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Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark

The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has…

Continue ReadingCrypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark

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.

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

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.

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

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…

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