• Vechain [VET] saw a 47% appreciation in mid-February due to the release of the U.S. CPI for January and the launch of a new crypto wallet by enterprise blockchain. • There was a price/volume divergence at the time of writing, which could delay short-term recovery and overall momentum. • Bulls could target overhead resistance
• A new partnership between Xtalnia and ApeSwap has been announced as part of the ‘Jungle Farm’ campaign. • In Xtalnia, players can fight monsters in different stages and earn in-game currency in the PVE mode or compete with each other to earn in-game currency in the PVP mode. • ApeSwap is a multichain DeFi
• Ethereum’s DeFi Total Value Locked (TVL) is currently the highest in the market. • Rivals such as TRON and Optimism have seen their TVL increase, outperforming Ethereum over the past 30 days. • However, top contributors to the network have been scammers all along, using fake phishing to lure unsuspecting users. Ethereum’s TVL Highest
• TRON’s network experienced a surge in popularity, with Dominica and St Martin adopting TRX as legal tender and another major country set to legalize TRX soon. • The Tron ecosystem saw some interesting developments in the week that went by, including liquid staking and a decentralized resource marketplace. • TRON’s development activity nosedived while
• XRP is a cryptocurrency that facilitates fast and cheap cross-border money transfers. • Ripple is a decentralized payment protocol that uses XRP as a bridge currency, allowing transactions to settle in seconds instead of minutes or even days. • A report by CoinShares indicated that investors are confident of Ripple’s victory in a landmark
• Plan B, the creator of the stock-to-flow model, believes that the $15,500 region of November 2022 was the bottom of this cycle. • He projected that the bull market could return to occur in the following year, predicting the coin price hits $32,000 after the 2024 halving and $100,000 in 2025. • Several on-chain
• Chiliz has been gaining bullish momentum on lower timeframes, but approaches a key resistance level at $0.131 and $0.1485 on the daily timeframe. • A northward breakout is possible, as evidenced by the strong recent gains, but the token faces rejection at the $0.1275 mark in December and continued freefall to reach the local
• Ethereum Classic’s hash rate has recently experienced a slight increase, indicating an uptick in network activity. • Ethereum Classic [ETC] recently experienced a significant price pump due to whale activity, outperforming Ethereum [ETH] and Bitcoin [BTC]. • Ethereum Classic has encountered resistance from its 50-day simple moving average, indicating that the bullish momentum might
• Coinbase, a U.S-based cryptocurrency exchange, will be paying a fine of $50 million to New York regulators. • The fine was issued due to Coinbase not properly following up with suspicious activities detected by its internal systems and failing to do a thorough investigation on suspicious accounts. • The firm is also required to
• Curve Finance witnessed steady weekly growth in the last month of 2022, despite not seeing an uptick in TVL. • The platform had a consistent growth in terms of volume right until the end of the year 2022. • This may be attributable, at least in part, to the widespread fear, uncertainty, and doubt