MetaMask Marks 10M Active Users With Metaverse Party
Aug 31, 2021
Jeremy Parkinson
Cryptocurrency, No picture
MetaMask will celebrate reaching 10 million monthly active users with a party hosted on the metaverse platform Decentraland. MetaMask Hits 10 Million Users The popular Ethereum wallet MetaMask announced it has hit 10 million monthly active users Tuesday, with plans for a blow-out 24-hour party on Decentraland to celebrate. 10M Monthly Active Users!? 🤓🦊🎉 Let’s […]
Cardano Faces a Hurdle Before New All-Time Highs
Aug 31, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Cardano has endured a week-long consolidation period. The $2.98 resistance level has managed to keep ADA from resuming its uptrend. Transaction history shows stable support, favoring the bulls. This news was brought to you by Phemex, our preferred Derivatives Partner. Cardano is up nearly 3% since the beginning of the daily trading session […]
Ripple’s XRP Token Looks Ready to Break Out
Aug 31, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways XRP is consolidating within a tight price range. A daily candlestick close outside of the $1.17-$1.10 zone should determine where prices are heading next. Interestingly, some large whales have been exiting the network over the past few days. This news was brought to you by Phemex, our preferred Derivatives Partner. As a new […]
Cosmos Soars 25% Amid Layer 1 Blockchain Boom
Aug 31, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Cosmos jumped 25% Monday night as the protocol’s ATOM token approaches its all-time high set earlier this year in May. Cosmos Aims for the Stars Cosmos is the latest layer 1 blockchain to rally. The project’s ATOM token rose over 25% Monday night, continuing its upward trajectory from a July reversal. ATOM is currently trading […]
Has Banksy Just Released His First NFT on Ethereum?
Aug 31, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways A link to an NFT titled “Great Redistribution of the Climate Change Disaster” appeared on Banksy’s official website today. The piece was listed on OpenSea and sold for 100 ETH earlier today. While the NFT creator’s pseudonym “gaakmann” is similar to an alias Banksy has used in the past, the listing has raised […]
Anti-Bitcoin Protests Break Out in El Salvador
Aug 30, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Citizens are protesting El Salvador’s upcoming Bitcoin laws, which will make the cryptocurrency into legal tender. Hundreds of individuals reportedly attended the protests. The law will take effect on Sept. 8. This news was brought to you by Phemex, our preferred Derivatives Partner. Citizens in El Salvador are protesting the country’s adoption of […]
Bitcoin and Ethereum Are Resting on Two Price Levels
Aug 30, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bitcoin and Ethereum have been stagnant, showing no signs for the direction of their trends. As the Bollinger bands squeeze on the daily chart, a period of high volatility looks imminent. The Fibonacci retracement indicator reveals what BTC and ETH need to do to resume their respective uptrends. This news was brought to […]
Fantom Rallies 71% as DeFi Ecosystem Expands
Aug 30, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways FTM is up over 70% in the last 24 hours as Fantom’s DeFi ecosystem grows. The token has grown by more than 340% in the last 30 days. The total value locked on Fantom is now over $600 million and has doubled since last month. The Fantom Foundation has announced a $250 million […]
OpenSea Hits $3B in Monthly Volume on Mutant Ape NFT Drop
Aug 30, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways OpenSea is benefiting enormously from the recent NFT boom. It just passed $3 billion in monthly volume. The recent Mutant Ape Yacht Club launch contributed to the surging volumes over the weekend. The new collection has already overtaken the original Bored Ape Yacht Club in trading volume. OpenSea has reached $3 billion in […]
DeFi Project Cream Finance Suffers $25 Million Exploit
Aug 30, 2021
Jeremy Parkinson
Cryptocurrency, No picture
This news was brought to you by ANKR, our preferred DeFi Partner. Cream Finance has reported a major security attack, resulting in a $25 million loss. Reentrancy Bug Behind Cream Finance Exploit Cream Finance has been exploited. The DeFi lending protocol reported its CREAM V1 market had been targeted Monday. C.R.E.A.M. v1 market on Ethereum has […]