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cryptocurrency May 12, 2022

Key Takeaways Daily trading volume on DeFi exchange Curve Finance has hit a new all-time high of $6.8 billion. Fears over USDT losing its dollar peg and the sharp decline in Bitcoin and Ethereum prices has fueled trading on Curve. Centralized exchanges such as Kraken and Bitfinex have also seen more than 100% increases in […]

cryptocurrency May 11, 2022

Advertisements Nubank unveiled support for cryptocurrency investment Users will be able to trade Bitcoin and Ethereum Paxos will power the service and offer blockchain-based facilities Brazil’s Senate recently voted in favor of crypto adoption The largest neobank in Brazil and one of the biggest fintech institutions in Latin America, NuBank announced crypto trading integration on […]

cryptocurrency May 11, 2022

Ethereum [ETH] dropped by 18% in less than a week after bouncing off the $2,200 support level. This happened after BTC suffered another shock and dipped to $30,000. The entire crypto market has gone into a frenzy in recent days with Luna and UST headlining the fallen market situation. Advertisements A particularly bearish sentiment swept […]

cryptocurrency May 10, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Ethereum price has been hovering inside a trading range since the sell-off in January. The recent downswing caused around the FOMC meeting on 4 and 5 May seems to have triggered a massive […]

cryptocurrency May 9, 2022

Bitcoin and Ethereum miners, both have made a significant chuck in revenues over the years as demand skyrocketed. However, 2022 might come as a surprise especially for the largest cryptocurrency. January proved to be a tough month for Bitcoin miners. Miners generated approximately $1.2 billion in revenue during the first month of 2022. Advertisements While […]

cryptocurrency May 9, 2022

Just a day after crashing 7% along with other major cryptocurrencies, Ethereum is back again in the news. There is growing uncertainty over its short-term prediction with different data sets suggesting more confusion for investors. Advertisements Glassnode posted two metrics on its Twitter feed suggesting oncoming turbulence for Ethereum. The delay of ‘Merge’ has led […]

cryptocurrency May 8, 2022

As per the latest data released by Santiment, on 7 May, the Ethereum network experienced a 3.4 times rise in the number of transactions as compared to any other day. Advertisements The tweet further went out to state that with the ongoing market capitulation, this is the first time in the last 3.5 years that […]