As the long Labor Day weekend drew to an end in the US, investors reacted to a fall in Silicon Valley’s tech stock values which dragged markets further down. The tech-laden Nasdaq fell another 4% yesterday.Bitcoin tried desperately to defend it’s $10,000 level.Hence the question: will the fall for crypto and worldwide markets turn into a correction […]
The USD value of ETH transfers has exceeded the value of BTC transfers. One more step towards the flippening for Ethereum?ETH transfer value explodesThe value of ETH transactions reached $3.15 billion on September 6, compared to $2.94 billion for BTC. It had already exceeded that of Bitcoin briefly on September 1, but before that, the […]
The aftermath of the Sushi debacle continues to create ripples in the crypto sphere. This time round it was Ethereum founder Vitalik Buterin who once again (first time was on August 14th already) sounded the alarm on all things DeFi, Yield Farming and food coins.As a reminder, Sushi, the now infamous DeFi coin, rose to […]
The number of messages showing up on social media asking what a Polkadot is have been swift and widespread. Given that the coin was only released to the market on August 20th and is already breaching the CoinMarketCap’s top 10 (and looks set to remain there) during what was a brutal first week of September for […]
Popular crypto exchange Binance has just launched its new product, Launchpool. This platform offers users a simple and secure way to “cultivate” new DeFi protocols and acquire tokens in exchange for Binance Coin (BNB) and Binance USD (BUSD) staking.>> Join Binance Launchpool and receive a 20% cashback on every trade.Binance Launchpool and Bella ProtocolBinance also […]
Justin Sun, the young CEO of the Tron foundation who was making headlines earlier this week when his announcement of the Tron platform’s own DeFi coin called SUN sent Tron through the stratosphere, has reacted on the Sushi debacle.As readers of CryptoTips know, we had been warning about a possible bubble in DeFi crypto for […]
What a year it’s been already. We started with Australian bush fires in January (which everyone assumed would be the top story this year) over to a global pandemic, BLM protests worldwide, riots and looting in the US, a global stock market crash followed by a rise, murder hornets… in all, it was just too […]
The current bubble facing the DeFi sector could be set to face its first major correction as the Total Value Locked (TVL) has fallen by 22% since reaching its peak. This trend was reported by analytic platform Unfolded via twitter. The chart showed a slight dip in the total locked in value of DeFi which […]
As Bitcoin continues its battle with the $10k level today, analysts claim that no one should be surprised by the timing of the current correction because September and crypto have a tough love affair. Others say that referring to the old stock market adage of “sell in May and go away” would have made sure […]
As Chainlink traded near $20 about a month ago (all time high was reached on 16 August, and a flash crash came two days later) and had by then taken the 5th place in the CoinMarketCap ranking, the Chainlink Marines were stating Semper Fi (always faithful) when asked about their favorite crypto. Having descended near 40% since then, […]
