How Polygon (MATIC) Benefits from Terra’s $30B DeFi Loss

Terra’s recent collapse forced it to eliminate several applications. For instance, the blockchains hat to remove Anchor, which was the chain’s leading DeFi network at some point. Meanwhile, the protocol is worth pretty nothing for now. As these protocols proved valuable use cases, different chains, including Polygon, are chasing the platforms like vultures. Polygon Eyes … Read more

Crypto Exchange KuCoin Raises $150M To Launch DeFi Products This Year

KuCoin, a worldwide crypto exchange, targets to move beyond the services dealing with centralized trading and be directed toward Web3 with the latest funding supported by companies including Circle Ventures. On 10th May, the funding round was conducted by KuCoin, taking the valuation of the firm to $10B. The respective funding round chiefly focuses to … Read more

Bitcoin (BTC) Stays Beneath $30K amid Regulatory Concerns

The broad market and Bitcoin see early pressure with increased regulatory scrutiny threatening market players’ appetite following roller-coaster events over the past week. Sunday sessions saw BTC on a 3rd successive day of gains, ending the week with an 8% loss. Bitcoin witnessed a 7th sequential week of red. While the space recovered from the … Read more

Dogecoin, Chainlink, FTX Token Price Analysis – May 10, 2022

Top cryptos, Bitcoin and Ethereum, failed to regain vital levels following colossal liquidations. While writing this content, BTC changed hands beyond $31K, while Ethereum trades near the $2.4K level. For now, the crypto market attempts recoveries from the latest bloodbath. The ongoing bearishness had alts such as DOGE, LINK, and FTT gravitating toward yearly/monthly lows … Read more

Avalanche, Near Protocol, Polkadot Price Analysis – April 20

Bitcoin traded sideways over the past day after meeting the $41.5K resistance. BTC’s swift climb past $40K had the altcoin market assuming a bullish picture. Meanwhile, Avalanche encountered massive resistance in the $82 region, whereas NEAR and Polkadot presented short-term buying opportunities. Avalanche (AVAX) Avalanche trades inside the $65.5 – $98.8 range. The range’s mid-point … Read more

A Top Ethereum Staking Pool Plans Further Decentralization Of Its Platform

One of the Ethereum staking pools, Lido, has announced that it would lower the requirements to become a validator on its platform. Thus, enhancing the decentralization of their platform. Based on the new requirements, anyone can become a Lido validator regardless of the amount of Ethereum they have staked. Furthermore, it would enhance governance on … Read more

What Next for Cosmos (ATOM) – 7 April Price Forecast

ATOM price exhibited massive bearish bias within the past couple of days. Cosmos ecosystem performed well, thanks to LUNA’s DeFi projects. Gravity DEX airdrop would be the next catalyst. Cosmos (ATOM/USD) has experienced massive bearishness over the past couple of days as investors remained worried about stock and cryptocurrencies. The altcoin declined to $26.03, its … Read more

Loopring (LRC) Awaits Explosive Surge after Flipping Crucial Resistance

Loopring price highlights signals of an upcoming bullish rally after the alt flipped resistance barrier at $1.17 into the support floor. The latest move clears the path for an exponential uptick towards $2 for LRC. A daily candlestick close under $1.03 will annul Loopring bullish thesis. Loopring price formed a steady bottom after its downtrends … Read more

Decentralized Exchange Sushi Has Finally Launched Trident DEX

Sushi, a decentralized exchange, has introduced its automated market maker (AMM) Trident on Polygon. Sushi promotes Trident to be a unique agenda to construct as well as deploy AMMs. Sushi introduces Trident Beta The platform has begun the launch of its exclusive AMM, Trident. In a blog post of Wednesday, it was declared on the … Read more

Waves (WAVES) Gains 100% in One Week amid Increased Interest

Though the financial space saw various risk factors over the past month, Waves token managed to double its value. Today, 3 March, WAVES traded at $18.14, after a 1.85% increase over the past day. Moreover, the token remains 106.91% high within the past week, its market cap standing around $1.9 billion at this publication. Contrarily, … Read more