PERP and DYDX are the two DeFi tokens leading the current boom in the crypto market. PERP token has recorded a 55% gain in the last 24 hours, taking its trading price to $17, according to data from Messari.
On Friday, the Chinese Central Bank declared cryptocurrency activities illegal in the country and vowed to crack down on all cryptocurrency activities within its boundaries yet again.
The Worthpad ecosystem is building out its platform to serve as a one-stop shop for all things DeFi.
Apart from the ban on mining, China has extended its crackdown to cover all information and financial services related to crypto.
Decentralized social network protocol, Grape Network, has now raised $1.8 million. Last week, the company raised $600, 000 during its token sale. Now, it has raised an additional $1.2 million in a new funding round led by Multicoin Capital.
The transfer of the digital agent role has enabled the burning of the fund’s existing outstanding balances, spontaneously being redeemed through Securitize’s new smart contract to each shareholder.
JPMorgan noted that the 21-day moving average for ethereum futures premium rose to 1% over actual ether prices, according to metrics provided by CME.
BabelFish combines liquidity from several issuers and chains and has become the largest stablecoin on RSK as the meta-stablecoin XUSD raked in $10 million in deposits within just two months of being live on mainnet.
In addition to Diamond Hands Pass NFTs, the WSB has unveiled 153 unique artwork traits and 40,600,560 unique possibilities.
Bitcoin price is still trapped in a recent dip that saw the asset shed over 11% in the past 30 days.
With this new feature, people will be able to buy daily items of use or make even bigger purchases like NFT through their acquired BTC and ETH that are stored in their Robinhood crypto wallet.
Taking a peek into the social finance (SoFi) product suite will give a perfect reason why the Jefferies analyst is bullish on the stock.
Although unconfirmed from an ECB source, Nexi CEO is bold in his assertions that his company is helping to shape ECBs approach to CBDCs.
Novogratz says that the price drop is healthy for the system given that the market had spent several months in bullish mode.
While the market still reflects fierce price swings and a taxing mid-year slide, many investors have started engaging in the crypto space, shooting the prices of Bitcoins and altcoins.