• The Personal Consumption Expenditure Price Index (PCE) increased by 0.6% in January, up 4.7% from a year ago, signaling the potential for further rate hikes by the Fed which could impact the crypto market. • U.S. equities markets and crypto markets took a hit after the PCE data release, while Bitcoin dropped below $24K […]

• Arbitrum recorded an impressive growth in its DEX trading volume with daily active users on the network skyrocketed in February. • GMX and Camelot protocols have been providing the impetus for Arbitrum’s performance, which has seen the total value locked (TVL) on the chain rise by 43%. • Speculation of a token AirDrop is […]

• Uniswap remains the most profitable DeFi protocol due to high protocol fees and its V3 deployment on BNB Chain. • Uniswap is the undisputed leader of the DEXes, capturing almost 75% of market share at the time of writing, with daily active users hitting six-month highs. • The total value locked (TVL) has moved […]

Summary: Binance Coin [BNB] had a good end to the year 2022 with increases in active addresses and transactions count. However, TVL and NFT ecosystems experienced a decline in revenue and total value locked. The new year brought better news for BNB as most of the cryptos gained bullish momentum. Overview of BNB Performance in […]