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  • A sharp drop in TVL and DApp use preceded Avalanche’s (AVAX) 16% correction
    Cointelegraph.com News - 11 hours ago
    AVAX price gave up recent gains after correcting by 16% and the network’s declining TVL and DApp use suggest that the protocol is losing ground versus its competitors. After an impressive 73% rally between July 13 and Aug. 13, Avalanche (AVAX) has faced a 16% rejection from the $30.30 resistance…
  • Nigeria aims for millions of new eNaira users as it increases features, targets unbanked
    Cointelegraph.com News - 12 hours ago
    Nigerian Central Bank governor Godwin Emefiele told attendees at the eNaira Hackathon that technical upgrades will add to the attractiveness and accessibility of the CBDC. The eNaira, Nigeria’s central bank digital currency (CBDC), will enter the second phase of its expansion with new technology to beef up its user base,…
  • Options data shows Bitcoin’s short-term uptrend is at risk if BTC falls below $23K
    Cointelegraph.com News - 14 hours ago
    BTC’s $335 million options expiry has become a death trap for bulls, and increased legal action by the SEC and IRS against crypto companies is adding to the sell pressure. Bitcoin (BTC) briefly broke above $25,000 on Aug. 15, but the excitement lasted less than an hour and was followed…
  • CME Group plans to launch options on ETH futures prior to the Merge
    Cointelegraph.com News - 15 hours ago
    The group reported it had observed an increase in trading volume and open interest for ETH futures and micro-sized ETH futures options, possibly in anticipation of the Merge. Major derivatives marketplace Chicago Mercantile Exchange Group intends to launch options trading for its Ether (ETH) futures products.In a Thursday announcement, the CME…
  • Blockchain venture capital funding down over 43% in July: Report
    Cointelegraph.com News - 15 hours ago
    The crypto market downturn is impacting private funding, but are recent declines in capital inflows as bad as the figures suggest? Typically a lagging indicator of the sector’s health, the explosion of venture funding in the blockchain sector in 2021 and the first half of 2022 appears to be cooling…
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