NeoNexus founder pulls the plug on popular Metaverse NFT project
Estimates suggest the metaverse project raised 25,000 SOL at its NFT mints, earning between $2 to $4 million. Go to Source Powered by WPeMatico
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2 metrics signal traders do not expect $2T crypto market cap anytime soon
Despite only one coin among the top-80 declining over the past week, Tether and futures premiums show a lack of excitement in the market. Go to Source Powered by WPeMatico
Price analysis 3/21: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
Bitcoin and most major altcoins are attempting to sustain above their immediate support levels, signaling a possible change in the short-term trend. Go to Source Powered by WPeMatico
Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54%
As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range for most of the year. While the TVL in defi dropped 0.51% during the last 24 hours, statistics show the TVL today is hovering around … Read more
Price analysis 3/18: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
Select altcoins are outperforming the market despite Bitcoin struggling to sustain the higher levels. Go to Source Powered by WPeMatico
Coinbase Wallet adds support for Solana
Coinbase has added wallet support for SOL and Solana-based tokens, and has outlined that it will look to support NFTs and dApps on the blockchain in the future too. Go to Source Powered by WPeMatico
NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior
After cryptocurrency assets jumped in value this week, following the Federal Reserve’s rate hike on Wednesday, non-fungible token (NFT) weekly sales volume data shows an improvement from last week’s sales metrics. At the time of writing, in terms of seven-day sales volume, the aggregate NFT sales volume increased by 17.86% this week to $457 million. … Read more
Price analysis 3/16: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
Bitcoin and select altcoins have broken above their immediate resistance levels, indicating the start of a relief rally. Go to Source Powered by WPeMatico
Price analysis 3/14: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
The bounce in Bitcoin and select altcoins increases the possibility of a short-term rise in prices. Go to Source Powered by WPeMatico
More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols
In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized exchange (dex) platforms and lending applications, allowing people to … Read more