Theredcentre 
Popular crypto analyst on X, cyclop (@nobrainflip) with 346,000 followers made a compelling argument for investors looking to maximize their returns through strategic altcoin investing. With Bitcoin (BTC) making a new all-time high, the focus has shifted to altcoins, which are poised for significant growth in the current bull cycle. Analysis: The shift towards altcoins … Read more
Ethereum’s influence is undeniable as seen at last week’s ETHDenver conference in Colorado. The conference, one of the largest gatherings for developers and users of the Ethereum blockchain, attracted a diverse range of participants from across the blockchain industry. This broad attendance may indicate Ethereum’s impact on other blockchain ecosystems, drawing interest from various crypto … Read more
As Bitcoin surges towards its all-time high (ATH) of nearly $70,000, analysts are closely watching Ethereum, the world’s second-largest cryptocurrency, wondering how quickly it will follow suit and break its record ATHs of approximately $5,000 printed in late 2021. How Will Ethereum React When Bitcoin Breaks Above $70,000? One analyst, posting on platform X, highlights the difference … Read more
Bitcoin has done it again this time surpassed all time highs trading over 69k in the last hour. https://youtube.com/clip/Ugkx5Cf5zCQhIc7M7HhxYtlk0qoo-vrJ4mRC?si=E4709nlyzucdg_0v This comes days before the highly anticipated bitcoin halving event. I envisage that once the halving happens in April, we are likely to witness a parabolic moonshot of bitcoin to unknown territories. Warning: a massive pull … Read more
Bernstein’s analysis reveals a significant shift in the world of decentralized finance (DeFi), with six out of the top 10 revenue-generating protocols being DeFi applications. Among these are Uniswap, Aave, Maker, GMX, Synthetix, and Sushi. The authors highlight how the previous cycle of DeFi was characterized by unsustainable yields that eventually collapsed, with Luna stablecoin … Read more
The total value locked (TVL) in decentralized finance (defi) protocols has been steadily increasing, reaching over $80 billion five days ago. Since then, it has surged by an additional $11.66 billion, bringing it to over $91 billion. This substantial growth signifies a resurgence in the defi market, with the TVL approaching the significant milestone of … Read more
Bitcoin (BTC) has been on a bull run, surpassing the $60,000 mark once again, prompting a comparison with ADA’s performance. ADA, the eighth-largest cryptocurrency by market cap, has seen fluctuations in price, leading to speculation about its future. ADA’s current trading level below the highs of the recent bull run has raised concerns, especially when … Read more
Adam Cochran, a partner and professor, is bullish about OP, the native token of Optimism, the layer-2 scaling solution for Ethereum. Taking to X, Cochran is convinced OP is undervalued, pointing to the significance of Coinbase and the brand it has created over the years as a crypto exchange and investor in multiple products. In 2023, Coinbase … Read more
Large institutions will fully embrace decentralized finance (DeFi) only when they are confident that their trade counterparties will comply with sanctions and other international laws, according to Elie Le Rest, CEO of Colony Lab. This highlights a key barrier to widespread institutional adoption of DeFi – concerns over regulatory compliance. In the world of traditional … Read more
When considering the burgeoning world of NFTs, it’s hard not to marvel at the power of Ordinals and the unique property they offer. The idea that an image can be permanently stored on the Bitcoin blockchain is a game-changer. Bitcoin’s reputation and longevity make it a secure and reliable platform for digital art to be … Read more
