Category: Avalanche

Avalanche Price Analysis: Will AVAX Coin’s Winning Streak Surpass $26?

The Avalanche (AVAX) price rises for the fourth consecutive day, registering a 15.2% gain. The bull aims to breach the $26.2 resistance and trigger the two-months old cup and handle pattern. What can you expect once the price breaches the neckline resistance? Key points:  The AVAX chart shows high supply pressure at $26.1 A bullish […]

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Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M

Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M

While crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao’s TVL dominates by 10.37% this weekend. Defi TVL Improves, Cross-Chain […]

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Avalanche Launches Bitcoin Brdige Through Web3 Wallet Core

Avalanche Launches Bitcoin Brdige Through Web3 Wallet Core

Ethereum competitor Avalanche announced new support for native Bitcoin (BTC) through its bridge solution built on its crypto wallet Core. Following the news, its native token AVX spiked higher, outperforming major digital assets like Bitcoin and Ethereum in the past 24 hours. Wrapped BTC on Avalanche Ava Lab – the foundation behind the smart contracts […]

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Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year

Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year

Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time high (ATH) at $253.91 billion. […]

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Just Above $1 Trillion — Crypto Economy’s Value Slips Lower Than the Lows Recorded Last July

Just Above $1 Trillion — Crypto Economy’s Value Slips Lower Than the Lows Recorded Last July

The $1.19 trillion crypto economy is now lower in value than the lows recorded in July 2021. During the last week, digital currencies like bitcoin, ethereum, caradano, and xrp, have shed significant value against the U.S. dollar, as the top cryptos have lost 50% to more than 80% from their all-time price highs. How Low […]

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Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout

Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout

While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total value locked in defi has dropped 7.96% since May 18, to roughly $104 billion, and […]

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