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” JPMorgan places BTC fair price at $38K, declares crypto a preferred alternative asset “ JPMorgan has placed Bitcoin’s (BTC) fair price at $38,000, which is 28% higher than its current level of around $29,500, according to a note the bank issued to clients on Wednesday. “The past month’s crypto market correction looks more like…
” New survey sheds light on people’s concerns about investing in crypto “ While some people believe in the long-term potential of cryptocurrency, others are hesitant to put money in because of different concerns. A recent study conducted by Coupon Follow found out that the majority of people who haven’t invested in cryptocurrency cite worries…
” Billionaire Citadel Securities founder compares crypto value to abstract art “ Billionaire Citadel Securities founder Ken Griffin has compared cryptocurrency to abstract art, opining that the value of both is derived from the eye of the beholder. Griffin — who Forbes estimates to be worth around $26 billion — has made numerous anti-crypto comments…
” More than $1.6 billion exploited from DeFi so far in 2022 “ The decentralized finance (DeFi) space has been rife with hacks, exploits, and scams so far this year with over $1.6 billion in crypto stolen from users, surpassing the total amount stolen in 2020 and 2021 combined. Analysis from blockchain security firm CertiK…
” Altcoin Roundup: Three layer-1 protocols see inflows amid choppy, volatile market conditions “ Layer-1 (L1) protocols are the foundation of the decentralized application ecosystem, with the Ethereum network dominating the landscape in terms of the number of protocols launched on-chain and total value locked (TVL), followed by BNB Chain and Fantom. As the sideways…
“# The expanding Cosmos: Here’s why Osmosis (OSMO) hit a new all-time high ” Crypto assets within the Cosmos ecosystem have been on a run since the start of 2022, thanks to an intensified focus on brokering cross-chain compatibility with other blockchains. One decentralized finance (DeFi) protocol that has benefited from the current expansion plans…
“# 3 reasons why Convex Finance surged 215% in December to hit new all-time high ” The growth of the stablecoin sector within crypto has been one of the most impactful developments of 2021. In particular, stablecoins became integral to the expanding decentralized finance (DeFi) ecosystem as their total value eclipsed $162 billion, according to…
“# Bitcoin network settling an average of $95K for every $1 in fees ” The Bitcoin network’s value settlement efficiency has been improving steadily recently, with more being settled for lower fees. Over the past week, the Bitcoin network has transferred or settled an average of $95,142 of value for every $1 worth of fees….
“# Chainlink’s total value secured surpasses $75B as DeFi continues to surge ” The total value secured by the Chainlink network has officially surpassed $75 billion, marking a new milestone for the decentralized oracle solution that has become synonymous with price data services for the rapidly growing DeFi sector. With the milestone, Chainlink has become…
“# Bitcoin network tags record high for daily settlement volume ” The value settled on the Bitcoin network has been surging recently, reaching a new daily all-time high last week. Bitcoin’s daily settlement value hit an all-time high on Oct. 6, with $31 billion worth of transactions being settled on-chain using the Bitcoin network. The…