The total value locked (TVL) on the Solana blockchain’s decentralized finance (DeFi) space has trended downwards in U.S. dollar terms over the past three months, dropping a total of 45.9% from $3.94 billion to $2.13 billion. According to CryptoCompare’s latest Asset Report, the dominance of the five largest protocols on […]
Popular cryptocurrency analyst and expert trader Michaël van de Poppe has said that Tezos ($XTZ) a decentralized computing platform that supports smart contracts, is “ready for big breakouts,” pointing to a technical pattern on the cryptocurrency’s chart. In a tweet shared with his over 600,000 followers on the microblogging platform […]
David Rubenstein, the billionaire co-founder of private equity firm Carlyle Group, says that investing in Bitcoin is akin to gambling, and that waning confidence in governments is leading to greater belief in speculation. Speaking in a recent interview with Anthony Pompliano, Rubenstein compared trading in cryptoassets to that of gambling […]
Jeremy Hogan, an $XRP proponent and a U.S. legal counsel, has recently said that the U.S. Securities and Exchange Commission’s lawsuit against Ripple and two of its executives alleging they “raised over $1.3 billion through an unregistered, ongoing digital asset securities offering.” Responding to a user on social media, Hogan […]
The community behind the meme-inspired cryptocurrency Shiba Inu ($SHIB) has burned over 3.7 billion $SHIB tokens over the month of August alone, at a time in which the cryptocurrency’s price is rising along with its holder count. According to Shiba Inu burn tracking platform Shibburn, last month 528 transactions destroyed […]
The total market capitalization of smart contract platform Cardano ($ADA) has surged to briefly surpass the $17 billion mark ahead of the network’s highly-anticipated Vasil hard fork, which is expected to deliver a “massive performance improvement.” According to TradingView data, Cardano’s market capitalization stood below the $15 billion mark earlier […]
The cryptocurrency community is predicting that the price of $XRP will explode upward to end the month of September at $0.4917, which would mean the cryptocurrency’s price would rise 51.3% from its current $0.324 level. The figures come from CoinMarketCap’s price estimate feature, which saw over 1,200 users predict the […]
The cryptocurrency market’s recovery in July, which has seen the price of Bitcoin ($BTC) rise 18.4% and of Ethereum ($ETH) rise 64.7% respectively, has seen trading volume for the flagship cryptocurrency against BinanceUSD ($BUSD) explode upwards. According to CryptoCompare’s July 2022 Exchange Review, the average daily volume of the BTC/BUSD […]
Former hedge fund manager and billionaire investor Mike Novogratz, founder and CEO of Galaxy Digital, has outlined a key price level to watch on Ethereum ($ETH) as the cryptocurrency surges ahead of its long-awaited Merge upgrade. During an interview with Bloomberg, Novogratz noted that Ethereum needs to break through a […]
The Ethereum core developer team has discussed the tentative dates for the Merge to take place. The dates are not definitive; however, the devs have agreed that the Bellatrix update would land on September 6, and the Paris update would target September 15. The Merge is planned to take place […]
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