Bitcoin’s price has finally found support and is demonstrating a rapid recovery. Yet, there is still one major obstacle it needs to break through. Technical Analysis By TradingRage The Daily Chart On the daily chart, the BTC price has experienced a massive drop since getting rejected from the $68K resistance level. However, the decline has…
Andrena, a U.S.-based internet service provider, has announced the completion of an $18 million extended Series A funding round led by Dragonfly Capital, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and Parafi. The funds will be used to develop Dawn, a Solana-based decentralized broadband distribution network. Andrena Raises $18…
PRESS RELEASE. Geneva, Switzerland, August 9, 2024 – The Asia Blockchain Summit 2024 (ABS2024), featured TRON DAO as a Title Sponsor and welcomed TRON founder Justin Sun to deliver a keynote speech. Sun also participated in a thought-provoking fireside chat with Song Hongbin, author of “Currency Wars”. The summit convened leaders from Web3, and various…
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) After a difficult start on Monday, Ethereum closes the week with a 15% loss. It was a lot worse earlier in the week, but bulls managed to recover some of the losses since. The current support is found…
This week, Dogecoin (DOGE) makes headlines with a substantial surge, Render (RENDER) gains momentum after a major blockchain transition, and DigiHorse (DIGI) continues to innovate in the NFT gaming space. Understanding the dynamics of these tokens can give valuable insights into market updates and possible investment opportunities. From Dogecoin’s impressive recovery to Render’s promising future…
The U.S. Federal Reserve has taken decisive action against Customers Bank, highlighting significant compliance deficiencies in its digital asset strategy and instant payments network. The enforcement action mandates the bank to bolster its Anti-Money Laundering (AML) protocols and limit risks associated with its digital asset clients. This move underscores the increasing regulatory scrutiny on financial…
Discover the top DeFi projects maximizing returns and leveraging Pendle pools for innovative yield optimization strategies. Decentralized finance (DeFi) platforms are favored for their transparency, accessibility, and potential for high returns. So it’s not shocking that they’re attracting a growing user base. Yield optimization is emerging as a key strategy for maximizing returns on crypto…
Decentralized finance (DeFi) is a financial ecosystem composed of decentralized applications (dApps) built on blockchain networks, most popularly, Ethereum. It’s difficult to pinpoint precisely when DeFi was born, as there is not a universally agreed-upon date marking the birth of the DeFi sector. What could be stated is that DeFi was born over time thanks…
Bitcoin’s price recovery continues as the asset flew past $60,000 and neared $63,000 for the first time since the weekend. The altcoins have also turned green once again. This time, Ethereum leads the pack with a notable 10% surge. BTC Goes Beyond $60K CryptoPotato reported the market-wide crash that transpired at the end of last…
TL;DR The Shiba Inu burn rate surged by nearly 140,000% in the past 24 hours, with over 105 million tokens burned, contributing to a significant reduction in the circulating supply. Alongside the burn rate, other SHIB metrics such as large transaction volumes and daily active addresses have also risen, indicating growing interest and engagement. Burning…