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Value Locked in Defi Climbs 13% Higher Since Last Week’s Low, SOL Price Jumps 25%, AVAX TVL Spikes

Value Locked in Defi Climbs 13% Higher Since Last Week’s Low, SOL Price Jumps 25%, AVAX TVL Spikes

The total value locked (TVL) in decentralized finance (defi) has jumped back above the $200 billion range, hovering around $216.49 billion on Saturday morning (EST). The TVL in defi has increased 13.60% since tapping a

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Proof-of-Reserves Audit Shows Kraken Holds $19B in BTC and ETH

Proof-of-Reserves Audit Shows Kraken Holds $19B in BTC and ETH

Major cryptocurrency exchange Kraken announced the results of a proof of reserve audit on Thursday, showing that it holds more than $19 billion worth of Ether (ETH) and Bitcoin (BTC). Almost $20 billion Stored on

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18.8 Million SHIB Burned in Past 24 Hours but Lots More to Be Gone in 10 Days: Etherscan Data

18.8 Million SHIB Burned in Past 24 Hours but Lots More to Be Gone in 10 Days: Etherscan Data

In the past 24 hours, nearly 19 million SHIBs have been destroyed, but many more will be burned on Valentine’s Day Shibburn Twitter account has shared data from etherscan, saying that over the past twenty-four

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CryptoPunks Community Upside Down in Battle for Legitimacy

CryptoPunks Community Upside Down in Battle for Legitimacy

Larva Labs is facing backlash concerning the authenticity of Punks, stemming from its failed V1 CryptoPunks project and its newly launched V2 CrytoPunks. Confusion has spread through the CryptoPunks community, as those who still attribute

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Cardano Price Analysis: Following the 5% Daily Surge, is ADA Ready to Test $1.2?

Cardano Price Analysis: Following the 5% Daily Surge, is ADA Ready to Test $1.2?

Main levels of support: $1.1, $1 Key Resistance Levels: $1.2, $1.36 The market turned bullish yesterday and ADA broke above key resistance at $1.1, which is now acting as support. The next level to break

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Bitcoin Price Analysis: Following BTC’s Surge Above $41K, What’s the Next Target?

Bitcoin Price Analysis: Following BTC’s Surge Above $41K, What’s the Next Target?

The recent unexpected price action in the market has resulted in positive shifts in sentiment. However, many analysts remained skeptical due to macro-level uncertainty. Here, we discuss the important technical confirmations for a mid-term trend

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‘The Demon’ Gene Simmons Accepts Bitcoin for The Sale of His Las Vegas Estate

‘The Demon’ Gene Simmons Accepts Bitcoin for The Sale of His Las Vegas Estate

Legendary bassist/singer of rock band KISS – Gene Simmons – has revealed that aside from fiat currency, buyers can also purchase his $13.5 million Las Vegas home in digital assets. Those accepted are Bitcoin (BTC),

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Nike Sues StockX for Infringing NFTs; Teases New Virtual Products

Nike Sues StockX for Infringing NFTs; Teases New Virtual Products

Last week, Nike (NYSE:NKE) filed a lawsuit for trademark infringement against sneaker resale giant StockX for selling its “Vault” NFTs without authorization. In the federal lawsuit filed Thursday last week, Nike alleges that StockX was

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These indicators may favor Bitcoin and Ethereum despite a rocky start to 2022

These indicators may favor Bitcoin and Ethereum despite a rocky start to 2022

The entire cryptocurrency market had a rocky start to 2022. Bitcoin hit a three-month low as global markets continued their New Year’s selloff due to different factors. Ethereum fared even worse in early 2022, down

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Is Scallop (SCLP) A Good Investment?

Is Scallop (SCLP) A Good Investment?

Scallop is a new banking-as-a-service provider that aims to streamline the way individuals and businesses manage both their cryptocurrencies and fiat currencies through a range of novel products and services. The platform is designed to dissolve the boundaries between the worlds

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