New DeFi protocol Nudge aims to unlock hidden value in users’ wallets
Nudge seeks to unleash a new DeFi primitive called Re: allocation Value.
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Report outlines reasons why stakeholders are against CBDC
The American Banking Banking Association highlighted that a CBDC issued by the U.S. Federal Reserve lacks “compelling use cases.” Own this piece of crypto history Collect this article as NFTWhile some countries like Nigeria are aggressively pushing the use of central bank digital currencies (CBDCs), a new report summarized why a number of private stakeholders…
CoinMarketCap launches proof-of-reserve tracker for crypto exchanges
The tool allows users to monitor exchanges’ reserves through displays of total assets and public wallet addresses, along with the balance and value of the wallets displayed. CoinMarketCap, a leading market researcher and tracker in the crypto industry, announced the launch of a new feature on its platform which allows users updated financial insights on…
Bitcoin Price Predictions by Top Analysts Are Usually Wrong — Here’s Why
Since Bitcoin (BTC) price rallied above $19,000 in 2017, crypto analysts have issued an amazingly wide range of price predictions on the date and value of the next all-time high or low. Sometimes these predictions are rooted in deep fundamental and technical analysis, whereas other times they are simply nothing more than off-the-cuff estimates issued at…
Blockchain tech will bridge the gap between DApps and enterprises
Blockchain technology is revolutionizing the way we interact, transact and share information, with many experts predicting it will be the most disruptive technology in the next decade. After little structural innovation since the 19th and 20th centuries, decentralization has brought industries such as finance, media and technology closer to transparency, freedom from intermediaries and heightened…
Cream Finance will integrate with Polkadot blockchain using Moonbeam
Kusama and Polkadot users will be able to use Cream’s services to deposit digital assets as collateral or lend them out. 642 Total views 29 Total shares Decentralized finance project Cream Finance will bring its lending and borrowing services to Moonbeam, a smart contract platform on Polkadot. In a Thursday announcement, the Moonbeam network said Cream…
Bitcoin bulls aim to flip $30K to support, but derivatives data show traders lack confidence
Bitcoin (BTC) bounced 19% from the $25,400 low on May 12, but has investor confidence in the market been restored? Judging by the ascending channel formation, it’s possible that bulls at least have plans to recover the $30,000 level in the short term.Bitcoin/USD 4-hour price at Bitstamp. Source: TradingViewDoes derivatives data support reclaiming $30,000, or…
Bitcoin’s longest ‘extreme fear’ streak finally breaks
After 73 days of "extreme fear" on the Crypto Fear and Greed Index, investors can breathe a very small sigh of relief. 2767 Total views 6 Total shares Bitcoin (BTC) on Tuesday finally escaped the “extreme fear” zone after a whopping 73 days, coinciding with a 19% weekly increase in Bitcoin (BTC) as bulls make…
‘New Normal Bottom Price for Bitcoin Is $10K,’ Says Advisory Group CEO
Nigel Green, the CEO and founder of financial consultancy firm deVere Group, says that the new normal bottom for Bitcoin (BTC) price is $10,000.BTC price holding $10K level for 3 monthsLondon business news outlet LondonLovesBusiness reported on Aug. 27 that Green said:“Looking at its performance this year, I believe that the new normal bottom price…