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Bitcoin & Stablecoins Most Resilient as Crypto Market Sentiment Drops Again
28.2.2022
Sentiment across the crypto market dropped for the second consecutive week, although some of the largest cryptoassets were almost unchanged in price over the past week. According to the market sentiment analysis service Omenics, the average 7-day sentscore for the top 10 cryptos tracked dropped...
Polkadot’s Gavin Wood Under Fire For Ukrainian DOT Donation Proposal
28.2.2022
Polkadot (DOT) creator Gavin Wood has found himself under fire from various crypto industry observers after pledging he would donate USD 5m worth of crypto to Ukraine’s fight against Russian military aggression, but only if the country’s government posted an address in the blockchain’s native...
Ukrainians Paying Tether Premiums as Some Desperate Citizens Ditch Fiat for Crypto
25.2.2022
Ukrainians are paying a premium of up to USD 0.11 on the dollar-pegged stablecoin tether (USDT) as trading volumes on local crypto exchanges have escalated quickly.
Per data from the Ukrainian crypto exchange Kuna, which claims that nine out of 10 of its users are Ukraine-based, some...
Bitcoin and Ethereum Consolidate Gains, Key Hurdles Nearby
25.2.2022
Bitcoin price started a strong upward move above the USD 36,500 and USD 37,000 levels. BTC even rallied above USD 38,000, but faced sellers near USD 39,500. It is currently (11:25 UTC) consolidating gains near USD 38,500 and is up almost 10% in a day. ...
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Mitsubishi UFJ to Launch ‘Digital Asset Wallet,’ Suspends Blockchain Payments Project
23.2.2022
The Japanese financial behemoth the Mitsubishi UFJ Financial Group is set to create a wallet that will be capable of storing and making use of “blockchain-powered digital assets” and NFTs – although its primary goal appears to be the securities tokens market. Also, the financial giant announced...
Crypto Listing and Delisting Announcements: Week 8
21.2.2022
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, Bitcoin Remains in Positive Zone, Crypto.com Coin Rises
21.2.2022
Sentiment in the crypto market changed its direction last week, with the 7-day average sentscore of the 10 major cryptoassets tracked by the market sentiment analysis service Omenics slipping from 5.41 a week ago to 5.26 today.
The drop in sentiment follows a downturn in crypto prices, with...
Bitcoin and Ethereum Resume Decline, Altcoins Trim Gains
21.2.2022
Bitcoin price faced sellers near USD 39,500 and is currently (11:57 UTC) trimming gains near USD 37,500 while remaining at risk of more downsides.
Similarly, most major altcoins are struggling to recover. ETH struggled near USD 2,750 and dropped below USD 2,650. XRP is approaching the USD 0.75...
No New All-Time Highs This Year for Cardano, But Price Could Surge by 2030 - Survey
18.2.2022
Cardano’s native token ADA is not expected to see new all-time highs this year, but could still rise to more than USD 8 before the end of 2025, while a whopping USD 58 is possible by 2030, said a panel of industry experts surveyed by the comparison website Finder....
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Demand for High-Yield Crypto Savings Products to Surge, BitMEX Predicts
18.2.2022
Demand for savings products that yield far higher returns than what can be achieved in traditional markets is expected to surge, as more people realize that inflation is eating away at their savings, crypto derivatives exchange BitMEX has said in a new report....
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Polkadot Benefits from ‘Shared Security’ and ‘Forkless Upgrades’, One Major Threat Remains – CoinShares
17.2.2022
The main strength backing the blockchain protocol Polkadot (DOT) is its “shared security,” combined with forkless upgrades and blockchain interoperability, according to the digital asset research and investment firm CoinShares. However, the protocol is still threatened by what could be seen as...
Circle’s Valuation Doubles to USD 9B as New Holding Company Expected to Go Public
17.2.2022
The crypto infrastructure and payments firm Circle has entered into an agreement with the special purpose acquisition company Concord Acquisition Corp that will see the formation of a new holding company, doubling Circle’s valuation from USD 4.5bn, announced in July 2021, to USD 9bn now....
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Chinese IT Companies, Banks Expand Range of Offline Digital Yuan Solutions
17.2.2022
Chinese banks and IT firms are continuing to roll out a diverse range of “hard” digital yuan wallets as they lay the ground for the full rollout of the nation’s central bank digital currency (CBDC).
As reported, a large range of “hard” wallets – which require no permanent internet connection...
Bybit Enters USD 150M Deal with Red Bull F1 Team; Plans Fan Token, NFT Collaboration
16.2.2022
Bybit, one of the top 10 crypto exchanges by spot volume, has entered into a major sponsorship agreement with the Formula One team Oracle Red Bull Racing, with the exchange now taking on a new role of the “Issuance Partner” for fan tokens and non-fungible tokens (NFTs) for the racing team.
With...
US Senators Fail to Find Stable Ground on Stablecoins
16.2.2022
Stablecoins are not used to pay for real-world goods or services, but are instead a speculative tool for the “shadiest part of the crypto ecosystem,” Democratic Senator Elizabeth Warren said during a hearing on stablecoins in the US Senate Banking Committee yesterday. Others, meanwhile, stressed...
The Graph Sees Double-Digit Percentage Gain, Becomes Today’s Top Performer
15.2.2022
The Web3 protocol The Graph’s native token GRT rose the most among the top 100 cryptoassets by market capitalization today, after price bounced off a key technical support level and legendary football player Ronaldinho became the official global ambassador for an associated non-fungible token...
Bitcoin Returns Above USD 44K, Ethereum Accelerates, SOL, MATIC, and AVAX Rally
15.2.2022
Bitcoin price remained well bid above the USD 43,000 level. BTC extended its increase above the USD 43,850 and USD 44,000 levels. It is currently (11:54 UTC) showing positive signs near USD 44,400 and is up 5% in a day and 1% in a week.
Similarly, most major altcoins are gaining bullish...
Crypto Listing and Delisting Announcements: Week 7
14.2.2022
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 Rises Again, Bitcoin & Ethereum Both in Positive Zone
14.2.2022
Crypto market sentiment rose again last week, marking the third consecutive week of improved sentiment among crypto market participants. According to the market sentiment analysis service Omenics, the average 7-day sentiment score (sentscore) for 10 major cryptoassets reached as high as 5.41...
Tezos Integrates Baanx App to Allow Users to Borrow, Spend Crypto
14.2.2022
Blockchain network Tezos (XTZ) has introduced a new app to help users manage their digital assets in collaboration with the crypto-focused fintech company Baanx Group.
The app, dubbed Cryptolife, will integrate with the Tezos blockchain, and will allow users to “save, transfer, and manage their...