Category Archive: Cryptocurrency, No picture
Harvest Finance Surges 127% on Coinbase Listing
Key Takeaways Coinbase has listed Fetch (FET), Paxos Standard (PAX), Polymath Network (POLY), and Harvest Finance (FARM). The listed coins are available on Coinbase and Coinbase Pro in most supported regions. Harvest Finance’s FARM token surged 127% following the listing. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Coinbase has […]
Ethereum Targets $3,000 Despite Death Cross Warning
Key Takeaways Ethereum’s price chart is flashing a potential negative warning in a death cross. The market can expect volatility due to today’s options expiry and rising derivatives volume. Many investors are awaiting Ethereum’s upcoming London hardfork, which includes the crucial EIP-1559 fee burning proposal. This news was brought to you by ANKR, our preferred […]
Animoca Brands Acquires Indie Game Developer Blowfish Studios
Animoca Brands has announced the acquisition of Sydney-based Blowfish Studios, expanding the firm’s game development capabilities. Animoca Brands Expands Game Development Animoca Brands is adding to its portfolio of game development talent by acquiring Blowfish Studios. The deal, announced Thursday, sees the leading NFT gaming publisher buy out Blowfish with a combination of cash and […]
Onboarding Millions on Layer 2 Solutions: Interview with DODO Founder
Key Takeaways DODO is set to launch on Arbitrum, and believes that Arbitrum will surpass people’s expectations. While initially, liquidity will be spread between layer 2’s and sidechains like Polygon or BSC, if layer 2 delivers it will eventually prevail. The recent slump in DeFi prices hasn’t affected most projects as they all have more […]
Synthetix Goes Live on Layer 2 to Bypass Ethereum Fees
Key Takeaways Synthetix has put its decentralized exchange on Optimistic Ethereum, a second layer network for Ethereum. This will reduce transaction fees and speed up price retrieval. Synthetix provides synthetic tokens—tokens that track the value of existing cryptocurrencies, currencies, and stocks. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Synthetix […]
PayPal Hints it May Use “Interesting DeFi Apps” in Future
Key Takeaways In its Q2 earnings call, PayPal announced its new consumer wallet will feature additional crypto capabilities. The company also referenced DeFi applications regarding future crypto engagement. There are rumors of talks between PayPal and Uniswap, however nothing has been fully announced yet. This news was brought to you by Phemex, our preferred Derivatives […]
THORChain Shakes Off Recent Attacks with 39% Rally
This news was brought to you by ANKR, our preferred DeFi Partner. THORChain has suffered a wave of attacks over the last few weeks, but RUNE is showing signs of recovery. THORChain Makes Major Rally THORChain is soaring. The project’s RUNE token is up 39% in the last 24 hours, currently trading at $5.79. Although […]
Robinhood IPOs Amid Uniswap Partnership Rumors
Key Takeaways Stock and crypto trading app Robinhood will launch its initial public offering valued at $31.7 billion. In Q1 this year the company saw a boom in profits from crypto trading on the platform. Robinhood is rumored to be working with DeFi giant Uniswap to expand its crypto capabilities. This news was brought to […]
Bitcoin and Ethereum Flash Sell Signals After Major Gains
Key Takeaways The Tom DeMark Sequential indicator has flashed sell signals on Bitcoin and Ethereum’s daily charts. Despite the pessimistic outlook, transaction history shows BTC faces no resistance until $42,600. Likewise, ETH may advance to $2,500 before it retraces towards $2,000. Bitcoin and Ethereum continue to make higher highs, but one technical indicator suggests that […]
Fed’s Jerome Powell: Inflation Could Turn Out Higher Than Expected
Key Takeaways Inflation is currently higher than the Federal Reserve expected, a tendency that will likely continue for the coming months confirmed Powell. The market hasn’t reacted strongly to the news as Bitcoin continues to hover around $40,000. Powell expect the Delta variant to have lower implications on the state of the economy than previous […]
