defi
The crypto market remained relatively muted on Wednesday, with top assets recording minor movements over the past day. Bitcoin and Ethereum lost 0.42% and 0.09%, respectively, in the past 24 hours. Amid calmness before a storm that takes BTC past the $70K monthly highs, Blackjack’s ($JACK) unique presale is about to go live on Solana today (July 31). Notably, the new project will arrive with an 85% fair launch, setting new standards in the meme crypto sector. Let’s dig more about Blackjack and how it plans to dominate the gambling and crypto world. Blackjack and its distinctive presaleBlackjac...
Invezz
Tria, the consumer-first modular chain abstraction platform, has expanded to the Injective blockchain network. INJ price was down 6% on Tuesday despite the positive development. On July 30, the Tria team announced the introduction of Unchained on Injective. Per the announcement, this integration will allow users to connect to any chain on Injective using any crypto asset. There will be no need for bridges, swaps or the requirement to pay gas, Tria revealed. According to Injective Labs CEO Eric Chen, the integration means barriers and complexities that have burdened users will no longer matter....
Invezz
Iakov Levin, co-founder of rivo.xyz, is at the forefront of transforming the financial landscape through decentralized finance (DeFi) and blockchain technology. In an exclusive interview with Invezz, Levin shared his insights on the evolution of DeFi, blockchain technology, and the challenges facing the crypto industry. The evolution of DeFi and crypto market volatilityInvezz: What is your perspective on the current state of DeFi, and how do you see it evolving over the next five years? The first phase of DeFi, which gained traction in 2021, focused on building infrastructure for various token...
Invezz
While crypto enthusiasts celebrate Bitcoin’s move towards the $70K mark, Algorand (ALGO) investors count significant losses. Data shows that 92% of ALGO holders are counting losses at current prices. Only 5% are in money, with 3% at break-even. That comes after Algorand’s bearish actions over the past few months. The altcoin has plunged 55.2% from its 2024 high of $0.3189, attained in March, to trade at $0.1441 at press time. ALGO holders in redIntoTheBlock data demonstrates the bearishness that has engulfed the altcoin lately, with over 90% of investors out of money. That means the current AL...
Invezz
Skycoin (SKY) is aiming to revolutionize the internet by leveraging decentralized setups to challenge existing centralized networks. As digital assets continue to demonstrate their transformative power, Skycoin stands out by targeting the untapped potential of the internet revolution, rather than focusing solely on the financial sector. In the era of Web3, which aims to replace centralized networks with blockchain-powered decentralized platforms, Skycoin developers have created a platform resistant to manipulation and centralization, utilizing the innovative Obelisk algorithm. At the core of S...
Invezz
THORChain (RUNE) is among the altcoin topping charts on Friday as bulls dominate the crypto market. The alt jumped from the daily low of $4.23 to $4.79, a 13.23% increase in the past day. While THORChain mimics revivals in the crypto market, ongoing RUNEPool developments extended RUNE’s upside. RUNE holders display optimism as the RUNEPool launch nears – a game-changer move for the blockchain. RUNEPool catalyzes RUNE recoveryRUNEPool will likely launch next week as a vital product in leveling up RUNE’s ecosystem by locking more assets than ever, potentially boosting the network’s demand. With ...
Invezz
Bancor (BNT) has recently faced a notable decline in its price, slipping by 7% in the past 24 hours to a current value of $0.5829. Despite this short-term downturn, the token remains resilient, demonstrating a remarkable 56.6% increase over the past year. This impressive long-term growth is underpinned by a series of significant developments within the Bancor ecosystem after Bancor v3 was launched, particularly the Concentrated Liquidity 2.0, which went live on May 23, 2024, and the decentralized exchange (DEX), Carbon DeFi, which launched on Sei Network v2 on June 17, 2024. Concentrated Liqui...
Invezz
As Cardano approaches the highly anticipated Chang upgrade, its native cryptocurrency ADA is experiencing notable market movements and heightened investor interest. The Chang update marks the beginning of the Voltaire era, which promises to introduce decentralized governance mechanisms, setting the stage for Cardano’s next phase of growth. Inflow of Cardano’s large holders increaseRecent data highlights a surge in Cardano’s large holders’ inflow, demonstrating a dramatic 10,878% increase in just one day. On July 22, these addresses saw an inflow of 5.14 billion ADA, valued at approximately $2....
Invezz
Meme coins have become a significant part of the cryptocurrency landscape, with Dogecoin leading the charge. However, new contenders like Mpeppe (MPEPE) and Poodlana (POODL) are making waves in this space. Both coins are leveraging unique strategies and community engagement to carve out their niches in the market. Mpeppe is currently trading at a presale price of $0.00107 USDT, with nearly 44% of its tokens sold in stage 2 of the presale. Unlike traditional meme coins, Mpeppe combines decentralised finance (DeFi) and gaming platforms to offer distinctive value propositions. Mpeppe’s DeFi featu...
Invezz
Swipe (SXP) is revving up as it prepares for a major milestone: the launch of its highly anticipated Solar card in August. Despite the current sideways movement in the crypto market, Swipe is set to gain momentum, positioning itself as a key player in the forthcoming bull run. Here’s why the Solar card could be a game-changer for Swipe and its community. The upcoming Solar card, set to debut in over 200 countries, promises to revolutionize how SXP enthusiasts interact with both fiat and cryptocurrency. This innovative debit card is designed to seamlessly integrate digital coins with traditiona...
Invezz
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