Avalanche (AVAX) price drops 45% in a month and data points to further downside
AVAX is testing support at $14.80 and the network’s DApp use is underperforming its competitors, suggesting that the easiest path...
Month: June 2022
Colombia’s new president seems to be a fan of Bitcoin
“Virtual currency is pure information and therefore energy,” said Gustavo Petro in 2021, in regard to mining crypto in Colombia....
Why cross-chain interoperability matters for DeFi
With hundreds of cryptocurrency exchanges available for users to transact on, the question becomes centralized or decentralized, neither of which...
Bank of Israel experiments with central bank digital currency smart contracts and privacy
The Israeli central bank looked at trust issues and policy decisions implied in a potential digital shekel, as well as...
Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?
BTC’s high volatility and halving-related bear markets tend to drag down investment and interest in the entire crypto market. Can...
FTX US acquires Embed Financial subsidiary for stock trading platform
The FTX Stocks platform has been in beta testing for select U.S. users since May, but the firm reported it...
GameFi continues to grow despite crypto winter: DappRadar report
The report seems to show that turbulence in the crypto markets has failed to rattle investments and forward movement of...
What Is Celsius Network and Why Has It Suspended Client Withdrawals?
Celsius, a popular cryptocurrency lending platform, has suspended most of its services as market conditions have put pressure on its...
How Serious is the Looming Cryptocurrency Bear Market?
In 2019 alone, BTC surged by over 800 percent. Today, 1 Bitcoin is easily exchanged for $20,000 USD at many...
Solana NFT Marketplace Magic Eden closes $130M Series B round at $1.6B valuation
Magic Eden accounts for over 90% of NFT trading volume on Solana. On Tuesday, Magic Eden, a popular nonfungible tokens,...
Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts
“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least...
BIS: 90% of Central Banks are researching the utility of CBDCs
The institution's future monetary vision includes exploring innovations grounded in trust in central banks' stable sovereign currencies and safe payment...
Japanese film studio announces the production of a series based on crypto
Animator Haruna Gohzu, who worked in popular anime like Pokémon and the Demon Slayer movie, will lead the animation in...
Biggest Movers: DOGE, SHIB Near 10-Day Highs, Following Recent Surges in Price
SHIB was trading almost 15% higher during today’s session, as its price approached a ten-day high. Its fellow meme coin,...
Top Privacy Cryptocurrencies by Market Cap Lost Half Their Value in Less Than 2 Months
Since the end of April, the top privacy crypto assets by market capitalization went from a combined value of $10.7...
