$1.4 Billion Pours Into Crypto — What’s Driving The Surge?
The Crypto Fear & Greed Index climbed above 29 on Monday for the first time since January 29, pulling out of “extreme fear” and settling into plain “fear.” It is a small move on a scale, but in crypto markets, it signals a shift in mood that money tends to follow. Related Reading: XRP A Strong Buy Before 2027 Despite 27% Drop In 2026: Finance Advisory Firm Funds Flow Back In Crypto investment products drew $1.4 billion in fresh inflows last week, according to data from CoinShares — the second-largest weekly figure recorded since January. The gain built on the prior....
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Dogecoin’s playful origins ignited the memecoin phenomenon, and now, a fresh wave of these digital tokens are clawing their way back into the crypto spotlight. The market cap of memecoins, inching closer to the $50 billion mark, is experiencing a resurgence fueled by a combination of technological advancements, celebrity endorsements, and the ever-present buzz of […]
A 24-year-old French-Moroccan man has been arrested in Morocco after being linked to a string of recent kidnappings in France aimed at stealing crypto. Based on reports, Badiss Mohamed Amide Bajjou was taken into custody by Morocco’s national police on June 4. Related Reading: Caffeine And Bitcoin: Spanish Coffee Brand Pours $1 Billion Into Crypto […]
Trading volume, tools, altcoins, regulated DeFi and security solutions will continue to shape the institutional crypto market. 2021 was a big year for cryptocurrency. El Salvador became the first country to adopt Bitcoin (BTC) as legal tender. In November 2021, the price of Bitcoin hit an all-time high approaching the psychologically significant mark of $70,000. And, all along the way, industry influencers like Elon Musk have been tweeting their enthusiasm about cryptocurrency more broadly.I anticipate 2022 will continue to be an even bigger year for digital currencies as the market grows....
Decentralized exchange volumes reached a record $55-billion high in January as Uniswap and SushiSwap saw a significant surge in activity. Decentralized finance (DeFi) has emerged as one of the driving forces of crypto sector growth, and it is also establishing itself as an integral component driving widespread adoption of cryptocurrencies. A recent report from Delphi Digital points out that there has been a 440% increase in “the circulating market cap of leading DEX protocols over the past 30 days,” which has also led to “the trading volume they facilitate to rise along with....
Lido DAO (LDO), the driving force behind the revolutionary liquid staking protocol for Ethereum (ETH), has displayed an impressive 7.41% ascent in its Total Value Locked (TVL) over the course of the last seven days. This robust surge in TVL has positioned Lido Finance as a prominent contender in the decentralized finance (DeFi) landscape, illustrating its resilience amidst a fluctuating market. According to the latest data from DeFiLlama, Lido Finance’s TVL witnessed a notable augmentation, securing its place as the most substantial growth among the top five DeFi protocols. This....