Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Press Release
DexCheck: Giving Investors access to reliable data across DEXes and the NFT Market
The last leg of the bull run in 2021 led to an unprecedented rise in trading volumes on DEXs and increased investments into NFTs. Nevertheless, many retail investors did not make the most of the opportunity, as it has become increasingly challenging to surface the signal from the noise in the industry due to fragmented market data. On the flip side, we witnessed whales cashing out mouth-watering figures as profits from their investments. This unfair advantage comes from how they…
3 years ago
OneStake – A New Way to Access the Highest APR in the DeFi Yield Market
OneStake Finance, a DeFi yield aggregator, claims to be the first TVL-as-a-Service protocol that offers the highest APR on single staking. The project aims to provide solutions for casual and professional DeFi users along with exposure to the entire yield market. According to its website, “OneStake is the 1inch in the field of yield protocols.” TVL-as-a-Service OneStake uses governance mechanics and TVL-as-a-Service to provide users with optimal yield opportunities. The protocol’s DAO analyzes all the assets and protocols interacting with…
3 years ago
HJH Investments Presents Its Revolutionary Tracking Token
As a tracking token for HJH Investments' real estate holdings, HJH REAL Token is a game-changing innovation. Any trader interested in buying the token needs to download the Coinbase app and add funds. Following this step, it would be necessary to get the MetaMask app and transfer USDC and ETH (for gas fees) from Coinbase to the wallet. Finally, users will need to access a swap portal (SushiSwap or UniSwap) and connect their crypto wallet to purchase the HJHRE token.…
3 years ago
Cult DAO Breaks Down Recent Increase in CULT Treasury Volume
Cult DAO, a community-driven decentralized autonomous organization, published recent data on its hyper-deflationary CULT token, gaining the necessary traction and volume to overcome an initial stage of anonymity. These math-backed revelations are scattering away any remaining doubts that CULT is a memecoin. On the contrary, it shows the token’s ambition to challenge the most powerful cryptocurrencies in the market hierarchy. According to Etherscan data, the Cult DAO protocol burned over 1.725 billion CULT tokens in the past two weeks. More…
3 years ago
PotionLabs Kicks Off Auction for ‘Potion Unlock’ – a Novel NFT Game to Open Source a DeFi Protocol
The Potion Unlock game is a social experiment to bootstrap a decentralized community around a DeFi protocol. PotionLabs, the developers of the new risk management layer Potion Protocol, have announced the launch of the Potion Unlock NFT auction. Those who purchase NFTs in the auction will be able to participate in the Potion Unlock game, working with other community members to release the Potion Protocol into the public domain. With this one-of-a-kind strategy based on “aggressive decentralization”, Potion Labs seeks…
3 years ago
DeFi Yield Protocol is Building its way into the Future
Decentralized finance (DeFI) has grown at an unprecedented rate since the summer of 2020 with its promise to enable anonymous and private financial transactions. The new tech leverages blockchain technology to introduce more efficient and secure, peer-to-peer dealings that eliminate intermediaries from the borrowing and lending process. The fast-growing sector in the crypto industry now boasts nearly $78 billion locked in multiple protocols, per the latest data from DeFiPulse. The DeFi movement has shown no signs of slowing down over…
3 years ago
Solidproof Obtains Licenses for its Transformational Auto Audit Tool Solution
Solidproof is proud to announce that they have secured licenses for their auto tool, which has the potential to take DeFi auditing to the next level. The tool’s beta version is available to dedicated parties who will help with testing and final development. Dubbed the Solidproof Automated Audit Tool (SAAT), the newly-launched product seeks to speed up the audit process, allowing the firm to bring certainty to multiple blockchain projects. SAAT introduces advanced code analysis that is much more efficient…
3 years ago
DiveWallet is Launching on the Spark Launchpad on March 5, 2022
DiveWallet is a functional cross-chain wallet committed to safeguarding the assets of crypto users while making the virtual currency sector more practical. The wallet is scheduled for release in Q3 of 2022. The wallet developers are excited to announce the launch of their DiveWallet Token on the Spark Launchpad on March 5, 2022. The initial token supply is 1 quadrillion, part of which will be offered to investors in three phases: the private sale, presale, and public launch. The capital…
3 years ago
PotionLabs Closes Sales of $12M from key DeFi players ahead of Novel NFT Game ‘Potion Unlock’
Potion Unlock, a novel release model for decentralized Protocols registered sales of $12 million last January, from renowned DeFi firms and individuals. The Potion Labs team behind the project had previously raised $3.2M in August 2020 from top-tier DeFi investment firms. The project attracted interest from experienced DeFi parties such as Polychain, Placeholder, Pantera, Maven 11, The LAO, MetaCartelVentures, ParaFi, Spartan, Robert Leshner and Tarun Chitra, Fernando Martinelli, Synthetix founders, Crypto Plaza, Roble VC, CULTUR3, Lemniscap, Zee Prime, beToken Capital,…
3 years ago