A storm monthly of April is now in the past, and although the forecast was looking glooming for Bitcoin for a while there, bulls are breaking through the clouds and it could blossom another bullish impulse higher. Here’s a closer…
Category: Crypto Analysis
With $1M Worth of Funding, KnitFinance Charges Ahead to Unlock Trillion Dollar Market in DeFi
KnitFinance’s objective is to enable DeFi on Multiple chains which is limited to only two at present and to reduce entry barriers and asset risk for potential users. The platform has been designed to achieve the same with an architecture…
OKEx Insights-CryptoCompare Report: Institutional Investors Exhibit Increased Interest in Ethereum
The second-largest cryptocurrency in terms of market cap, Ethereum is creating history as its value hovers around the recently found all-time high. The growth trend exhibited by ETH since mid-2020 has caught the attention of crypto investors, especially with speculations…
Moma Protocol Raises $2.25 Million To Focus on Long-Tail Assets In DeFi
Long-tail DeFi assets are a very exciting trend in the cryptocurrency industry. Whereas these assets often suffer from a decrease in trading volume, Moma Protocol wants to provide them with infinite liquidity. An exciting approach that has attracted attention from…
After 68% Surge, Bitcoin Cash Burst Back Into Top 10 Crypto
On Thursday, Bitcoin Cash (BCH) re-entered the top ten market capitalization rankings after a 36% overnight gain that compounded to 68% growth for the week. BCH’s per-coin value jumped from $1,068 to $1,462 in less than 24 hours leading up…
Solving DeFi Industry’s Liquidity Fragmentation and Clunky Protocol Interoperability
At the recent ETH Berlin upgrade on April 15, the gas limit size increased, necessitating a fall in transaction fees and heightened activities in Ethereum we see today. DeFi, which stands for decentralised finance, is the critical driver of activities…
Dogecoin’s Triumph Is A Snub Of The Monetary System
In accounting for Dogecoin’s phenomenal rise, Mike Novogratz, the CEO of Galaxy Digital, said it’s a middle finger to the system. He added that many people, Millennials and Gen Z, have turned to it because they are unhappy with the…
AFEN: This DeFi Platform Is Worth Your Attention
In recent weeks, AFEN has gained unprecedented traction on social media and cryptocurrency news platforms. Most of the buzz around the AFEN project was from but not limited to its swift public sale held on Julswap. The IDO sold out…
TA: Ethereum Sets New ATH, Why Dips Remain Attractive In Near-Term
Ethereum extended its rally and it traded to a new all-time high near $3,550 against the US Dollar. ETH price is correcting gains, but it is likely to remain well bid near $3,400. Ethereum extended its rally above $3,500 and…
TA: Bitcoin Reclaims 100 SMA, Here’s Why BTC Could Surge above $58K
Bitcoin price started a decent increase above the $56,000 resistance against the US Dollar. BTC is showing positive signs and it could aim a break above $58,000. Bitcoin formed a support above $54,000 and it recovered above the $56,000 zone.…
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