token

Celsius Token Price Rise Pegged to Market Dynamics Rather Than Fundamentals; BTC Retreats Again

Celsius Token Price Rise Pegged to Market Dynamics Rather Than Fundamentals; BTC Retreats Again

“In the last 24 hours, we’ve had a little bit of a pullback,” Joe Orsini, director of research at Eaglebrook Advisors, told CoinDesk TV’s “First Mover” program. “When you consider the move that’s been made with bitcoin up around 30% from June 18 lows, ether up about 115%, profit taking without FOMO, and some traders …

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Curve Finance [CRV] climbs up double digits, but is it enough for the DeFi token?

Curve Finance [CRV] climbs up double digits, but is it enough for the DeFi token?

DeFi tokens, including  Curve DAO Token [CRV], Uniswap [UNI], and 1INCH, were part of the cryptocurrencies that surged as of 29 July. In addition, none of the tokens gained as much as CRV throughout the uptick. Like it did some days back, CRV hit as high as $1.56— a new monthly high. As of 29 …

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Ethereum scaling startup Optimism confirms governance token as part of broader shift

Ethereum scaling startup Optimism confirms governance token as part of broader shift

advertisement Optimism, the Ethereum scaling startup, said Tuesday that it will shift to a new governance structure powered in part by a dedicated token. The details were included in an announcement thread shared on Twitter. At the heart of the effort is what has been dubbed the Optimism Collective, which is itself comprised of two …

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Blockchain interoperability protocol Connext unveils token, plans airdrop

Blockchain interoperability protocol Connext unveils token, plans airdrop

Connext, a blockchain interoperability protocol that enables developers to build cross-chain applications, has unveiled a native token called NEXT as it plans to convert into a decentralized autonomous organization (DAO). Sharing the news exclusively with The Block on Wednesday, Connext said NEXT is a utility and governance token that will power the full decentralization of …

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DeFi security provider Sherlock aims to raise $100 million in token round

DeFi security provider Sherlock aims to raise $100 million in token round

Quick Take Protocol security solution Sherlock hopes to widen its investor pool beyond VCs and angels.  This follows similar token-based rounds such as the recent $1 billion raise by Luna Foundation Guard. advertisement Sherlock, a startup that promises to protect crypto projects from smart contract hacks, is looking to raise $100 million in a public …

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