[ad_1] The massive selloff on June 17 caused $455 million in liquidations across assets. The effects of the selloff were felt beyond just the altcoin market, with Bitcoin and Ethereum both seeing notable losses in the past 24 hours. The impact on the DeFi market was particularly pronounced, with the TVL dropping from $104.123 billion […]
[ad_1] Morpho is the first Layer 2 protocol to launch on Coinbase’s Base. Morpho has introduced MetaMorpho Vaults and Morpho Markets on Base, boosting yield and borrowing options. Morpho’s CEO, Paul Frambot, has shifted his stance on Base deployment seeing it as pivotal for Morpho’s growth in DeFi. Morpho, a decentralized finance (DeFi) lending and […]
[ad_1] Publically traded Bitcoin mining companies in the US briefly reached a combined market cap of $22.8 billion on June 15 amid a surge in their stock price during June. According to a recent analysis by JP Morgan, the growth is driven by an increase in network hashrate share and diversification into artificial intelligence (AI) […]
[ad_1] Retail investors are currently displaying notable caution toward the crypto market. This behavior contrasts with past cycles when their involvement significantly influenced market trends. Understanding the reasons behind this hesitance is crucial for predicting future market movements. Retail Investors Are Not Here Yet Retail investors are showing reluctance to engage with the crypto market, […]
[ad_1] Future $FU Money Token Distribution Fractional Uprising Studios also provided a plan for the remaining $FU Money tokens. After this week’s airdrop, 30% of the tokens will be allocated as community rewards over the next ten years, 20% will be reserved for the development team with a six-month vesting period, 5% will go to […]
[ad_1] TL;DR Drake suffered a substantial crypto loss after betting on the Dallas Mavericks to win the NBA finals. Additionally, he placed another $500,000 BTC bet on the Edmonton Oilers to win the NHL Stanley Cup Finals, continuing his risky wagering streak. Not Picking the Right Horse The popular Canadian rapper and actor Aubrey Drake […]
[ad_1] Michaël van de Poppe, a prominent technical analyst, urges investors to hold onto their altcoins despite the current sell-off. Since May 2024, van de Poppe has been fully invested in altcoins. He acknowledges that this strategy is risky, given the cryptocurrency market’s volatility. HODL Your Altcoin Positions Despite Sell-Off In his recent analysis, van […]
[ad_1] Doodles has announced plans to migrate its avatar customization platform ‘Stoodio’ from the Flow blockchain to Ethereum’s layer-2 scaling network, Base. Stoodio will make the transition to Base, while Doodles’ original PFP collection will remain on Ethereum. The transition is scheduled for mid-July and aims to take advantage of Base’s faster and more cost-effective […]
[ad_1] Denver, United States, June 18th, 2024, Chainwire Renzo, the Liquid Restaking Protocol, today announced $17M in funding. As of today, nearly $4B is already restaked with Renzo. The funding, which took place across two rounds, was first led by Galaxy Ventures and the second round led by the Nova Fund – BH Digital (based […]
[ad_1] Binance Coin (BNB) climbed to an all-time high of $720.67 on June 6. As selling pressure intensified, the coin’s price declined and has since trended within a descending triangle. As of this writing, BNB is trading at $592.71, having lost 18% of its value since June 6. Binance Coin Loses the Support of the Bulls […]
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