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Price analysis 2/21: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT
21.2.2022
BTC’s attempt to reclaim $40,000 was thwarted by bears, but any consolidation within the current range could benefit small and large-cap altcoins
Optimistic Forecasts Appear Bleak as Bitcoin, Ethereum Keep Trending Lower, BTC and ETH Flows Diverge
21.2.2022
The weekend selling in the crypto market occurred despite a number of recent optimistic forecasts predicting everything from a bottoming out to an expected break in the correlation between crypto and traditional assets this spring....
Read More: Optimistic Forecasts Appear Bleak as Bitcoin...
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, Ethereum Technical Analysis: BTC, ETH Prices Lower for a Sixth Straight Day
21.2.2022
Bitcoin was trading lower to start the week, as markets were anticipating the release of U.S. president Biden’s executive order on cryptocurrencies. Ethereum also remained in the red, and continues to track at multi-week lows. Bitcoin Bitcoin prices were almost 12% lower from the same point...
ETHDenver Hackathon Finalists Aim at These Pain Points Across DeFi, NFTs, DAOs, and Metaverse
21.2.2022
30 ETHDenver hackathon finalists that pitched their ideas to a team of crypto veterans and were competing for up to USD 5,000 in prizes, largely focused on solving common pain points across various segments of the Ethereum (ETH) ecosystem.
Let’s take a closer look at some of the projects that...
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...
DAO Rallies To Collect USD 4B For Denver Broncos Buy
21.2.2022
A decentralized autonomous organization (DAO) has been established with the aim to pool some USD 4bn and buy the Denver Broncos franchise of the US National Football League (NFL).
The Broncos were put up for sale earlier this month, and the trustees said in a statement they hope to have...
Bitcoin and Ethereum Try to Recover, SOL Gains Strength
21.2.2022
Bitcoin price remained in a negative zone and settled below the USD 40,000 level. BTC even traded below USD 38,800 and tested USD 38,000. It is currently (04:21 UTC) correcting losses above USD 39,000, but the bears might remain active near USD 40,000.
Similarly, most major altcoins are facing...
Play-to-Earn Blockchain Game Axie Infinity Surpasses $4 Billion in All-Time NFT Sales
20.2.2022
This week, Axie Infinity, the blockchain-based online video game crafted by the Vietnamese software studio Sky Mavis, surpassed $4 billion in all-time non-fungible token (NFT) sales. Currently, the play-to-earn (P2E) game launched in 2018 is the third-largest NFT platform in terms of all-time...
Opensea CEO Dismisses $200 Million Hack Rumor, Claims Incident Was a Phishing Attack
20.2.2022
Opensea co-founder and CEO, Devin Finzer, has denied rumors that the non-fungible token (NFT) marketplace’s codebase was breached and that attackers had stolen $200 million. According to Finzer, an investigation had shown that the attacker had $1.7 million worth of ethereum in his wallet...
Bulgarian Stock Exchange Launches 8 Crypto ETNs
20.2.2022
Bulgarians can now invest in crypto assets through their country’s stock market. The Bulgarian Stock Exchange has recently launched eight ETNs based on two digital currencies, bitcoin and ethereum, following the example set by leading European platforms that support such products....
Despite Recent Threats From Canadian Officials, ‘Real Crypto’ or Decentralized Assets Cannot Be Frozen
20.2.2022
Over the last week, there’s been a lot of discussion about Canada ‘freezing’ digital currency accounts that are associated with the Canadian trucker’s Freedom Convoy. Amid the topical conversation, it should be stressed that decentralized cryptocurrencies like bitcoin...
Bitcoin, Ethereum Technical Analysis: ETH Remains Below $2,800 to Start Weekend
19.2.2022
Ethereum was trading below $2,800 to start the weekend, as crypto bears extended recent market sentiment. Bitcoin was also under $40,000, as the global cryptocurrency market cap dropped by nearly 3% as of writing. Bitcoin For a fourth consecutive session, prices of the world’s largest...
Is Solo Bitcoin Mining Making a Comeback?
19.2.2022
While you probably missed out on the chance to mine Bitcoin (BTC) on your laptop in the early years of Bitcoin, there’s good news for those who still want to get into at-home mining. Stories have emerged of solo Bitcoin miners finding new blocks to receive block rewards.
Read on to learn more...
OpenSea smart contract upgrade to delist inactive NFTs on Ethereum
19.2.2022
As a part of the planned upgrade, all OpenSea users will need to migrate their existing NFT listings to a new smart contract
American Truckers Are Planning a Convoy to Washington, Group Raises Over $100K
19.2.2022
While the Canadian government and Prime Minister Justin Trudeau try to quell the demonstrations in Ottawa by sending police to the encampment on Friday, a United States version of the Canadian trucker’s Freedom Convoy called the “People’s Convoy” is underway. According...
Analyst say Ethereum price could fall to $1,700 if the current climate prevails
19.2.2022
Traders warn that ETH price could fall to $1,700, triggering a “turbo nuke” in altcoins and altering the market structure of a struggling bull market
Finance Redefined: Axelar becomes a unicorn, new ETH addresses hit 1.5M per month, Feb. 11–18
18.2.2022
Blockchain platform Axelar surpasses $1-billion valuation, Ethereum’s on-chain metrics reveal compelling insights, Umbria innovates on Avalanche — all coming to you in this week’s Finance Redefined
Price analysis 2/18: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT
18.2.2022
BTC is struggling to hold on to the $40,000 level, but a few analysts say cryptocurrencies might decouple from equities in the coming months
Bitcoin, Ethereum Technical Analysis: BTC Drops to 2-Week Low Below $40,000
18.2.2022
Losses in cryptocurrency markets extended on Friday, with bitcoin falling to multi-week lows in the process. Ethereum was also lower during the session, whilst the global crypto market cap was down 3.70% as of writing. Bitcoin Bitcoin was down for a third consecutive session, as recent bearish...