Bitcoin price is back at local highs, but still struggling to set a new record beyond $61,800. The lack of a further push by bulls even with positive news out of PayPal, has caused one iconic trader to warn of the possibility of a topping pattern forming. The theory is based on a set of…
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After high demand from its customers, banking giant Goldman Sachs has made a 180-degree turn on its position towards Bitcoin. In the second quarter of this year, it will offer its wealthiest customers access to the cryptocurrency. In March last year, the banking institution denied that BTC is an asset class. Now, Global Head of…
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This week, Binance and EasyFi revealed that high-yield staking through the EASY token would be enabled, with full integration soon to follow within the Binance Smart Chain. Here’s everything you need to know about the attractive program that offers a staggering up to 40.56% APY and how Binance users can now gain access to this…
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Bitcoin is often slammed over its high electricity consumption. Critics argue this is wasteful and unsustainable in the long term. However, in an unusual twist to the environmental debate, it turns out that fracking companies are utilizing waste gas to power Bitcoin mining rigs. Bitcoin Mops up Waste Gas The shale industry is in a…
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PARSIQ, an enterprise blockchain solutions provider has stepped into the DeFi space by announcing its IQ Protocol launch. Currently, on an Ethereum-based testnet, IQ Protocol is a DeFi solution for the SaaS market that tokenizes subscriptions and creates a circular economy, complete with staking, lending, and borrowing features. The launch of IQ Protocol enables PARSIQ…
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Bitcoin underwent a mini flash crash on Wednesday as its price fell from $59,400 to nearly $57,000 in just five minutes of trading. Analysts blamed overleveraged long positions for the downside move, with the plunge liquidating about $600 million worth of extended bullish contracts across major futures exchanges. The wipeout followed up with a short…
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Best known for playing Captain James T. Kirk in the iconic Star Trek franchise, William Shatner is selling signed and authenticated NFTs. In conjunction with Mattereum, Shatner is auctioning real-world asset non-fungible tokens (rwaNFTs) via the OpenSea marketplace. Who wants the first real world cigar on the blockchain? Or Denny Crane prop Business card? @justinsuntron?…
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Ethereum prices dropped on Wednesday as traders decided to secure their short-term profits at the cryptocurrency’s sessional high. The second-largest blockchain asset plunged by up to 4.92 percent to its mid-March support level of $1,771. Its move downhill appeared mostly due to its strong positive correlation with Bitcoin, the world’s leading cryptocurrency by market cap.…
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Blockchain and DeFi protocols are only as strong as their weakest link With today’s ever-growing blockchain landscape, token economies are bigger and more active than ever. When it comes to DeFi (decentralized finance) in particular, there is nearly $44 billion locked in decentralized finance protocols, with users around the globe forming part of various innovative…
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HARD Protocol Version 2 introduces significant changes and enhancements to the HARD cross-chain money market. Catering to the needs of institutional players will take DeFi to the next level of mainstream adoption. HARD Protocol is a decentralized money market built on the Kava platform and enables lending and borrowing of cross-chain assets. In the Version…
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