Current DeFi Market Goes Down as TVL Drops Below $200B
Curve, an Ethereum-based DeX liquidity pool, dominates by 7.98% with its TVL. Average monthly revenue raised by DeFi protocols in April 2022 is $159.24M. The DeFi market surged in the…
Afraid to buy the dip? Bitcoin options provide a safer way to go about it from $38K
The last time Bitcoin (BTC) traded above $50,000 was Dec. 27, 2021. Since then, four months have passed, but traders seem somewhat optimistic that inflation has hit the necessary threshold…
Tesla’s Believes in Long-term Potential of Crypto Assets
The firm made its grand debut in the cryptocurrency world using bitcoin. Tesla had claimed it acquired $1.5 billion in bitcoin. Tesla has said that it believes in the long-term…
Eurosystem and ECB will Begin Prototyping of Digital Euro soon
Digital euro will be launched as a retail CBDC. Prototyping will start in August and will last until Q1 2023, said Eurosystem. Central Bank Digital Currencies (CBDCs) are digitised forms…
#India: Prominent Exchange CoinSwitch Kuber Reinstates Rupee Deposit Via Bank Transfer
Deposits could be made through could be made via NEFT, RTGS, and IMPS. Crypto exchanges in India ceased allowing deposits over UPI. CoinSwitch Kuber reinstated rupee deposits using the bank…
Eurosystem With ECB Soon To Begin Prototyping of Digital Euro
Digital euro will be launched as a retail CBDC. Prototyping will start in August and will last until Q1 2023, said Eurosystem.Central Bank Digital Currencies (CBDCs) are digitised forms of…
Crypto Payments Now Enabled on Telegram via TON Blockchain
Toncoin is down 1.47% in the last 24 hours and is trading at $1.90.800k telegram users are already using the wallet bots, said the TON Foundation.Crypto Payments are turning out…
Bitcoin Will Lose Users if it Doesn’t Adopt Proof-of-Stake ~ Solana Co-Founder.
Solana’s co-founder said that most of the networks will eventually move to the PoS model and Bitcoin should too.The Proof-of-Work (PoW) consensus mechanism, which relies on crypto mining to validate…
Former Google CEO Says He Owns Some Crypto, but is More Bullish on Web 3
Eric Schmidt believes projects like Bitcoin spend too much time and resources focused on security, and that web 3 is where the action is at. Eric Schmidt – Google’s CEO…
Bitcoin Price Rebounds Despite Heavy Bears
Bitcoin is up 1.61% in the last 24 hours. At $36,271, one level of support might halt the negative trend. There was a highly bearish setup on the bitcoin price,…