All there is to know about Compound Finance’s latest proposal

The proposed launch of Shibarium contributed to improved sentiment toward SHIB. Investors, however, might be running out of patience. The proposed launch of the much-awaited layer-2 blockchain Shibarium and the ongoing bull run in the general market has led to a growth in Shiba Inu’s [SHIB] price and has resulted in an improved sentiment since the year began, a new report from Santiment showed.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. AVAX could reclaim its pre-FTX level in the next few days. The Funding Rate for AVAX remained positive in the derivatives market. Avalanche [AVAX] is an inch away...

The Aave community passed the AIP 14 to authorize clearing CRV’s bad debt. Aave’s on-chain transaction volume was largely at a loss at press time. On 26 January, the developers of the Aave [AAVE] protocol had announced that they had acquired 2.7 million Curve [CRV] tokens from the latter’s platform.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. FTM was strongly bullish on the three-hour chart despite its sideways structure. Short-term holders enjoyed massive gains. Fantom [FTM] has remained relatively bullish in the past week, apart...

Chiliz’s network upgrade may increase demand exponentially. Short-term CHZ prospects remained weak, but the long-term outlook just got a lot better. The Chiliz [CHZ] network was in the midst of a major network upgrade at press time. According to an update by founder Alexandre Dreyfus on 26 January, Chiliz 2.0 would introduce various positive changes.

The global oil market remains tight according to Saudi Aramco, the largest oil producer in the world. And that does not bode well for a world that still relies heavily on fossil fuels. Disclaimer: We adhere to strict standards of editorial integrity to help you make decisions with confidence. All...

Bitcoin may be thrust into unchartered territory as BRICS challenges the U.S. dollar. Assessing the potential outcome for Bitcoin if BRICS succeeds. An interesting thing is happening in the global arena and it might just be one of the major factors that may influence Bitcoin demand later this year. A battle is being waged against the dollar and this might challenge its global reserve status.

Optimism NFT quests drive growth, usage, and volume. Despite the growth, Optimism lags behind in TVL when compared to Arbitrum. Optimism, a DeFi protocol, saw a significant increase in activity due to its NFT quest projects. The projects have resulted in impressive growth for all participants, with an average growth rate of 32%.

Argo Blockchain is facing a class action lawsuit filed by its investors. The lawsuit accuses the firm of misleading investors and misrepresenting facts. Bitcoin [BTC] miner Argo Blockchain will be the subject of a class action lawsuit filed by its investors. The London-based mining firm has been accused of misleading its investors during its initial public offering (IPO) in 2021.

A look at how the upcoming FOMC meeting will influence the Shiba Inu demand. Bullish bias forming but investors still moving with caution in anticipation of final results. The Shiba Inu community is undoubtedly pleased with SHIB’s performance in January. But now that the month is coming to its conclusion, a sense of uncertainty has returned to the market, especially in regard to its performance in February.

Bitcoin may regain some volatility to end the month as options expire. Exchange reserves drop to a monthly low but some whales are still cashing out. There are only a few days remaining until the month ends but this might be enough time for a major Bitcoin move. It has been losing volatility in the last few days but there is one event that can potentially trigger a resurgence of volatility.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. SOL was in a neutral structure on the three-hour chart. The Funding Rate remained positive despite a slowed development activity. Solana [SOL] swiftly went from $20 to $25...

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. LTC dropped below its rising channel. LTC’s price consolidation could persist into the weekend but change early next week. Litecoin [LTC] hit rock bottom of $61 in...

Market indicators revealed that Ethereum Classic’s price might register a decline soon. In fact, the alt’s metrics looked in favor of the bears. Ethereum Classic [ETC] recently disclosed its notable achievements in 2022 and also highlighted a few of its plans for the ongoing year. In this regard, Ethereum Classic DAO’s tweet elaborated on the launch of ETC Swap in 2022 and the capabilities that it brought to the table.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. AXS posted 30% gains in the past week. It also recorded massive demand despite mounting selling pressure. Axie Infinity [AXS] has been recording impressive weekly performances. It posted...

Litecoin hits transaction and hash rate milestones, but investors are still sitting on the sidelines. LTC was stuck in limbo as demand slowed down amid weak sell pressure. Litecoin [LTC] concluded an interesting week during which it managed two major milestones. On 27 January, the network announced that it had facilitated slightly over 142 million transactions.

TRON’s weekly report highlighted the updated statistics of the network. Despite registering price gains, TRX’s performance on the metrics front was sluggish. TRON [TRX] recently released the latest edition of its weekly report, revealing how the network has been performing during the last seven days. The report mentioned all the notable developments that happened in the TRON ecosystem.

Uniswap’s NFT aggregator registered a sharp uptick in sales volume and active users. Native token UNI jumped by 3.61% at press time. As per a tweet by crypto analyst firm Messari on 27 January, about $3.3 million worth of NFTs in volume was routed through Uniswap [UNI] in the first month of its launch.

Aave experiences a decline in the number of unique users and transactions despite growth in staked ETH. Even so, interest in the token continues to increase. According to recent data by Messari, it was observed that the stETH pool on the Aave protocol became the largest deposit pool on the platform.

Ethereum-based NFTs on OpenSea saw its highest monthly sales volume since August 2022. OpenSea saw increased activity in the last 30 days. With Blue Chip non-fungible tokens (NFTs) collections at the forefront, the year has so far seen a resurgence of interest in profile-picture (PFP) NFTs. Ethereum-based NFT sales have...