Pro traders turn into bears after Ethereum price dropped to $3,200
Regulatory uncertainty, potential competition from tech giants and a market nearing exhaustion are all factors impacting ETH price.
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Traders predict $3,800 Ethereum, but multiple data points suggest otherwise
Is it time for a correction after ETH rallied 34% in two weeks? On-chain metrics and derivatives data say yes.
Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54%
As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range…
Optimism Raises $150 Million in Series B Funding Round Led by Paradigm and A16z
Optimism, an L2 (Layer 2) rollup solution for Ethereum, has raised $150 million in its Series B funding round coming from big companies in the venture capital (VC) scene. The…
Klaytn token down 15% in a month, but network’s TVL shows resilience
KLAY's market cap is roughly 70% below its all-time high, but the network's TVL and DApp data hint that the service-oriented blockchain might bounce from its lows.
Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance
Another decentralized finance (defi) protocol was breached this week after it was discovered that a hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance. According to a post mortem…
More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols
In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in…
Polygon’s focus on building L2 infrastructure outweighs MATIC’s 50% drop from ATH
MATIC price is still 50% below its all-time high, but the network’s TVL and DApp data hint that the layer-2 solution remains a serious contender.
Ethereum traders reduce their bullish bets as ETH struggles reclaim $3K
ETH price is stuck in a rut and these three metrics suggest the downtrend is nowhere near an end.
Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%
The crypto-economy has been sliding in value during the last 48 hours as the current market valuation for all 13,000+ crypto assets is $1.83 trillion. Furthermore, the total value locked…