Ethereum’s DeFi scene has been buzzing again this year, with the emergence of a new kind of asset called “liquid restaking tokens” or LRTs promising to maximize investor’s yields like never before. In the last year, billions of dollars of vale have flowed into liquid restaking protocols like Kelp DAO, Ether.Fi, Swell and Puffer Finance,…
Financial services giant Fidelity is forecasting how stablecoins could cause further divergence between the top two crypto assets by market cap. In a new report, Fidelity says that the rise of stablecoin usage on Ethereum (ETH) will push it apart from its competitors in the layer-1 sector as well as from Bitcoin (BTC). “Bitcoin and…
Tickmill has gone a step further to support traders ahead of the upcoming US presidential elections by introducing a platform to help traders navigate heightened market volatility. According to a LinkedIn post, the US Elections-Traders Hub will provide resources and insights for every trading level. Shifting Market Dynamics The outcome of the November 5, 2024,…
Crypto is a man’s game? Not quite, according to a new report. In fact, women are just as likely to “HODL” as men are. That’s what New York-based crypto exchange Gemini said in a new survey of 6,000 people. Their report, “2024 Global State of Crypto,” found that while a gender gap in crypto still…
The latest consumer price index (CPI) data released for August shows a continued slowdown in inflation growth, and this could signal more upside for the cryptocurrency market. As inflation nears the Federal Reserve’s 2% target, traders are becoming increasingly optimistic about future rate cuts, which could lead to long-term rallies in risk assets like Bitcoin…
Presales allow investors to buy cryptocurrencies before they launch on the open market. They’re high-risk, high-reward endeavors, but many traders embrace them in hopes of huge gains if the investment goes well. This article reviews three of the top trending presales that are ongoing right now. Crypto All-Stars Crypto All-Stars is a unified staking protocol…
Bitcoin, the original cryptocurrency, has come a long way from its informal past. From an experimental digital currency that occupied cypherpunk niches on the internet, it has grown to a trillion-dollar market cap asset valued at over $66,900 per coin as of this writing. While investing in Bitcoin is still considered a wild ride, the…
Advertisement     Cardano (ADA) founder Charles Hoskinson has clapped back at critics spreading false information about Cardano. Hoskinson was responding to the “DCA Live—Bottom is in” discussion by crypto analyst MartyParty, which poked holes in ADA’s huge market cap despite price inaction. ADA is the 11th-largest cryptocurrency with a market capitalization of $12.4 billion. The…
UK’s new bill recognises Bitcoin and other digital assets as personal property. Under the new law, crypto owners will enjoy greater legal protection. The UK parliament has introduced a new bill that clarifies digital assets ownership by recognizing Bitcoin and other crypto assets as personal property. The new draft law, the Property (Digital Assets etc)…
Ethereum price declined in the last 24 hours due to massive whale movements to centralized exchanges. A whale moved 80,000 ETH worth approximately $185 million from Arbitrum with similar movements in the same time frame. This led to a downward spiral for investor sentiment as users fear of larger dump spikes. Whales Transfer Huge Ethereum…