Auto Added by WPeMatico

Solana’s Phantom Raises $109 Million in a Series B Fundraise Obtaining Unicorn Status

On Monday, the team behind the Solana Web3 wallet platform Phantom announced it had raised $109 million in a Series B fundraise. The crypto company is now a Unicorn with…

Continue ReadingSolana’s Phantom Raises $109 Million in a Series B Fundraise Obtaining Unicorn Status

Bottom ahead? Solana paints its first ‘death cross’ as SOL losses 50% in January

Recently, death crosses between the 50-day and 200-day exponential moving averages have acted as a reliable predictors of bottoms.

Continue ReadingBottom ahead? Solana paints its first ‘death cross’ as SOL losses 50% in January

Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%

On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 32.66% of the $1.8 trillion crypto economy. Meanwhile, the total-value locked (TVL)…

Continue ReadingValue Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%

Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout

Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over…

Continue ReadingWeekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout