Markets

DeFi total locked value has hit a record high, reaching nearly $80 billion. Though Ethereum-based protocols continue to lead the market, notable performance has been shown by their main rival – Binance Smart Chain.According to data from DeFi Llama, the total amount locked in DeFi is at a record $79 billion. This amount is well above the total market cap of nearly all cryptocurrencies with the exception of the top two digital assets. The Ethereum network still holds roughly half of this. Defi...

The banking sector came under severe pressure as US-based Archegos Capital had to liquidate $20 billion worth of stocks owing to some of the over-leveraged positions. On Monday, March 29, the Dow Jones Industrial Average (INDEXDJX: .DJI) ended the trading day 100 points higher. Interestingly, Dow Jones (DJIA) changed its trading movement after registering 160 points loss earlier that day.The overall stock market was under pressure earlier on Monday amid the downdraft from Friday’s margin...

Jacky Lee, the Chief Executive Officer of Tranglo, said that the partnership with Ripple Labs will go a long way to ensure that accessible and equitable financial services are delivered. Ripple Labs is still making active development across its services with the latest report mentioning another large move in the Asian market. According to the announcement, Ripple Labs has acquired a 40% stake in Tranglo Sdn. Bhd., one of the biggest cross-border payment services in Asia.Tranglo specializes in...

ADA price struggled to clear the $1.285 resistance and corrected lower against the US Dollar. The price is still above the $1.160 support and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.200 on the 4-hours chart (data feed via Bitfinex). The price could either rally above $1.200 or it might break $1.160 for a fresh decline. Cardano price is trading near a key juncture below $1.200 against the US Dollar, while...

Ethereum price started a fresh increase above the $1,725 resistance against the US Dollar. ETH price is currently trading well above $1,700 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1,705 on the 4-hours chart (data feed from Coinbase). The pair could dip in the short-term, but the bulls are likely to remain active near $1,725. Ethereum price is now approaching the $1,850 resistance against the US...

Silvergate Capital Corporation is joining hands with Coinbase Custody – a division of the popular American cryptocurrency trading platform – to provide crypto loan services to its growing list of eligible customers. Coinbase Custody Is Paired with SEN Leverage Coinbase will largely be tasked with overseeing capital through Silvergate’s division SEN Leverage, which provides U.S. dollar loans that are “collateralized” by bitcoin. In other words, while the loans are...

Bitcoin has always been marred by its volatility, and according to technical analyst Ari Wald of Oppenheimer, this isn’t going to stop anytime soon. Ari Wald Doesn’t Think BTC’s Volatility Will End Bitcoin is the world’s largest and most popular cryptocurrency by market cap. The asset was first introduced to the public about 12 years ago and has, to be fair, come a long way since then, but it’s certainly had its share of problems – problems that have ultimately prevented...

KickPad launched a few days ago and has taken the BSC market by storm. They have trended on Coinmarketcap, Coingecko, and reached a peak volume of over $60,000,000. Additionally, they have partnered with notable projects, advisors & investors such as DuckDAO, AU21, Orion Protocol, Garlam Won, and Momentum 6. How has KickPad managed to do all this in such a short timeframe? The answer might lie in their vision: KickPad aims to get investors one step closer to a better...

Popular leading cryptocurrency exchange Coinbase is getting some guff from the Commodity Futures Trading Commission (CFTC) in the form of a $6.5 million penalty. Coinbase Is Forced to Pay a Fine The trading platform is being accused of providing misleading accounting information to the organization and for inflating trading figures. In addition, a former employee that no longer works with Coinbase is being accused of a tactic called wash trading, so what does all this...

Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements.The cryptocurrency market is currently trading in the green as bullish sentiments are stirring industry-wide price gains beings led by Bitcoin (BTC). Per a deep observation of the market, the rejuvenation was spiked in the early hours of the morning as Bitcoin specifically carried over some losses from the past weekend’s trading activity.A number of...