Trust Wallet Token (TWT) has been on a rampage over the past month as it surges by a whopping 55% to reach as high as $0.55 today. The cryptocurrency rebounded from support at $0.26 earlier in July and began a bullish leg higher, allowing it to take out of the July highs and climb beyond the 100-day EMA level.
New York, United States, 10th August, 2021, BENQI, an algorithmic liquidity market protocol, and the Avalanche Foundation are collaborating on a joint liquidity mining program to celebrate the launch of the BENQI protocol on the 19th of August and the next phase of growth within Avalanche’s DeFi ecosystem. $3M of AVAX will be allocated as…
In the history of every successful startup, there comes a ‘defining’ moment – a moment when the vision of its founders clashes with the impossible and, against all odds, triumphs by becoming a reality. ADAX, a decentralized exchange (DEX) within the Cardano ecosystem, has just experienced that moment.
With the conclusion of ProBit Global’s commemorative MATIC Exclusive, the listing platform has opted to maintain its DeFi-centric theme with a newly launched ProBit Exclusive starting August 10 featuring 50% off AAVE, the top lending protocol across DeFi.
Judging by the market data analyzed by the Ecoinometrics research team, gold is severely underperforming, despite the negative real yields which should in theory push the value of the precious metal upwards considerably. While the inflation rates continue to increase on the tailwind of massive Covid-19 relief-related economic stimulus programs, the price of gold hasn’t increased by as much as one would expect.
The cryptocurrency market ended Week 31 with a total market capitalization of $1.80 trillion and the sector is now eying to reclaim the $2 trillion valuation. Bitcoin, the world’s largest cryptocurrency is up by more than 15% in the last 7 days and is trading above $45,000 for the first time after May 18. Ether on the other hand is successfully riding the wave caused by the London hardfork, which introduced a fee burning mechanism, resulting in ETH growing by more than 20% in the last 7 days. However, we have eyes on three different altcoins this week. Without a doubt, altcoins are a riskier investment than top tier coins, but the greater risk is compensated by higher potential returns on investment.
Phoenix Finance (PHX) is set to relaunch its protocols on Polygon, Binance Smart Chain, and Wanchain.
DeFi protocol Phoenix Finance (PHX), previously known as FinNexus has revealed that it is set to relaunch its protocols on Polygon, Binance Smart Chain, and Wanchain. This means it will expand its offerings to three of the most used and scalable blockchain platforms out there.
Los Angeles, CA, 8th August, 2021, Ethernity, the groundbreaking crypto based marketplace and platform for digital collectibles and non-fungible tokens (NFTs), today announced the details of the “Drop #15: Alex Ovechkin” authenticated NFT collection. The Alex Ovechkin collection was designed in collaboration with popular digital artists Impossible Brief showcasing the major accomplishments, signature gear, and…
After a prolonged retraction from April’s all-time highs, the cryptocurrency sector seemed to have cooled off and lost its momentum. This week, however, the bulls were running amok as the market saw huge gains by Bitcoin and Ethereum. Read along for a quick recap of this week’s market action.