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“# 3 reasons why Enjin (ENJ) price has rallied 800% over the last month ” Nonfungible tokens (NFTs) have taken the world by storm as stories of record-breaking digital art sales now regularly appear on mainstream news outlets and popular culture. One project that has been well-positioned for years to capitalize on this growing trend…
“# WINk (WIN) soars as retail DeFi investors flee high Etheruem gas costs ” Decentralized finance has exploded in popularity over the past year and many analysts have pointed to the 2020 ‘summer of DeFi’ as the primary catalyst for the rallies seen in Ether (ETH) and Bitcoin (BTC). In the beginning, investors were able to…
“# Recur raises $5 million for perpetual cross-platform NFT royalties ” Can a new non-fungible token (NFT) platform finally solve the problem of ecosystem-wide royalties? NFT platform Recur announced on Thursday a $5 million seed round led by the DeFi Alliance, Delphi Digital, Ethereum co-founder Joe Lubin, and Gemini, among others. The raise claims a…
“# Liquidity mining is booming — Will it last, or will it bust? ” By the end of 2018, many crypto skeptics had their “I told you so” moment, as many initial coin offerings, or ICOs, failed to deliver on their promises. Between 2017 and 2018, 3,250 projects were launched via ICO and $21.4 billion…
“# Price analysis 3/26: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK ” Glassnode data shows Bitcoin (BTC) exchange reserves on Coinbase have dropped by about $8 billion. This indicates that institutional investors are locking away their purchases in cold storage for the long term instead of booking profits. HODLing by institutions is…
“# Pro traders close Ethereum longs even after today’s $1.15B options expiry ” Ether (ETH) rebounded from a $1,550 low on March 24, which marked a 17% fall from the $1,870 weekly high. Even though the $1.15 billion options expiry in the early hours of March 26 could have pressured Ether price, the continuing surge…
“# SushiSwap launches V1 of long-awaited Kashi release ” Decentralized exchange SushiSwap has announced the “rolling release” of Kashi, a specialized lending platform specifically designed for margin trading on the exchange, and BentoBox, a dual-purpose yield vault. Kashi lets traders borrow assets for creating leveraged long and short positions, similarly to other lending platforms like…
“# 99.98% less power: Lighthouse’s first Ethereum and Eth2 merge transaction ” Blockchain security provider Sigma Prime has announced its first merge transaction between the two Ethereum networks. The transaction was made by its Lighthouse client using only Proof of Stake validators, it stated in a March 25 tweet. It added that this was a…
“# $51K Bitcoin price not a problem as ‘structurally, nothing has changed’ ” On March 25, concerns surrounding the record-breaking $6.1 billion (BTC) options expiry this Friday sparked an overnight sell-off that dropped Bitcoin price to $50,400. The downturn was not a surprise for many traders and some called for a possible test of the $47,000…
“# Staked ETH Trust opens Ethereum staking to accredited investors ” Staked, a blockchain infrastructure company and investment manager, is providing institutional investors with a new vehicle in which to invest in Ether (ETH) and earn staking rewards on the Ethereum 2.0 Beacon Chain. The Staked ETH Trust is now accepting private placement to accredited…