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Orion’s All-in-One Trading Terminal Aggregates Crypto Liquidity
21.11.2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The crypto market today comprises hundreds of centralized exchanges, decentralized exchanges, AMMs, aggregators, and blockchains. Across Layer1s, Layer2s...
Ethereum Price Prediction as ETH Breaches $2,000 Resistance – Time to Buy?
20.11.2023
Ether (ETH) Chart / Source: TradingView Ether (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain, has pushed back to the north of the $2,000 per token mark on Monday, extending its gains since last week’s near-$1,900 lows to above 6%. The rally comes as the broader...
Crypto Market’s Mixed Fortunes — BONK, TAO, and KAS Rise as Several Other Cryptos Stagnate
20.11.2023
As of this writing, the crypto market is cruising at a value of $1.42 trillion, with bitcoin (BTC) holding 49.9% of the overall market cap. This past week saw both bitcoin and ethereum experiencing notably stagnant weeks in terms of their percentage changes, while a number of other digital...
AI-Driven Crypto Market Rebounds Back to $3 Billion Amid Surge in Leading Tokens
18.11.2023
In the early months of 2023, the AI-driven crypto market soared, reaching a peak of over $4 billion. Yet, by the end of July, this sector experienced a notable decline, dropping to $2.6 billion. Despite this downturn, the last three months have witnessed a recovery in the AI-focused crypto...
Dogecoin Price Prediction as DOGE Becomes Best Performing Coin in the Market – Time to Buy?
17.11.2023
Whilst the broader crypto market consolidates, Dogecoin (DOGE) is heating up. The crypto industry’s first and largest meme coin by market capitalization hit its highest level since April at $0.0877 on Friday, and despite pulling back to the $0.083s at the time of writing, is still up around 5%...
Jump Trading, Wormhole Part Ways Amid Tough Crypto Market: Bloomberg
17.11.2023
Although Jump has been scaling back its crypto-related operations, the reason for the business' parting of ways remains unclear, Bloomberg reported
Crypto Market Shows Signs of Recovery with Surging Crypto Prices, NFT Sales
17.11.2023
Source: Adobe / Luisa The crypto market is displaying promising signs of recovery following an extended bear market with surging crypto prices and NFT sales. Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market cap, have experienced significant price surges, each gaining...
Turkey’s New Crypto Asset Regulations Expected in 2024 – Focus on Taxation and Licensing
16.11.2023
Source: Pixabay Turkey officials confirmed that the nation is considering debuting a new crypto market regulation, effective 2024. The regulation will emphasize addressing crypto licensing and taxation, per a Reuters report. Turkey is seeking to address concerns raised by the Financial Action Task...
What’s Behind Tether’s Success in the Crypto Market?
16.11.2023
Introduction to Tether (USDT) Tether, also called USDT, is a notable crypto-currency currency. It acts as a bridge connecting with the traditional fiat currency and brings stability into the volatile market landscape. Its value is pegged to that of the US dollar at a fixed exchange rate of 1:1....
South Korean Traders Drive Recent Crypto Surge as Exchanges’ Market Share Jumps to 13%
16.11.2023
Source: Pixabay Traders in Asia, especially in South Korea, have emerged as key drivers behind the recent rally in crypto market over the past two months. Data compiled by CCData reveals a substantial increase in the market share of South Korean-based exchanges, reaching 12.9% in November compared...
Coinbase Expects Spot Bitcoin ETFs to Add Billions to Crypto Market — Says SEC Approval Possible by Year-End
16.11.2023
Cryptocurrency exchange Coinbase says spot bitcoin exchange-traded funds (ETFs) could add billions of dollars to the total crypto market cap. Coinbase also believes that the chances of one or more spot bitcoin ETFs being approved by the U.S. Securities and Exchange Commission (SEC) before the...
Ark Invest CEO Cathie Wood Sees Crypto Market Exploding to $25 Trillion in 2030
16.11.2023
Ark Invest CEO Cathie Wood says the crypto ecosystem will be dominated by bitcoin and ether and will scale from about $1 trillion today to $25 trillion in 2030. “The regulatory breakthrough is very important to bring institutions online,” said the asset manager, emphasizing that...
Play the BlackRock Ethereum ETF Price Pump with ETHETF Token – Already 400% Gains at Launch
15.11.2023
Wednesday, November 15, 2023 – A 400% gain for early DEX hunters from ETHETF Token is fuelling a robust Ethereum ETF narrative in the crypto market after the new token launched on Uniswap yesterday. $ETHETF launched at 1pm GMT on Tuesday and secured quick 4x gains for the earliest buyers amidst...
German Banking Giant Commerzbank Granted Crypto Custody License
15.11.2023
Commerzbank has made a significant stride in the digital asset sector by becoming the first German full-service bank to receive a Crypto Custody License. Commerzbank believes the breakthrough positions the bank at the forefront of the burgeoning crypto market in Germany. The firm discloses that...
Stablecoins See Positive Supply Growth For First Time in More Than a Year: Glassnode Data
15.11.2023
Source: Unsplash Money is flowing into the crypto market through stablecoins, marking the first positive supply growth in over a year. According to blockchain analytics firm Glassnode, the 90-day net change in the supply of the top four stablecoins, Tether ( USDT), USD Coin ( USDC), Binance...
Crypto Market Sees Net Capital Inflow for First Time in 17 Months
15.11.2023
The 90 day net change in the supply of the top four stablecoins has flipped positive, indicating an inflow of capital into the market
Blockchain.com $110M funding round halves its 2022 valuation: Report
15.11.2023
Despite new investment in the crypto exchange, Blockchain.com’s valuation has more than halved from its $14 billion peak
Polygon Network Records Robust User Activity Amid Broader Crypto Market Weakness in Q3 2023: Report
14.11.2023
Source: AdobeStock / Mahoa Creative In a recent report by the blockchain data analytics platform Nansen, the Polygon network showcased remarkable resilience and robust user activity during the third quarter of 2023, defying the broader weakness observed in the crypto markets. The report emphasizes...
Bitcoin Technical Analysis: Traders Anticipate US Inflation Data Amidst Tight Trading Range
13.11.2023
The crypto market is abuzz with the prospects of bitcoin exchange-traded funds (ETFs), sparking a rush of investments in anticipation of their approval. Investors and traders are bracing for the U.S. inflation report due to drop on Tuesday, which historically shakes up market sentiment and could...
The Crypto Market Rally Looks Overdone, JPMorgan Says
13.11.2023
Digital assets have seen strong gains in the last month due to excitement about the potential approval of bitcoin spot ETFs, but this bullish sentiment may be misplaced, the report said