Betting on AVAX’s short-term bullish MACD crossover? Read this first

Betting on AVAX's short-term bullish MACD crossover? Read this firstAVAX posted a short-term bullish MACD crossover It faced key resistance at the 38.2% Fib level ($13.506387) and could see a decline to $13.4181897  A decline in positive sentiment and development activity could undermine the bulls’ upside momentum At press time, Avalanche [AVAX] was trading at $13.4713635 and appeared to be on the verge of […]

Aave seeks community ‘go-ahead’ to list Lido’s wstETH on its liquidity pool

Aave seeks community 'go-ahead' to list Lido's wstETH on its liquidity poolAave has published a proposal to list wsETH on its V3 deployment on Optimism. Its stETH Reserve on Aave V2 has been successful so far. Leading cryptocurrency protocol Aave [AAVE] recently introduced a new proposal detailing the addition of Lido’s wrapped stETH, wstETH, to its V3 deployment on layer 2 network (L2) Optimism.  Users of […]

UK’s new financial reforms include tax breaks for crypto investors

UK’s new financial reforms include tax breaks for crypto investorsThe Chancellor of Exchequer of the UK announced the Edinburgh Reforms on 9 December. These measures are part of PM Rishi Sunak’s dreams of a crypto hub. Jeremy Hunt, the Chancellor of Exchequer of the United Kingdom, has announced a set of reforms to drive growth and competitiveness in the country’s financial services industry.  These […]

Solana, its daily transactions, and everything latest for your next trade

Solana, its daily transactions and everything latest for your next tradeSolana’s ecosystem continues to show growth despite volatile market conditions. Though dApp and NFT activity rose, on-chain metrics were negative. Solana has been facing the heat of the bear market almost throughout this year. With multiple network outages and close proximity to FTX, Solana had been through the wringer this past year. However, the network’s […]

Coinbase urges users to switch from USDT To USDC, details inside

Coinbase urges users to switch from USDT To USDC, details insideCoinbase waived USDT-USDC conversion fees. It is the second CEX to do so after Binance. Coinbase has taken aim at Tether (USDT) with its latest blog post, as it promoted USD Coin (USDC) as a safer stablecoin alternative.  The world’s second-largest crypto exchange is attempting to draw USDT users by waiving off the conversion fee […]

Here’s how far Polkadot’s top 5 parachains have grown in terms of TVL

Here's how far Polkadot's top 5 parachains have grown in terms of TVLPolkadot’s TVL grew over the past few months DOT’s weighted sentiment increased towards the end of November, but quickly fell Polkadot has maintained a strong presence in the list of top crypto projects by market cap. Many savvy analysts observing the crypto space have high expectations for this crypto project, especially due to its different […]

Why MakerDAO’s TVL has continued to drop in the first week of December

Why MakerDAO's TVL has continued to drop in the first week of December MakerDAO’s TVL plunged over the past week  Its price suffered as well, declining drastically over the past few days  MakerDAO [MKR] experienced a substantial drop in its total value locked over the last seven days. This is unusual, considering that its contemporaries mostly saw some upside in their TVL. Read Maker’s [MKR] Price Prediction 2023-24 MakerDAO’s […]

Staking withdrawals prioritized in Ethereum’s upcoming Shanghai upgrade

Staking withdrawals prioritized in Ethereum's upcoming Shanghai upgradeETH developers have prioritized bringing staking withdrawals with the upcoming Shanghai upgrade. The Ethereum Foundation has clarified that it is committed to maximizing the success of its transition to proof-of-stake. The world’s second-largest cryptocurrency will undergo a major upgrade in the first quarter of next year. At the 151st Ethereum Core Developers Meeting held on […]

AVAX in hostile conditions, will technological updates come to its rescue

AVAX in hostile conditions, will technological updates come to its rescueAvalanche made technological advancements for its validators. However, weighted sentiment against Avalanche remained negative and TVL continued to decline. In a tweet posted on 8 December, the official handle of Avalanche [AVAX] stated that it was improving its technology to benefit its validators. The platform would release new Banff 4 technology to improve bandwidth optimizations […]

Going short on Ethereum Classic [ETC]? You can benefit from these levels

ETC formed a symmetrical triangle chart pattern and was in a bearish market structure. A convincing breakout to the downside could find new support at $14.27. A bullish breakout and intraday close above $20.28 would disprove this prediction. Ethereum Classic [ETC] was in a rally before the market crash in early November knocked it off […]