Bitcoin, Ethereum Technical Analysis: BTC up to $30,000 to Start the Week

Post Views: 335 Bitcoin rose above $30,000 to start the week, with bearish sentiment marginally fading as we head into June. ETH also rallied on Monday, however the world’s second largest cryptocurrency continued to hover below $1,900. Following almost five days trading below $30,000, BTC finally surged, with prices climbing to their highest point…

Tron Now Commands the Third-Largest TVL in Defi — Network’s Stablecoin USDD Confronted by Skepticism

Post Views: 295 This week the Tron blockchain has become the third-largest network in terms of total value locked (TVL) in decentralized finance (defi) protocols. Interestingly, 48.19% of the TVL is held by the defi protocol Justlend, an application that’s similar to Anchor Protocol as it offers more than 20% APY for USDD deposits. Amid…

Esports Powerhouse Galaxy Racer Invests US$25M to Partner With $QUINT

Post Views: 313 PRESS RELEASE. The e-sports industry has seen a considerable rise in cryptocurrency partnerships, where the majority only include category exclusivity, branded segments, and media placements. In an industry-first, Galaxy Racer will integrate $QUINT into its website’s payment system and explore ways the token can be used across the organisation’s numerous divisions. Quint…

Frodo Tech Aims to Create Environmentally-Friendly Blockchain Ecosystem That Is Open to Everyone

Post Views: 296 Frodo Tech aims to create an environmentally-friendly blockchain ecosystem based on a unique cryptocurrency service that all the people in the world can access, without any limitations based on race, region or country. Frodo Tech is an IT and Financial blockchain services company based in Auckland, New Zealand, and a member…

Report: 42.9% of Turks View Gold as Best Form of Investment, Only 1.9% Would Invest in Crypto

Post Views: 318 A new study has found that nearly 43% of Turkish individuals surveyed consider gold to be the best form of investment, while just 1.9% said they would invest in cryptocurrencies. Real estate is the next most-preferred after gold, with 27.4% of the respondents saying they would invest. A recent study by Areda…

Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3

Post Views: 277 The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even…

Former Nintendo President States Gaming Companies Are Marching to the Metaverse

Post Views: 373 Former Nintendo of America President, Reggie Fils-Aimé, believes that the gaming industry is steadily going to integrate metaverse elements into its games. Fils-Aimé thinks that established gaming companies, like Nintendo, are better suited to be leading the race for the metaverse than other companies due to their experience in building interactive and…

Binance Obtains Regulatory Approval to Offer Crypto Products in Italy

Post Views: 332 Crypto exchange Binance has received regulatory approval from Italy’s financial regulator to operate as a cryptocurrency service provider in the country. “Clear and effective regulation is essential for mainstream adoption of cryptocurrencies,” said Binance CEO Changpeng Zhao. Binance announced Friday that Binance Italy “has received regulatory approval” through registration as a…