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Investing
DeFi Protocol Maverick Unveils UniSwap Rival Decentralized Exchange on Ethereum
Maverick Protocol said its automated market maker algorithm offers investors more customization and the potential to earn greater profits than on top decentralized exchange UniSwap.
Bitcoin Rebounds Above $22K, Equities Struggle After Fed Chair Powell Says Rates Are ‘Likely to Be Higher’
Over 70% of traders now see the possibility of a 50 basis point rate hike at the March FOMC meeting. Bitcoin has dropped 1.6% in the past 24 hours but remained rangebound.
Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko
Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.
Bitcoin Continues Trading Sideways at $22.4K as Silvergate Concerns Mount
BTC has traded in a narrow range since it dropped sharply last Thursday because Silvergate’s woes have grown increasingly apparent.
Tether's USDT Stablecoin Market Share Rises to Highest Level in 15 Months
USDT’s market share among stablecoins surpassed 54% on Monday, its highest level since November 2021.
Ethereum’s Shanghai Upgrade Will Not Crash Ether Price, Analysts Say
Crypto analysts CoinDesk interviewed are saying concerns are overblown and selling pressure will be limited.
Bitcoin Price Holds Steady Above $23K as Silvergate Capital Crumbles
That Silverage’s troubles are not a negative catalyst for BTC’s price “has to be seen as a positive,” one analyst says.
Xmon Tokens Fall 80% After End of SudoSwap Lock Drop Program
Traders initially bid up prices of Xmon to get an airdrop of sudo, the governance tokens of SudoSwap.
Bitcoin Holds Strong Over $23.6K to Continue Recent Consolidation
DeFi giant Maker’s MKR token surged nearly 19%. Equities turned mixed amid ongoing investor worries about inflation.
Digital Asset Investment Products’ AUM in February Reaches Highest Level Since May 2022
AUM for these products rose 5.2% last month from January, a CryptoCompare report says.
