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Ethereum on-chain data suggests ETH sell pressure could be a non-event after the Shanghai upgrade

A recent Binance report details the status of Ether staking and explores why the Shanghai upgrade may not result in the ETH sell pressure some traders have predicted.

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SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price

Traders are pivoting into decentralized solutions like GMX, LDO and MKR as the U.S. Securities and Exchange Commission cracks down on the crypto industry.

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SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool

Kraken has put an end to staking as a service and Coinbse could eventually be forced to follow suit. Will this create opportunities for LDO, FXS and RPL?

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Avalanche (AVAX) price is up, but do fundamentals support the rally?

AVAX price has been in a strong rally since the start of 2023, but a sustained uptick in its DeFi components is needed in order to sustain the current bullish…

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Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem

Positive signs of Bitcoin's recovery can be seen in on-chain, spot exchange and futures data.

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Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries

Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.

Continue ReadingBinance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries