DeFi

The last week’s astronomical price rise from the $25,071 demand level into the $30,000 price zone has encouraged many bulls to hop on board. This has significantly minimized the price retracement action as the support level at $30,000 strengthens. The market will likely consolidate above this price level for a while before finding a clear […]

So far, Ethereum staking has attracted $35 billion since December 2020. Liquid Staking Derivatives (LSDs) have low entry barriers; therefore, they represent 30% of the total amount of ETH staked. Liquid Staking began to gain popularity after the launch of the Beacon Chain in December 2020. This was when the Ethereum network switched from the […]

This article provides a thorough examination of the imminent, eagerly anticipated release of Uniswap version 4, or V4. There have been two significant features announced for V4, even though the code isn’t yet finished: Hooks: The main characteristic that distinguishes Uniswap V4 is the hook. Hooks make it possible to customize pools much more than […]

The modern cryptocurrency market runs on stablecoins due to their stability in value. Traditional cryptocurrencies like Bitcoin and Ethereum behave more like tech stocks than they do like secure repositories of wealth because of their high volatility. The need for digital assets with stable values has increased, along with investors’ interest in cryptocurrencies. To meet […]

Since 2021, the BNB chain has been making waves in the decentralized finance (DeFi) sector. It currently holds almost 9% of the market share. It is also now becoming a formidable competitor with some of the top DeFi platforms, such as Ethereum and Tron. BNB is an appealing alternative to Ethereum due to its user-friendly […]

Despite the 18-month price decline, current data shows that more people than ever are investing in the cryptocurrency market. According to a survey sponsored by Michael Weber, a professor of finance at the University of Chicago, 12% of investors owned cryptocurrency in December 2022, up from just 2% in 2018. The Pew Research Center also […]

Yield farming has been described as the DeFi ecosystem’s lifeblood or rocket fuel. During a time when traditional banks were offering exceptionally low loan rates, yield farming produced substantial yields. Over the next two years, yield farming drew more than $150 billion into DeFi protocols, solidifying it as the “next big thing” in crypto. According […]

Solana, a Layer 1 blockchain network, faced challenges as one of the first blockchain platforms to adopt artificial intelligence as a measure to fight its downtrend. Recently, Solana released its brand-new ChatGPT plugin, which allows users to buy NFTs, send tokens, and examine on-chain data. On Github, you can download the plugin. The CEO of […]

Through Bitcoin ordinals, non-fungible tokens (NFTs) are introduced to the blockchain of Bitcoin. The intrinsic value of Bitcoin is increased by this novel strategy, and long-term investors are given new possibilities to participate in bitcoin-based NFTs. Non-fungible tokens (NFTs) have been making waves in the cryptocurrency investment market since 2021. They are now also prepared […]

The Ethereum merge is now 250 days old, and the demand for staking ETH has continued to increase. Also, due to the Shapella upgrade last month, which permits the withdrawal of staked ETH, demand for validators on the Ethereum network has increased dramatically. At the very early stage of the Shapella upgrade, the Ethereum network […]