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Crypto Fear and Greed Index Score Hits 5 Month Low, Analyzed Sentiment Points to ‘Extreme Fear’
9.1.2022
On January 8, 2022, the price of bitcoin dropped to $40,517 per unit just after 1 p.m. (EST) on Saturday afternoon. According to the Crypto Fear & Greed Index (CFGI), sentiment shows “extreme fear” is in the air, and the CFGI score is a 10. The last time the CFGI score was this...
LCX loses $6.8M in a hot wallet compromise over Ethereum blockchain
9.1.2022
The hot wallet compromise was followed by an unauthorized transfer of eight types of ERC-20 tokens including ETH, USDC, LINK and MKR
$2.7 Billion in NFT Sales Recorded Last Month — Ethereum, Ronin, Solana Top 3 NFT Networks
8.1.2022
This week Google Trends shows that the acronym NFT, which stands for non-fungible token, has reached a score of 100, the highest score a search query can get from the data analytics aggregator. Meanwhile, statistics indicate that during the last 30 days across ten different blockchains...
Value Locked in Defi Slips 10% in 4 Days, Ethereum TVL Dominates at 58%
8.1.2022
Four days ago, the total value locked (TVL) in decentralized finance (defi) was coasting along at $255.84 billion and since then, the TVL has dropped ​​8.55% in value. During the last 24 hours, the TVL has slid 2.80%, and Curve’s $23 billion locked today represents 9.84%...
Bored Ape Yacht Club is a huge mainstream hit, but is Wall Street ready for NFTs?
8.1.2022
Experts share how Bored Ape Yacht Club's success has changed the NFT landscape for good
JPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues
8.1.2022
A note from JPMorgan states that Ethereum might be at risk of losing defi dominance as a result of its inability to produce effective scaling solutions fast. The note, written by Nikolaos Panigirtzoglou, managing director of global markets strategy at the firm, further stated that other new smart...
Vitalik Buterin gives thumbs down to cross-chain applications
7.1.2022
Ethereum's co-founder cites "fundamental security limits of bridges" as the key reason for his disapproval
Mozilla ‘Pauses the Ability to Donate Crypto’ After Complaints and ‘Environmental Impact’ Considerations
7.1.2022
On December 31, the software community founded in 1998, Mozilla, announced it was accepting crypto-asset donations via Bitpay. However, shortly after the announcement, a number of people complained about the decision the company made. A week later, Mozilla has announced it is backing away from...
Cosmos ecosystem tokens rally after Evmos promises Ethereum interoperability
7.1.2022
IRIS, SCRT and AKT are among the Cosmos ecosystem assets that turned bullish in anticipation of Ethereum interoperability via Evmos
Interest in Bitcoin and Ethereum Slides According to Google Trends Data, NFT Queries Skyrocket
7.1.2022
While bitcoin, non-fungible token (NFT) assets, ethereum, and cryptocurrencies had an incredible year in 2021, none of the trends made it into Google’s “Year in Search” review. Currently, interest in bitcoin, in terms of Google searches has dropped considerably since the week...
Top 20 NFT Marketplaces Where You Can Buy & Sell Digital Collectibles
7.1.2022
Non-fungible tokens (NFTs) are (still) booming, with new marketplaces appearing almost every week to meet the growing demand. That can make it tricky for newcomers to know where to safely buy and sell virtual items and crypto art.
Read on to discover a list of 20 leading NFT marketplaces across...
Boba Network Introduces ‘Wagmi’ Options for Developers and Builders
7.1.2022
Boba Network, an L2 (layer 2) expansion layer for Ethereum, has announced the launch of what it calls “Wagmi” options as a way of incentivizing builders and supporters to be invested in the project. The incentive programs will be distributed amongst different projects on the chain...
Bitcoin Fluctuates as US Employment Figures Send Mixed Signals to Fed
7.1.2022
The price of bitcoin (BTC) fell slightly along with US stock market futures in the early hours of the US trading session today after US payroll figures missed their forecast by a relatively wide margin. Shortly after, however, the situation improved, with stocks in the green and BTC largely...
Ethereum Prepares for Deep Plunge; How Low Will ETH Go?
7.1.2022
Though Ethereum is the world’s second-largest cryptocurrency, ETH prices could risk falling more than 20% in upcoming months if selling pressure increases. It is showing a bearish outlook in daily and weekly charts. At the time of writing, the price of Ethereum is around $3233. On the daily...
Bitcoin, Ethereum Could Benefit If Stocks Drop After Fed Tightening – Strategist
7.1.2022
Contrary to popular belief, the two largest cryptocurrencies bitcoin (BTC) and ethereum (ETH) could benefit from a tightening of monetary policy from the US Federal Reserve (Fed), Mike McGlone has argued in a new note.
According to McGlone, who is the Bloomberg Intelligence’s Senior Commodity...
Bitcoin and Ethereum Struggle to Recover, Multiple Small Cap Altcoins in Green
7.1.2022
Bitcoin price failed to recover above USD 43,500 and extended decline. BTC traded below the USD 42,500 support level. It is currently (12:57 UTC) trading near USD 42,300 but is struggling to move higher.
Similarly, most major altcoins are gaining bearish momentum. ETH dived towards USD 3,100...
Bitcoin, Ethereum & Crypto Co See Mixed Performance as Analysts Disagree on Short-Term Price Moves
7.1.2022
Following heavy selling during the Asian trading session today, bitcoin (BTC), ethereum (ETH) and other major cryptocurrencies trimmed some of their losses later in the day, with some coins seeing strong 24-hour gains and others slight losses at press time.
At 10:18 UTC, BTC traded at...
Vitalik proposes new ‘multidimensional’ Ethereum fee structure
7.1.2022
Calculating different gas prices for different resource usage may streamline the current fee structure for Ethereum according to Buterin
Bitcoin, Ethereum, and Major Altcoins Test New Lows, MANA and ATOM Rally
7.1.2022
Bitcoin price remained in a bearish zone below the USD 45,000 level. BTC even dived below USD 40,700 and is currently (04:59 UTC) trying to recover above USD 41,200.
Similarly, most major altcoins increased their losses this week. ETH dropped to USD 3,130 before moving to USD 3,180 again....
Despite the Crypto Market Dip, Weekly Gains Show OSMO, ATOM, FTM, and a Slew of Other Assets Shined
6.1.2022
On January 5, digital currency markets shed a great deal of value as bitcoin dropped below the $44K handle during the late afternoon (EST) trading sessions on Wednesday. Nearly every coin has shed 24-hour value, but a slew of crypto assets have seen double-digit gains and have managed to stave...