CoinspeakerSynthetix’s sUSD Stablecoin Loses Its Dollar Peg amid Heavy Sell-Off The depeg situation of Synthetix's sUSD has once again highlighted the vulnerabilities within DeFi systems and the impacts of liquidity shifts. Synthetix’s sUSD Stablecoin Loses Its Dollar Peg amid Heavy Sell-Off
Read More »Fantom Blockchain Soars with Sonic Upgrade and TVL Surge
CoinspeakerFantom Blockchain Soars with Sonic Upgrade and TVL Surge The recent strong performance being demonstrated by FTM token is an indicator that Fantom’s strategic initiatives may be beginning to bear fruit. Fantom Blockchain Soars with Sonic Upgrade and TVL Surge
Read More »Blast Network Unveils June 26 for Highly Anticipated BLAST Token Airdrop
CoinspeakerBlast Network Unveils June 26 for Highly Anticipated BLAST Token Airdrop During the airdrop, half of the token will be given to the developers through Blast Gold, while the other half will be shared with early users Blast Network Unveils June 26 for Highly Anticipated BLAST Token Airdrop
Read More »PancakeSwap Woos Uniswap Users with Generous Interface Fees Offer
CoinspeakerPancakeSwap Woos Uniswap Users with Generous Interface Fees Offer Interface fees on Uniswap are the charges incurred by traders when executing token swaps using the protocol's wallet interface and web app. PancakeSwap Woos Uniswap Users with Generous Interface Fees Offer
Read More »Bybit Returns 2% to Bybit Card Users via Cashback Campaign
CoinspeakerBybit Returns 2% to Bybit Card Users via Cashback Campaign Bybit has announced a 2% cashback in USDT for all users, who spend crypto or fiat using the exchange's Bybit card. Bybit Returns 2% to Bybit Card Users via Cashback Campaign
Read More »NFT Market Plunge: Understanding Factors behind 95% Asset Devaluation
CoinspeakerNFT Market Plunge: Understanding Factors behind 95% Asset Devaluation The data revealed by Statista suggests that the average revenue per user in the NFT market in 2024 is over $162. This statistic is particularly surprising for many who ever thought that NFTs may no longer be a thing. NFT Market Plunge: Understanding Factors behind 95% Asset Devaluation
Read More »India’s SEBI Reportedly Considers Oversight for Crypto Trading
CoinspeakerIndia’s SEBI Reportedly Considers Oversight for Crypto Trading In contrast to SEBI's standing on crypto, the RBI is taking a more cautionary approach towards the emerging economy. India’s SEBI Reportedly Considers Oversight for Crypto Trading
Read More »AI Cryptos Near Protocol and Render Leads Market Recovery, DTX Exchange Poised To Dominate With Its Automated Hybrid TradFi Platform
In the tumultuous cryptocurrency market, the recent market recovery has been nothing short of remarkable, with standout performances from altcoins like NEAR Protocol (NEAR) and Render (RNDR) leading the charge. NEAR, currently priced at $7.15 with a 6.15% drop over the past week, boasts a market cap of $7.6 billion. On the other hand, RNDR, priced at $10.27, experienced a 3.8% drop over the same period, resulting in a market cap of $3.9 billion, marking a 7.7%...
Read More »Bitcoin Dominance Suppresses Altcoin Gains: Will AI Ignite a Rally?
AI and big data crypto projects and tokens are suffering losses, reflecting a market lacking a clear direction. As a result, the broader altcoin sector is in turmoil as traders eagerly await signals from Bitcoin. A new analysis suggests that the dominance of the world’s largest cryptocurrency is increasing, which is holding back altcoin profits. A decrease in its dominance may come as a huge relief for the alts. Altcoin Rally Ahead? Glassnode founders ‘Negentropic’ observed...
Read More »Cardano Just Lost Top Project to Base L2: Details
CoinspeakerCardano Just Lost Top Project to Base L2: Details The Ape Society's decision to bridge to Base is centered around Social Finance popularly referred to as SocialFi. Cardano Just Lost Top Project to Base L2: Details
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