Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%

The crypto-economy has been sliding in value during the last 48 hours as the current market valuation for all 13,000+ crypto assets is $1.83 trillion. Furthermore, the total value locked (TVL) in decentralized finance (defi) protocols has slipped below the $200 billion mark to $196.02 billion on Sunday morning (EST). Meanwhile, Ethereum’s dominance is 55.54% […]

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Bitcoin, Ethereum Technical Analysis: ETH Prepares for Rally, While BTC Seeks Support

Bitcoin, Ethereum Technical Analysis: ETH Prepares for Rally, While BTC Seeks SupportBitcoin remained under the $40,000 level on Sunday, as bears continued to pressure cryptocurrency markets. This pressure also kept ethereum lower, with the world’s second-largest crypto hovering around its long-term support level. Bitcoin Sunday saw the price of bitcoin (BTC) trade lower for a fifth consecutive session, as it was unable to shake off recent […]

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NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge

The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum network spiked by 97.53% this week. NFT Interest and […]

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Bitcoin, Ethereum Technical Analysis: BTC Falls Below $40,000 to Start Weekend

Bitcoin has fallen below $40,000 to start the weekend, as cryptocurrency markets extend recent losses. ETH was also lower on Saturday, falling to its lowest point this week in the process. Bitcoin BTC fell for its fourth consecutive session on Saturday, as the world’s largest cryptocurrency dropped below its long-term support level. The price of […]

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Bitcoin, Ethereum Technical Analysis: BTC Approaching $40,000 Support on NFP Day

Following three consecutive sessions of declines, BTC was fast approaching its support level of $40,000 on Friday, as markets prepared for February’s nonfarm payrolls report. This came as ETH also fell lower, and is approaching its own floor of $2,500 in the process. Bitcoin BTC bulls have been few and far between over the last […]

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Leaked Images Suggest Opensea Plans to Add Solana-Based NFT Support

Leaked Images Suggest Opensea Plans to Add Solana-Based NFT SupportLeaked images that allegedly derive from the leading non-fungible token (NFT) marketplace Opensea indicate that the platform may soon introduce Solana-based NFTs. The images were discovered by the tech blogger Jane Manchun Wong who is well known for leaking information about yet-to-launch features from specific tech platforms. Tech Blogger With History of Discovering Yet-to-Launch Features […]

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Phillips Auction Featuring Basquiat Painting Worth $70M to Accept Bitcoin, Ethereum Payments

On May 18, the auction house Phillips will be hosting an evening sale featuring the work of the American artist Jean-Michel Basquiat. Phillips’ Evening Sale of 20th Century & Contemporary Art will auction Basquiat’s “Untitled, 1982” piece worth an estimated $70 million. According to the announcement, Phillips has revealed the auction will accept ethereum or […]

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