Binance CEO CZ responds as data points to billions in exchange outflows
Data analytics platforms have reported billions of dollars in outflows from Binance over the last week, but this can be misinterpreted, argues Changpeng Zhao.
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3 reasons why Ethereum price could struggle at the $1.9K level
The ETH price could come under short-term pressure due to a downtrend in deposits, reduced DEX volume market share and futures data showing traders with a bearish bias.
Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks
In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with…
Defi Market Holds Steady at $49.31 Billion TVL, Lido Finance Leads the Pack With 24.82% Share
Since April 18, 2023, the total value locked (TVL) in decentralized finance (defi) has been fluctuating just below the $50 billion threshold. As of today, the TVL amounts to $49.31…
Ether price holds $1,820, but pro traders are skeptical about further gains
Ether traders have been neutral-to-bearish for the past week, indicating little confidence in ETH breaking above $2,000.
Ether price struggles to maintain support as regulatory challenges and network issues weigh
Ether options volume hints at bearish sentiment as the $1,850 support falters.
Value Locked in Defi Descends Below $50B Range 9 Days After 2023 High
The total value locked in decentralized finance (defi) has descended below the $50 billion range after reaching a 2023 high of $53.63 billion on April 14. This shift has been…
Lido overtakes MakerDAO and now has the highest TVL in DeFi
A Nansen in December noted that Ether staking solutions had been in high demand since Ethereum’s shift to proof-of-stake.
Defi More Scalable Than Traditional Finance, New Study Says
Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has…
Solana TVL drops 32.4% as FTX turmoil rocks ecosystem
Cryptocurrencies understood to have exposure to Sam Bankman-Fried, FTX, and Alameda Research appear to have been impacted the most.