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Market Wrap: Bitcoin Stabilizes as Altcoins Take the Lead
17.3.2022
Altcoins led the way higher on Thursday, although bitcoin (BTC) was largely flat, suggesting a greater appetite for risk among crypto traders. CAKE rallied 20% and ApeCoin dropped 80% – a reminder of wild swings in crypto markets. Some analysts are optimistic with a $50K BTC price target
Worldcoin Pulls Out Of Numerous Countries Amid Data Privacy Concerns, Technological Challenges
17.3.2022
Major crypto exchange Coinbase-backed startup Worldcoin has decided to stop operations in at least seven countries as a result of intensifying logistics challenges that are impacting the company’s launch plans.
The company is advancing a project to distribute crypto to every person on...
Bitcoin and Ethereum Prepare For Next Move, Altcoins Gain
17.3.2022
Bitcoin price gained pace above the USD 40,000 resistance and traded above USD 41,000, but there was no upside continuation. It is currently (11:43 UTC) consolidating gains near USD 40,700 and is almost unchanged in a day.
Similarly, most major altcoins are showing positive signs. ETH traded...
Bored Ape Yacht Club and MetaMask Join the Altcoinization Bandwagon
17.3.2022
Popular non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC) and Ethereum (ETH) wallet MetaMask have confirmed their respective plans for tokens and decentralized autonomous organizations (DAOs) in a bid to reward some early adopters....
Read More: Bored Ape Yacht Club and MetaMask...
Bitcoin Reaches USD 41K, Ethereum Inches Higher, SAND and CELO Rally
17.3.2022
Bitcoin price started a fresh increase above the USD 40,000 resistance and tested USD 41,450. It is currently (04:07 UTC) correcting gains near USD 41,000 but still might continue to rise towards the USD 42,500 level.
Similarly, most major altcoins are also moving higher. ETH is up 5% and...
Bitcoin Tests USD 40K Again, Ethereum Accelerates, Altcoins Turn Attractive
16.3.2022
Bitcoin price declined sharply after a rally to USD 41,500, nearing USD 39,000, but it’s now (11:54 UTC) trading above USD 40,500 once again, having increased 5% in a day.
Similarly, major altcoins could accelerate too. ETH broke the USD 2,650 resistance and is now facing hurdles near...
Bitcoin and Ethereum Rally Fades, EGLD, WAVES, and GRT Jump
16.3.2022
Bitcoin price gained bullish momentum after it broke the USD 40,000 resistance. BTC jumped over 5% and even traded above USD 41,500. However, the bears appeared and the price is currently (04:00 UTC) back near USD 39,100. BTC is still 1% up in a day.
Similarly, most major altcoins are trimming...
South Korean Gaming Firms Looking to Emulate Axie Infinity P2E Crypto Gaming Success
16.3.2022
South Korean video game giants want to carve out a slice of the increasingly lucrative play-to-earn (P2E) crypto gaming pie – with heavyweight Neowiz set to drop a new crypto golf gaming title....
Read More: South Korean Gaming Firms Looking to Emulate Axie Infinity P2E Crypto Gaming Success
RUNE Extends Rally After Interest-Free Loans, Synths Unveiled
15.3.2022
The price of RUNE, the native token of the THORChain decentralized finance (DeFi) ecosystem, has risen strongly for the past week after a slew of new features was unveiled, including synthetic assets and loans with no interest....
Read More: RUNE Extends Rally After Interest-Free Loans, Synths...
Bitcoin and Ethereum Bears Dominate, Major Altcoins Struggle
15.3.2022
Bitcoin price attempted an upside break above USD 39,500, but failed. BTC started another decline below the USD 39,000 level and is currently (11:44 UTC) trading near USD 38,700.
Similarly, most major altcoins are struggling to climb higher. ETH failed above USD 2,570 and remains at a risk...
Terra’s Do Kwon Makes Massive Bet That LUNA Will Stay Above USD 88
15.3.2022
The CEO of Terra (LUNA), Do Kwon, has agreed to a rather large bet with a Twitter user that the price of LUNA will not be lower in one year than it is now.
“Who wants to take a USD 1,000,000 bet that LUNA will be lower price in 1 year than now?”
That question was posted on Twitter on Sunday...
Ukraine Launches Crypto Fundraising Site With FTX as Donations Slow Down
15.3.2022
Ukraine's Ministry of Digital Transformation, in cooperation with major crypto exchange FTX and staking platform Everstake, has launched a crypto fundraising site to provide interested users with a convenient portal for donating to Ukrainian causes....
Read More: Ukraine Launches Crypto...
Bitcoin and Ethereum Still Range-Bound, GRT and RUNE Accelerate
15.3.2022
Bitcoin price started another recovery wave above the USD 38,850 and USD 39,000 levels. BTC climbed above USD 39,500, before correcting below USD 39,000 again. The price is currently (04:02 UTC) consolidating above USD 38,700....
Read More: Bitcoin and Ethereum Still Range-Bound, GRT and RUNE...
Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days
15.3.2022
During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s...
Crypto Listing and Delisting Announcements: Week 11
14.3.2022
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Crypto Market Sentiment Drops; BTC and USDC on Top, WAVES Sees Biggest Jump
14.3.2022
Sentiment among traders and investors in the crypto market saw a slight drop this week, with volatile and ‘choppy’ markets in recent days and weeks frustrating traders who are looking for clear trends.
According to data from the market sentiment analysis service Omenics, the average 7-day...
Bitcoin and Ethereum Look for Direction, LUNA and RUNE Accelerate
14.3.2022
Bitcoin price remained supported near the USD 37,500 zone. BTC is moving higher and even surpassed USD 39,000 before correcting lower. It is currently (12:03 PM UTC) trading above USD 38,900, and the bulls might face hurdles near the range resistance at USD 40,000.
Similarly, most major...
Bitcoin and Ethereum Stuck in a Range, LUNA Inches Higher
14.3.2022
Bitcoin price attempted an upside correction above USD 39,000. However, BTC failed to clear the USD 39,500 resistance zone and is currently (04:22 UTC) trading near USD 38,600.
Similarly, most major altcoins are trading in a bearish zone. ETH is still at risk of extending losses below USD 2,500...
Privacy Crypto Assets XMR, ZEC See Double-Digit Gains Amid Tightened Global Economy
13.3.2022
Over the last week, the United States and president Joe Biden’s administration tightened sanctions against Russia a great deal. The U.S. banned Russian energy imports, a number of other types of imported goods, and a series of harsh financial sanctions against Russia. In the midst of...
The Best- and Worst-Performing Coins in the Second Week of the Ukraine War
11.3.2022
Two weeks after the war in Ukraine started, the crypto markets continue to be volatile. Bitcoin (BTC) has seen unusually big moves both up and down, often moving in tandem with changes in the global risk sentiment. As usual, however, the biggest movers are altcoins, which have seen both strong...