Bitcoin and Ethereum are currently witnessing a significant uptick, coinciding with a downturn in traditional banking equities, particularly in light of the recent sale of First Republic Bank. How might this sudden cryptocurrency market bounce affect the selection of the best crypto to buy now? Bitcoin exhibited a notable ascent earlier today, setting an intra-day…
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Santiment, a cryptocurrency analytics platform, is telling Bitcoin (BTC) enthusiasts to exercise caution as several on-chain metrics for the digital asset raise concerns. In a recent blog post, Santiment pointed out that Bitcoin’s network is not experiencing the same exponential growth it witnessed during the 2021 bull market. How might this recent news affect the…
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Injective (INJ), which describes itself as the fastest proof-of-stake layer-1 blockchain that is “shaping the future of finance”, has seen its price pump recently. Indeed, in the last seven days, its price has rallied over 30%, making it the best-performing cryptocurrency in the top 100 by market capitalization over this time period according to CoinGecko.…
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Bitcoin has managed to climb back to the $30,000 level following a 24-hour low of $29,100, signaling what many crypto traders hope is a continued uptrend that may solidify a wider bull market trend in the crypto markets. The leading cryptocurrency is sitting at a 2.82% increase in the past day, while ether and other…
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During the last year, the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection has become one of the most popular NFT projects. After weeks of a continuous rise in value, the current floor price for a single Bored Ape NFT is 130 ether or $382K. Following the floor price rise, the decentralized derivatives exchange…
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Two new synthetic asset and derivatives platforms look to take a slice of Synthetix’s pie. Synthetic assets, one of the most promising use cases for decentralized finance (DeFi), is becoming an increasingly competitive landscape as two new projects aim to bring scalability and new markets to traders. On Friday, decentralized derivatives exchange Injective Protocol began…
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