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Bullish Options Data Gives Hope to Ethereum, Bitcoin Investors
20.12.2021
Large options trades that appear to be betting on a year-end rally for ethereum (ETH), and higher prices for bitcoin (BTC) in January, are getting the attention of some crypto traders.
The bullish bets on BTC and ETH were seen on Deribit, the crypto derivatives exchange that accounts for...
Bitcoin and Ethereum Near Crucial Juncture, Altcoins in Red
20.12.2021
Bitcoin price struggled to clear the USD 48,500 resistance level and started another decline. BTC traded below USD 47,000 and it seems like there is a risk of more losses. It is currently (11:56 UTC) trading below USD 46,500 and it could even decline below USD 45,500....
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Bitcoin and Ethereum Trend Lower While XRP Gains Pace
20.12.2021
Bitcoin price failed to gain strength above the USD 48,500 resistance level. BTC started a fresh decline and traded below USD 47,500. It is currently (04:24 UTC) showing bearish signs and there is a risk of more downsides below USD 46,500.
Similarly, most major altcoins are moving lower....
Billionaire Ray Dalio’s Investing Advice: Avoid Cash, Think in Inflation-Adjusted Dollars, Crypto Helps Diversify
20.12.2021
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his investment strategy with cryptocurrency as part of his portfolio. He warned that cash is the worst investment because it is eaten away by inflation. Ray Dalio’s Investment...
Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan
19.12.2021
SBI Group, the financial services company group based in Tokyo, Japan, has announced the launch of a crypto asset fund that consists of seven different digital currencies. The crypto fund launched by the Japanese company includes bitcoin, ethereum, xrp, litecoin, bitcoin cash, chainlink,...
Invictus Capital Announces NFT Collection to Give African Artists Global Exposure
19.12.2021
Invictus Capital has unveiled its first non-fungible token collection, called “Out of Africa,” through the Invictus NFT Lab. Through this collection, Invictus Capital will showcase fine art via blockchain technology as well as connect artists from Africa with the rest of the world....
Survey Shows Millennial Millionaires Plan to Buy More Crypto Next Year Despite Price Volatility
19.12.2021
While the cryptocurrency economy has seen significant losses across the board — losing billions during the last two weeks — a recent CNBC millionaire survey indicates that millennial millionaires have a lot of crypto. Furthermore, millennial millionaires plan to add more digital...
Here's why Ethereum traders could care less about ETH's current weakness
19.12.2021
ETH price could hit new lows near $3,600, but derivatives data suggests pro traders still feel bullish
From DeFi year to decade: Is mass adoption here? Experts Answer, Part 1
18.12.2021
Decentralized technologies’ insiders shared their views on DeFi and on the role, achievements and challenges the space faced in 2021
Avalanche eyes 60% rally as AVAX price breaks out of bull flag
18.12.2021
The bullish setup also emerged as crypto custodian BitGo announced that it would add AVAX to its service portfolio
Consensys Launches Rollups Scaling Solution With Mastercard’s Support
18.12.2021
Consensys, an Ethereum software company, announced yesterday the launch of a new scaling solution for Ethereum, called “Consensys Rollups.” The company enlisted Mastercard programmers to design the solution, which aims to allow the network to reach a throughput of 10,000...
Polygon, Reddit Co-Founder’s VC Firm Launch $200 Million Social Media Web3 Fund
18.12.2021
The team behind Polygon, the protocol dedicated to interconnected blockchain networks like Ethereum, and Alexis Ohanian’s Seven Seven Six venture capital company have revealed a $200 million investment fund in blockchain-based social media projects. According to the announcement,...
Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign
17.12.2021
The total value locked (TVL) in decentralized finance has slid 15.63% since the metric’s all-time high of $275 billion sixteen days ago on December 1. Since the end of the first week of December, the TVL is down 7.19% lower with a number of protocols seeing seven-day losses in terms of TVL....
Polygon & Reddit Co-Founder Go For Web 3.0, Career Moves + More News
17.12.2021
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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Crypto Industry Insiders Share Top Ethereum, DeFi, Gaming, and TradFi Trends for 2022
17.12.2021
As the year is about to end, a number of companies working in the crypto space have shared with Cryptonews.com their predictions for 2022.
To help you understand what some of the major players in the space see for the next year, we decided to take a look at what topics are trending among those...
Bitcoin and Ethereum Struggle to Recover, YFI Rallies
17.12.2021
Bitcoin price struggled to stay above the USD 47,500 level. BTC extended decline and traded below USD 47,000. It is currently (11:55 UTC) facing an increase in selling and there is a risk of a move towards USD 46,500.
Similarly, most major altcoins are gaining bearish momentum. ETH traded below...
USDC Sees Native Launch on Avalanche
17.12.2021
USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly...
Bitwise, Nexo Add to Financial Products for Rich NFT Investors
17.12.2021
The past day has seen the announcement of two new non-fungible token (NFT)-related financial products, with asset manager Bitwise launching the first-ever index fund to track NFTs, while crypto lender Nexo (NEXO) launched the first lending desk exclusively for NFT investors....
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Half of Surveyed Millennial Millionaires Set to Buy Even More Bitcoin, Ethereum in 2022
17.12.2021
The majority of millennial millionaires hold the bulk of their assets in cryptocurrencies, and they say they aim to purchase more crypto next year in spite of the recent price drops, according to a survey carried out by the US broadcaster CNBC.
As much as 83% of millennial millionaires...
Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs
17.12.2021
On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ethereum for instant funds, Nexo is offering instant liquidity to NFT holders that...