Category: Market Analysis

Altcoin Roundup: DEXs come to the rescue after China bans crypto

Altcoin Roundup: DEXs come to the rescue after China bans crypto

Over the past few months, there have been some major developments coming out of China that have rocked the cryptocurrency market and the global financial markets. China’s Evergrande debt repayment crisis sent shockwaves throughout global equities markets, as well as the United States Securities and Exchange Commission’s (SEC’s) consistent signaling of upcoming regulation for stablecoins […]

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Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high

Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high

Bitcoin (BTC) looks to reclaim $45,000 on Oct. 1 as the U.S dollar retreated lower after hitting its one-year high. Bitcoin’s tight inverse correlation with the greenback over the past month suggests that a weakening dollar could push BTC price even higher in the coming sessions.  Bitcoin-dollar correlation on hourly chart. Source: TradingView.com Dollar drops […]

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Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms

Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms

Layer-2-based DeFi and DEX platforms have seen an incredible surge in user activity, revenue and total value locked since the launch of Arbitrum and Avalanche’s cross-chain bridge. 6185 Total views 16 Total shares In the increasingly competitive landscape of blockchain technology and cryptocurrencies, protocol innovation and the ability to solve the biggest problems facing the […]

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