United Arab Emirates (UAE) country has again impressed a well-known crypto market person. Coinbase’s CEO, Brian Armstrong, made a positive remark about the nation’s crypto growth potential. Something Big is coming 🚀🚀🚀#Coinbase in Dubai ❤️😀 https://t.co/qtaFWMzgpU — Rohit M (@rohitcryptogeek) May 8, 2023 In his tweet, Brian mentions the UAE
PEPE and other Memecoins trading activity is putting deflationary pressure on ETH. According to ultrasound.money, over 60K ETH has been net burned since the Merge, representing a 2,62% annual supply reduction ceteris paribus,”holding other things constant,” or “all else being equal.” Uniswap, the largest decentralized exchange on the Ethereum network, accounts
Cryptocurrencies have become increasingly popular in recent years, with investors looking for the next big thing. While many are drawn to high-risk, high-reward tokens, others are looking for low-risk, high-reward options. In this article, we will discuss three low-risk, high-reward tokens to consider for 2023: Ethereum (ETH), Shiba Inu (SHIB),
The European blockchain sector is preparing to make a last push to avert rules that would kill the smart contracts underlying the decentralized finance (DeFi) protocols that European authorities have been striving to introduce. Moreover, negotiations on the European Data Act, which aim to control data transferred between smart devices
On May 8, Binance, the world’s biggest cryptocurrency exchange, paused bitcoin withdrawals for several hours, attributing the delay to high volumes and a spike in processing fees, before eventually processing them at a higher cost. Over Sunday night and Monday morning, the largest crypto exchange in the world suspended bitcoin
The second-largest cryptocurrency, Ethereum (ETH), regained popularity. One potential driver for ETH’s rebound is its appeal as a “deflationary asset.” This trend is on the back of growing on-chain activity, led primarily by DEXes, NFT platforms, and stablecoins. Due to a spike in on-chain activity on protocols such as Uniswap,
The week starts with a red note for the cryptocurrency market. Every asset listed in the crypto sphere is showing a red movement in its price as well as a market capitalization graph. Pioneers in the trade, Bitcoin (BTC) and Ethereum (ETH) are 2.45% and 1.86% down in the last
Shiba Inu (SHIB), the second largest memecoin, witnessed a surge in volume as large buyers took center stage, outpacing the selling pressure. In the past week, bulls marked an extraordinary milestone, with the volume of purchases by influential investors surpassing a staggering 10.25 trillion SHIB. On the contrary, the sales
On Saturday, May 6, 2023, the total TVL across all DeFi platforms was $49.31 billion, with Lido Finance in the lead with a 24.82% stake, or $12.24 billion. Since last month, Lido’s TVL has increased by 9%, with a modest weekly growth of 2.42%. MakerDAO, Aave, Curve Finance, and Uniswap
Celsius Network, a cryptocurrency lending platform, has announced that certain customers will soon be able to recover their whole initial investments. Even though it has been almost a year since the company temporarily halted withdrawals. Users of Celsius who have only ever had their funds in custodial accounts were previously
