Opinion

Crypto Adventure has learned about a wallet address associated with QuadrigaCX that has been staking ETHs in Ethereum 2.0 Deposit Contract. While going through Etherscan.io, we came across a peculiar address (0xd9518342a44e7dfdcd363f28f1ad19e568e2eb85) that staked 800 Ethers in total in the deposit address. These Ethers were staked with 25 different transactions of 32 ETHs. The given address still holds around 2000 ETHs worth $1.1 million. According to investigations around the collapse of QuadrigaCX by Bloxy and CoinMonks, the given address is closely…

The current bullish sentiments in the crypto market have been the major talking point in recent weeks. Bitcoin pump has caused a ripple effect in the crypto market, which has extended to decentralized finance (DeFi). Total Locked In Value hits $14billion The Total Locked in Value in the DeFi sector surpassed $14 billion over the weekend. According to DeFi Pulse, the total TVL hit a record high of $14.3 billion in today's early hours. At the moment, the value has…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $530 billion. Bitcoin increases by more than 14% throughout the week to trade over $18,000 Ethereum surges over $500 with a 17% increase over the past seven days. XRP increases by nearly 60% as it breaks past $0.40 The DeFi sector continues to rise as the total value of locked protocols passes $14 billion.…

Popular American retired rapper, songwriter, and author, Sir Robert Bryson Hall II, professionally known as Logic, bought bitcoins worth several millions of dollars last month. According to the reports, the rapper revealed his BTC investment in an Instagram Live video, saying that he "bought $6million in Bitcoin last month. Fuck it, YOLO." Logic's Investment Paying Off The bullish move now places the rapper in at least $1 million profit, depending on what time he bought the assets in October.  In a…

Having money to buy Bitcoin is one thing, but understanding it is another. Although Bitcoin's concept comes easy to some, others like billionaire Masayoshi Son still struggle to comprehend the idea even after investing millions in the cryptocurrency.  Masayoshi Son, the CEO of Japanese conglomerate SoftBank, revealed yesterday that he "doesn't understand" Bitcoin. But surprisingly, Son once invested $200 million in the digital asset.  The Price Checking Habit Speaking at the New York Times DealBook conference, the billionaire noted that…

Ethereum Co-founder Vitalik Buterin has hinted that there could be delays in the transition of Ethereum to the Proof-of-Stake protocol. This was revealed during a question and answer section with community members on Reddit. Ethereum Is Slowly Moving Towards Proof-of-Stake The slow and complicated transition from Ethereum to Proof-of-Stake has long been chronicled. The project has been caught up in issues that have caused delays. However, Buterin believes that developers need to take their time before deploying a new version…

Is Bitcoin a financial haven in times of crisis? In times of disasters or financial crises, stock prices fall, interest rates decline, and debt amounts. Investors often scramble to safety by looking up to "safe haven" assets such as gold to hedge their portfolios' value. Cryptocurrency investors view Bitcoin as the digital gold providing a reliable fallback in times of crisis.  As the COVID-19 continues ravishing the world's economy, many economists believe that a recession is imminent. Several economists believe…

Defi platforms have, in the past few months, been seeing drops in prices, and the episode has been growing for some time. Some media's token prices plummeted by half, and the decline is continuous every day; others partly lost their customer base.  In some instances, in just one day, Defi's growth showed a massive decline. Uniswap just recently lost over $1.5B (TVL) in just 24h. Another report showed that the general Dex market's trading volumes dropped from 8 billion US dollars…

Bitcoin is currently the largest and the most trusted digital currency, garnering a market capitalization of over 325 billion US dollars. Various billionaires and celebrities have endorsed bitcoin in the past, showering it with the praises of being a dependable investment prospect. The coin is mostly common for its volatile nature, which creates opportunities for investors to earn supernormal amounts over time. Its price has also plunged every end of the year in the past few years.  But what causes…