• Protocols under the Avalanche chain have contributed to a $800 million growth in Total Value Locked (TVL). • Yield Yak, GMX, and Benqi have all made double digit upticks to the AVAX TVL in the past month. • The AVAX social dominance is 0.527%, suggesting that there may be …
• Bitcoin (BTC) began the year with a 23.3% rally, resulting in many BTC holders seeing their net holdings and operations return to profitability. • On-chain data provider Glassnode used the 200-day Simple Moving Average (200D-SMA) to confirm whether the sentiment in the market in the last week was bullish …
• BONK, a dog-themed token, announced the formation of BonkDAO in the Solana ecosystem. • The news caused a 40% surge in the price of SOL, taking it to its highest price in over two months. • BONK has caught the attention of memecoin enthusiasts and its market capitalization has …
• El Salvador has passed a landmark law to establish a legal framework for digital assets, paving the way for the issuance of “Volcano Bonds” proposed by President Nayib Bukele. • The law was proposed in November 2022 and voted in favor of in January 2023. • A National Digital …
• Binance Coin (BNB) entered the first week of 2021 with a 11% gain in the last seven days. • Despite the bullishness of the market, investors must be cautious as BNB’s Relative Strength Index (RSI) was in an overbought position and its MVRV ratio was up significantly, indicating a …
• BlockFi has announced that it will disclose its assets, liabilities, and payments received prior to its bankruptcy filing in November 2022. • The company intends to file both its Schedules of Assets and Liabilities and its Statement of Financial Affairs with the Court on January 11, 2023. • BlockFi …
• TRON (TRX) increased in price by only 0.6% in the last seven days and had a market capitalization of more than $5 billion. • Recently, TRON total transactions exceeded 4.6 billion and the number of accounts crossed 134 million. • There were some signs of recovery due to multiple …