S&P Global Ratings has issued a B- issuer credit rating to Sky Protocol, formerly known as Maker Protocol, in the first-ever rating by a major credit agency for a decentralized finance (DeFi) platform. Key Takeaways: S&P Global gave Sky Protocol a first-ever B- credit rating for a DeFi platform. The agency flagged risks including high…
Samson Mow, a well-known Bitcoin entrepreneur and founder/CEO of JAN3, warned that recent gains in Ether could be short lived as some investors move profits back into Bitcoin. According to his post, many ETH buyers already hold Bitcoin — often from ICOs or insider positions — and are rotating that BTC into ETH to drive…
Aave, one of the largest decentralized lending protocols, could see its net deposits soar to $100 billion before the end of this year, according to the platform’s founder, Stani Kulechov. In an Aug. 10 post on X, Kulechov explained that the DeFi protocol’s current growth rate could push it to that figure sooner than expected….
Artificial intelligence and cryptocurrency are two of the most revolutionary forces in finance today. Their convergence has given rise to a new frontier: AI tokens. These digital assets leverage machine learning to improve blockchain systems, creating more efficient, secure, and autonomous platforms. As innovation accelerates, the intersection of AI and crypto is gaining significant traction…
Bolivia and Algeria are taking opposite paths on crypto. Bolivia, which lifted its decade-long ban in mid-2024, has seen digital asset transactions surge over 500% in just six months, reaching $294M by April. Now, it’s partnering with El Salvador (the first country to adopt $BTC as legal tender) to share regulatory expertise, blockchain intelligence, and…
ETH is above $4,200, a level not seen since December 2021! Key Support levels: $4,000 Key Resistance levels: $4,862 1. Bulls Eye the ATH The last time ETH was this high in price it was 2021. This is a major signal to the market that buyers mean business and are ready to take this cryptocurrency…
Bitcoin price has surged close to 7% over the past week, a sharp move even for the OG crypto. The rally’s pace is drawing comparisons to the last push before its July 14 all-time high (ATH) at $122,838. However, a closer look at both on-chain and technical indicators shows that this time, market conditions are…
For too long, the promise of Web3 has been held back by a fundamental paradox, a technology designed to empower individuals has been so complex that it has alienated the average person. The journey into crypto has felt less like a discovery and more like an initiation, requiring users to grapple with seed phrases, confusing…
LDO, the native token of Ethereum’s largest decentralized staking platform, Lido, is today’s top gainer. Its price has climbed by 12% amid the broader uptick in crypto trading activity over the past 24 hours. LDO trades at a six-month high of $1.50 at press time, with on-chain metrics suggesting the token could be poised for…
BNB currently dominates the exchange token segment and attracts capital inflows from institutions and the community. If the current trend continues, BNB could remain at the center of the next altcoin wave. However, short-term volatility and profit-taking pressure are factors that need close monitoring. Dominant Position in the Segment Binance Coin (BNB) reached its all-time…