Anchor protocol’s reserves head toward depletion due to lack of borrowing demand

Stocks of Anchor, the major savings protocol for the Terra Luna ecosystem (LUNA), are down 35.7% over the past seven days, according to Terra.Engineer. Since the beginning of December,...

Crypto infrastructure firm Fireblocks valued at $8B following $550M raise

Digital asset custody platform Fireblocks has raised $550 million in Series E funding to become one of the most valuable companies in the blockchain industry and highlights the increasing...

BitDAO launches $200M zkDAO to advance Ethereum scaling via zkSync

On Thursday, a proposal to finance zkDAO through the BitDAO tax protocol was adopted by almost 200 million votes. The proposal was written by Matter Labs - the organization...

Ethereum bulls aim to flip $2.8K to support before calling a trend reversal

Gloomy expectations demanding the start of an expanded bear market may be premature as prices appear to be improving on 26 January following a signal from the US Federal...

Altcoins book 40% gains after Bitcoin and the crypto market enter a relief rally

On January 26, crypto investors started to feel hopeful again as the broader cryptocurrency market sees green and the price of Bitcoin (BTC) approaching $38,000. Even during the pandemic,...

Avalanche eyes 60% rally as AVAX price breaks out of bull flag

Avax (AVAX) strengthened its upside potential to $ 160 in upcoming sessions as it went out of a classic bullish pattern earlier this week. The so-called "bull flag" pattern occurs...

Crypto exchange FTX US closes $400M funding round to reach $8B valuation

Chicago-based cryptocurrency exchange FTX US has reached $8 billion in value after new funding. US subsidiary FTX has completed a $400 million funding round led by SoftBank Group Corp., Temasek...

Valkyrie aims for ETF linked to Bitcoin mining firms on Nasdaq

Crypto Asset Manager Valkyrie has signed up to the U.S. Securities and Exchange Commission to trade an exchange traded fund (ETF) involving bitcoin mining companies on the Nasdaq stock...

BTC price hits $38K as Bitcoin analysts focus on weekly close

Bitcoin (BTC) conducted fresh resistance tests at $38,000 on January 26 as optimism about a possible recovery surged to $40,000 and above. Hourly BTC/USD light chart (Bit Mark). Source: Trading...

The Beatles and John Lennon music history collection to be auctioned as NFTs

John Lennon's eldest son Julian sells the rarest pieces of music from his private collection. John Lennon's "Magical Mystery Tour" coat and his "Help!" , three guitars and Paul McCartney's...