Bull flag breakout pushes Avalanche toward $80 as AVAX price hits another record high
The bullish setup emerges as traders raise their upside bets in smart contract protocols that rival Ethereum. Go to Source Powered by WPeMatico
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Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam
At the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum commands $130 billion of the aggregate total locked, a myriad of other defi-fueled blockchains continue to see TVLs steadily rise. Total Value Locked Across … Read more
Topps Unveils New MLB Inception NFTs — Firm’s NFT Series Now Minted on the Avalanche Blockchain
The American firm that manufactures chewing gum, candy, and collectibles, The Topps Company Inc., has announced the launch of the 2021 Topps MLB Inception NFT collection. Furthermore, Topps is now leveraging the Avalanche blockchain for NFTs after the company was using the Wax blockchain for projects like the Garbage Pail Kids and Godzilla series. Topps … Read more
Ethereum Fees Jumped 154% Since Last Week, $400 Uniswap Fees, $1K to Interact With Opensea
Following the bug and the split that occurred after a great number of Geth nodes did not upgrade, Ethereum fees have risen dramatically since August 21, jumping from $11 per transaction to today’s 0.0088 ether per transaction ($27.98). Ethereum Transaction Fees Skyrocket Ethereum is the second-largest crypto asset in terms of crypto market capitalization with … Read more
Top 5 cryptocurrencies to watch this week: BTC, ADA, AVAX, CAKE, ATOM
Bitcoin price continues to encounter resistance at the $50,000 level, but the rounding bottom pattern seen in most altcoins is a signal that traders intend to push prices higher. Go to Source Powered by WPeMatico
Avalanche (AVAX) in ‘overbought’ zone after 100% gains in a week — Correction ahead?
The AVAX/USD exchange rate slips more than 16% after testing its May 2021 resistance level. Go to Source Powered by WPeMatico
Avalanche founder Emin Gün Sirer ‘quite bullish’ on crypto market prospects
Despite the current market downturn, the Cornell University computer scientist and professor says he is bullish about crypto. Go to Source Powered by WPeMatico
Centre to Expand USDC to Ten More Blockchains; Launches on Tron
Centre, the consortium behind the issuance of USD Coin (USDC), announced it will launch the popular asset on 10 more blockchains. This would expand the reach of USDC to other environments and could make it more popular as a commercial and staking currency. While Centre made the announcement only recently, USDC surprisingly launched on Tron … Read more
Huobi Eco Chain’s TVL surges to $2.7b, but two DApps represent 86% of locked assets
The decentralized exchange Mdex and yield aggregator Filda represent roughly $2.4 billion of Heco’s $2.7 billion TVL combined. Go to Source Powered by WPeMatico
Tether to Launch USDT Natively on Avalanche
The blockchain company Tether has announced it will make available its stablecoin token as a native asset in Avalanche, a smart contract platform that has picked steam in the last year. Avalanche has a growing decentralized finance (defi) ecosystem, so this launch will most likely improve its state, providing users an official and safe way … Read more
