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Price analysis 1/24: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX

Bitcoin and most altcoins have fallen to key support levels, but the current trading setup suggests traders lack the confidence to chase after an oversold bounce.

Continue ReadingPrice analysis 1/24: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX

Fantom Surpasses Binance Smart Chain as the Third-Largest Defi Blockchain

The total value locked (TVL) in decentralized finance (defi) protocols has lost ​​6.8% during the last 24 hours as crypto markets have experienced more losses. However, the Fantom blockchain has…

Continue ReadingFantom Surpasses Binance Smart Chain as the Third-Largest Defi Blockchain

Value Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year

The value locked in decentralized finance (defi) has dropped 21.22% since January 4, 2022. At the time, the total value locked (TVL) in defi was $255.84 billion and today, the…

Continue ReadingValue Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year

Bitcoin Price Slips Below $36K, BTC Dominance Increases, Billions Leave Crypto Economy

The price of bitcoin tapped a new low this year hitting $34K per unit at just after 5 a.m. (EST) on Saturday morning. Bitcoin is now down over 48% lower…

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Price analysis 1/21: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE

Bitcoin and most major altcoins are close to breaking below critical support levels and traders’ reluctance to buy in the current range could exacerbate the sell-off.

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Most Defi Hacks in 2021 Had to Do With Centralization Issues, According to Certik

Certik, a blockchain security and auditing firm, has reported that the most common attack vector for hacks in decentralized finance (defi) protocols had to do with centralization in 2021. This…

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JPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues

A note from JPMorgan states that Ethereum might be at risk of losing defi dominance as a result of its inability to produce effective scaling solutions fast. The note, written…

Continue ReadingJPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues