Category Archives: Crypto News

The future of DeFi is spread across multiple blockchains

As the decentralized space is growing at lightning speed, projects need to adapt to the multichain future or risk becoming irrelevant. Long stuck in the shadows of Bitcoin (BTC), Ethereum (ETH) finally took hold of the market in 2020 during the decentralized finance summer. Designed to recreate traditional financial systems with fewer middlemen, DeFi is now being used across lending, borrowing, and the buying and selling of tokens. The majority of these decentralized applications (DApps) are run on Ethereum, which saw activity on the network increase during […]

More info

Traders forecast $3K Ethereum price but derivatives data suggests otherwise

ETH might have rallied 35% off its $1,750 low but derivatives data shows pro traders are not so bullish. Ether (ETH) rallied 35% over the past ten days and reclaimed the critical $2,300 support, but the crucial $2,450 local top hasn’t been tested since June 17. Part of the recent recovery can be attributed to the London hard fork, which is expected to go live on Aug. 4.  Traders and investors view the EIP-1559 launch as a bullish factor for Ether price because it is expected to […]

More info

5 easy ways crypto investors can make money without needing to trade

Want to get paid to HODL? Here are five easy ways crypto investors make money without trading. Large price jumps and 100x gains get a lot of attention from pundits and influencers in the cryptocurrency community because they offer the hope of overnight riches. In reality, these opportunities are few and far between. Not to mention, only a handful of traders actually manage to catch these waves and cash out in time to lock in life-changing money.  Fortunately, catching a large price surge is far from being […]

More info

Price analysis 7/30: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

Traders expect altcoins to move higher now that Bitcoin price finally pierced the $41,000 resistance. Bitcoin (BTC) and most major altcoins seem to be faltering near their respective overhead resistance levels. This suggests that some investors are continuing to sell at higher levels. However, 21st Paradigm co-founder Dylan LeClair said that on-chain data shows “big transfer volumes from over-the-counter (OTC) desks over the last week.” Cointelegraph also recently highlighted a historic 57,000 BTC outflow from exchanges on July 28. Ecoinometrics also cited on-chain data to show that […]

More info

GoldenTree Asset Management is reportedly investing in Bitcoin

At least three executives at the $45 billion firm have participated in a funding round for the blockchain-focused VC group Borderless Capital. New York-based asset management firm GoldenTree has reportedly added Bitcoin to its balance sheet, though the amount of this supposed investment remains unknown. According to a Friday report from financial news outlet The Street, the firm with roughly $45 billion in assets under management has purchased some Bitcoin (BTC) but has seemingly shied away from other cryptocurrency investments. Citing two sources with knowledge of the […]

More info

Binance completes Polygon wallet integration

The company indicated that transactions should now be cheaper than utilizing the traditional Polygon-Ethereum bridge. Binance has fully integrated the Polygon (MATIC) mainnet onto its platform, according to a press release. From now on, Binance traders can deposit and withdraw MATIC through their Binance accounts while also interacting with decentralized applications, or DApps, like Sushiswap, Balancer, Aave, and more.  This integration is meant to ensure that traders can utilize said DApps cheaply and efficiently without using the existing Polygon bridge. Related: Polygon announces scalable data availability infrastructure […]

More info

NFTs can be a good pathway to draw women into crypto, says Lavinia Osbourne

Though nonfungible token projects are one path to entry, women are still underrepresented in many crypto and blockchain firms. Women looking for a way to enter a male-dominated space like crypto and blockchain may be drawn in by nonfungible tokens, according to Women in Blockchain Talks founder and host Lavinia Osbourne.  Though the ongoing pandemic has left people in many countries in financial trouble — whether by losing their jobs, being unable to physically go to banks, or other concerns — Osbourne told Cointelegraph the event may […]

More info

Avalanche launches upgraded bridge, prepping DApps for mainstream adoption

The new bridge is allegedly five times cheaper, faster, and more secure than before. The company says it is meant to act as a “growth engine” for future expansion. Avalanche (AVAX) is replacing its months-old Avalanche-Ethereum Bridge, or AEB, with the aptly named Avalanche Bridge, or AB, according to a Medium post from the company. This newer bridge is allegedly fives times cheaper than the previous one and will act as a “growth engine” for the project’s future. The post notes that the AB is available to […]

More info

Cardano risks 60%-90% drop, warns trader with ADA painting a classic bearish pattern

Spotted by veteran analyst Peter Brandt, the classic technical pattern can result in ADA price losing almost 90%. Cardano is close to attaining the title of a fully-fledged smart contracts platform following a critical upgrade in mid-July. The project’s founder Charles Hoskinson confirmed that they recently processed the sales of more than $10 million worth of non-fungible tokens atop their public ledger. Moreover, an NFT and DeFi Marketplace called the Spores Network, which raised $2.3 million in a fundraiser, said it would deploy its services atop the Cardano chain for […]

More info

Who takes gold in the crypto and blockchain Olympics?

Every four years (usually), the world comes together in a celebration of sport and competition at the Olympic Games. In the spirit of Tokyo 2020, lets look at countries that are deserving of gold medals across different spheres of the cryptocurrency and blockchain space. The variety of sports featured at the Olympics have changed over the years, and the current summer Olympics in Japan features a total of 33 different sports. Exciting competitions like skateboarding and surfing were added for Japan as the global showpiece continues to […]

More info
1 2 3 2,768