MakerDAO is reportedly considering a substantial investment of $600 million in DAI into USDe and staked USDe (sUSDe) via Morpho Labs’ DeFi lending protocol. This move is in line with the growth strategies of MakerDAO and extends the company’s activity in the cryptocurrency lending sector. MakerDAO Proposed Allocation and its Rationale The proposal under consideration […]

The leading global cryptocurrency exchange, Binance, has unveiled its plans to introduce new spot trading pairs for tokens like Bitcoin Cash (BCH), Litecoin (LTC), and others, sparking excitement within the crypto community. Notably, this move comes amid a period of a market downturn, prompting speculation about the potential impact on the prices of these assets. […]

Bitcoin (BTC), the world’s largest crypto, has caught attention today due to the massive price crash. The Bitcoin price slumped below $66,000 after days of sustaining above $69,000. This has sparked concerns regarding a further price slump. However, a crypto analyst believes that a 30% correction in the BTC price could be extremely bullish. Is […]

Robert Kiyosaki, the popular author of “Rich Dad Poor Dad” recently reiterated his commitment to investing in Bitcoin (BTC) after Harry Shuler Dent, an American financial newsletter writer predicted that the coin will fall to $200. BTC To Make Many Millionaires Kiyosaki highlighted that Dent has been writing a lot about “everything.”  As part of […]

Catcoin (CAT) has moved upwards in the last 24 hours amid a wider cryptocurrency crash that sent the market capitalization down 5.2%. The memecoin soared 40.1% today and has to wipe out most weekly losses it recorded after liquidations dominated memecoins.  Catcoin’s daily trading volume spiked 197% to $18.2 million as its community continues to […]

ENA, the native cryptocurrency of the Ethereum-based synthetic dollar protocol Ethena, has registered a strong rally gaining 53% soon within two hours of its successful airdrop. At press time, the Ethena (ENA) price is trading at $0.8846 with its market cap crossing $.126 billion on debut. Ethena (ENA) Airdrop Becomes Big Success The much-anticipated Ethena […]

The market for digital currencies is bustling with anticipation as seven potential Dogecoin ‘killers’ emerge. Shiba Inu Coin (SHIB), dogwifhat (WIF), Pepe (PEPE), BOOK OF MEME (BOME), Dogelon Mars (ELON), Bonk (BONK), and Floki (FLOKI) are poised to outperform Bitcoin in 2024. They are capturing investor interest with their unique features and promising market movements.  […]

Dogwifhat (WIF), a digital asset on the Solana blockchain, has recently shown promising growth. Its market value has climbed significantly over the past month. In the last 24 hours, it experienced a modest increase following several days of market instability, highlighting its volatile nature. Dogwifhat (WIF) Price Analysis: Does Fluctuation Indicate Market Resilience? Currently, the […]

The cryptocurrency market showed signs of a rebound after a string of outflows with Bitcoin (BTC) recording several large-scale exits. On-chain data shows an increasing number of long-term Bitcoin holders moving assets following present market situations. Analysts at crypto data analyst firm CryptoQuant point to a change in BTC supply rate from long-holders to see […]

Officially launched on April 3, 2024 amidst crypto market crash, Wormhole commanded a total market capitalization of approximately 3 billion. Launched on OpenBook decentralized exchange based on Solana, it started trading at a price of $1.61. The bridging protocol distributed 674 million tokens valued at $896 million, amounting to 6.75% of the total supply, to […]