Author: James Wilson
All over the world, people use traditional financial services every day. However, these services are provided by big banks and always have a single point of failure. But Blockchain-powered with smart contract technologies is changing the way we manage wealth or do finance. Today we will talk about what is DeFi (Decentralized finance). DeFi (Definition) DeFi is the domain of financial services built using decentralized technologies. These services are financial primates, such as lending, borrowing, swap, trading, asset management, etc. Total Value Locked in Ethereum DeFi is around $1 Billion now (defipulse.com) DeFi vs. Traditional Finance DeFi services are better than traditional finance…
In our previous article on Bitcoin Mining, we looked at the overall functioning of the bitcoin mining process. In this article, we will take a deeper dive into the technical aspect to understand how Bitcoin mining work? Read: What is Bitcoin mining? [Everything you need to know] What is the Byzantine Fault Tolerance(BFT) Problem? In simple words, BFT lets a decentralized system function normally in an adverse situation when there is a malicious user in the system, or a fraction of the system fails. When the majority of users in a system are ethical personals (i.e., people who follow the rules), they…
Our previously published Outset Data Pulse report concluded South Korea is a vital player in Asia’s crypto media industry. This time, using fresher data from August to October, we examine what happened across the region as a whole at a time when the crypto market’s speculative frenzy cooled off and casual readers lost interest. Summary Asia’s crypto media traffic fell nearly 15% from August to October as hype-driven readers exited, with direct traffic holding steady at around 54%. 81% of visits stayed concentrated among 20 trusted outlets, but readership loyalty remained fragmented by country, with no single regional hub. Publishers…
Key Takeaways The newly approved Virtual Asset Service Providers (VASP) law makes crypto trading legal nationwide while empowering regulators to license and monitor companies operating in the sector. Under the new legislation, exchanges, wallet providers and custodial services will be required to obtain licenses before operating In a major development, Ghana has taken a decisive step toward formalising its fast-growing digital asset economy, passing legislation that places crypto trading under a clear legal and supervisory framework for the first time in the African country. The newly approved Virtual Asset Service Providers (VASP) law makes crypto trading legal nationwide while empowering…
The Shiba Inu Coin price was flat on Monday, Dec. 22, and hovered near its lowest level since October 2023. Summary Shiba Inu price has formed a large falling wedge chart pattern on the daily chart. The token’s burn rate jumped by 133% on Monday to 7.2 million. The supply of SHIB tokens has continued to fall over the past few months. Shiba Inu (SHIB), the second-biggest meme coin in the crypto industry, was trading at $0.0000073, down by nearly 80% from its highest point in 2024. SHIB token has dropped recently despite having some notable catalysts. For example, data…
The crypto market held steady today, Dec. 22, after a report said JPMorgan, the largest U.S. bank, was considering entering the industry with trading services. Summary The crypto market is eying a rebound after a major report on JPMorgan, the largest U.S. bank by assets and market capitalization. The company is considering offering crypto trading services to institutional clients. It joins other companies like Standard Chartered, Vanguard, and BlackRock that are offering crypto solutions. Bitcoin (BTC) price jumped to $90,000, while the cumulative market capitalization of all coins tracked by CoinGecko rose by 2% to $3.12 billion. Some of the top…
Dogecoin price forms an inverse head-and-shoulders pattern near $0.13, suggesting downside exhaustion as bulls attempt to reclaim key resistance for a potential recovery rally. Summary Inverse head and shoulders forms around the $0.13 support zone. Price must reclaim the neckline and Point of Control with volume. Breakout could open a move toward the $0.15 resistance. Dogecoin (DOGE) price is showing early signs of a potential trend reversal after forming an inverse head-and-shoulders pattern near the $0.13 level. This structure has emerged following an extended downtrend, a context in which inverse head-and-shoulders patterns often carry greater technical significance. While confirmation is still required,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP price uncertainty persists, some investors are turning to IO DeFi as a way to maintain cash flow and manage risk during prolonged market volatility. Summary With XRP and other major assets trading sideways, investors are prioritizing capital efficiency and steady cash flow over short-term gains. IO DeFi offers a structured yield model designed to generate relatively stable daily returns without relying directly on market movements. Many investors are using IO DeFi alongside long-term crypto holdings to reduce…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With Bitcoin flashing bear market signals, some investors are exploring cloud mining platforms like Arc Miner for fixed, price-independent crypto returns. Summary ETF outflows, slowing demand, and BTC trading below its 365-day moving average point to continued downside risk. Arc Miner offers USD-denominated daily returns converted to BTC, designed to limit exposure to price swings. No hardware or active trading is required, positioning cloud mining as an alternative during volatile markets. Recent analysis shows multiple signs indicating an impending…
XRP price prints a swing failure pattern at $1.80 and reclaims support, suggesting downside exhaustion as traders watch the $1.98 level for bullish confirmation. Summary The swing failure pattern forms at $1.80, suggesting a local bottom. Price remains below the $1.98 Point of Control resistance. Reclaiming $1.98 could open a move toward $2.20. XRP (XRP) price is showing early signs of a potential bottom after forming a swing failure pattern (SFP) around the $1.80 level. This pattern, often associated with downside exhaustion, has emerged as the price reclaimed the $1.80 region after briefly trading below it. While confirmation is still pending, the…