Radiant Capital, a lending and borrowing protocol, has been gaining significant traction in the decentralized finance (DeFi) space, positioning itself as a strong competitor to established players like Aave. Analyzing the earnings data over the past six months, Radiant Capital has shown remarkable growth, generating $5.8 million in revenue despite having relatively lower liquidity compared
Bitcoin
The Bitcoin price has been showing signs of exhaustion on low timeframes, despite still recording some profits. However, when zooming out, recent data shows the massive rally experienced by cryptocurrencies over the past few months and the potential for additional gains in the sector. As of now, the Bitcoin price is trading at $34,800 with
Ripple CEO Brad Garlinghouse is eagerly looking forward to the upcoming DC Fintech Week. This annual event brings together individuals from both the public and private sectors who share a common interest in the world of finance and blockchain. Garlinghouse believes that the event provides a unique opportunity for people to come together and discuss
In recent trading hours, XRP, the popular cryptocurrency, has been experiencing significant strides. Investors and traders have witnessed remarkable gains, as the hourly chart indicates a bullish trend despite a sharp rise. CoinGecko reports an impressive 8.9% increase in the past 24 hours, marking a seven-day rally of 24.4%. Bulls are flexing their muscles on
Ethereum (ETH) has been gaining significant attention in recent weeks as it steadily approaches the $1900 price region. The cryptocurrency has seen a 5.85% increase in the last seven days, contributing to a total price surge of 15.17% over the past four weeks. However, it’s a recent whale movement that has sparked speculation of an
The performance of Bitcoin has been a hot topic in the crypto market, especially in the month of October. While some analysts have expressed bearish projections for the premier cryptocurrency, others have maintained a positive stance on Bitcoin’s performance, not only in November but also beyond. This article aims to provide a critical analysis of
Polygon (MATIC), a Layer 2 (L2) blockchain network, witnessed extraordinary growth in the third quarter of 2023. The platform experienced significant milestones in terms of non-fungible token (NFT) sales, successful network upgrades, and the activation of a new token. This article delves into the remarkable achievements of Polygon during this period and explores the factors
The Solana price has experienced a remarkable surge, propelled by a spike in volatility. This surge has taken the cryptocurrency from its yearly lows to reach a new all-time high. The magnitude of this bullish momentum has left some market participants in disbelief, while others have eagerly embraced the price action to capture substantial profits.
Cardano, one of the prominent blockchain networks, has had a challenging third quarter, leaving investors and enthusiasts intrigued about its future trajectory. While certain metrics have presented a less-than-stellar picture, there are emerging indicators that suggest the potential for a positive turnaround. In the realm of cryptocurrencies, metrics play a crucial role in determining the
In a recent analysis by Ram Ahluwalia, the CEO of Lumida Wealth, he delved into the potential market impacts on Bitcoin, specifically emphasizing the significance of a failed Treasury auction. Lumida Wealth, an SEC registered investment advisor, specializes in alternative investments and digital assets. Ahluwalia’s insights shed light on the need to closely monitor Bitcoin’s
In a remarkable achievement, a solo Bitcoin miner recently claimed a $200,000 block reward, proving that lone miners can effectively compete with larger mining operations. The news has garnered attention from fellow miners and crypto enthusiasts, shedding light on the potential of solo mining in the industry. Software engineer and admin of Solo Ckpool, Dr.
Over the past week, LUNA, the native token of the Terra 2.0 blockchain, has experienced a significant surge in value. This rally can be attributed to the impressive performance of Bitcoin, which has been climbing steadily towards the $35,000 mark. After enduring a bearish phase for several weeks, LUNA investors can finally breathe a sigh
Maker (MKR) has experienced an impressive rally, surging over 170% from its June 2023 lows. However, recent price action and decisions made by influential whales suggest that the bullish momentum may be losing steam. Currently, MKR is trading near its 2023 highs but has retreated by 16% from its peak in October. A concerning development
The long-standing legal battle between the US Securities and Exchange Securities Commission (SEC) and Ripple Labs seems to be nearing its end. After the dismissal of the SEC’s claims against Ripple’s CEO Brad Garlinghouse and co-founder Chris Larsen, it is expected that both parties will proceed to finalize a settlement. However, pro-XRP legal expert John
Loopring, the layer-2 decentralized exchange (DEX) for Ethereum, has recently announced a change in approach. The platform is going multi-network and expanding its core pillars from three to four. This strategic update aims to enhance the functionality of the Loopring Dapp and attract more users from diverse platforms. Under the new shift, the Loopring Dapp
In a recent blog post titled “The Periphery,” Arthur Hayes, the former CEO of BitMEX, shares his views on the potential future of Bitcoin (BTC) and highlights the significance of geopolitical risks. As the world grapples with heightened tensions and economic uncertainties, Hayes delves into how these macro factors can shape the trajectory of Bitcoin.
After speculation surrounding a potential spot ETF being listed on DTCC, the price of Bitcoin has surged over 15% to approach the $35,000 resistance level. However, analysts are divided on whether this bullish momentum will continue or if a short-term correction is imminent. In this article, we will analyze the current market conditions and explore
The demand for cryptocurrencies, with Bitcoin at the forefront, has been steadily growing, and Paul Brody, the Global Blockchain Leader at Ernst & Young (EY), sheds light on this trend. In a recent CNBC interview, Brody highlighted the increasing interest in crypto, particularly from family offices. These entities, responsible for managing the vast wealth of
The Shiba Inu ecosystem has rapidly gained popularity within the crypto industry, emerging as one of the fastest-growing communities. With the introduction of numerous tokens and ecosystem updates, the Shiba Inu project has undeniably made remarkable progress. However, it still has a long way to go. In an unexpected announcement, a core member of the
Over the past week, Bitcoin has experienced a notable increase of 10.50%, with significant gains seen throughout the period. One of the main catalysts for this price surge was the spread of fake news regarding the approval of the BlackRock iShares Bitcoin Spot ETF. On Monday, Bitcoin shot up by 7% in response to this
Crypto financial services platform Matrixport has conducted an analysis on the potential effects of a spot Bitcoin exchange-traded fund (ETF) on the cryptocurrency market. According to their newly released report, if the US Securities and Exchange Commission (SEC) approves a spot Bitcoin ETF, it could push the price of Bitcoin between $42,000 and $56,000 per
Since its inception, Ethereum has faced relentless criticism from Bitcoin maximalists who argue that Bitcoin is the only valuable cryptocurrency. Despite holding the second-highest percentage of the cryptocurrency market value, Ethereum continues to be targeted by skeptics. Recently, prominent Bitcoin enthusiast Steve Barbour went as far as labeling Ethereum as “garbage” and questioning its future.
The Fantom Foundation, a non-profit organization dedicated to supporting the growth and development of the Fantom ecosystem, has recently suffered substantial financial losses due to a phishing attack. According to reports from CertiK, a blockchain security firm, two Fantom Foundation wallets on Ethereum and the Fantom Network were compromised, resulting in a loss of over
Bitcoin price experienced a sudden surge, crossing the $30,000 mark briefly, following the circulation of fake news regarding the approval of a spot ETF. The price has since retreated but is consolidating above the $28,200 level. This article analyzes the current state of Bitcoin and its potential for further growth. Bitcoin has managed to hold
Bitcoin, the world’s leading cryptocurrency, has experienced a remarkable surge in its price, reaching a staggering $28,004. This significant increase can be attributed to several key factors that have influenced the market dynamics in recent days. In this article, we will delve into the primary reasons behind Bitcoin’s price movement, exploring the impact of regulatory
Ethereum has been in a descending channel against Bitcoin since August of last year, indicating that Bitcoin has been the superior investment during this period. However, historical trends suggest that this situation may change soon, with Ethereum potentially entering an accumulation phase. Currently, Ethereum is trading at $1600, representing a 22% decrease from its price
The trial against FTX co-founder Sam Bankman-Fried took an intriguing turn as Zac Prince, the CEO of defunct crypto lender BlockFi, provided testimony in a Manhattan federal courtroom. Prince’s appearance provided valuable insights into the intricate relationship between BlockFi, FTX, and Alameda Research. According to a Bloomberg report, Prince revealed that BlockFi had substantial exposure