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Following a notable 60% drop from the recent peak, XDC found support and remained quiet for a week. Wednesday marked a major resurge and the price closed strongly. It repeats the pattern today and now looks strong. XDC provided a sizeable discount during the past months of drops, although is not much compared to the … Read more
The BNB Chain ecosystem is seeing a very good rebound. After a brief period of retracement, multiple tokens in the ecosystem are recording strong and impressive gains. The surge in the prices of key tokens has gifted the blockchain community with fresh excitement. This has, in turn, gifted us with fresh enthusiasm for the ecosystem’s … Read more
One of the leading blockchain platforms, Solana, had a week of incidents that were both worth celebrating and difficult to deal with. The network clocked five years as a fully functional and effective blockchain technology—a truly remarkable achievement given the often short-lived nature of many blockchain projects. But on the other hand, it had to … Read more
In the fast-changing sphere of decentralized finance (DeFi), yield-bearing stablecoins are one of the most exciting new developments. Stablecoins have for a long time been held up as the solution to the crypto market’s volatility problem, and rightfully so. They are required by DeFi protocols like Aave and Compound. But while we have seen incredible … Read more
In spite of SHELL market maker’s aggressive repurchase initiatives, the token’s price remains stuck at $0.3029. Just 48 minutes ago, a notable transaction occurred when SHELL market maker’s public repurchase address withdrew a substantial 499,998 SHELL tokens—approximately $153,000 worth—from Binance. This latest withdrawal brings the balance up to 20.45 million SHELL tokens, about $6.23 million … Read more
The decentralized finance (DeFi) world is proving to be resilient in lending protocols that consistently hold a steady share of the total value locked (TVL) in lending. For the past year, lending has held a stable 15-20% portion of DeFi’s total TVL. This showcases a continued and steady demand for lending protocols in DeFi, even … Read more
A considerable step in the direction of decentralized finance (DeFi) that has been taken is the accumulation of large quantities of DeFi tokens by holders of substantial amounts. Of late, some noteworthily large purchases of $UNI, $MKR, and $AUCTION tokens have been made, with the bulk of those acquisitions coming from direct withdrawals from Binance. … Read more
A Bitcoin address associated with a whale has made some long-awaited moves, transferring 300 BTC valued at about $25.1 million to the FalconX platform after sitting still for 1.5 years. This transaction is quite a change from the whale sitting still for 1.5 years (and doing nothing) and also for sitting still (and doing nothing) … Read more
A remarkable shift in the decentralized exchange (DEX) space has seen PancakeSwap become the top DEX, surpassing Uniswap. On Wednesday, the DEX recorded $1.64 billion in trading volume. This was not only enough to put PancakeSwap ahead of Uniswap, which recorded $1.04 billion in volume, but also to distance itself from Solana’s Raydium, which logged … Read more
Within the cryptocurrency market, a stunning development has taken place. A recently popular token known as $Mubarak has achieved a market cap that is now an impressive $120 million. In just the past 24 hours, the token has experienced a growth spurt that is nothing less than astonishing, with its trading volume hitting $60 million, … Read more