Market participants are eagerly waiting for a bullish or bearish breakout for BTC. Interest shown by TradFi giants was responsible for the last big rally.
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By effectively controlling the supply and demand dynamics of stablecoin DAI, MakerDAO has attracted users back towards its fold.
Litecoin saw a significant jump in transaction volumes as compared to the last halving event in 2019, indicative of greater demand.
Since the start of 2023, Ethereum’s liquid supply has progressively reduced, marking a decisive shift towards HODLing and staking.
In contrast to earlier depegs, USDT’s market cap didn’t experience a significant decline after it slipped below $1 in the past week.
The percentage of crypto-margined Bitcoin futures contracts fell from 70% during the historic 2021 bull market, to just 23% as of 10 August.
Binance showed its commitment to the DeFi landscape as its venture capital arm invested a significant chunk of capital into the CRV token.
While bigger crypto players like Coinbase have stayed firm and pursued legal action, some of the smaller entities are toeing the SEC’s line.
Addresses holding a positive number of ETH coins surged past 104 million, marking a robust growth trajectory since Ethereum’s launch in 2015.
With the formal launch of Base, Coinbase became the first publicly listed company to operate its own blockchain.
Polygon’s market froze during the harsh NFT winter. However, few encouraging signs emerged, suggesting that the adversity may not last long.
The total ETH locked on the Ethereum chain clocked a fresh all-time high of 27.03 million, representing a 40% jump since Shapella. While ETH staking has clearly grown in popularity over the years, it has, ironically, reduced the staking yields.