Bitcoin Blockchain and Cryptocurrency News Center
As the Cointelegraph announced, DeFi token prices leave a lot to be desired, but the sector’s real benefit is the lending and liquid staking options, not the price of useless governance tokens. The decentralized finance (DeFi) sector has been sitting in the backseat since whipping up a frenzy in the summer of 2020 through the […]
UNI, AAVE, CRV, AXS and DOGE are a few of the top cryptocurrency projects in 2021 that helped transform the face of the cryptocurrency ecosystem and paved the way to mass adoption, the Cointelegraph writes. 2021 was a breakout year for the cryptocurrency market in many respects and most investors are absolutely thrilled that Bitcoin […]
The rise of DeFi improves financial inclusion and should be allowed to flourish in a regulated, and thus protected, environment, the Cointelegraph stated. Cryptocurrency brought us peer-to-peer payments that continue to elevate participation in the global economy for millions of people without access to traditional banking services. The rise of decentralized finance (DeFi) promises to […]
DeFi and NFT-related tokens such as GHST, CNS and TLM defied the market’s bearish mood to post double-digit gains in the past 48 hours. Crypto markets faced another day of struggle on Thursday as the price of Bitcoin (BTC) dropped to its “final support zone” near $31,000, which prompted traders to issue dire predictions about the […]
Taking a bird’s-eye-view of the DeFi sector shows that even though asset prices are down, the ecosystem continues to rapidly expand. Decentralized finance (DeFi) has been one of the hardest-hit sectors since Bitcoin (BTC) price corrected from its all-time high in early May and this can be seen by the decline in the total value […]
ADA price crashed the last time Cardano futures open interest reached $1B, leading traders to question whether it is about to happen again, the Cointelegraph reported. Cardano’s (ADA) impressive 816% gain in 2021 catapulted the smart-contract platform’s market capitalization to $61 billion. To fully grasp how far this third-generation protocol has gone, the absolute leader, […]
“The crypto narrative is shifting from bitcoin to ethereum,” wrote FundStrat, which placed a $10K price target on ETH for this year. Ether (ETH), the second-largest cryptocurrency by market cap, could see further gains towards $10,000 this year after reaching a new all-time high around $2,780 on Thursday – a roughly threefold increase forecasted by […]
Cardano is soaring, though Ada’s price still has a long way to go to beat its record high vs. Bitcoin, the Cointelegraph writes. Cardano’s Ada received a fresh wave of optimism and buying volume on Feb. 26 that pushed its price to a new all-time high of $1.29, making it the third-ranked cryptocurrency by market capitalization. Data […]
Investors look to be temporarily shifting focus away from bitcoin and toward crypto tokens associated with decentralized finance (DeFi), the CoinDesk writes. In the past 24 hours, DeFi-linked coins such as COMP, AAVE, KNC and ZRX have all leapt to fresh lifetime highs. Compound’s governance token COMP clocked a new record of $500, taking the […]
Chainlink (LINK) was soaring high in the early European trading session Thursday as traders continued to seek hedge in the cryptocurrency market against a choppy Bitcoin. The LINK-to-dollar exchange rate surged to $24.9, up 15.16 percent from its intraday opening value. The latest upside appeared near a confluence of supports around the $19-20 price range, […]