Category: Blockchain

The Total Value Locked (TVL) in decentralized finance (DeFi) protocols have crossed the biggest range in history. It is trading at its highest value of $223 billion, according to data from DeFiLlama. The current uptick in DeFi’s TVL is marked as an encompassing growth in the broader digital currency industry, whose market cap now sits at

As many countries make advances toward supporting digital currency innovations, Zimbabwe’s Finance Minister, Mthuli Ncube, has confirmed that the government is exploring ways to let cryptocurrencies thrive. Speaking to the country’s citizens at an event in Dubai last week, Ncube said the country is already creating an avenue to make digital currencies like Bitcoin legal,

Owning a piece of Non-Fungible Token (NFT) nowadays is not just a way to own bragging rights today, it has become a prominent way to store assets for many people. This has pushed a Twitter user with the handle @richerd to reject a 2,500 ETH (approximately $9.5 million) bid for CryptoPunk #6046. NFTs provide a

After nosediving to lows of $30K in May as China intensified crypto mining crackdown, Bitcoin (BTC) is back to winning ways when it recently has reached a 6-month high of $60K. The benchmark cryptocurrency has emerged the top amongst commodities, as acknowledged by CryptoCompare. The market insight provider explained: “Bitcoin is the best performing

Bitcoin’s price has been on overdrive due to its surge recently breached the psychological level of $60K for the first time in six months.  This rally has been boosted by the massive transaction volumes that have dominated the BTC network, as acknowledged by Ali Martinez. The market analyst explained: “Bitcoin is not slowing down!

ProShares’ Bitcoin futures ETF will start trading next week, that is according to an amended filing from ProShares (a U.S. provider of specialized exchange-traded products like leveraged, inverse and volatility exchange-traded instruments) indicated on late Friday, October 15.  The announcement makes a milestone achievement to the cryptocurrency industry in the U.S. The U.S. Securities and

Cryptocurrency investors may have to wait longer for an exchange-traded fund that is directly tied to physical cryptocurrency or its futures contracts, according to Todd Rosenbluth, senior director of the ETF and mutual research company CFRS. Speaking in an interview with CNBC’s ETF Edge on Tuesday, October 12, Rosenbluth disclosed that although a Bitcoin futures

Bitcoin (BTC) briefly breached the $60,000 level for the first time since April as its upward momentum continues. However, the benchmark cryptocurrency had retraced to the $59,033 area during intraday trading, according to CoinMarketCap. On-chain analyst Will Clemente believes the next few months will be wild to Bitcoin, given that the long-term holder supply shock

Bitcoin (BTC) has been experiencing a surge in price, and this upward momentum enabled the leading cryptocurrency to surpass the psychological level of $60,000 briefly. BTC was up by 3.07% in the last 24 hours to hit $59,075 during intraday trading, according to CoinMarketCap. Nearly 100% of Bitcoin supply is back to profitability. On-chain metrics

Russia is considering implementing special energy tariffs on cryptocurrency mining activities amid the widespread migration of miners into the country following China’s recent clampdown on the sector.  On Wednesday, October 13, Russia minister of energy Nikolai Shulginov had a conversation with the TASS local news agency. Shulginov stated that he is examining ways to differentiate energy