Risk-Aversive Bets Reigned Amid Terra’s Notorious Plunge (Report)

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Crypto exchange Bybit collaborated with blockchain analytics platform Nansen to publish another monthly report on the state of the crypto industry. It focused on the broader market condition, DeFi activities, and NFT markets. The paper regarded Terra’s notorious collapse as fundamentally destructive to the nascent crypto community but beneficial to other Layer-one competitors since they … Read more

Cosmos (ATOM) Skyrockets 12% Following Bitcoin And Ethereum Recovery

cosmos-(atom)-skyrockets-12%-following-bitcoin-and-ethereum-recovery

The crypto market is showing signs of recovery, and it seems Cosmos has also been pulled in the same direction with an increase of 12% in the last 24 hours. Cosmos (ATOM), the 27th biggest cryptocurrency, has a total market cap of $3.2 billion. ATOM, the token that fuels the Cosmos blockchain network, has been … Read more

Crypto Bloodbath Impact: DeFi TVL Sinks to Lowest Levels Since June 2021

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The recent crypto market downturn has not only hurt retail investor sentiment but also the decentralized finance space. According to the popular resource and aggregator DeFi Llama, the total value locked across various chains has declined to levels last seen in June 2021. DeFi Total Value Locked. Source: DeFi Llama   Bitcoin, for one, has … Read more

Coinbase Leads Users Astray By Recommending Everything Besides Bitcoin

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Coinbase capitalizes on the altcoin craze to profit off users. Their “Top 10 Picks” omits bitcoin and everything else on the list has performed poorly. The below is a direct excerpt of Marty’s Bent Issue #1212: “Save a friend, tell them to get out of the Coinbase casino.” Sign up for the newsletter here. (Source) … Read more

Cosmos price rebounds 45% in one week despite Terra’s debacle — what’s next for ATOM?

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ATOM’s ascending triangle setup opens up the possibility for another major crash by June 2022. Cosmos (ATOM) emerges as the biggest gainer among the top cryptocurrencies this May 20, brushing aside the fears about its association with Terra (LUNA), an algorithmic stablecoin project whose market valuation fell by 99% last week. Cosmos TVL down from … Read more

Swiss Asset Manager Vowed to Launch DeFi Services Within 3 Years

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Julius Baer Group – the Swiss private bank with over $110 billion in AUM as of 2021 –  revealed that it will offer digital asset services to high-ended clients. A pilot program has been currently installed to test token booking, trading, and compliance. The group will integrate cryptocurrencies into its wealth management services by first … Read more

How NFTs are making real estate investments more attainable

how-nfts-are-making-real-estate-investments-more-attainable

Although real estate is often considered a safer investment over stocks, it isn’t for everyone, a reality leading many to look to the digital realm as an alternative. Analysts continue to view real estate as a secure and lucrative investment based on its history of higher returns, especially when compared to traditional stocks.  In many … Read more

Declining Celsius Yields Ignite Investor Concerns: Reports

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Reports are suggesting that all may not be well at the Celsius crypto lending platform. Some customers claim they have been unfairly wiped out, while company CEO Alex Mashinsky asserts that malicious actors are trying to collapse the system. Celsius is one of the crypto industry’s largest lenders, with $11.8 billion worth of assets. The … Read more

Solana-based DeFi Land Launches its First Play-to-Earn Game

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DeFi Land, a multi-chain agriculture simulation gaming project built on the Solana blockchain, has unveiled its first play-to-earn game created to gamify all aspects of decentralized finance (DeFi). DeFi Land Launches New P2E Game As per the press release shared with CryptoPotato, the game, scheduled to go live on May 18th at 8 PM UTC, … Read more