The crypto fear and greed index dropped to the fear zone of 34 this week as Bitcoin and other cryptocurrencies experienced their worst week of the year. The index is one of the most prominent sentiment gauges in the financial market and looks at important gauges like the CBOE VIX index, put and call options, […]
The 10-year US Treasury note yield decreased from its 16-year high, giving stocks a lift, as dismal business activity statistics from the US and Euro Zone suggested global disinflation. Five stocks that were negatively affected by this news were Bruush Oral Care Inc. (NASDAQ: BRSH), Foot Locker Inc. (NYSE: FL), Tivic Health Systems Inc. (NASDAQ: […]
Coinbase, a major U.S. crypto exchange, has recently launched its own blockchain project called Base. One of its applications, Friend.tech, has become increasingly popular, with over 100,000 users and generating more than $25 million in fees. Friend.tech allows users to purchase shares of X (Twitter) influencers and was recently funded by the crypto-focused venture-capital firm […]
Kresus Labs has launched its decentralized applications (dApps) marketplace for the Polygon ecosystem, powered by the Meroku Protocol. The Kresus Marketplace is integrated into the Kresus SuperApp, allowing users to easily access, navigate and explore the Polygon ecosystem. Popular dApps include DeFi, GameFi, social networks and digital identities.The Kresus SuperApp has a UX that is […]
Near Protocol, a blockchain operating system, has recently announced a strategic integration with leading crypto exchange Nexo. This collaboration allows Nexo users to deposit and withdraw NEAR tokens on the exchange platform. Additionally, Near Protocol has partnered with Tokenproof, a startup specializing in connecting brands and audiences through token-based experiences. This integration into the Near […]
Hedera Hashgraph has shown resilience in the face of a gloomy crypto market, with its total value locked (TVL) surging by 10% over the past week and 26% over the last month. The network has now surpassed 18 billion transactions and its cryptocurrency $HBAR is up by more than 16% over the last two weeks.Dropp, […]
Shiba Inu’s (SHIB) layer-2 scaling solution, Shibarium, is set to reopen to the public after experiencing technical difficulties last week. The project’s lead developer, Shytoshi Kusama, has announced that testing and tweaks of Shibarium have been successful in preventing the network issues that caused its closure.Kusama has also enabled a new monitoring system and additional […]
Balancer Labs recently announced a critical vulnerability report affecting a number of V2 Pools. The firm took action to secure the majority of the total value locked (TVL) but some funds remain at risk. Users were advised to withdraw from affected liquidity pools immediately.The project reassured users that the majority of funds on Balancer are […]
Crypto enthusiasts are eagerly awaiting the third bullish golden cross in XRP’s history. A golden cross is when shorter moving averages surpass or cross long-term moving averages, indicating a shift from bearish to bullish. Popular analyst Egrag Crypto recently tweeted that the XRP community should prepare for the incoming bullish cross.Egrag’s analysis shows that every […]
Raoul Pal, a former Goldman Sachs executive, believes that the total market capitalization of cryptocurrencies will soon reach $10 trillion as institutions invest in the digital assets space. He believes that family offices, which typically take on higher than average risk, were the first to invest in the space. Pal believes that institutional investment in […]
