Trouble in Defi Paradise: Compound-Issued DAI Surpasses DAI in Circulation
A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much larger than what is recorded in circulation. At press time, Compound statistics show there’s $523 million worth of...
UK Court Denies Maduro Access to $1 Billion of Venezuela’s Gold
The UK is denying Nicolas Maduro access to Venezuela’s gold worth about $1 billion, stored at the Bank of England. The UK High Court has ruled that the country does not recognize Maduro as president of Venezuela, blocking him from accessing the much-needed gold....
Bears look to pull Bitcoin down to $8,600 as Bollinger Bands tighten their squeeze
Bitcoin dropped to lows of $8,980 again as price remains trapped in a range Bitcoin price is likely to break down if indicators remain bearish as seen over the past few weeks. As has been observed since the supply squeeze in May, the price of the benchmark...
Stellar price analysis: lower correction inbound before a bullish push to June highs
XLM/USD price is trending lower as buyers fail to hold gains racked up in four straight sessions of upward momentum XLM/USD is slightly bearish on the hourly charts as bulls fight to retain the upper hand on the daily timeframes. As of press time, the pair has shed...Interesting 13
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