Theredcentre
Financial Analyst Predicts Ethereum’s Price for End of 2023
Prominent cryptocurrency analyst Dmitry Noskov from the European-based trading platform StormGain has recently shed light on his predictions concerning Ethereum (ETH) and has revealed where the digital asset ought to be by the end of the year. Dmitry Noskov On Ethereum (ETH) Price Movement The crypto analyst predictions were fueled by the current growth of … Read more
Network Ranks Among Top 15 with Impressive 198% Yearly Surge
Cardano (ADA), a Proof-of-Stake (PoS) Layer-1 (L1) smart contract network launched in 2017, experienced a largely quiet Q3 2023 in the overall crypto market. However, the network faced challenges with a decline in ADA’s price and revenue. Despite these setbacks, Cardano showcased growth in its treasury balance, stablecoin market capitalization, and Total Value Locked (TVL) … Read more
Palestine: A Historical Overview & The Israeli-Palestinian conflict
Introduction The history of Palestine is a complex and deeply intertwined narrative that spans millennia. It is a story of conquests, migrations, cultural exchanges, and conflicts that have shaped the land and its people. To understand the present-day challenges and ongoing disputes in the region, it is essential to delve into the rich tapestry of … Read more
Aptos Achieves New TVL High – Breaking Records
Since the second week of October, there has been a noticeable surge in demand for Aptos’ native cryptocurrency APT. This increased interest has led to a robust phase of Total Value Locked (TVL) growth. The surge in demand for APT has resulted in Aptos achieving its highest-ever TVL value of $74 million during the trading … Read more
Gains Network Witnesses Higher Dollar/Yen Trading Volume than Bitcoin on DeFi Platform
Gains Network is one of the latest platforms that has entered the decentralized finance (DeFi) space, offering users the opportunity to trade a wide range of financial derivatives. Initially launched on the Polygon network and later expanding to Arbitrum, Gains Network leverages the power of smart contracts to match buy and sell orders. The platform’s … Read more
BTC derivatives data suggests new inflow as Bitcoin price pursues $35K
Bitcoin’s recent price rally has sparked speculation about the beginning of a new bull market. The surge in price, which saw a 16.1% increase between October 22 and October 24, resulted in the liquidation of $230 million worth of bearish futures contracts. Interestingly, the open interest in Bitcoin futures actually increased during this period, indicating … Read more
What Is the Significance of 1inch Investment Fund Selling Ethereum?
1inch Investment Fund, a fund closely tied to the crypto exchange aggregating platform, 1inch, has sold 4,685 stETH for 8.54 million USDC at $1,823, according to Scopescan, an analytics platform, on October 24. This move has resulted in a net profit of $1.28 million since the stETH was bought for an average price of $1,550 … Read more
Revealed: Wall Street Titans’ Demand Disclosed by EY Insider
In a recent interview with CNBC, Paul Brody, the Global Blockchain Leader at Ernst & Young (EY), highlighted the increasing demand for cryptocurrencies, with Bitcoin at the forefront. Brody specifically pointed out that family offices, which manage the wealth of affluent families, are increasingly diversifying their portfolios with cryptocurrencies like Bitcoin. This is not surprising … Read more
Solana Ignites with Astounding 34% Surge in Just One Week
The cryptocurrency industry has seen significant growth this week, with leading cryptocurrencies experiencing substantial increases in their market value. One standout performer is Solana (SOL), which has seen a notable increase of over 34% in value over the course of a week. Solana is well-known for its scalability and is considered a prominent Layer-1 network. … Read more
