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We Are SG Minting Begins to Celebrate Singapore National Day
8.8.2022
We Are SG, also known as WASG, is being launched by GERMS Digital to celebrate Singapore National Day 2022. The NFT collection features 9,822 NFTs that Singaporeans have created. The NFT collection depicts everyday Singaporean activities like national service men and delivery drivers. Out of...
Korea Blockchain Week, Aug. 8: First-day takeaways from the Cointelegraph team
8.8.2022
The first day of the main stage event included a keynote presentation from Ethereum’s Vitalik Buterin, 1inch Network's Sergej Kunz, and Klaytn Foundation’s Sam Seo
Bitcoin, Ethereum Technical Analysis: ETH Rebounds on Friday, Climbing Above $1,700
5.8.2022
Ethereum rose above $1,700, while bitcoin snapped a seven-day losing streak on Friday, with prices rebounding in today’s session. The move came ahead of this afternoon’s payrolls report, which is expected to show that 250,000 jobs were added to the U.S. economy in July. Bitcoin Ahead...
Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product
3.8.2022
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages...
Biggest Movers: APE Hits 2-Month High, as UNI Nears Highest Point Since April
3.8.2022
Apecoin rose to its highest point in over two months on hump day, as prices rebounded following a two-day losing streak. Uniswap was another big mover on Wednesday, as the token climbed by as much as 14%. Overall, the global crypto market cap is trading 2.79% higher as of writing. Apecoin (APE)...
Ether's Failure to Break Through 100-Day Price Average Clouds Bullish Outlook
2.8.2022
Ether's trajectory is suddenly in doubt after it failed to push past a key technical threshold on price charts
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,500 as Prices Extend Recent Declines
2.8.2022
Ethereum was once again trading in the red, as prices of the token fell below $1,600 during today’s session. Tuesday’s drop is the fifth consecutive day that prices of the cryptocurrency have moved lower. Bitcoin also extended its streak of declines, falling under $23,000 in...
US Personal Consumption Expenditures Tap Record Highs, Stanford Economist Says Fed Should Increase Rates Above 9%
31.7.2022
On July 29, the U.S. Bureau of Economic Analysis reported on America’s personal consumption expenditures (PCE) price index for the month of June, and the figure saw the largest 12-month increase since 1982. On the same day, Stanford University’s senior fellow at the Hoover Institution...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Weekend
30.7.2022
Following strong gains on Friday, bitcoin was consolidating under a key resistance level to start the weekend. Bulls opted to secure gains as price uncertainty heightened in crypto markets, which as of writing are down 1% on the day. Ethereum was also marginally lower in the session. Bitcoin After...
Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day
29.7.2022
On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation. The mining facility dubbed “The Bunker,” now has approximately 3.8 exahash per second (EH/s), after...
Bitcoin, Ethereum Technical Analysis: BTC Climbs Above $24,000, While ETH Nears $1,800
29.7.2022
Bitcoin rose for a third consecutive session on Friday, as prices rose above $24,000 to end the work week. Today’s rise comes as sentiment in crypto remains bullish, following Wednesday’s interest rate hike by the Fed. Ethereum was also higher, as prices approached $1,800. Bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC Surges by $2,000, Climbing Above $23,000 as Fed Hikes Bank Rate
28.7.2022
Crypto prices surged in today’s session, as markets continued to react to the Federal Reserve’s latest interest rate hike. The Fed opted to raise rates by 75 basis points (bps) for a second consecutive meeting. Bitcoin briefly rose above the $23K mark earlier in the day, with ethereum...
Bitcoin Awaits US GDP After Biggest Single-Day Gain in 6 Weeks
28.7.2022
With the Fed ditching forward guidance, data releases like GDP and inflation could inject more volatility into markets than ever
Biggest Movers: ETC Nears 10-Week High, as TRX Extends Recent Gains
27.7.2022
Ethereum classic was approaching a ten-week high on Wednesday, as prices rose by over 14% in today’s session. These gains came as prices rose for a second consecutive day, with tron also extending recent gains during hump day. Overall, the crypto market cap is 1.51% higher as of writing....
Bitcoin heads into FOMC day on 24-hour highs amid concern over $24.3K top
27.7.2022
The Fed keeps markets on their toes while Bitcoin price action manages to inch higher prior to the Wall Street open
NFT Sales Volume Slips 8% Lower Than Last Week — Moonbirds, Electricsheep, Moonbirds Oddities Lead in Sales
26.7.2022
During the last few weeks, non-fungible token (NFT) sales have remained flat and data from the past seven days have shown NFT sales are down 8.11% lower than the week prior. Despite the downturn, a few NFT collections saw significant percentage increases in terms of sales as the collections like...
Biggest Movers: SOL Slips to 12-Day Low, as NEAR Drops by Nearly 12% on Tuesday
26.7.2022
Solana fell for a second consecutive session on Tuesday, pushing the token to its lowest level in twelve days. The move comes as sentiment in crypto markets turned bearish ahead of tomorrow’s FOMC meeting. Near protocol was also lower, dropping by as much as 12% today. Solana (SOL) Solana...
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,400 Support, BTC Hits $21,000 Prior to Federal Reserve Meeting
26.7.2022
Ethereum fell below its recent floor of $1,500 earlier in today’s session, as bearish pressure intensified in crypto markets. Uncertainty in the market has heightened today, as traders prepare for yet another rate hike from the Fed. Bitcoin was also lower for a second consecutive day,...
Chipotle’s ‘Buy the Dip’ Game Plans to Reward Players With $200K in ETH, BTC, SOL, AVAX, and DOGE
25.7.2022
Chipotle Mexican Grill, often referred to as simply Chipotle, has announced a new cryptocurrency game that encourages fans to “Buy the Dip.” The game aims to give away over $200K in crypto rewards and coupons for specific foods priced at a penny. Chipotle Returns With Another...
Stats Show Over 53,000 Wrapped Bitcoins Were Removed From Circulation in the Last 3 Months
24.7.2022
Three months ago, there were 441,546 wrapped or synthetic bitcoins on the Ethereum and Binance Smart Chain worth $17.45 billion using exchange rates on April 24, 2022. Since then, that number has dropped by 53,582 synthetic bitcoins and today the number of wrapped or bonded bitcoins...