The Defi market is exploding. In the past 18 months, it has grown by over 300% on its continued upward trajectory. The number of active wallets interacting with Defi protocols has also risen sharply. With Ethereum 2.0 on the way, it is expected that the growth will only accentuate further. With major conventional financial bodies and their intermediaries acknowledging the power of Defi and bigger hedge funds already actively endorsing Defi protocols, there is no doubt that Defi and ecosystems based on it like the Ferrum Network has all the potential to reshape the world of finance.
ADA to GBP bulls pushed Cardano above the downtrend line on July 26 but the long wick on the day’s candlestick suggests that bears aggressively sold at the 50-day simple moving average. This suggests that the sentiment remains negative and the bears have not surrendered.
Ethereum price gbp bulls aggressively purchased the dip to the strong support at £1,216.19 on July 21. Strong buying propelled the ethereum to gbp price above the downtrend line of the descending triangle pattern on July 26 but the long wick on the day’s candlestick shows selling by the bears at higher levels.
Bitcoin price gbp we had mentioned in our previous analysis that the bulls may not surrender the £21,000 to £20,000 support zone easily and that is what happened. Bitcoin soared from the support zone and broke above the downtrend line of the descending triangle pattern on July 26.
Your chance to become a millionaire is here!
KaiKen Inu is soon going to set the crypto world on fire through its new ICO launch. With bigger, better, and stronger ICO features than ever before, it aims to create whales by rewarding holders generously.
But what is KaiKen Inu? Let’s find out!
World Mobile Token Ltd, which is enabling a new global mobile network built on the sharing economy, announces the launch of its utility-based World Mobile Token (WMT) on the Cardano blockchain. The company aims to raise 40 million USD within the first five weeks of the public sale on top of the 5 million USD it has raised privately.
The sale started on July 5 and will close on August 16 at 11 a.m. UTC. Tokens can be purchased with ADA, BNB (BEP2), BTC, DAI (ERC20), or ETH.
NFT’s are the revolution this generation has been waiting for. If seen from an intellectuals’ eye, one can comprehend the importance it bears. They have been making fuss from 2013 and 2014, but nobody was stepping ahead and trying it out until 2020. Everything shifted online due to the pandemic, resulting in an across-the globe lockdown. It made people search more about digital assets and cryptocurrency investments. Those sitting at home were left only with the internet, which made them realize its significance in this era.
Would you be interested in earning extra income by sharing your mobile hotspot? If so, the Aloha ecosystem is for you. Using the Aloha App (DApp), users can share WiFi hotspots. Users get loyalty tokens when sharing their WiFi on the Aloha network. Customers can use Aloha loyalty tokens at a variety of world-leading brands or online retailers.
Extreme market volatility remains the single biggest problem facing cryptocurrency investors and traders. It is not uncommon for even the top cryptocurrencies by market size to plummet by over 50% in value — all in a matter of days, sometimes hours. In the recent episode, after Tesla Ceo Elon Musk backtracked on this decision to accept Bitcoin as payment, followed by China’s indiscriminate crackdown on Bitcoin mining, the price of the leading tokens tumbled. We saw how Bitcoin rallying around the $60,000 mark in April, was struggling to hold above $30,000 by the last week of May. The other top tokens mirrored Bitcoin’s price movement.
KOJI is a unique project that launched on the 1st June as an ERC-20 token. It is centred around the KOJI character, who is an alien that has come to save the earth. KOJI has 2 main characteristics:
– A brand new comic series depicting KOJI’s journey will be released exclusively as NFTs to KOJI holders!
– A comprehensive charity strategy designed to make a real difference on earth
We are really excited about our upcoming roadmap!