Market Update Report August.14 A tough week went by in the crypto market and a lot of blood spilled over the currency rates.This continues to feel the ongoing correction of the mad rises from last year.The FOMO feeling was replaced by the FUD, which is hurting the market with brutal declines and bringing Bitcoin to the lowest… Bitcoin Having Hard Times At $10K While Wall Street Breaking Records: The Crypto Weekly Market Update To say that this week has been a wild ride is definitely an understatement.Bitcoin’s price went nuts and kept everyone on edge.In the span of 24 hours, BTC went to surge from $9,400 to almost $10,500 and then back to $9,400 and even lower down to $8,600 on BitMEX.This whole ordeal saw… DeFi Adoption: Andreessen Horowitz Invests $25 Million In Compound Lending Decentralized Finance (DeFi) is among the fastest-growing trends that are based on blockchain.The well-known venture capital firm Andreessen Horowitz has recently invested $25 million in a DeFi project called Compound, thus continuing its involvement in the field.
$25 Million Raised For a DeFi Project Andreessen Horowitz reportedly invested $25 million in a DeFi company… “We are witnessing a move to a VC-like world”: Iconomi on the future of ICOs The cryptocurrency market has been facing a “Great Depression” over the last eight months.
Cryptocurrency investors lost interest in Bitcoin once its price broke ATH in December 2017.Unfortunately, Ethereum also failed to hold its stability during this time and has largely wasted the funds it collected as the crypto market capitalization dropped like a… Free DeFi Money: MEME Airdrop Now Worth $700,000 The DeFi space continues to amaze with stunning developments happening on a daily basis.Announced on August 18th through a Medium Post, Meme protocol is quickly catching speed with its native token hitting almost $2,000 a couple of hours back.The interesting thing is that it has a very limited supply of 28,000 tokens and… Bitcoin Options Trading Records All-Time Low On CME And Sees No Action On Bakkt Days after the significant volatility and Bitcoin price declines, Bitcoin Options trading volume on regulated exchanges sees record-breaking lows.
While CME’s Options platform recently hit its all-time low level, Bakkt’s situation is even worse without any action for weeks.CME’s Bitcoin Options Volume ATL In the middle of March, the cryptocurrency market, along with most… Hong Kong And Thailand’s Central Banks Closer To Issuing Their Own Cryptocurrency (CBDC) The central banks of Hong Kong and Thailand revealed today in a published report that they are a step closer to creating a joint Central Bank Digital Currency (CBDC) to facilitate efficient payments between the two countries.
The banks confirmed that the upcoming CBDC dubbed Project Inthanon-LionRock is technically feasible and will utilize the blockchain… Ripple Price Analysis: XRP Struggles Despite The Recent Bitcoin Rally XRP saw a small price increase of around 1.48% over the past week and it currently trades at $0.2975.The cryptocurrency has been relatively quiet whilst the rest of the market surged and it failed to close above the $0.30 resistance level.This is perhaps due to the fact that XRP began to fell against… Tron (TRX) Is Listed At KuCoin’s State-Of-The-Art Blockchain Asset Exchange The continuous inclination of the blockchain powered decentralized projects has uncovered another unique system, the Tron Network.It is blockchain-based platform establishing a truly decentralized Internet.
As part of their expansion, they are announcing that they have listed their transaction currency TRX to one of the most popular cryptocurrency exchange platform, KuCoin.Deposits are now… .
