That wallet now holds more than $144 million worth of shiba inu, which makes up for 26% of its portfolio holdings in Ethereum-based tokens. Metaverse tokens sandbox and GALA, which make up another $122 million of the wallet’s $500 million total value held in erc20 tokens, with the rest scattered between tether stablecoins and altcoins like MATIC, enjin, and loopring. Source
There is an old saying on Wall Street: Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. LUNA, the native token of the smart contract blockchain Terra, has nearly doubled to record highs above $90 in December, extending a four-month winning trend and decoupling from the weak trend in other top coins. Such stellar rallies often translate into euphoria – a situation characterized by risky directional bets and excess bullish leverage and usually observed at market tops. However, LUNA’s market shows no such…
The total value locked (TVL) in decentralized finance (defi) has rebounded in fiat value after suffering some losses last week. Statistics indicate that the $248 billion TVL in defi has increased 3.46% during the last 24 hours and the blockchain Terra has overtaken the Binance Smart Chain in terms of TVL in defi. Terra Protocol’s Defi Value Swells, LUNA Taps an All-Time High The Terra protocol has been making waves as the blockchain’s native crypto asset (LUNA) has increased more than 45% over the last week. The digital currency recently…
Jean-David Péquignot was named global head of execution services, OSL. Péquignot has about 20 years of experience in trading, sales, market structuring and structured products. He has held several senior positions in major banks, most recently at Westpac Institutional Bank, where, among other positions, he served as deputy chief executive, Hong Kong, and head of global markets Hong Kong. Source
sponsored Most crypto-oriented gaming projects usually run on the likes of Ethereum (ETH), Solana (SOL), EOS (EOS) and Tron (TRX). Despite Ethereum’s (ETH) dominance however, a growing number of game developers are now launching on Polygon (MATIC). GensoKishi Online Metaworld is a part of this list, and it’s simple to understand as to why that is. Polygon is a very active network which is quickly developing to scale Ethereum and also be a dependable platform with relatively cheap trade costs. Polygon is extremely scalable, enabling for the deployment of large…
Ethereum is gaining pace above the $4,000 zone against the US Dollar. ETH price is showing positive signs, but it must clear $4,100 for a strong upward move. Ethereum started a fresh increase and surpassed the $4,000 resistance zone. The price is trading above $4,020 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $4,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear $4,100 to accelerate higher in the near term. Ethereum Price…
When it comes to the growth of crypto adoption, Africa and Asia lead the world: A total of $105.6 billion worth of crypto assets were traded in Africa between July 2020 and June 2021, a growth rate of 1,200% year-on-year. P2P trading dominates transaction volumes: The main drivers of this boom are the clear and unmet needs of these markets, including: Lack of financial infrastructure – Africa and Asia are the most unbanked continents. Almost 70% of adults in countries like Vietnam and Morocco do not have a bank account: At the…
The National Women’s Soccer League (NWSL) has signed a multi-year deal with crypto platform Voyager Digital to become the latest league to step into the space. What This Deal Means For All Those Involved One of the fastest growing crypto platforms, Voyager, has now entered the soccer world for the first time at this level, and this is big news for those who are keeping an eye on the Voyager platform and token. CEO Steve Ehrlich had an interview with CNBC this past week, and he spoke on his excitement…
Over the last few weeks, furious debates over Covid-19 and vaccine mandates have divided people into two classes. On December 21, one individual from Argentina explained in a forum that “banks in Argentina are not letting unvaccinated people inside.” The person said that whether people are for or against vaccines, the mandate was “nuts” and the “decision to go all-in on bitcoin” was the best decision he’s made in his life. Vaccine Mandates in Argentina and Nigeria Ban Unvaccinated From Visiting Bank Branches Vaccine mandates have been causing a lot…
Escrow is a widely used legal concept where a third party holds assets or funding on the behalf of the two other parties according to a predetermined set of conditions. Escrow helps ensure that both parties deliver before the transaction is completed. The concept of escrow is popular in the traditional financial ecosystem, especially in the real estate industry. However, Escrow Protocol aims to introduce the time-tested concept of escrow to the blockchain industry and optimize the crowdfunding process. Crowdfunding is an important part of project development as it connects…