All articles tagged with #defi
Originally Published 3 months ago — by AMBCrypto
Uniswap's UNI token has recently declined but could see a bullish revival if Bitcoin and DeFi sentiment improve, with potential resistance levels at $12, $15, and $19, depending on market conditions and a breakout above key support levels.
Originally Published 3 months ago — by AMBCrypto
Joseph Lubin, founder of Consensys, confirmed that MetaMask will issue a token to support its DeFi initiatives, with the launch potentially happening sooner than expected, though no specific timeline or tokenomics have been disclosed. The platform has experienced significant growth and expansion, including launching a stablecoin and supporting new markets, despite past legal challenges. Market odds for the token's release have fluctuated, and community engagement through point systems may influence its launch.
Originally Published 4 months ago — by AMBCrypto
Cardano's ADA is approaching a potential breakout towards $3.50 driven by the upcoming Voltaire upgrade, increased DeFi activity, and whale investments. Technical signals and historical patterns suggest bullish momentum, but risks like slow development, competition, and market conditions remain. The success of the Voltaire transition is crucial for its future growth.
Originally Published 4 months ago — by Cointelegraph
Billionaire Chamath Palihapitiya filed a $250 million SPAC called American Exceptionalism Acquisition Corp to target DeFi, AI, energy, and defense sectors, emphasizing the future of decentralized finance over Bitcoin as a bridge to traditional markets. Despite a mixed record with past SPACs, Palihapitiya remains optimistic about crypto's mainstream acceptance, especially after regulatory crackdowns have eased. The SPAC aims to leverage DeFi's potential to disintermediate traditional finance, with a focus on integrating blockchain solutions into conventional sectors.
Originally Published 5 months ago — by Cointelegraph
Bitcoin has hit a new all-time high of $124,500, with predictions that its next move could either be a major surge or a pullback as altcoins enter a 'mania' phase, potentially leading to a temporary dip in Bitcoin's price. Experts suggest that after this altcoin rally, Bitcoin may resume its upward trend, especially as Bitcoin dominance declines and DeFi assets gain popularity. The market is at a pivotal point, with significant shifts expected between Bitcoin and altcoins.
Originally Published 5 months ago — by Decrypt
The Ether Machine, a new company debuting on Nasdaq with a $1.5 billion Ethereum reserve, plans to grow its holdings through staking and DeFi strategies, aiming to become the largest holder among strategic Ethereum reserves, with notable investments from industry leaders and firms.
Originally Published 5 months ago — by Cointelegraph
Crypto Week concluded with significant regulatory progress, notably the passage of the GENIUS Act, which provides legal clarity for digital assets and stabilizes the foundation for future innovation in crypto and DeFi. Experts see this as a starting point for broader adoption and integration, emphasizing the need for scalable infrastructure, user-friendly systems, and credible markets to realize crypto's full potential.
Originally Published 5 months ago — by Cointelegraph
The GENIUS Act aims to prevent Big Tech and Wall Street from dominating the stablecoin market by imposing strict rules on non-bank issuers and banning interest-bearing stablecoins, potentially boosting DeFi platforms and reshaping the digital currency landscape in the US.
Originally Published 5 months ago — by Cointelegraph
The US GENIUS bill's ban on yield-bearing stablecoins is expected to boost demand for Ethereum-based DeFi applications, as investors seek alternative ways to generate passive income, potentially leading to increased institutional interest and a shift in the stablecoin landscape.
Originally Published 6 months ago — by AMBCrypto
Memecoins are losing momentum as smart money shifts towards utility tokens, with notable outflows from memecoin holdings and increased interest in utility-driven projects like Solana and Ethereum. The recent surge in memecoin market cap is fading, and projects attempting to evolve beyond meme status face challenges in attracting serious VC backing, indicating a potential decline in memecoin popularity.
Originally Published 6 months ago — by Blockster
The article discusses the top 8 free cloud mining platforms backed by crypto experts that allow users to earn Bitcoin daily without any investment, highlighting the growing interest in accessible cryptocurrency mining solutions.
Originally Published 6 months ago — by AMBCrypto
The BNB Chain (BSC) has upgraded its Maxwell protocol, reducing block time from 1.5s to 0.75s, resulting in a higher transaction throughput and increased on-chain activity, including more active addresses and higher DEX volume compared to Ethereum. However, Ethereum still leads in total value locked and protocol revenue, indicating a structural difference where BSC focuses on speed and scale, while Ethereum remains the hub for capital-intensive DeFi. The upcoming Ethereum Glamsterdam upgrade could challenge BSC's speed advantage, intensifying the competition in DeFi dominance.
Originally Published 6 months ago — by Ripple
The XRPL EVM Sidechain is now live on mainnet, enabling Ethereum-compatible smart contracts and cross-chain DeFi applications on the XRP Ledger, leveraging its security, liquidity, and scalability, and opening new opportunities for developers and institutions.
Originally Published 6 months ago — by Yahoo Finance
The Trump family has reduced its stake in the crypto venture World Liberty Financial from 60% to 40%, marking a silent exit from the high-stakes project, which is part of their broader involvement in various crypto businesses.
Originally Published 7 months ago — by Decrypt
Ethereum-based DeFi governance tokens like Uniswap, Aave, and Sky surged after SEC Chair Paul Atkins announced plans to create an 'innovation exemption' for crypto projects, signaling a more accommodating regulatory approach that could boost DeFi adoption and influence Ethereum's price.