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 […]