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“# Avalanche (AVAX) just hit a new ATH, but what’s really behind the price surge? ” On Sept.16 Avalanche (AVAX) price hit a new all-time high at $68.89 and over the last few months the project has risen to challenge the Ethereum (ETH) network’s dominance among smart contract platforms. According to the project’s website, the…
“# 3 reasons why REN price is up 340% from its July swing low ” Interoperability has become one of the driving themes within the crypto market and as the blockchain ecosystem evolves into an interconnected web of layer-one protocols, the importance of communication and efficiency among decentralized applications (dApps) will also increase. Ren (REN),…
“# Avalanche Foundation raise $230M to support DeFi ecosystem ” The Avalanche Foundation has announced an significant $230M investment from a venture capital group spearheaded by Polychain and Three Arrows Capital for the purpose of supporting the growth of the DeFi ecosystem and their ever-expanding list of applications utilizing the blockchain. Since launching in September 2020,…
“# Crypto and DeFi disintermediate banking in new ways, says OCC head ” On Wednesday, speaking at a meeting of the Exchequer Club — which is a group of senior economic and financial policy professionals headquartered in Washington, D.C. — Acting Comptroller of the Currency Michael Hsu delivered remarks on the topic of safeguarding trust in banking….
“# EU regulator sees crypto as sign of increased risk-taking in current climate ” The European Securities and Markets Authority (ESMA) has published its report on trends, risks and vulnerabilities in the EU markets during the first half of 2021 (1H21). Its takeaways included the argument that crypto markets’ extraordinary volatility and growth make a…
“# Hedera Hashgraph rallies 150% in a week as its ecosystem expands ” Real-world adoption and blockchain integration is the ultimate goal of any serious fintech protocol looking to offer workable solutions to some of the biggest challenges in finance and data transmission. Hedera Hashgraph, a public network that uses a distributed ledger technology known…
“# Vitalik Buterin makes list of Time magazine’s 100 most influential people in 2021 ” Time magazine has named Ethereum co-founder Vitalik Buterin one of the most influential people this year across those in entertainment, world leaders, activists, and others. Appearing in the list of Time’s innovators for 2021, Buterin is named alongside Nvidia CEO…
“# Frontier, Ren and Keep Network book 20% gains as Bitcoin claims $48K ” Bitcoin’s (BTC) rise back above the $48,000 mark was back by similar moves from altcoins and analysts expect the market-wide rally to continue if the top-ranked digital asset can take aim at the $50,000 resistance level. Top 7 coins with the…
“# 3 reasons why Elrond (EGLD) price is hitting new daily highs ” DeFi-focused protocols are seeing a sustained upward move and the the momentum appaers to be picking up pace now that the NFT sector has cooled off over the past two weeks. Since the beginning of August, Elrond (EGLD), a scalable and secure…
“# Governance proposals and layer-two launches provide a boost to altcoins ” Bullish sentiment is on the rise on Sept. 14 as the price of Bitcoin (BTC) climbed higher throughout the morning and now takes aim at the $47,000 level. The building momentum also had a positive effect on altcoins and a handful of tokens…