Polygon committing $10M to reach 1M users using 0x API
The project said it anticipated “an influx of new DeFi projects onboarding into the 0x ecosystem.” Go to Source Powered by WPeMatico
Ethereum
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Price analysis 6/9: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, SOL, BCH
Bitcoin’s sharp rebound from its recent swing low suggests traders are aggressively accumulating BTC and altcoins on major dips. Go to Source Powered by WPeMatico
Ethereum bull trap? ETH price signals breakdown versus Bitcoin
The ETH/BTC exchange rate has surged by around 40% after bottoming out at 0.055 BTC. But the pair appears to be heading into a bull trap. Go to Source Powered by WPeMatico
Solana Aims to Raise $450 Million to Battle Ethereum Supremacy
Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy in the Defi ecosystem. Solana to Raise $450 Million … Read more
Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, bank transfers remain the scammers’ favorite way to extract money. Australians Lose $670 Million to Scammers in a … Read more
Record $141M outflow from Bitcoin products signals institutions are bearish on BTC: CoinShares
Institutional investors withdrew a record $141 million from Bitcoin investment products this past week. Go to Source Powered by WPeMatico
Two-Fifths of Australian Millennials Prefer Crypto Investments Over Real Estate
A report published by the cryptocurrency exchange Kraken shows that two-fifths of Australian millennials prefer to invest in cryptocurrency assets over real estate. The survey shows that a number of Australians are losing faith in traditional assets like gold, stocks, and real estate. Kraken’s Australia Managing Director: ‘Young Aussies Look for Other Options to Grow … Read more
Price analysis 6/7: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, ICP, BCH
Bitcoin and altcoins are likely to remain under pressure for a few days but lower levels could attract buying. Go to Source Powered by WPeMatico
Top 5 cryptocurrencies to watch this week: BTC, ETH, ADA, SOL, THETA
Bitcoin is on the verge of a trend defining move and if bulls succeed, ETH, ADA, SOL and THETA could rally higher. Go to Source Powered by WPeMatico
Why Bitcoin’s next breakout may not be an altcoin season signal
Many investors rely on bullish breakouts from Bitcoin as a sign of the next altcoin season but data suggests this strategy is flawed. Go to Source Powered by WPeMatico