the key USD 20,000 support zone. The price is currently (11:44 UTC) consolidating near USD 21,200 and is unchanged in a day, but is still down 30% in a week.
Similarly, most major altcoins...
BlockFi, Crypto.com, and Others Come Forward Amid Three Arrows Turbulence, Babel Finance Pauses Withdrawals
17.6.2022
After several days of intense discussions and rumors circulating about insolvency at major crypto hedge fund Three Arrows Capital, more details about the financial exposure other companies in the space have had to the hedge fund have emerged, with crypto lender BlockFi being named as...
Immutable’s NFT Bridge Arch v1.0 to Connect L1 Ethereum With L2 StarkNet
17.6.2022
To establish trustless connectivity for NFTs, Immutable has brought a new bridging protocol. Named Arch v1.0, the protocol will initially help native StarkNet NFTs bridge to the Layer-1 Ethereum seamlessly. The design of this ERC 721 protocol involves four contracts to ensure security, stability...
Bitcoin and Ethereum Approach Crucial Juncture, Altcoins Move Lower
17.6.2022
Bitcoin price struggled to clear the USD 23,000 resistance level and dropped below USD 21,200. It is currently (04:09 UTC) showing bearish signs near USD 20,400 and is down 8% in a day and 32% in a week.
Similarly, most major altcoins are also moving lower. ETH is trading below the key...
Inverse Finance exploited again for $1.2M in flashloan oracle attack
17.6.2022
No user funds have been affected by the exploit, but Inverse Finance has incurred a debt and offered the attacker a bounty to return the stolen funds
Circle Launches Second Major Stablecoin Backed 1:1 by the Euro
16.6.2022
On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token is now live on the Ethereum network and will be “available to mint and redeem on June 30th.” Circle...
Top 5 Play-to-Earn Games on Ethereum
16.6.2022
Despite market volatility, leading play-to-earn (P2E) blockchain games have built communities of players who log on every day to make money playing video games.
Read on to learn about the top play-to-earn games on Ethereum (ETH) by the number of users. ...
Read More: Top 5 Play-to-Earn Games...
Top 5 Play-to-Earn Games on Ethereum
16.6.2022
Despite market volatility, leading play-to-earn (P2E) blockchain games have built communities of players who log on every day to make money playing video games.
Read on to learn about the top play-to-earn games on Ethereum (ETH) by the number of users. ...
Read More: Top 5 Play-to-Earn Games...
Bitcoin, Ethereum Struggle a Day After Fed's Record Rate Hike as Analysts Hope for a Bounce
16.6.2022
The bitcoin (BTC) and broader crypto market failed to recover higher and returned to the selloff on Thursday, after a brief rally following the US Federal Reserve’s (Fed) announcement on Wednesday that it had raised rates by 75 basis points, its largest rate hike since 1994....
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Top Blockchain Non-Financial Applications According to Vitalik Buterin
16.6.2022
Ethereum (ETH) co-founder Vitalik Buterin has been quite vocal recently about the non-financial applications of blockchain technology and has published a paper on June 12 listing some use cases.
In a paper titled “Where to use a blockchain in non-financial applications,” in the first place,...