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Bitcoin Saw Inflows Again, Miner Bets Against Ethereum's PoS, Meta on Getting Metaverse 'Right' + More News
24.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin Saw Inflows Again, Miner Bets Against Ethereum's PoS, Meta on Getting Metaverse 'Right' + More News
Bitcoin in ‘Oversold’ Area, Ethereum Down 54% from ATH as Markets Brace for Fed
24.1.2022
Prices of major cryptoassets, including bitcoin (BTC) and ethereum (ETH) continued to fall on Monday, with technology stocks leading the way down as market participants are getting ready for a US Federal Reserve (Fed) meeting set to begin on Tuesday....
Read More: Bitcoin in ‘Oversold’ Area...
Crypto Market Sentiment Slightly Up in a Week, Bloody in a Day
24.1.2022
The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets went up from 4.9 recorded seven days ago to 5.05 – back at the level seen two weeks ago, according to the market sentiment analysis service Omenics. Additionally, there is a single coin in the positive...
Fantom Surpasses Binance Smart Chain as the Third-Largest Defi Blockchain
24.1.2022
The total value locked (TVL) in decentralized finance (defi) protocols has lost ​​6.8% during the last 24 hours as crypto markets have experienced more losses. However, the Fantom blockchain has seen a TVL increase, jumping 46.62% over the last week. Fantom has managed to knock...
OpenSea Is Reportedly Being Exploited
24.1.2022
Major non-fungible token (NFT) platform OpenSea is reportedly under attack, with the perpetrator drawing out hundreds of ethereum (ETH).
Security and data analytics company PeckShield said today that OpenSea seems to be experiencing “a front-end issue,” while the exploiter got some ETH...
Ethereum, Altcoins Tumble Against Bitcoin as BTC Trends Lower
24.1.2022
Bitcoin price failed to recover towards the USD 36,500 level and started a fresh decline below USD 34,000. It is currently (12:00 PM UTC) down over almost 6% and there is a risk of a move towards the USD 32,000 level.
Similarly, most major altcoins declined heavily. ETH is down 10% and there...
Bitcoin and Ethereum Struggle to Recover, Smaller Altcoins Trim Losses
24.1.2022
This past weekend, bitcoin price started a strong decline below the USD 40,000 support. BTC traded below the USD 35,000 level to move further into a bearish zone. It is currently (05:36 UTC) consolidating losses near USD 35,000.
Similarly, most major altcoins declined sharply. ETH traded below...
Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions
23.1.2022
Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. Bitcoin...
Value Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year
23.1.2022
The value locked in decentralized finance (defi) has dropped 21.22% since January 4, 2022. At the time, the total value locked (TVL) in defi was $255.84 billion and today, the TVL is around $201.55 billion. TVL in Defi Loses $54 Billion in 2 Weeks While digital currency markets shed significant...
How to pick or analyze altcoins?
23.1.2022
Before investing in altcoins, you should look into the project's whitepaper, demand-supply elements, team and stakeholders behind the project
Why and How Crypto Will Rule Metaverse
23.1.2022
Rabindra Ratan, Associate Professor of Media and Information, Michigan State University, and Dar Meshi, Assistant Professor of Communication Arts and Sciences, Michigan State University.
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Read More: Why and How Crypto Will Rule Metaverse
Bearish chart pattern hints at $70 Solana (SOL) price before a possible oversold bounce
23.1.2022
A confirmed head and shoulders pattern on SOL’s daily chart points toward a drop to $70
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...
Ethereum, Altcoins Extend Losses Against Bitcoin as BTC Tests USD 35K Zone
22.1.2022
On Saturday, the crypto market dropped further, with bitcoin (BTC) reaching price levels last seen in July 2021, while ethereum (ETH) extended its losses against BTC....
Read More: Ethereum, Altcoins Extend Losses Against Bitcoin as BTC Tests USD 35K Zone
NYC Mayor Eric Adams Converts First Paycheck to Bitcoin and Ether via Coinbase
22.1.2022
The mayor of New York City, Eric Adams, has received his first paycheck in bitcoin and ether via Coinbase. “Promise made, promise kept,” the mayor said, referring to his promise to take his first three paychecks in cryptocurrency. Mayor of New York City Takes Paycheck...
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
These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022
21.1.2022
A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago. Moreover, the most valuable cryptocurrencies in terms of U.S. dollars per unit have also changed, and the top ten most expensive...
Crypto Market Slides as Stocks Get Hammered, Bitcoin Falls Below Key Support
21.1.2022
The crypto market continued lower over the past 24 hours following a selloff led by technology stocks in the US on Thursday. The falling prices were accompanied by liquidations across the crypto market, with one analyst saying the leverage flush-out could potentially set the market up for...