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DeFi – Page 5 – BitcoTasks BLOG
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UNI Price Prediction – Uniswap Turns Green and Eyes More Upsides

Uni

UNI price started a decent increase above the $$10.00 resistance. Uniswap is showing positive signs and might eye more upsides above the $11.75 resistance. UNI started a fresh increase above the $10.00 resistance zone. The price is trading above $11.00 and the 100-hourly simple moving average. There was a break above a connecting bearish trend…

UNI Price Prediction – Uniswap Turns Green and Eyes More Upsides Read More »

Coinbase Bears The Brunt Of Supreme Court’s Dogecoin Verdict, DOGE Suffers 4% Slump

Coinbase

In a recent ruling that could have implications for the crypto industry, the US Supreme Court unanimously sided against US-based cryptocurrency exchange Coinbase, over a 2021 Dogecoin (DOGE) sweepstakes dispute.  The court’s decision, delivered by Justice Ketanji Brown Jackson, dismissed Coinbase’s argument that a ruling against it would invite legal turmoil, emphasizing the importance of…

Coinbase Bears The Brunt Of Supreme Court’s Dogecoin Verdict, DOGE Suffers 4% Slump Read More »

FTM’s Key Support At Risk As Fantom Launches Sonic Foundation And Wraps $10M Funding

Fantom

The Fantom Foundation has recently disclosed its plans to establish the Sonic Foundation and Sonic Labs in preparation for the launch of its Sonic blockchain.  In an announcement on Thursday, the foundation expressed its commitment to leveraging its technology and revealed additional details about the upcoming developments. Fantom Introduces Sonic Chain According to the foundation’s…

FTM’s Key Support At Risk As Fantom Launches Sonic Foundation And Wraps $10M Funding Read More »

Black Phoenix (BPX) Emerges As The Crypto King With Mind-Blowing 4,000,000% Growth In 24 Hours

Breaking News Ticker

The crypto industry has been dominated by the recovery of major cryptocurrencies and regulatory developments, but one unexpected player has taken the market by storm. Black Phoenix, a payment system protocol, and its native token, BPX, have witnessed an astonishing surge in price, outperforming the entire market with historical performance. Notably, Black Phoenix’s BPX token…

Black Phoenix (BPX) Emerges As The Crypto King With Mind-Blowing 4,000,000% Growth In 24 Hours Read More »

UNI Price Soars 20% As Uniswap Labs Pushes Back Against SEC’s Wells Notice

Uni

Uniswap Labs, the creator of one of the largest decentralized trading platforms, is challenging a potential enforcement action by the US Securities and Exchange Commission (SEC), arguing that crypto tokens should not be classified as securities.  The New York-based firm recently refuted the allegation that it operated as an unregistered exchange and broker-dealer. This response…

UNI Price Soars 20% As Uniswap Labs Pushes Back Against SEC’s Wells Notice Read More »

Gala Games Recovers $23M Stolen By Hacker, Plans Token Buyback Program

Cryptocurrency Market News

In a recent security incident, Gala Games, a Web3 gaming company, fell victim to an exploit that led to the unauthorized minting of 5 billion tokens, equivalent to approximately $214 million.  The hacker behind the breach subsequently sold 592 million GALA tokens, amounting to $21.8 million in value, as blockchain analysis firm Lookonchain confirmed. CEO…

Gala Games Recovers $23M Stolen By Hacker, Plans Token Buyback Program Read More »

Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher

Optimism

Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) 2024, with its native OP token surging 9% on the back of this bullish momentum. Optimism Sees Higher Activity And Rising Transaction Fees According to a recent Messari report, Optimism’s circulating market cap increased 11% quarter-over-quarter (QoQ)…

Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher Read More »

Avalanche Rising: Will The Wine Capital Fund Turbocharge Gains Above $40?

Avalanche

AVAX, the native currency of Avalanche, a high throughput blockchain, is rising, adding an impressive 9% from May 15 lows. Buyers are taking over after weeks of lower lows. While the expansion of Bitcoin prices could explain these gains, there could be more. Fine Wine Investment Fund Tokenized On Avalanche Avalanche has announced tokenizing a…

Avalanche Rising: Will The Wine Capital Fund Turbocharge Gains Above $40? Read More »

ICP Price Drops 10% As DFINITY Foundation Unveils Updated Internet Computer Roadmap

Cryptocurrency Market News

The DEFINITY Foundation, the company behind developing the Internet Computer protocol, has recently unveiled an updated roadmap to facilitate increased artificial intelligence (AI) blockchain adoption.  As the native token of the network, ICP continues to lead among AI tokens and holds the 22nd position in the top 100 cryptocurrencies. However, recent price drops have prompted…

ICP Price Drops 10% As DFINITY Foundation Unveils Updated Internet Computer Roadmap Read More »

dYdX Trading Inc Founder Antonio Juliano Steps Down As CEO, Token Takes a Hit

Altcoin

Antonio Juliano, the founder of dYdX Trading Inc., has announced his decision to “step down” as Chief Executive Officer (CEO), citing a mix of “personal and professional reasons.” This move marks a significant change for the company behind the decentralized derivatives exchange dYdX. Juliano will transition to the roles of Chairman and President, with Ivo…

dYdX Trading Inc Founder Antonio Juliano Steps Down As CEO, Token Takes a Hit Read More »

Aptos Posts Triple-Digit Gains In Key Metrics, Yet APT Price Struggles At $8.40

Aptos Apt

According to a report by Messari, Layer 1 (L1) blockchain Aptos experienced substantial gains in key metrics during the first quarter (Q1) of the year. The growth was driven by the surge in Bitcoin prices to new record highs and increased capital inflow in the market.  However, Aptos’ native token, APT, has struggled with price…

Aptos Posts Triple-Digit Gains In Key Metrics, Yet APT Price Struggles At $8.40 Read More »

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