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Sanchan Saxena, the Vice President of product at Coinbase said yesterday that the “insane” amount of traffic from signing up to waitlist temporarily broke the site. Go to Source Powered by WPeMatico
Bitcoin remains strong above its recent breakout level, but several major altcoins are still under pressure until BTC reveals its next move. Go to Source Powered by WPeMatico
ETH price is lagging behind BTC’s recent gains, but data signals that traders are confident in the altcoin breaking through $4,000 in the short-term. Go to Source Powered by WPeMatico
Decentralized finance (defi) has swelled quite a bit this year and on October 5, the total value locked (TVL) in defi protocols crossed the $200 billion mark. Since January 1, the defi TVL across various blockchains has risen almost 855% from $21.4 billion to today’s $204 billion. Total Value Locked in Defi Jumps Over the … Read more
Speaking on Bitcoin: “In some ways, the number of critics matters much less than the strength of the supporters.” Go to Source Powered by WPeMatico
ETH/BTC dropped below its 200-day exponential moving average for the first time since March 2020, raising risks of more downside. Go to Source Powered by WPeMatico
Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week. Go to Source Powered by WPeMatico
During the first week of September, the Wormhole Network’s ethereum ↔ solana bridge was introduced to the Solana community and the following week, developers released a bi-directional connection for blockchain non-fungible token (NFT) collectibles. On Monday, the Wormhole dev team revealed it has added Binance Smart Chain support to the token and NFT bridge platform. … Read more
On Monday, FTX US announced the launch of its marketplace for non-fungible token (NFT) assets. FTX explained that the marketplace will feature Solana-based NFTs but support for Ethereum-based NFTs is coming in the near future. FTX US Reveals New Solana NFT Market, Plans to Support Ethereum in the Near Future West Realm Shires Services Inc., … Read more
Analysts say Bitcoin has started its journey toward a new all-time high and the sideways action from altcoins suggests traders are shifting funds into BTC. Go to Source Powered by WPeMatico