Lloyd Blankfein questioned why crypto was not experiencing higher inflows. The price of international oil benchmark Brent crude rose 18 percent. On March 7, the price of Bitcoin (BTC) remained close to its one-week lows as investors sought to protect their assets. BTC is now trading at roughly $38,700 after
Meme-based cryptocurrencies or meme coins started as parodies, and now, they are quickly going mainstream. As more influential people like Elon Musk publicly discuss these projects, their popularity will continue to rise. Dogecoin was the first meme coin project, but its success has spurred a slew of mimics like Shiba
Short-term and long-term holders have a wider disparity in this catastrophe. DeFi ‘Godfather’ Andre Cronje has quit the crypto sector. During the last few days, the value of Bitcoin has fallen sharply, virtually undoing the gains made in the previous week. Over the last four days alone, it lost $6.5K.
Andre Cronje has erased any references to DeFi projects on LinkedIn. At $2,514.25, Ethereum (ETH) fell 5.59 percent in the last 24 hours. It has been announced that decentralized finance (DeFi) project creator Andre Cronje would stop working on them and plans to quit the crypto sector. Due to this
Investors’ behavior and network statistics are now disappointing. ALGO did not see a surge in value in November instead of remaining stable. In most cases, the upward price movement of a cryptocurrency is the primary reason for its success in the market. According to this storyline, Algorand has resisted it.
The blocking of SWIFT for Russians, has also boosted Bitcoin activity in the country. Ethereum has gained 1.65% in the previous 24 hours. After a long string of losses, the global crypto market has reversed direction. Consequently, there was an increase in uncertainty and a subsequent decrease in its value.
Solana’s decentralized application (Dapp) deposits have fallen by half. Solana Ventures teamed up with FTX and Lightspeed Ventures. So far, the overall market value of cryptocurrencies has plummeted by 21% to $1.78 trillion, a bad start for 2022. The year-to-date decline in Solana’s (SOL) stock price is a staggering 48.5%.
The price may come back to $41,221 at 1.6 FIB levels after the bounce. The recent upswings of the BTC price may be a trap for the bulls. The cryptocurrency market is very volatile, with price fluctuations occurring regularly. Even though the bitcoin price had already passed the $45,000 mark,
The exchange is the second-largest in the world by daily trading volume. Tom Brady has invested in Autograph and FTX. Cryptocurrency exchange OKX is the latest sector to enter the sports scene, offering both spot and futures trading. The agreement covers the men’s, women’s, and esports teams of Premier League
For the time being, the LUNA bulls cannot break through an overhead barrier. RUNE has gained nearly 51% in the last week. Let us look at the top 3 DeFi gainers of the week. THORChain (RUNE) The native RUNE coin of the THORChain cross-chain decentralized exchange has gained 51% in
