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The total-value-locked (TVL) on Mantra’s RWA blockchain protocol reached a yearly high despite OM’s 90% price crash. Mantra TVL surges 500% following OM’s crash As of April 15, Mantra’s TVL (in OM terms) jumped to 4.21 million OM (~$3.24 million), an increase of over 500% from two days prior, according to data resource DefiLlama. Mantra’s …
Continue reading “Red flag? Mantra's TVL jumped 500% as OM price collapsed”
After consecutive drawdowns of 17.39% and 2.3% in February and March, Bitcoin’s (BTC) Q2 is shaping up nicely, with a return of 3.77% in April. While fresh yearly lows were formed at $74,500, BTC is currently closer to $90,000 than its new range bottom. Bitcoin 1-day chart. Source: Cointelegraph/TradingView Bitcoin’s higher time frame (HTF) market …
Continue reading “Bitcoin price recovery could be capped at $90K — Here’s why”
Bitcoin miner Bitdeer is reportedly expanding its self-mining operations and investing in United States-based production as looming trade wars rock global supply chains and cryptocurrency markets. Bitdeer has begun prioritizing mining Bitcoin (BTC) itself in response to cooling demand for its mining hardware from other miners, Bloomberg reported on April 15. “Our plan going forward …
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Synthetic stablecoin developer Ethena Labs is winding down its German operations less than a month after regulators identified “deficiencies” in its dollar-pegged USDe (USDE) stablecoin, signaling heightened scrutiny around crypto assets in Europe’s largest economy. Ethena Labs reached an agreement with Germany’s Federal Financial Supervisory Authority, also known as BaFin, to cease all operations of …
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Opinion by: Blake Cassidy, CEO of Bamboo Crypto podcasts have been newcomers’ go-to source of information, helping bring crypto into the mainstream. Podcasters must remember, however, that fresh faces are constantly tuning in as they grow. While you may say, “FOMO, buy the dip, ignore the FUD because WAGMI,” your poor listener — tuning in …
Continue reading “Crypto podcasters should always assume their audience knows nothing”
Bitcoin (BTC) eyed new April highs at the April 15 Wall Street open amid skepticism over BTC price strength. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin price faces multiple resistance hurdles Data from Cointelegraph Markets Pro and TradingView showed BTC/USD seeking to break through $86,000. Continued strength through the weekend had set up the pair for …
Continue reading “Bitcoin trader doubts breakout 'significance' as BTC price nears $87K”
Ether’s (ETH) market is very close to hitting all-time lows as a classic bearish chart pattern hints at a deeper correction toward $1,100. Ethereum’s market dominance keeps falling On April 9, Ethereum’s market dominance, or the measure of Ether’s share of crypto’s overall market capitalization, hit a new multiyear low of 7.18%, according to Cointelegraph …
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The recent collapse of the Mantra (OM) token triggered comparisons to the infamous Terra ecosystem crash in May 2022, with some commentators referring to Mantra as the “next Terra.” Still, many in the community argue that the two projects share nothing in common besides visual similarities in price charts. “While it’s tempting to draw parallels …
Continue reading “Mantra and Terra Luna: Nothing in common but a token crash”
Market data shows PumpSwap, the decentralized exchange of memecoin launch platform Pump.Fun, processed $2.5 billion of trades last week. DefiLlama data shows that in the week of April 6, PumpSwap saw a trading volume increase of nearly 40% over the previous week starting on March 30, with its trading volume of $1.8 billion. Since its launch in …
Continue reading “Pump.Fun’s PumpSwap DEX processed $2.5B of trades last week, up 40%”
Decentralized exchange (DEX) KiloEx has offered the hacker who exploited $7.5 million in crypto from its platform a 10% white hat bounty. On April 15, KiloEx posted an offer directed to the hacker who stole millions from the DEX. KiloEx said it had worked with law enforcement, cybersecurity agencies and exchanges to uncover information about …
Continue reading “DeFi platform KiloEx offers $750K bounty to hacker”
