The growth in the price of Ethereum has also stirred a rub-off on the major Liquid Staking Derivatives Platform (LSD). Ethereum (ETH) has joined Bitcoin (BTC) to lead the rally in the digital currency ecosystem today as key stakeholders and investors are religiously awaiting the upcoming Shapella Upgrade. At the time of writing, Ethereum is changing hands at $1,913.45, up by 4.34% over the past 24 hours as the industry’s biggest smart contract platform sought to build on its 5.17% in...
Read More »OpenSea Unveils Next Gen NFT Aggregator Dubbed OpenSea Pro
The OpenSea Pro through Gem v2 will help digital art collectors discover the best deals in over 170 marketplaces. The Non-Fungible Tokens (NFTs) industry has grown to a $2.1 billion valued crypto sector with OpenSea playing a crucial role in global adoption. Founded in 2017, OpenSea has facilitated over $20 billion in NFT volume from over 2 million collections. Moreover, the NFT marketplace is backed by top industry investors including Andreessen Horowitz, Coinbase ventures, Trust Wallet,...
Read More »Tron (TRX) Price Analysis: Bulls Aim Important Bullish Break
Tron price started a fresh increase from the $0.058 level against the US Dollar. TRX price is now trading above $0.0632 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.0665 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0665 resistance zone. TRON price started a fresh increase above $0.0632 against the US Dollar, similar to Bitcoin. TRX’s price could rise...
Read More »Ethereum (ETH) Rallies to 8-Month High Just 8 Days to Long-Awaited Shanghai Upgrade
Cash flow from Bitcoin to the Ethereum market has significantly contributed to today’s price bump according to Lewis Harland, Decentral Park Capital’s portfolio manager. After consolidating for the past two weeks, the Ethereum (ETH) market has begun gaining traction over Bitcoin (BTC) during the early New York trading session on Tuesday. According to the latest crypto market data, Ethereum’s price rallied to a 24-hour high of around $1,886, up over 3 percent during the day. With over $30...
Read More »PancakeSwap DEX Launches Version 3 with Improved Performance & Lower Fees
The PancakeSwap DEX Version 3 also looks to introduce a “VIP” trading rewards program and a position manager feature down the stretch. PancakeSwap DEX has launched Version 3 on Ethereum and BNB Chain, offering improved performance and lower fees. According to reports, Version 3 introduces four different trading fee tiers of the cheapest on-chain trading fees among the decentralized exchange’s contemporaries. Notable counterparts, in this case, include Uniswap and SushiSwap. PancakeSwap’s...
Read More »401K Platform For Us All to Grant Customers Access to Crypto
For Us All – a 401K provider centered in San Francisco, California – is set to allow all its customers to use their 401K retirement funds to invest in digital assets like bitcoin, as well as several smaller altcoins. Overall, customers have the option of investing in as many as 28 separate crypto assets. For Us All to Give Customers Access to Crypto The choices will be available to For Us All customers through a specialized Coindesk Index, with Coindesk being a popular...
Read More »Arbitrum Foundation Offers Explanations to Alleviate FUD from ‘Unauthorized’ 50M ARB Token On-Chain Transfer
Ethereum Layer 2 governance platform Arbitrum Foundation has spoken out following the community FUD from its controversial ARB sale. The Arbitrum Foundation is taking heat for offloading 50 million ARB tokens on-chain without community consent. ARB’s value slumped 11% following the sale, with the Foundation explaining it utilized the proceeds in the DAO’s interest. The Foundation also revealed it loaned 40 million ARB from the total on-chain transfer to a financial markets player. In...
Read More »Over 40% of Singaporeans Own Crypto: Survey
43% of the 1,500 Singaporean respondents in a recent Independent Reserve survey said they own some amount of cryptocurrencies. In comparison, last year’s research estimated the figure to be around 40%, while the adoption levels were 43% in 2021 (during the bull run). 77% of the HODLers said they have two or more digital assets, with diversifying portfolios being the main reason behind the investment. The New Trends Following the Market’s Revival Apart from the surging crypto...
Read More »Memecoin Market Watch: Dogecoin Skyrockets 9%, Shiba Inu Up 5%
With the declining trading volumes during the weekend, bitcoin has stalled but remained north of $28,000. Most larger-cap altcoins are in a similar position, aside from Dogecoin and Shiba Inu. HBAR is also well in the green. BTC Settles Above $28K The massive volatility that bitcoin faced last week saw the asset dumping from over $28,000 to $26,500 in hours on Monday when the US CFTC went after Binance. However, that was just the start of the rollercoaster week that drove BTC...
Read More »Bitcoin Reclaims $28K, Closed its Third Best March in History (Weekend Watch)
Bitcoin bounced off in the last hours of March, reclaiming $28,000 and posting a 23% price increase for the third month of the year. Several altcoins are also well in the green, with ETH surging past $1,800, while SOL has returned to over $20. BTC Back Above $28K The primary cryptocurrency has been on a rollercoaster for the past several days. It dumped by $1,500 on Monday when the US CFTC sued Binance and Changpeng Zhao before the bulls intercepted the move and pushed the...
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