Why ApeCoin Price Might Drop After Launch of “Otherside”
Yuga Labs is preparing to launch its own Metaverse “Otherside” after the successful launch of the ApeCoin (APE) token. In collaboration with Animoca Brands the virtual world will launch on April 30. However, ApeCoin prices are expected to be weighed on by a key aspect of the metaverse’s launch, which hit a recordhigh on Monday. […]
Australia’s first crypto ETFs postponed just before the launch date
Australia’s first crypto ETFs was postponed just one day before their scheduled launch on April 27, according to local media reports. The most recent delay appears to be due to a third-party brokerage that needs additional time to support ETFs trading. The products are being issued by fund managers Cosmos Asset Management and ETF Securities. […]
Terra’s Defi value hits record high $21.8 billion, what does it mean for Luna?
Terra, the second-largest Defi blockchain, saw its total value locked (TVL) hit a new high on Tuesday amid a rising number of deposits. Defi Llama data showed that TVL on the Terra blockchain increased by roughly 5% to a new high of $21.8 billion. The blockchain is now behind only Ethereum in terms of TVL, […]
Can NEAR Token Rival Terra With Its New Stablecoin Launch?
NEAR, the eponymous protocol’s native currency soared on Tuesday as the blockchain’s long-awaited stablecoin, USN, began trading. NEAR jumped nearly 10% from a three-week low and is currently trading at about $14.8. However, the token is still down 12% over the past week as a result of broader losses in the crypto market. Trading in […]
Bitcoin whales buy the dips in this correction, BTC moves above $40k
Bitcoin is back above $40,000 after seeing severe selling pressure over the weekend. Bitcoin is currently trading 4% higher at a price of $40,536 with a market cap of $770 billion as of press time. As the BTC price fell below $39,000 late Sunday, whales appeared to be active in buying the dips. Citing data […]