Traders350

The NFT market is now gradually reviving from a long-time low as the trading volumes and user activity on most of the marketplaces are increasing. This revival can be attributed to the unbounded interest that has been elicited by gaming and metaverse projects within the NFT market. Currently, major decentralized derivative marketplace OpenSea recorded a […]

Several DeFi protocols have experienced new highs this week as the total value locked (TVL) in DeFi applications crossed the $100 billion mark on multiple blockchains. This substaintial increase comes as cross-chain solutions are enhancing, providing efficient traveling of value and engaging with subjects across different blockchains. DeFi has seen growing popularity during the second […]

As for Ethereum, staking interest has soared high with figures indicating that the total Ethereum staked is over thirty million. The move is part of Ethereum’s development as it makes further changes since its merger to the proof-of-stake model in September 2022. From this point of view, the intensification of staking is considered a positive […]

Elsewhere, Bitcoin, which is the largest cryptocurrency, scaled above $70000 on Thursday, the highest level it has hit in over 4 months since November last year. The rally comes at a time when spot Bitcoin exchange-traded funds ETFs are receiving huge investments from retail and institutional investors. Based on CryptoQuant data, the newly launched spot […]

The proposed regulatory solution will unite global policymakers for the first time in recognizing that the future of the cryptocurrency industry depends on its regulation. Specifically, on Friday, October 18, 2024, the given announcement will contribute to developing clearer and more stable rules within the rapidly growing crypto-sphere. The new proposed rule-making process, which has […]

As for the activities of projects, Solana – a high-performance blockchain network – is actively attracting developers and projects that are more deeply entrenching themselves in the crypto-sphere. The SOL token of Solana, at the end of Friday of, 18th October 2024, was priced at $107.50 after a marginal daily drop of 0.8%, but its […]

Ethereum, currently the second largest cryptocurrency by market capitalization, was able to cling to the $2,600 on Friday, October 18, 2024. Even though ETH recorded a few volatile rounds in the market, it calmed down at the $50 EMA level. The cryptocurrency is now relatively stable despite some improvements in network utilization, which can be […]

Different cryptocurrencies showed mixed results on Friday, October 18, 2024, with Bitcoin hitting $68,000 before pulling back slightly to around $67,700. The global crypto market capitalization got slightly to $2.33 trillion, and trade volumes were down over 6% at $75.89 billion. The largest cryptocurrency, bitcoin, received $ 470.48 million in inflows to Bitcoin ETFs as […]

The DeFi industry is proving to be highly effective during the recent bearish market trend, as its fundamental performance parameters continue to remain stable, and increase even further amid the growth of the cryptocurrency market. It also demonstrates the continued development of DeFi solutions for refining the financial industry and introducing new equity options. A […]

As global authorities circle their wagons in attempts to regulate the fast-growing and emerging cryptocurrency market, the sector is on the precipice of a new round of crackdown. These changes in the approach toward regulating cryptocurrencies occur as the crypto market is actively blending into the world’s financial systems and prompting governments to transform their […]