Institutional investors seeking to earn rewards from digital asset token staking must be aware of the associated risks and should take steps to protect their clients, Andrew McFarlane, CTO at the Web3 infrastructure company Validation Cloud, has said. According to McFarlane, slashing, which is a penalty imposed on tokens staked on a validator who contravenes […]
Dex Trade Volumes Jumped 32% in October; November’s First Week Ends With Strong Activity
After experiencing a slump in September, with a trading volume of $ 30.22 billion, decentralized exchange (dex) activity saw a surge in October, climbing by over 32% to $ 39.98 billion. The momentum in dex trade volume has been consistent in November, with the past week alone accounting for $ 15 billion …
Bitcoin, Ethereum Technical Analysis: BTC Remains Near 2-Month High, Following Strong US Retail Sales
Bitcoin remained near a two-month high on Tuesday, as markets digested the latest retail sales figures from the United States. Sales, which account for two thirds of the U.S. economy, rose by 0.7% in September, 0.4% higher than expected. Ethereum briefly rose above $ 1,600. Bitcoin Bitcoin continued to trade above $ 28,000 …
Blockchain Gaming Holds Strong in Q3, Amid Evolving Crypto Landscape
The blockchain gaming sector maintained its influential position in the third quarter of 2023 despite some decreases in momentum, according to Dappradar’s recent report. Although metrics such as unique active wallets and transactions dropped slightly, the report advises against viewing this as a sign of decreasing interest. Rather, it shows a changing landscape as other […]
Bitcoin, Ethereum Technical Analysis: BTC Bulls Keep Price Close to 2-Week High, Following Strong US Retail Sales
Bitcoin continued to trade close to a multi-week high on Friday, as bulls continued to target the $ 27,000 level. The move came following stronger than expected U.S. retail sales figures, which rose by 0.6% in August. Ethereum also traded higher in today’s session. Bitcoin Bitcoin remained near a two-week high on Friday, as …