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Osato Avan-Nomayo

Lagos

DeFi Correspondent at DL News

DeFi Correspondent @DLNewsInfo || Telegram: Osato || Scrabble and Poker hobbyist

Articles

  • 6 days ago | dlnews.com | Osato Avan-Nomayo

    Coinbase's revenue and net income fell in the first quarter. XRP outperformed Ethereum and Solana on the exchange. Chances are, Coinbase investors knew the first quarter was going to be lacklustre. Bitcoin, after all, skidded 11% in the period. Sure enough, retail crypto trading at Coinbase, the top US exchange, 17% in the first three months of the year, to $78 billion, according to the company’s earnings report.

  • 6 days ago | dlnews.com | Osato Avan-Nomayo

    The crypto market added $130 billion to its value in the last day. Bitcoin crossed $100,000 for the first time in two months. Ethereum soared 20%. Crypto bears got steamrolled over the last 24 hours with $873 million worth of short positions liquidated. That’s according to Coinglass, which noted the wipe-out as crypto prices ripped higher. Bitcoin crossed $100,000 on Thursday for the first time since February, while Ethereum leapt 20%.

  • 1 week ago | dlnews.com | Osato Avan-Nomayo

    XRP investors from last year's peak are still in profit on average. Capital influx into XRP has slowed since February. Market participants are split on XRP’s price prospects. XRP is down 32% since US President Donald Trump’s January inauguration, outpacing declines throughout the broader cryptocurrency market. But that doesn’t mean XRP holders are in the red, necessarily.

  • 1 week ago | dlnews.com | Osato Avan-Nomayo

    Governance participation in Arbitrum has slumped by half since 2024. Voter apathy is a major concern for DAOs.Proposal aims to kick start votes. What happens to a DAO when its governance token crashes? Plenty, it turns out, including a revamp of voting rules that are typically deemed sacrosanct in DeFi. Arbitrum, Ethereum’s second-biggest layer 2 network with $2.3 billion in investor funds, has tumbled 71% in the last 12 months.

  • 1 week ago | dlnews.com | Osato Avan-Nomayo

    XRP’s price didn't hold above $2.30 despite a massive April rally. Market data shows traders are still bullish. But crypto bettors no longer like XRP’s chances. The price of XRP may have dropped 10% in the last week, but some traders aren’t pressing the panic button. Long positions on XRP perpetuals, or perps ― futures contracts without expiration dates ― have exploded in the last week. The upshot: a snapback rally is not only possible, but very likely imminent, say analysts.

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Osato Avan-Nomayo
Osato Avan-Nomayo @OsatoNomayo
12 Aug 24

RT @DLNewsInfo: Binance exec in Nigerian prison is ‘almost bedridden’ https://t.co/BryNP0rgTf

Osato Avan-Nomayo
Osato Avan-Nomayo @OsatoNomayo
8 Aug 24

Tebogo, you beauty!!!!

Osato Avan-Nomayo
Osato Avan-Nomayo @OsatoNomayo
7 Jun 24

I’ve been a crypto reporter for seven years, and I’ve covered many cases of hackers stealing crypto. Last month, the same thing happened to me. You can read about how it happened in my latest piece for @DLNewsInfo Thanks to @EddieRob235 for polishing this 🙏

DL News
DL News @DLNewsInfo

I watched hackers drain $45,000 from my wallets — what I did wrong and what crypto must get right https://t.co/NEuSOhFUql