Canto Blockchain Difficulties Demonstrate Dreary DeFi Outlook

Canto is a blockchain that was designed for DeFi services like lending, staking and liquidity provision. Since its inception, it has seen a total of $591 million bridged from Ethereum’s mainnet, but that figure has stagnated over the past month as daily inflows struggle to top $3 million versus more than $20 million seen earlier […]

Continue Reading

Bitcoin (BTC) Whale Wallets Spook Crypto Twitter With Sudden Movements

One such wallet, which was last active in 2012, moved over 400 bitcoin ($11 million) over the weekend, data shows. The bitcoin whale moved 360 bitcoin to one wallet, and 40 bitcoin to other wallets. The whale had purchased some 900 bitcoin in 2012, holding on to the asset ever since and seeing a nearly […]

Continue Reading

Space ID Tokens Wow Investors Weeks After Binance Launchpad Sale

The price action in Space ID, which allows users to exchange, register and manage crypto-based domain names, reinforces Binance Launchpad’s position as a lucrative platform for traders looking to get allocations of tokens in new projects. The subscription period for ID ended in March, becoming the latest Binance Launchpad offering.

Continue Reading

Dogecoin Surges 5.8% as Traders Anticipate Elon Musk’s Next Move

“It is becoming increasingly harder to not accumulate doge at those prices as it fully retraced the logo change, Elon will integrate eToro trading on Twitter, market is looking healthy, 4/20 is coming and the market showed how low it was willing to go on it during the peak of bear ($0.06c),” Tree of Alpha […]

Continue Reading

Ethereum Trades Flat After Ethereum Shanghai Upgrade

“The momentum is just too powerful,” Xu wrote. “Right now, there are many institutions holding ETH and LSTs. Retail basically isn’t in the picture, and retail would be the ones who would dump at this moment. But the institutions won’t really be impacted by this upgrade because their investing time horizons are longer term.”

Continue Reading

Internet Computer Issues ‘Liquid Bitcoin,’ for Faster and Affordable BTC Transactions

“ckBTC means low transaction fees, speed, and, most importantly, no bridges,” said Dominic Williams, founder at Dfinity, in a note to CoinDesk. “This is a milestone in the Bitcoin journey, and the Dfinity Foundation is excited to see how projects building on the Internet Computer blockchain implement ckBTC and explore novel use cases.”

Continue Reading