The cost of the leading cryptocurrency, Bitcoin, increased 7% over the past day from July 19 to July 20, 2022. As of 9:45 am Moscow time, BTC was trading at $23,645, up 7.39% from the same day ago. At the same time, the capitalization of the virtual coin reached $452.09 billion, and the daily trading volumes...
According to data from a voting page on decentralized government (DAO) platform Lido Finance, the company launched a survey for diversifying its existing treasury to prepare for a future bear market. According to the information, the management of the site planned to sell 2% of the total LDO supply at a price of $1.45 for a...
After waves of capitulations in May-June 2022, bitcoin quotes have been below the realized price for a month now. Other bottom formation signals have emerged, Glassnode analysts write. At the time of reporting, the realized price was $22,092, and the market price was $21,069. In other words, the average unrealized loss was 4.67%. Historically, this divergence has...
Cryptocurrency experts spoke about the most profitable cryptocurrency projects in the Polkadot (DOT) network over the past week, from July 13 to July 19, 2022. They noted that amid the stabilization of the market in recent days, several startups based on this blockchain showed excellent results for their investors. The leader of the week was the...
By 2022, many active platforms will allow you to take and issue digital assets to other clients of interest. Typically, cryptocurrency lending is carried out between users of such services. Digital platforms are essentially brokers. Even unique platforms do not work according to the principles of traditional banks. This lending method is called cryptocurrency lending. Investors use this method...
On July 7, at a global meeting of Poloniex employees, its co-owner and founder of TRON, Justin Sun, assured us that the platform would continue to develop even during the bear market. This was reported to ForkLog by a representative of the crypto exchange. Justin Sun confirmed that the phased launch of the new trading system and...
DeFiance Capital has declared its operational independence from hedge fund Three Arrows Capital (3AC), which is going through bankruptcy. In the past, it was positioned as his "sub-fund." The document says DeFiance Capital founder Arthur Cheong registered a firm “totally independent” from Three Arrows Capital in 2020. A similar definition appears on the company's website. “Arthur has never been...
In the second quarter of 2022, the total cryptocurrency market capitalization fell by more than 50%, while the DeFi sector decreased by almost 75%. This is stated in the CoinGecko report. “It looks like 2022 is going to be a terrible year for the crypto market. […] Compared to now, the first quarter appears to be...
1) The Main Thing Fiat money is fiduciary, based on trust, state currencies, not backed by any asset or physical commodity, having no intrinsic value. The fundamental basis of fiat money is the trust of users and holders of the currency in its issuer, the state. The value of fiat money is determined by the...
Against the backdrop of the efforts of an unknown MetaFormLabs structure, quotes for the utility token of the cryptocurrency broker Voyager Digital (VGX) have grown by more than 500% in recent days, rising above $1 at the peak. At the time of writing, the asset is trading near $0.54. MetaFormLabs calls itself a venture company, but there...
