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Here’s 5 altcoins to study as crypto prices drop close to a 1-year low
24.1.2022
Crypto prices continue to take a beating, but value-focused investors might consider taking a closer look at MATIC, FTM, DOT, FXS and CRV
Technical Analysis: Cosmos Climbs Higher, While Solana’s Fall Continues
24.1.2022
After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day. Cosmos One such crypto was cosmos (ATOM), which was the biggest gainer in the top 20, climbing by almost...
Top Meme Coins by Market Capitalization Shed Billions, DOGE Down 80% Since All-Time High
24.1.2022
As digital asset markets have shed significant value during the last two weeks, the top meme coins by market capitalization have dropped considerably against the U.S. dollar. The top meme asset dogecoin has lost 23.9% over the last seven days, while shiba inu’s value was reduced by 31.1%...
Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Month Low
24.1.2022
The selloff in cryptocurrencies continued to start the week, with bitcoin falling to its lowest level since July. Ethereum was also trading in the red, hitting multi-month lows in the process. This comes as the overall global market cap in cryptos was down close to 9% at the time of writing....
UBS Warns of Crypto Winter Amid Expectation of Fed Rate Hikes and Regulation
24.1.2022
UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank’s analysts explained several major reasons affecting the prices of cryptocurrencies. UBS Expects Crypto Winter That Could Last Years Switzerland’s...
Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits
23.1.2022
After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This weekend, Bitcoin’s hashrate is coasting along at 189 exahash per second (EH/s), after dropping to a...
Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions
23.1.2022
Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. Bitcoin...
Despite the Drop in Crypto Prices, Weekly NFT Sales Reach $4.7 Billion, Increasing 81%
22.1.2022
While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Statistics indicate $4.7 billion in NFT sales were settled in seven days among 326,733 buyers, and Ethereum saw a continued rise in NFT sales volume. NFT Sales Remain...
Bitcoin Price Slips Below $36K, BTC Dominance Increases, Billions Leave Crypto Economy
22.1.2022
The price of bitcoin tapped a new low this year hitting $34K per unit at just after 5 a.m. (EST) on Saturday morning. Bitcoin is now down over 48% lower than its all-time high (ATH) reached two months ago on November 10, 2021 — when it jumped above the $69K mark. During the last week...
El Salvador buys its cheapest 410 Bitcoin as prices reach $36k
22.1.2022
President Nayib Bukele confirmed that the purchase of 410 BTC was made against $15 million, placing the trading price at approximately $36,585 per BTC
These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022
21.1.2022
A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago. Moreover, the most valuable cryptocurrencies in terms of U.S. dollars per unit have also changed, and the top ten most expensive...
Bitcoin Falls Beneath $40K, Dragging Crypto Economy Below $2 Trillion
21.1.2022
On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire...
High Oil Prices Boost Commodity Currencies, Dollar Rally Stalls
20.1.2022
An overnight change of fortune has resulted in a hike in commodity currencies like Canadian and Australian dollars. The hike was caused by a sudden surge in the price of oil which in turn supported the aforementioned currencies to take a firm hold in the market. The US dollar, however, came to...
Bitcoin Dominance Increases, ETH’s Market Share Slides, Stablecoin and Smart Contract Coins Rise
19.1.2022
On Wednesday, the crypto economy of 12,620 coins across 543 exchanges is hovering just above the $2 trillion mark. Ever since the crypto economy’s market slump, bitcoin’s market dominance among all the coins in existence has slowly risen from 37% zone back over the 38% range....
US Senator’s Inflation Report Says ‘Its Only Going to Get Worse,’ Truflation Oracle Reveals True Inflation Rate
19.1.2022
America’s media, central bankers, and bureaucrats continue to debate the rising inflation in the U.S. that has raised the cost of living and increased the prices of goods and services nationwide. Senator Rand Paul, R-Ky., believes the inflation is “only going to get worse”...
Top 3 Rebase Token Markets Shudder — Stats Show TIME, OHM, BTRFLY Lost Billions Since All-Time Highs
18.1.2022
While the crypto economy has shed more than 3% in fiat value during the last 24 hours dropping to $2.09 trillion, the top rebase tokens by market capitalization have seen significant losses this week. At the time of writing, the rebase token economy is valued at over $3.2 billion but has lost more...
New Web3 Merchant: Autoworld Integrates Utrust and Prices Cars in EGLD
18.1.2022
Elrond acquired Utrust in the previous week. This was termed Web3 Payment Revolution. The acquisition specifically targets eCommerce companies and payment methods. The acquisition has now entered the automobile market, with Autoworld being the first one to integrate Utrust with its selling process....
15 Privacy Coins See Double-Digit Weekly Gains, Monero Jumps 13%, Secret Gains 50%
17.1.2022
Despite the fact that regulations have tightened and bureaucrats worldwide are scrutinizing cryptocurrency usage, a few privacy coins have jumped considerably higher in value over the last week. Monero jumped 13% during the last seven days, while the token secret increased 50%, and dusk spiked...
Cardano Price Surges After Metaverse Project Launch, ADA Gains More Than 30% in 7 Days
17.1.2022
The smart contract token cardano has surged in value during the last 24 hours after a metaverse project called Pavia launched. Seven-day statistics indicate that cardano’s price has spiked 30.9% over the week and took over the fifth-largest crypto market cap position on Sunday evening (EST)....
$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge
16.1.2022
During the last seven days, there’s been $2.53 billion non-fungible token (NFT) sales, up 161% over the past week. Ethereum’s blockchain recorded the most NFT sales with $2.45 billion of the aggregate while the Solana network saw around $31.9 million in NFT sales this week. Across...