This Is Why Grayscale Is Doubling Down On Its DeFi Bet With New Fund

Digital asset manager Grayscale has launched a new DeFi fund with CoinDesk Indexes, according to a press release. The Grayscale Decentralized Finance (DeFi) Fund will offer its clients exposure to some of the major tokens in the sector. The fund will track the CoinDesk DeFi Index, created on May 10, 2021, to “measure the investable… Continue reading This Is Why Grayscale Is Doubling Down On Its DeFi Bet With New Fund

Major Korean Bank Set To Provide Cryptocurrency Custody Services

Woori Bank, the South Korean financial institution, enters the DACS (cryptocurrency custody services) market. The Woori Financial Group will start offering its client cryptocurrency custody services. It is among the largest South Korean financial institutions. Related Reading | Nifty’s Inc. Partners With Warner Bros To Roll Out A Social NFT Platform The banking unit of… Continue reading Major Korean Bank Set To Provide Cryptocurrency Custody Services

XinFin Network (XDC) Now Listed on Crypto Exchange Bittrex Global

Leading crypto exchange Bittrex Global has now listed XDC. Users will have access to the projects powered by XDC. Read here. XinFin’s Mainnet Token XDC is now available on a leading cryptocurrency exchange Bittrex Global. Bittrex has listed XDC on July 13, 2021. 🚨 #NewListingAlert 🚨The XDC Network (XDC) wallets are now enabled.The the BTC-XDC… Continue reading XinFin Network (XDC) Now Listed on Crypto Exchange Bittrex Global

Why A Bitcoin Spike To $33,000 Could Signal Danger For Retail Investors

Bitcoin has jumped back from its critical support zone at $31,200 and trades at $31,835, at the time of writing. The first cryptocurrency by market cap has seen an increase in selling pressure during this week. Experts predict another capitulation event, but they can’t agree on the timing and volatility. BTC with small gains in… Continue reading Why A Bitcoin Spike To $33,000 Could Signal Danger For Retail Investors

Cardano (ADA) Launches Crypto Charity Platform With Rwanda-Based NGO

Cardano has announced that Rwanda’s Save the Children foundation had become the latest charity organization to embrace cryptocurrencies. The partnership came to fruition when Cardano had successfully installed a payment gateway that allowed the NGO to receive donations using Cardano’s native currency ADA. The statement released on the Save the Children website explained that thousands… Continue reading Cardano (ADA) Launches Crypto Charity Platform With Rwanda-Based NGO

TA: Ethereum (ETH) Tumbles, Why Key Indicators Suggest More Pain

Ethereum declined below the main $2,000 support zone against the US Dollar. ETH price is showing bearish signs and it remains at a risk of more downsides below $1,800. Ethereum extended its decline below the $2,000 and $1,920 levels. The price is now trading well below the $2,000 resistance and the 100 hourly simple moving… Continue reading TA: Ethereum (ETH) Tumbles, Why Key Indicators Suggest More Pain

Jelurida’s Sustainable and Energy-Efficient Ecosystem Is a Great Sign For The Blockchain Universe

There is no denying the fact that mining cryptocurrencies and processing decentralized transactions demand large amounts of energy. As per the Bitcoin Energy Consumption Index, the total energy consumption of the Bitcoin network tops 131.12 TWh – that’s almost equal to the total power consumption of Argentina. Experts claim that the energy consumption and electronic… Continue reading Jelurida’s Sustainable and Energy-Efficient Ecosystem Is a Great Sign For The Blockchain Universe

Where To Stake Your Crypto During a Bear Market?

Under normal circumstances, it’s harder to make money during a <a class="wpg-linkify wpg-tooltip" title=" Bear Bear market is defined as a decreasing set of prices for various types of assets. A bearish investor wants to profit from the movement of dropping prices. You can think of a bear, swinging his big paw downward on the… Continue reading Where To Stake Your Crypto During a Bear Market?

Bitcoin Historical Volatility Fractal Points To Brewing Bullish Explosion

Bitcoin price has been trapped in a tightening trading range and has barely moved in weeks. The top cryptocurrency by market cap has been boring compared to its characteristically volatile self.  Looking back at the asset’s historic volatility, a fractal pattern could be forming that suggests the price per BTC is about to blast off… Continue reading Bitcoin Historical Volatility Fractal Points To Brewing Bullish Explosion

Ethereum Price Struggles As London Hard Fork Looms, Falls 4% To Lose $2,300 Hold

A recent market crash has seen the price of ethereum crumble as the market prepares for the launch of the London Hard Fork. The fork has been scheduled to go live on August 4th this year and so far, investors seem to be very interested in this move. Demand for ethereum has gone up in… Continue reading Ethereum Price Struggles As London Hard Fork Looms, Falls 4% To Lose $2,300 Hold