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Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations

It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the…

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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…

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Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125

In 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% over the last 30 days, and ethereum has risen 9.3% in…

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JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol

JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in…

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Crypto Price Analysis Feb-10: ETH, XRP, ADA, SOL, and LDO

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Lido. Ethereum (ETH) With the bullish momentum lost, Ethereum has entered a corrective phase, dropping by 5.9%…

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