Chainlink launches data oracles on Arbitrum One, with the team also planning to soon launch its Proof of Reserve and Verifiable Random Function on layer two. Chainlink launches data oracles on Arbitrum one’s Ethereum scaling solution. Leading data oracle provider Chainlink(LINK) has announced its successful launch on Arbitrum One — the beta mainnet deployment of layer-two Ethereum scaling solution, Arbitrum.

Ethereum price drops below $3K, but ETH options data reflects optimism

$430 million in Ethereum(ETH) options expire on Friday and derivatives data shows that bulls are in control and planning to push prices higher in the short term. Ether price, bulls now enjoy a vast advantage leading into Friday’s options expiry. The net result would then be a $165 million advantage for this neutral-to-bullish instrument.

There’s still time for another ‘DeFi Summer’

Soaring token values, a steady inflow of new users, and a TVL approaching all-time highs are all signs that the DeFi sector is heating up. Decentralized finance (DeFi) has been a big part of the explosive growth seen across the cryptocurrency ecosystem in 2021 as decentralized exchanges like Uniswap(UNI) and SushiSwap(SUSHI) and lending protocols like Aave(AAVE) and Compound(COMP) have added a new dimension of token utility. 

Australian crypto users will have access to tax reporting services through

Crypto holders in the United States, Canada, and now Australia can generate tax reports using the exchange. In an announcement today, said it had tailored its existing tax services for the United States- and Canada-based crypto users to allow Australians to accurately report cryptocurrencies on their taxes.

Bitcoin bulls aim for $50K ahead of Friday’s $675M BTC options expiry

$675 million in BTC options expire this Friday and derivatives data suggests that bulls are favored to increase their control of the market. On Friday, Aug. 13, a total of $675 million worth of Bitcoin (BTC) options are set to expire and currently, the bulls enjoy a significant advantage after a 20% weekly rally to $46,743.

In Singapore, DBS Bank will Provide Crypto Services 

Dai vs. Traditional Fiat: Examining the Advantages and Disadvantages

In the world of finance, the emergence of cryptocurrencies has brought about significant changes to the traditional financial landscape. One such cryptocurrency that has gained considerable attention is Dai. In ...
Read More

Finding the Best Crypto News Sources in 2023

The cryptocurrency market is fast-paced and ever-changing. With new projects launching, regulations shifting, and prices fluctuating daily, it's essential for crypto investors to stay up-to-date on the latest developments. However, ...
Read More

Top 5 Best Memecoins in 2023

It's the year 2023, and the meme culture got more popular than anytime. Every industry started to use memes for marketing or purely for fun. The crypto space is not ...
Read More

Momentum Trading in Cryptocurrencies: Riding the Price Trends to Profit in 2023

In the ever-evolving world of cryptocurrencies, momentum trading has emerged as a prominent strategy for savvy investors seeking to capitalize on price trends. With the volatile nature of digital assets, ...
Read More
Australian crypto exchange launches learning scheme

Australian crypto exchange launches learning scheme

There has barely been a day over the past year or so when crypto has been out of the news in Australia. It all began with the sudden collapse of ...
Read More
Share with Others