Price analysis 5/24: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, UNI, LTC
The current relief rally in Bitcoin and altcoins could be a sign that the market is reaching a bottoming phase. Go to Source Powered by WPeMatico
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DeFi token prices obliterated as Bitcoin sell-off knocks TVL under $100B
DeFi darlings and blue-chip token values fall more than 60% as the crypto market sell-off pushes the total TVL below $100 billion. Go to Source Powered by WPeMatico
Price analysis 5/21: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, LTC, UNI
Bitcoin’s failure to extend its recovery shows supply exceeds demand at higher levels and this could put a cap on the bounce in altcoins. Go to Source Powered by WPeMatico
Bitcoin correction heralded as a ‘BTD’ opportunity, but what about DeFi?
DeFi protocols were buzzcut as their token values plummeted and the total value locked on all platforms fell to levels not seen since April. Go to Source Powered by WPeMatico
Defi Economy Lost $20 Billion This Week, Decentralized Exchange Volumes Still Sky High
While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the total-value locked (TVL) in defi touched $87 billion on May 11, and since then the aggregate total has slid to $66 billion in value. Weekly … Read more
Price analysis 5/19: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, LTC, UNI
Retail traders capitulated as Bitcoin and Ether dropped to multi-month lows and technical indicators suggest the markets could remain volatile over the next few days. Go to Source Powered by WPeMatico
Trying to predict the price of a cryptocurrency? Should you use MVRV, stock-to flow, NVT?
Asset managers explain how to calculate the value of each type of digital asset. Go to Source Powered by WPeMatico
There’s Close to 300,000 Bitcoin-Pegged Tokens Hosted on ETH and BSC, Value Exceeds $12 Billion
For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied to wrapped or synthetic bitcoin projects hosted on Ethereum or the Binance Smart Chain. Layer 2 and Sidechain Competitors Command $251 Million in Bitcoin Value … Read more
Price analysis 5/17: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, LTC, UNI
Traders appear disinterested in buying Bitcoin at the current levels, suggesting that further downside could be in store for BTC and altcoins. Go to Source Powered by WPeMatico
Kenya Based Technology Firm Switches to Pancakeswap, Cites High Gas Fees on Uniswap
In its bid to help users avoid high gas fees on Uniswap, a Kenya-based fintech firm, UTU, recently launched a liquidity pool on the decentralized exchange (dex), Pancakeswap. This launch enables prospective UTU coin buyers to acquire the token “with low fees and fast confirmation times.” In a statement posted on the firm’s blog, UTU, … Read more
