Aave, a major liquidity protocol within the decentralized finance (DeFi) industry has made an announcement that is concerning for the entire community. The platform has announced that it has suspended several lending markets. For now, the protocol has clarified that they have halted the lending markets on a temporary basis. Aave Halts 17 Tokens’ Lending … Read more
While maintaining its 5-day gain average above 5%, the value of Chainlink has further increased and currently, the token is trading at $7.00. Skipping the question of whether Solana can make it back into the top-10 lead crypto coins, Solana too earned substantial value gains. Analysis of LINK Thursday’s opening was a shocker for most … Read more
Chainlink (LINK) seems to be demonstrating a strong performance in the recent trading sessions. The value of the LINK has continued rising for the past few days, filling the bulls with a lot of excitement. With every passing day, the confidence and the excitement of the investors are rising and they are determined to keep … Read more
Santiment, a data analytics firm recently shared information about the active addresses that are backing LINK. According to the firm, these addresses were recorded last week as they were active every day. Over 8k Active Addresses on LINK The firm has revealed that in the past week, they have recorded over 8,000 LINK addresses that … Read more
In the past few months, the world has grown very aggressive against Russia. The country has waged its war against Ukraine and since then, the US and the UN have passed multiple sanctions against it. Initially, it looked like Russia will be able to get through the difficult times. However, the situation has gotten worse … Read more
An Intro To Trading And Investment Before starting to know about cryptocurrency we all need to know about trading. What is trading? What are the benefits of trading? And how it plays a role in the rise in financial conditions? Trading is a fundamental concept all over the world in which buying and selling factors … Read more
For over two weeks, the cryptocurrency industry continued facing a downtrend. Its demise came just because of the collapse of the cryptocurrency exchange based in the United States, the FTX exchange. Finally, the impact of the FTX collapse has started to fade and things seem to be recovering for the cryptocurrency industry. Binance Coin (BNB) … Read more
The mining difficulty of Bitcoin (BTC) has recently achieved a record-high figure. November 21, 2022, hashrate data shows it is hit a new record. Bitcoin difficulty is considered one of the most critical indicators when it comes to gauging the performance of the Bitcoin network. Mining Difficulty Rose Over 36.95 T On November 21, the … Read more
Everrise Brokers Review Trading platforms like Everrise Brokers strive to provide a brilliant trading experience to all kinds of traders in the realm of online trading. It is fair to say that many online trading firms are attempting to develop a trading system that will enable traders to profit. They want something spectacular for their … Read more
For a long time, the Shiba Inu (SHIB) investors have found no happiness as the price of SHIB has continued declining. Investors are constantly faced with the downward movement of Shiba Inu. The second-largest meme coin has not been able to make it out of the red zone even after a long time. Shiba Inu … Read more
As the tradition goes, the cryptocurrency industry started Saturday on a usual note, experiencing a downtrend. For days, the cryptocurrency industry has been nothing more than tragic for investors. Algorand Performed Well Fortunately, the situation was not the same for the Algorand (ALGO) investors. The ALGO community was in for a huge surprise as they … Read more
Russia may soon add itself to the list of countries that have legalized cryptocurrency mining operations on their soil. If this happens, things may become quite an interesting for the cryptocurrency industry in Russia. The entire crypto industry will also be able to benefit from Russia’s decision, which is still being considered. Russia to Legalize … Read more
The head of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, had some revelations to make about the former CEO of the bankrupt crypto exchange FTX, Sam Bankman-Fried. He said that the co-founder of FTX had been trying to convince regulators for a year to allow him to launch a derivatives product, which could be … Read more
In the past couple of years, the constant interference of Elon Musk in Dogecoin’s (DOGE) matters has made him a positive/negative factor for the meme coin. This is the reason why the entire Dogecoin looks up to Elon Musk whenever they want to think about investing money in the DOGE. Since the start of 2021, … Read more
The crypto market has been reeling from the demise of FTX, which was one of the leading crypto exchanges, along with other businesses that were affiliated with it. Since then, one of the hot topics has been proof-of-reserves of different crypto exchanges, which they have been sharing to reassure their clients. However, this certainly has … Read more
The Department of Financial Protection and Innovation (DFPI) has made an announcement in regard to launching an investigation against FTX. The DFPI to Investigate FTX’s Demise The DFPI is a regulatory authority based in California State. The regulator announced on November 10 that they have launched an investigation against the FTX exchange. The purpose of … Read more
Lawrence Summer, the former US Treasury Secretary, compared the collapse of the FTX crypto exchange to Enron. He noted that the case was not about the complexities associated with crypto regulation, but was actually one of classic fraud. He said that there were two lessons that were to be derived from the implosion of FTX … Read more
Last week, it was confirmed via a leaked balance sheet that FTX backed Alameda Research with FTT belonging to customers on the exchange. After the revelation, it has been confirmed that there is a great void in the balance sheet of the FTX exchange. As the exchange no longer has the actual FTTs of the … Read more
The Department of Financial Protection and Innovation (DFPI) in California announced that it is investigating the ‘apparent failure’ of FTX. The banking and lending laws of the state are administered by the DFPI, along with the securities law and the financial protection law. The former covers investment advisers, broker-dealers and commodities. Last Thursday, the agency … Read more
In the year 2022, Shiba Inu (SHIB) has turned out to be a highly sustained cryptocurrency. The meme coin has been moving alongside the general trajectory as investors keep it sustained. Even the sell-offs carried out by the sellers are sustained and the same goes for the meme coin purchases. Are There Signs of Bullish … Read more
