Cardano volume rises as DeFi development accelerates

It is no secret that Cardano is the network with the most active advancements at any one time. This has now migrated to the decentralized finance (DeFi) side of things, where developers are flocking to the network. As a result, the amount of transactions on the blockchain has increased significantly. The majority of this is[…]

Increased adoption of Metaverse NFTs to catalyze the next cycle of NFT growth

The Metaverse’s virtual events, land, and financial services will unleash a trillion-dollar deal, igniting the next NFT investing frenzy. Metaverses and high-profile nonfungible tokens (NFTs) are the primary drivers of the NFT market’s explosive expansion. In the last year, projects such as the Bored Apes, Crypto Punks, Azuki, Clone X, and Doodles collections have increasingly[…]

DeFi token AAVE expects a 40% rise in May, but “bull trap” risks remain

A classic technical indicator suggests that AAVE’s price may rise to $105 in the coming months. A sharp rebound move in the Aave (AAVE) market over the last three days suggests that it has the potential to rise further in May, according to a technical indicator. The price of AAVE has recovered from a key[…]

Bitcoin’s 30-Day Volatility has dropped to a 17-month low.

Market makers from DeFi option vaults may be the unseen force assisting in the creation of a price boundary.There is a ruckus in the bitcoin (BTC) market, similar to what we saw before the start of the late 2020 bull run. According to data from Arcane Research, the leading cryptocurrency’s 30-day volatility, which measures the[…]

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