Category: ETHTRX

Thorchain’s RUNE Appreciates 170% and DeFi TVL Grows 100% Over Last Month, Here’s Why

RUNE, the native cryptocurrency of THORChain has seen strong price appreciation over the last three weeks despite heavy volatility in the crypto space. The RUNE price has appreciated 173% despite the broader market correction since February 24, the day Russia announced its invasion into Ukraine. Furthermore, the total-value-locked (TVL) by RUNE in decentralized finance (DeFi) […]

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AAVE Gains 30% In Two Days With V3 Protocol Launch and Strong Whale Accumulation

AAVE, the native cryptocurrency of DeFi protocol Aave, has made a strong 30% gain in the last two days forming a bullish divergence from the recent lows. As of press time, AAVE is trading 10% up at a price of $151 and a market cap of $2 billion. the recent run-up in the AAVE price […]

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Ethereum Whale Transactions Pick Up As ETH Approaches $3000

The world’s second-largest cryptocurrency Ethereum (ETH) has shown a strong move to the north extending its weekly gains by 15% and approaching $3,000. As of press time, ETH is trading 6% up at a price of $2,945 with a market cap of $353 billion. Whales have turned active once again for the first time in […]

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Just-In: Russia To Legalize Bitcoin; Regulatory Draft Arriving by Feb. 18

The news in the town is that Russia is preparing for a draft law to legalize Bitcoin and cryptocurrencies this month. BREAKING: #Bitcoin to be recognized as legal currency in Russia. — Watcher.Guru (@WatcherGuru) February 9, 2022 From its plans to ban digital assets to integrate crypto into its financial system, Russia has taken a […]

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Bitcoin Holds Above $38K and Ether Above $2.5K, Here’s what can Fuel Prices Further.

After a strong bloodbath earlier this month, Bitcoin and the overall crypto market are showing up some strength as of now. Over the last few hours, Bitcoin has regained its position above $38,000 levels. As of press time, BTC is trading 1% up at $38,162 with a market cap of $723 billion. Similarly, Ethereum (ETH) […]

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YouTube’s Head of Gaming Joins Polygon Studios, CEO Praises NFT and Crypto

Top talent from the tech industry is witnessing new opportunities in the crypto space. On Tuesday, January 25, YouTube’s head of gaming – Ryan Wyatt – announced that he shall be leaving YouTube next month to join Polygon Studios. Mr. Wyatt is quite excited about his new role as the CEO of Polygon Studios. In […]

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SOL Tanks 6% As Solana Faces Another 48 Hour Outage, Boom and Bust Moment for Solana?

Solana’s native cryptocurrency SOL has tanked another 6% today slipping under $90 as the Solana blockchain continues to face major network congestion issues. SOL has been in a free-fall during this broader crypto market rout and has corrected nearly 60% from its all-time high in November 2021. Over the last weekend, the Solana blockchain faced […]

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Fantom (FTM) Surpasses Avalanche and Solana as DeFi TVL Crosses $12 Billion

Fantom (FTM) is the next big daddy in the list of Ethereum-competitors. Recently Fantom has toppled giants like Avalanche and Solana in terms of DeFi total-value-locked (TVL) which has now crossed $12.3 billion as per data from DeFiLlama. In the last 24 hours, Fantom’s DeFi TVL has shot up by 17% making it the next […]

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BNY Mellon Sees Meaningful Revenue In Crypto by 2023 Post Clear Regulations

Bank of New York Mellon is optimistic about a meaningful revenue ticking from its crypto services. On Tuesday, January 18, the bank’s chief financial officer Emily Portney said that the bank is collaborating with Fireblocks, a unicorn FinTech that allows financial institutions to store crypto assets. Portney said that the U.S. regulators should provide more […]

Continue Reading Users Reportedly Lose $15 Million Or At Least 4,600 ETH

On Monday, January 11, the popular crypto trading platform has suspended all deposits and withdrawals citing some “unauthorized activity” taking place at some accounts. However, it has restored some of the accounts back and withdrawal services stating that the accounts are safe. Update: Withdrawal services have been restored. All funds are safe. It will […]

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