In simple terms, the unpredictability of cryptocurrency prices lately has caused a significant increase in the number of forced redemptions on Ethereum lending services. The amount of funds liquidated from these platforms in April has already exceeded previous record highs for this month, with half of it still remaining. Liquidations are a frequent occurrence in … Read more
Sydney, Australia, Date, Chainwire The most popular lifestyle app on the decentralized web, boasting a user base of 5 million, has partnered with Adidas. This collaboration will result in digitally branded sneakers being made available to these users. Today, STEPN’s move-to-earn lifestyle app introduces the restricted-supply NFT sneaker series – STEPN x adidas Genesis Sneakers … Read more
The price of Bitcoin has climbed above $66,000, increasing by approximately 3% within the last 24 hours. This upward trend follows announcements from several Hong Kong-based firms that their applications for Bitcoin and Ethereum spot Exchange-Traded Funds (ETFs) have been given the green light by the Securities and Futures Commission. It was expected that the … Read more
The biggest German federal bank is planning to debut cryptocurrency custodial services in partnership with crypto platform Bitpanda. This offering is aimed at attracting institutional and corporate customers. In the second half of 2024, Landesbank Baden-Württemberg (LBBW), Germany’s largest government-supported financial institution managing over $350 billion in assets, plans to introduce crypto custody services for … Read more
The price of Bitcoin (BTC) picked up steam the day after dipping to a one-month low of $61,500, spurred by escalating tensions between Iran and Israel. Bitcoin has increased by 3.2% over the past 24 hours and is priced approximately at $66,450 as of now. The market value of this cryptocurrency has exceeded $1.3 trillion, … Read more