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Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits
2.3.2023
During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized finance (defi) has also increased, with its TVL accounting...
Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn
1.3.2023
Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates that there are 22,709 crypto assets. Additionally...
Ethereum Price Prediction as ETH Reaches $200 Billion Market Cap – Time to Buy?
1.3.2023
The ethereum price has risen by 2% in the past 24 hours, reaching $1,657 as the cryptocurrency market gains by the same percentage. Its current price means that it's static in the past week and has increased by 6% in the last 14 days, with the coin just about recovering its $200 billion market...
Artificial Intelligence Crypto Assets Continue to Surge, Accounting for $4 Billion in Market Value
27.2.2023
Following a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to see gains over the last 30 days. Currently, out of 74 listed AI-focused cryptocurrencies, the net value of all these tokens has risen to more than $4 billion, which accounts for 0.37%...
GBTC approval could return a ‘couple billion dollars’ to investors: Grayscale CEO
26.2.2023
Grayscale Investments' boss, Michael Sonnenshein, said that if GBTC got the green light to "convert" to a spot BTC ETF there would "no longer" be a discount or a premium, amid ongoing legal action against the SEC
BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance
25.2.2023
After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with...
Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark
25.2.2023
The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that...
Ethereum Price Prediction as $9 Billion Trading Volume Comes In – Can ETH Overtake Bitcoin?
24.2.2023
The ethereum price has dropped by 1% in the past 24 hours, amid a 1.5% decline for the cryptocurrency market as a whole. At $1,649, it has barely changed after a week and is up by 6% in the last 30 days, with the biggest altcoin also rising by 38% since the start of the year....
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Block’s Q4 Bitcoin Revenue Fell 7% Year-Over-Year to $1.83 Billion
23.2.2023
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said
Journalist Unravels Wild Tale of Vitalik Buterin's $1 Billion Crypto Donation to Indian Covid Relief Fund
23.2.2023
Back in 2021, amid the best of the bull run and the worst of the Covid-19 Pandemic, Vitalik Buterin made a now legendary donation of $1bn in SHIB to support Covid-19 efforts in India.
Now almost two years later, an investigation by top crypto journalist Isabel Hunter (DL News) has revealed that...
Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case
23.2.2023
Sam Bankman-Fried (SBF), the disgraced co-founder of FTX, faces four more charges after a new indictment was unsealed on Wednesday. The charges include operating an unlicensed money transfer business and conspiring to commit bank fraud. SBF Gets 4 New Charges Tacked Onto His Indictment The former...
COTI’s turning point: more than half a billion $COTI deposited
23.2.2023
Ever since the entity successfully launched the COTI Treasury, it has been able to witness an extremely speedy pace of growth. At the present moment in time, it boasts of having been able to accumulate more than half a billion $COTI. It has, in actuality, become the very backbone of the COTI...
Frax Finance Votes to Fully Collateralize Its $1 Billion Stablecoin
23.2.2023
The vote is a step for Frax’s native stablecoin frxUSD to retire its algorithmic element
Ordinals NFTs Can Make Stacks’ STX a Multi-Billion Dollar Token: Matrixport
22.2.2023
Terra Luna Classic Price Prediction as LUNC Reaches $1 Billion Market Cap – Can LUNC Recover in 2023?
21.2.2023
The terra luna classic price has dipped to $0.00016810 today, marking a 1% loss in a day and also a week. LUNC is also down by 6% in a month, with the token hurt by the recent news that the SEC is charging Terraform Labs and CEO Do Kwon with running multi-billion dollar securities fraud....
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Bitcoin Price Prediction as $40 Billion Trading Volume Comes In – Here are Key Levels to Watch
20.2.2023
Bitcoin 's price has been on the rise, with a trading volume of $40 billion entering the market. The BTC/USD pair has declined less than 1% within the past 24 hours, currently trading at $24,372.00. Despite this recent dip, its value has seen a notable increase of over 11% within the last seven...
Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days
20.2.2023
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of...
African Fintech Startups Raised $1.45 Billion in 2022 — Sector’s Share of the Continent’s Total Funding Drops
19.2.2023
Despite seeing their share of Africa’s startup funding drop from 48.3% seen in 2021 to 43.4% in 2022, fintech still managed to raise 39.3% more capital in 2022 ($1.45 billion) than they did in 2021 ($1.04 billion). Nigeria was again the best-funded country after 180 of its startups raised...
Moody’s Says Forex Shortages May Force Nigerian Central Bank to Delay Repaying Local Banks
17.2.2023
The persistent scarcity of foreign exchange may force the Nigerian central bank to delay repaying the $10.4 billion owed to local banks, analysts at Moody’s Investors Service have concluded. The central bank’s failure to pay its debts on time will likely force the affected financial...
Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse
16.2.2023
Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido...