NFTs have gained considerable popularity in recent times, becoming an essential part of the blockchain ecosystem, with uses in blockchain gaming, collectibles, and digital art spaces. An NFT is a type of token or unique digital asset; each NFT has its own unique property or identity, making them unique and non-interchangeable. Each token’s unique attributes make them impossible to exchange, replace or create copies, making them scarce and giving them value. NFTs are...
Read More »Cross-Chain DeFi Protocol HARD Announces Version 2 Upgrade
[PRESS RELEASE] HARD Protocol, the cross-chain DeFi money market platform built on top of Kava, has announced its Version 2 upgrade enabling customers to earn up to 25% APY on various currencies, including bitcoin. Additionally, the updated version will also introduce different functions for financial institutions looking to take advantage of the growing decentralized finance space. HARD Protocol’s V2 Upgrade Announced The Kava blockchain, developed and released by Kava Labs,...
Read More »Goldman Sachs to Allow Bitcoin and Crypto Investment Option for Its Wealth Management Clients
Goldman Sachs has a minimum threshold of $25 million investment for individuals, families and endowments under its wealth management business offerings. This shows massive money is coming to Bitcoin and the overall crypto market. Wall Street banking giant Goldman Sachs is very much on the verge of offering Bitcoin and crypto investment options for its wealth management clients, says the latest CNBC report on Wednesday, March 31st. Mary Rich, the global head of digital assets for Goldman’s...
Read More »Altcoins To Watch: ORN, GRT, NEO
Cryptocurrency market on the last day of March thrilled some investors in the field as Bitcoin dropped nearly $2K in minutes, and all major coins suddenly turned red. Stepping into April I would like to suggest 3 altcoins to watch in April as they have some updates to share.The GraphStarting with GRT the token of the Graph – Google of the blockchain. The regular process of querying data on a blockchain would require an engine to search for the particular parcel of data in all blocks starting...
Read More »Uniswap V3 Concept of ‘Range Orders’ Overlaps with HipoSwap ‘Maker Pool’
While Uniswap has been claiming to bring “range orders” as a completely innovative concept, the fact is that it significantly overlaps with HipoSwap’s “Market Pool” feature launched six months back in September 2020.Last week, the Ethereum-based decentralized exchange (DEX) Uniswap announced its much-awaited Version 3 upgrade timeline. Version 3 will bring along some of the very interesting features of multiple fee tiers, aggregated liquidity, and range orders.However, the concept of “range...
Read More »Bitcoin (BTC) Price Sheds Over $2K in Few Minutes Liquidating Over $600M in Longs
Increased volatility in Bitcoin price in the past 24 hours has resulted in total liquidation of approximately $1 billion. Bitcoin (BTC) price experienced increased volatility in a short time frame that saw the asset drop from $59,700 to below $56 in a few minutes. Consequently, over $600 million was liquidated. Meanwhile, Bitcoin price has stabilized around $58k at the time of reporting.The sudden dip in Bitcoin (BTC) price carried with it almost the entire altcoin market as traders fled the...
Read More »NBA Top Shot Development Firm Dapper Labs Gets $305M in Funding
According to the CEO of Dapper Labs, Roham Gharegozlou, the NFT tokens give fans of the sport a new and “exciting way to connect with their favorite teams and players.”Dapper Labs, the developing team behind the popular NBA Top Shot just completed a funding round of around $305 million which was led by investment companies like Coatue and also included former NBA basketball player Michael Jordan and current ones like Kevin Durant, Alex Caruso, Klay Thompson, and Andre Iguodala plus a host of...
Read More »Amazon-Backed Deliveroo Makes London Market Debut with 30% Fall in Price
For now, retail investors will have to wait for the end of the conditional dealing on April 7 to be able to purchase Deliveroo shares in the London market.Deliveroo Holdings PLC, a food delivery service backed by Amazon.com Inc (NASDAQ: AMZN), went live under the ticker “Roo”. However, the Deliveroo debut was not all impressive as the shares underwent a 30% fall in price. Deliveroo has floated 384,615,384 shares in the market with each share going for £3.90 or $5.36. This means the offered...
Read More »$600 Million Liquidated as Bitcoin Price Drops $3000 in Minutes, Rejecting the $60K Resistance
Bitcoin went through a sudden crash in today’s European morning trading session, losing around $3,000 of its dollar value in less than an hour. As it’s almost always the case, this caused a serious wave of liquidations throughout the entire market, with over $600 million of leveraged positions wiped out. In the past hour, data shows that there are over $600 million liquidations – both long and short. The overwhelming majority of liquidations were long positions, accounting...
Read More »Tron (TRX) Price Analysis: Bulls Aim $0.08 or Higher
Tron price started a fresh increase from the $0.0540 support zone against the US Dollar. TRX price is now trading above the $0.0650 support and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $0.0670 on the 4-hours chart (data feed via Bitfinex). The pair is likely to accelerate higher if it clears the $0.0690 and $0.0700 resistance levels in the near term. TRON price is trading in a positive zone above...
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