Theredcentre

Vincent Gusdorf, senior vice president of DeFi and Digital Assets at Moody’s, believes that the recent announcement regarding bitcoin will have a significant impact on the market. He expresses that the entry of institutional investors into the crypto industry will mark a turning point for the entire industry. This commentary from Gusdorf highlights the growing … Read more

The decision by 1inch DAO to secure legal advisory services from STORM Partners marks a significant milestone for decentralized autonomous organizations (DAOs). This move exemplifies the organization’s proactive approach to addressing the complex legal landscape and regulatory scrutiny faced by the crypto and decentralized finance (DeFi) sectors. The overwhelming support from the 1inch community in … Read more

Cardano (ADA) closed out 2023 with a rollercoaster ride, soaring towards $0.70 before plummeting back to $0.52 by the new year. While this sharp correction was anticipated, concerns linger about an ongoing bearish sentiment despite room for growth. Recovery won’t be a walk in the park. Currently trading at $0.52, Cardano faces an uphill battle. … Read more

Crypto analyst Guy Turner has predicted that Cardano (ADA) could experience a significant price surge soon enough. The analyst also gave an insight into what price levels the crypto token could hit when this happens. Cardano To Rise To $1 In a video posted on his YouTube channel, Turner mentioned that ADA could rally to … Read more

Arbitrum, a Layer-2 (L2) scaling solution, has seen a significant surge in its native token, ARB, since its launch in March 2023. Over the past 30 days, ARB’s value has increased by 74%, indicating a growing market interest in the protocol. This growth is further exemplified by Arbitrum’s surpassing of Ethereum (ETH) in daily decentralized … Read more

The beginning of 2024 looks promising for the Maker (MKR) coin, with increased activity and positive on-chain data suggesting a potential uptrend. The number of active daily addresses has seen a significant increase since the start of the year, indicating higher user engagement. The current number of addresses trading MKR has risen by 4%, reaching … Read more

The recent surge in the value of the SEI token from the Sei Network has attracted significant attention, as it has seen an impressive 80% increase in value in the past week. This stands in stark contrast to the current state of the cryptocurrency market, where many leading cryptocurrencies are facing a downturn. This surge … Read more

Solana has continued its bullish sentiment in its ecosystem to flip Ethereum in the stablecoin market for the second week in a row, according to on-chain data. SOL’s price gain has slowed in the past week, showing a negative 2.3% in a 7-day timeframe at the time of writing. However, stablecoin transfers on the Solana … Read more

As predicted, the crypto industry is expected to experience a strong bullish run in 2024, with the majority of analysts forecasting that assets will reach new all-time highs. This trend has investors eagerly anticipating the opportunity to capitalize on cryptocurrencies that offer the potential for substantial returns. The recent social media post by a crypto … Read more

Another year, another Crypto Holiday special from our team at NewsBTC. In the coming week, we’ll be unpacking 2023, its downs and ups, to reveal what the next months could bring for crypto and DeFi investors. Like last year, we paid homage to Charles Dicke’s classic “A Christmas Carol” and gathered a group of experts … Read more