Since its 2009 inception, Bitcoin has heralded a shift from traditional to decentralized finance (DeFi), signaling the future of financial markets. Today, the crypto landscape extends beyond Bitcoin, with multiple projects contributing to a dynamic ecosystem of financial innovation. In this article, Old Street Digital COO Nic Basson explores the new investment frontier. Bitcoin’s debut…
VALR, Africa's largest cryptocurrency exchange by trading volume, has launched perpetual futures trading, featuring the world's first Bitcoin and USDT perpetual futures paired against the South African Rand. With the introduction of the BTC/ZAR and USDT/ZAR perpetual pairs, VALR has also listed the BTC/USDT perpetual future, offering an alternative to the likes of Binance, ByBit…
Ethereum, the world’s second-largest cryptocurrency, has seen its recent rally come to a screeching halt as Ethereum (ETH) has erased all of its gains in the wake of the highly anticipated Shanghai upgrade. While many had high hopes for this upgrade, which promised to improve the network’s speed and scalability, the market seems to have…
Tornado Cash token (TORN) is trading on a negative 13% in today’s trade session, canceling its previous day’s gains and rally, which saw the token rise close to the $12 mark. Coinmarketcap data reveals the token to be trading at $8.77 at the time of writing, a significant drop from where it was in price yesterday.…
Amid the bearish trend that suppressed several coin prices, including Bitcoin, the Zilliqa token emerged among the gainers. Zilliqa secured first place among top-gaining coins in the bearish cryptocurrency market with a 9% uptrend over the past 24 hours. This price move follows a network performance statistics update shared by a Twitter community member @inna_everstake.…
OKB, the native cryptocurrency of the OKX exchange, is defying the odds in the midst of the current crypto market downturn, registering an unexpected surge in price and demand. Despite the latest turbulence in the crypto industry, OKB has managed to maintain its bullish momentum. This sudden upswing has caught the attention of investors and…
Shiba Inu (SHIB), the beloved meme-inspired cryptocurrency, is feeling the heat as the entire crypto market bleeds red on April 21. But unlike some of its peers, Shiba Inu seems to be stuck in a price range, leaving investors wondering if it’s the calm before the storm or the new normal. When a cryptocurrency, or…
SHIB token burn rates are seemingly rising on the Shiba Inu network. The current number of Shiba Inu burn trackers is quite surprising. However, data shows it is due to the degenerative performance of the SHIB burning machine. On-chain data shows that the SHIB burn rate observed a massive 1682.07% increase over the past 24…
The lending platform AAVE has been enjoying positive news lately. According to reports, AAVE has passed a governance proposal that would eradicate all bad debt it accumulated when Avraham Eisenberg, orchestrator of the Mango Markets exploit, targeted the platform’s Ethereum V2 liquidity pool back in November 2022. However, the governance token of the platform, AAVE,…
The U.S. government is set to tighten regulations to mitigate the growing risks associated with the crypto industry. This development comes after increased scrutiny following the collapse of FTX and Terra Luna in 2022. In a press release on January 27, the White House put forward a comprehensive roadmap designed to protect investors and hold…