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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...
A key Ethereum price metric hits a 6 month low as ETH falls below $3K
21.1.2022
ETH price has been in a downtrend for 3 months, and derivatives data shows pro traders are almost ready to throw in the towel
Price analysis 1/21: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE
21.1.2022
Bitcoin and most major altcoins are close to breaking below critical support levels and traders’ reluctance to buy in the current range could exacerbate the sell-off
Gmoney.eth Partners with Adidas and Prada for the Launch of NFTs
21.1.2022
Gmoney.eth has recently announced its collaboration with Adidas and Prada. The detail regarding this coming together is still scarce at the moment, but this news of association has really stirred up spirits and sentiments in the space of NFT. The detailed information regarding the collaboration...
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...
Bitcoin and Ethereum Struggle to Recover, Altcoins Drop in Double Digits
21.1.2022
Bitcoin price started a strong decline below USD 41,200. BTC settled below USD 40,000 to move into a bearish zone. It is currently (11:59 UTC) consolidating losses near USD 39,900 and remains at a risk of more downsides below USD 38,500.
Similarly, most major altcoins are down over 6%....
Bitcoin Dives Below USD 39K, Ethereum Breaks 2.9K, Altcoins in Red
21.1.2022
Bitcoin price tried to clear the USD 43,500 resistance zone. However, BTC struggled to gain pace and started a decline below USD 41,200. There was a break below USD 40,000 and the price is currently (04:18 UTC) consolidating losses near USD 38,700.
Similarly, most major altcoins declined...
Multichain hacker returns 322 ETH, keeps hefty finders fee
21.1.2022
Owing to a security vulnerability in six tokens, Multichain users lost more than $3M over the week. A white hat hacker returned 322 ETH, but in excess of 527 ETH is still exploited
NYC Mayor Adams to receive first paycheck in cryptocurrency Friday
20.1.2022
Mayor Adams previously said he would be accepting his first three paychecks, or $97,000 annualized, in cryptocurrency
Bitcoin and Ethereum Attempt Recovery, Hurdles Nearby
20.1.2022
Bitcoin price is attempting a recovery wave above the USD 42,000 level. BTC is currently (04:00 UTC) facing resistance near USD 42,500. A clear break above USD 42,500 might start a steady increase in the near term.
Similarly, most major altcoins are slowly rising. ETH is facing a major hurdle near...
Bitcoin and Ethereum Still Range-Bound, ADA Keeps Diving, FTT Rallies
20.1.2022
Bitcoin price remained in a bearish zone below the USD 42,000 level. BTC even traded close to USD 41,000 before correcting higher. It is currently (04:18 UTC) trading near USD 42,000, but there is a crucial resistance forming near USD 42,500.
Similarly, most major altcoins are facing hurdles....
Individual ETH miner hits jackpot with $540K block reward
20.1.2022
An individual miner defied the odds and managed to collect 168 ETH from a solo mining pool this week worth 42 times the average block reward
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....
Ethereum Fees Drop 35% Since Last Week, Average ETH Gas Fee Still Above $30 per Transfer
19.1.2022
According to statistics, Ethereum network transaction fees have dropped 35% from the transfer fees recorded seven days ago. At the time of writing, the average fee to transact with ethereum is 0.0099 ether or $30.85 to $33.04 per transfer. The cheapest Layer two (L2) method to transfer ether...
Price analysis 1/19: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE
19.1.2022
Sell pressure on BTC and altcoins is beginning to alleviate, but data suggests that it’s too early to call for a reversal
Bitcoin and Ethereum Try to Recover, LUNA and STX Accelerate
19.1.2022
Bitcoin price remained in a bearish zone below the USD 42,500 pivot level and even traded below the USD 41,500 level before moving higher. It is currently (11:57 UTC) testing the USD 42,000 level again.
Similarly, most major altcoins are also trying to recover. ETH traded below USD 3,050 and...
Bitcoin and Ethereum Stuck Between Key Levels, ETC and THETA Rally
19.1.2022
Bitcoin price extended decline below the USD 41,800 level. BTC even tested USD 41,250 and recently corrected higher. It is currently (04:01 UTC) trading above USD 41,700, but a break above USD 42,750 is needed for a decent recovery.
Similarly, most major altcoins are attempting an upside...
Bitcoin and Ethereum Still Bearish, ADA Corrects Gains
18.1.2022
Bitcoin price failed to start a recovery above USD 43,000. BTC extended decline below the USD 42,000 and USD 41,900 levels. It is currently (11:59 UTC) consolidating, with a major hurdle near USD 43,000.
Similarly, most major altcoins are showing bearish signs. ETH extended losses below the...
ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion
18.1.2022
The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into the contract has increased 22.29% since the first week of September 2021, when the contract held 7.4 million...