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Bitcoin Shows 'Overwhelming' Institutionalization After ‘Significant Deleveraging’
6.12.2021
The crypto market continued lower on Monday after a weekend sell-off that was described as a “significant deleveraging event.” Despite the event now being behind us, however, some traders continued to worry about the potential for an extended market correction.
At 11:14 UTC, the total crypto...
Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss
6.12.2021
Major centralized crypto exchange BitMart, which fell victim to a hack over the weekend and lost approximately USD 200m worth of digital assets, intends to compensate affected users and resume its operations....
Read More: Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss
Bitcoin and Ethereum Consolidate, BAT and ALGO Rally
6.12.2021
On Saturday, bitcoin price started a major decline from well above USD 52,000. BTC dived over USD 10,000 before recovering losses. It is currently (04:41 UTC) consolidating losses, with a major hurdle near USD 50,000.
Besides, most major altcoins traded below important supports. ETH dived below...
Value Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses
5.12.2021
Since mid-November the total value locked (TVL) in decentralized finance (defi) has slid from $257 billion to $250.55 billion and during the last 24 hours it lost a touch more than 5%. Over the last seven days, defi tokens like uniswap, pancakeswap, curve dao token, 1inch and sushi have lost...
Bitcoin and Ethereum Price Predictions for 2022
5.12.2021
The past year has been another great year for the cryptoasset market, with bitcoin (BTC) having almost doubled in price year-to-date, and the total crypto market capitalization increasing from just over USD 750bn to almost USD 3trn....
Read More: Bitcoin and Ethereum Price Predictions for 2022
Ross Ulbricht Genesis Collection NFT Auction Sees Millions of Dollars in Ethereum Bids
5.12.2021
Two days ago on December 2, the Ross Ulbricht Genesis Collection auction of non-fungible token (NFT) assets kicked off at Art Basel Miami via the Superrare platform. The Ulbricht NFT collection auction ends on December 8, and so far the auction has seen a bid of 666 ether or roughly $2.6 million....
Bitmart Says It Lost USD 150M In a Hack, Suspends Withdrawals
5.12.2021
One of the top 30 crypto exchanges, Bitmart, confirmed it has lost around USD 150m in a hack today, December 5, and has temporarily suspended withdrawals until further notice.
The company said they have identified "a large-scale security breach" related to one of their Ethereum (ETH)...
Bitmart hacked for $200M following Ethereum, Binance Smart Chain exploit
5.12.2021
The hackers made away with a mix of over 20 tokens that includes altcoins such as BNB, Safemoon, BSC-USD and BPay
Virtual Land Adjacent to Snoop Dogg’s Sandbox Estate Sells for $450K in Ethereum
4.12.2021
The popular American rapper Snoop Dogg revealed at the end of September that he acquired land in the blockchain-based virtual metaverse The Sandbox and had plans to recreate his mansion. On December 2, The Sandbox held a “Snoopverse Land Sale,” which allowed participants to purchase...
Crypto Economy Loses Billions in Market Downturn, Bitcoin Price Slips More Than 25% in 30 Days
4.12.2021
A great number of cryptocurrencies dropped considerably in value during the early morning hours (after 12:00 a.m. EST) on December 4. At the time of writing, the crypto economy is down more than 16% and the price of bitcoin slid below the $50K zone to a low of $43,972 per unit. Since then, bitcoin...
Ethereum acts as a 'hedge' in Bitcoin price crash as ETH/BTC hits 3-year high
4.12.2021
The second-largest cryptocurrency posts dwarfed losses compared to Bitcoin's 21% price decline Saturday
Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues
4.12.2021
A recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum monetary policy are making it a better store of value than bitcoin. The deflationary effect that the EIP-1559 proposal has caused in the issuance of the currency...
Ethereum Proposals, DeFi Hacks, Name Changes and 20 Crypto Jokes
4.12.2021
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Read More: Ethereum Proposals, DeFi Hacks, Name Changes and 20 Crypto Jokes
Bitcoin, Ethereum Rebound Sharply After Another Crash while El Salvador Misses 'the F***ing Bottom'
4.12.2021
The crypto market saw another sharp correction on Saturday morning (UTC time), followed by a strong rebound, while over USD 2.5bn in derivatives trading positions were liquidated in the past 24 hours. El Salvador "bought the dip" once again....
Read More: Bitcoin, Ethereum Rebound Sharply After...
Chinese Crypto Mining Crackdown Turns Focus to PC Rooms and ‘Home Miners’
4.12.2021
Having effectively eliminated its industrial crypto mining sector, China is now going after the small fry: internet café and PC gaming room operators – and even those mining on rigs and cards at home – as Beijing moves to squash the mining industry once and for all....
Read More: Chinese Crypto...
BCH Ecosystem Gains New NFT and Dex Platforms, TVL in Smartbch Defi Climbs 180% in 30 Days
3.12.2021
During the last few months, the Smartbch project has swelled with numerous projects, custom tokens, and the total-value locked (TVL) in five Smartbch decentralized exchange (dex) platforms has jumped more than 180% since November 3. Smartbch Defi TVL Climbs 180% in a Month — Bitcoin Cash...
Price analysis 12/3: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX
3.12.2021
It’s clear that bears have nearly extinguished all signs of bullish momentum after BTC price falls below $52,000 and altcoins take a severe belting
WisdomTree launches four cryptocurrency indices in US and Europe
3.12.2021
The indices will provide investors exposure to large-cap cryptos, altcoins, DeFi services, and more
Elizabeth Warren Questions Bitcoin Miner, Post-Brexit Crypto Advantage + More News
3.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Elizabeth Warren Questions Bitcoin Miner, Post-Brexit Crypto Advantage + More News
Bitcoin and Ethereum Inch Higher, Altcoins Gain Momentum
3.12.2021
Bitcoin price remained well bid above the USD 55,000 level. BTC started a fresh increase and traded above the USD 57,000 level before correcting lower. It is currently (11:54 UTC) rising and it might revisit USD 57,000 again.
Besides, most major altcoins are also moving higher. ETH could attempt...