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Market Cap of Gold-Backed Tokens Crosses USD 1B as Ukraine War Makes the Metal Shine
16.3.2022
The interest in gold-backed stablecoins is on the rise, with inflows accelerating after the aggression on Ukraine started. Following the surge in adoption, the combined market capitalization of the two dominant tokens – pax gold (PAXG) and tether gold (XAUT) – for the first time crossed the...
Market Wrap: Cryptos Recover From Drop After Fed Rate Hike; Expect Higher Volatility
16.3.2022
Cryptocurrencies experienced a wild trading day after the Fed raised rates for the first time since 2018. Bitcoin (BTC) was up about 3% over the past 24 hours, while altcoins such as SAND and LINK outperformed
Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases
16.3.2022
On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank...
Biggest Movers: SAND Surges on HSBC Partnership — MKR, WAVES Both Nearly 10% Higher
16.3.2022
SAND was higher on Wednesday, as it was announced that HSBC was set to enter the Metaverse via The Sandbox. While up nearly 10% on the news, MKR and WAVES were also some of today’s leading gainers. The Sandbox (SAND) On Wednesday, it was confirmed that The Sandbox and the British financial...
Anatomy of a Crypto Bear Market
16.3.2022
Crypto prices suck, but they don’t matter as much as they used to
Bitcoin, Ethereum Technical Analysis: BTC Back Above $40,000, ETH Eyes $3,000 as Fed Meeting Looms
16.3.2022
Following days of consolidation, bitcoin rallied above $40,000 on Tuesday, which comes as markets prepare for today’s Fed meeting. ETH also climbed, moving away from its recent support point in the process. Bitcoin BTC finally broke out of its recent streak of price consolidation on Tuesday...
Bitcoin Tests USD 40K Again, Ethereum Accelerates, Altcoins Turn Attractive
16.3.2022
Bitcoin price declined sharply after a rally to USD 41,500, nearing USD 39,000, but it’s now (11:54 UTC) trading above USD 40,500 once again, having increased 5% in a day.
Similarly, major altcoins could accelerate too. ETH broke the USD 2,650 resistance and is now facing hurdles near...
Ethereum Moves Higher Against Bitcoin on a Wave of Positive News
16.3.2022
The price of ethereum (ETH) has outperformed bitcoin (BTC) over the past 24 hours, after news emerged that a final testnet has gone through the steps necessary for transitioning Ethereum to its planned proof-of-stake (PoS) system....
Read More: Ethereum Moves Higher Against Bitcoin on a Wave...
Bitcoin and Ethereum Rally Fades, EGLD, WAVES, and GRT Jump
16.3.2022
Bitcoin price gained bullish momentum after it broke the USD 40,000 resistance. BTC jumped over 5% and even traded above USD 41,500. However, the bears appeared and the price is currently (04:00 UTC) back near USD 39,100. BTC is still 1% up in a day.
Similarly, most major altcoins are trimming...
NFT Market Continues to Outperform Crypto Despite Correction – Nansen
15.3.2022
The market for non-fungible tokens (NFTs) has outperformed the broader crypto market this year both when measured in ethereum (ETH) and US dollar terms, according to the Ethereum-focused data analytics firm Nansen....
Read More: NFT Market Continues to Outperform Crypto Despite Correction...
Market Wrap: Bitcoin and Stocks Stabilize Ahead of Fed Meeting
15.3.2022
Bitcoin (BTC) and other cryptos were slightly higher on Tuesday, although some altcoins such as GRT rallied as much as 20%. Crypto traders are expressing greater appetite for risk ahead of tomorrow's Fed meeting. Stocks also stabilized after extreme sell-offs
Biggest Movers: IOTX Climbs 13%, as GRT Leads Gainers on Tuesday
15.3.2022
Following a slow start to the day, cryptocurrency markets rebounded during the afternoon, as bulls regained optimism prior to Wednesday’s FOMC meeting. GRT was one of the biggest to climb, with IOTX also recording double digit gains. The Graph (GRT) On Tuesday, GRT rose to its highest level...
Crypto.com Launches US Exchange — Institutional Investors Granted Access First
15.3.2022
The digital currency exchange Crypto.com has revealed it’s launching a crypto trading platform in the United States to waitlisted users and then a progressive rollout will follow. Furthermore, the company says the trading platform’s VIP users will get access to “exclusive...
Bitcoin Consolidates as Fed Starts Two-Day Meeting
15.3.2022
Bitcoin (BTC) trimmed some of its losses from earlier in the day on Tuesday as market participants turned their focus to the expected interest rate hike by the US Federal Reserve on Wednesday.
At 16:56 UTC, the price of BTC stood at USD 39,199, up a mere 0.7% for the past 24 hours and 3%...
Bitcoin risks final 'bear market capitulation' as rich investors continue BTC selloff — analyst
15.3.2022
But more inexperienced investors have been choosing to become long-term Bitcoin holders, limiting sell-side risks below $30,000
Which tokens should you buy and hodl in 2022? | Find out now on The Market Report live
15.3.2022
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss which tokens you should buy and hodl in 2022
Bitcoin, Ethereum Technical Analysis: BTC Fails to Breakout of $40,000 Resistance Level
15.3.2022
On the eve of tomorrow’s FOMC meeting, bitcoin once again failed to climb past its long-term resistance level of $40,000, as markets consolidated. Although prices moved away from recent support, upside momentum slowed as BTC neared its ceiling. As of writing, ETH was trading at its level...
RUNE Extends Rally After Interest-Free Loans, Synths Unveiled
15.3.2022
The price of RUNE, the native token of the THORChain decentralized finance (DeFi) ecosystem, has risen strongly for the past week after a slew of new features was unveiled, including synthetic assets and loans with no interest....
Read More: RUNE Extends Rally After Interest-Free Loans, Synths...
THORChain quietly outperforms crypto market in Q1 — Can RUNE price break $10 next?
15.3.2022
THORChain reveals plans to launch Terra's UST-like native stablecoin and "Thorfi."
Bitcoin and Ethereum Bears Dominate, Major Altcoins Struggle
15.3.2022
Bitcoin price attempted an upside break above USD 39,500, but failed. BTC started another decline below the USD 39,000 level and is currently (11:44 UTC) trading near USD 38,700.
Similarly, most major altcoins are struggling to climb higher. ETH failed above USD 2,570 and remains at a risk...