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What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row
29.12.2021
But concerns remain that the cryptocurrency would fall harder than its traditional rivals in 2022 on the U.S. Federal Reserve's increasingly hawkish tones
DeFi Traders Promote Terra’s UST to $10B Market Capitalization
29.12.2021
UST, Terra blockchain’s stablecoin, recently surpassed DAI to become the biggest decentralized stablecoin. In addition, the token has achieved another milestone by reaching 10 billion dollars in market capitalization. CoinGecko, the well-known cryptocurrency pricing website, the UST market breached...
Bitcoin and Ethereum At Risk of More Downsides
29.12.2021
Bitcoin price failed to recover above the USD 48,500 level. BTC extended decline below the USD 48,000 support. It is currently (11:30 UTC) trading below USD 40,000 and might decline further towards the USD 46,500 level.
Similarly, most major altcoins are trading in a bearish zone. ETH declined...
Regulators Learning from Crypto to Take on Pump and Dumps in Stocks
29.12.2021
A newly released presentation has revealed how the Australian Securities and Investments Commission (ASIC) has learned about pump and dump activities in the crypto market, and how the same schemes have spilled over to the stock market.
The previously unknown presentation was first made public...
S&P Global Ratings Study Predicts Crypto and Decentralized Finance Will Continue to Grow in 2022.
29.12.2021
S&P Global, an intelligence and data company, suggests that crypto and decentralized finance trends will continue to gather steam in 2022. In its latest report, the company examines the current state of the market and notes that, while there are still serious problems that could hinder...
$2.5T crypto market will not wait for nations to onboard: WazirX CEO
29.12.2021
"The question for every nation is, do they want to participate and get a share of this pie," says WazirX CEO Nischal Shetty
Aave and Centrifuge Launch 'Real World Assets' Market
29.12.2021
Popular decentralized finance (DeFi) protocol Aave (AAVE) has partnered with decentralized operating system Centrifuge to launch a new market called Real World Assets (RWAs), which would enable users to earn yield against real-world assets.
Prior to this, Aave users could only borrow and lend...
Bitcoin and Ethereum Extend Decline, BTT and MIOTA Rally
29.12.2021
Bitcoin price remained in a bearish zone below the USD 50,000 level. BTC extended decline below the USD 47,500 level before recovering higher. It is currently (04:19 UTC) trading near USD 48,000 and remains at a risk of more downsides.
Similarly, most major altcoins gained bearish momentum....
Genesis Trading Sees ‘Strong Signs’ of Institutional Crypto Investment Growth Accelerating Next Year
29.12.2021
Genesis Trading’s head of market insights says that the institutional investment growth in the crypto space over the last 12 months “has been astonishing.” The executive added: “We’re seeing strong signs of that accelerating over the next year.” Strong...
DeFi sector tokens offer shelter as Bitcoin falls below $48.5K
28.12.2021
FARM, QUICK and ANT offer crypto traders shelter from the storm as the wider market takes a hit with Bitcoin struggling below $48,500
Bitcoin and Ethereum Turn Red, Altcoins Extend Losses
28.12.2021
Bitcoin price started a fresh decline from well above USD 51,000. BTC settled below USD 50,000 and showing bearish signs. It is currently (15:17 UTC) trading near USD USD 49,00 and there is a risk of a sharper decline.
Similarly, most major altcoins are gaining bearish momentum. ETH traded...
Bitcoin Leverage Squeeze Likely in ‘Coming Weeks’ - Analysts
28.12.2021
A rapid increase in the amount of leverage coming from the bitcoin (BTC) futures market could mean that either a short or long squeeze will be seen “in the more immediate term,” according to on-chain analytics firm Glassnode....
Read More: Bitcoin Leverage Squeeze Likely in ‘Coming Weeks’...
Bitcoin and Ethereum Fail Again, Altcoins Trim Gains
28.12.2021
Bitcoin price tried to gain strength above the USD 51,800 resistance. However, BTC failed to continue higher and formed a short-term top near USD 52,000. It started a fresh decline and is currently (04:50 UTC) trading near USD 49,000.
Similarly, most major altcoins are also moving lower....
Study Shows Market Share of Altcoins Surged Threefold Since 2014
27.12.2021
This week, bitcoin’s market dominance among the market capitalization of all 12,046 crypto assets in existence has been hovering above 38%, while ethereum’s overall valuation commands 19% dominance. A report published on Monday shows that since 2014, the market share of altcoins...
Crypto Market Sentiment Improves, Bitcoin & Ethereum Enter Positive Zone
27.12.2021
The sentiment in the crypto market has improved from last week, although it still remains in the zone considered “neutral” by the market sentiment analysis service Omenics....
Read More: Crypto Market Sentiment Improves, Bitcoin & Ethereum Enter Positive Zone
Chinese Central Bank Vows to Develop Real Estate Market
27.12.2021
The Chinese central bank recently promised a healthy development of the real estate industry in the region. In addition, the financial institution talked about safeguarding the home buyers’ legal rights and satisfying their living needs. The PBOC (People’s Bank of China) released the statement...
Bitcoin and Ethereum Consolidate Below Hurdles, ADA Surges
27.12.2021
Bitcoin price settled above the USD 50,000 level. BTC is currently (11:51 UTC) facing a strong resistance near the USD 51,200 and USD 51,500 levels. A close above USD 51,500 is needed for a sustained upward move.
Similarly, most major altcoins are trading below hurdles. ETH is stuck below the...
Kadena Sees Christmas Rally with Yield Farming, NFTs in Focus
27.12.2021
Ethereum (ETH) wannabe competitor kadena (KDA) has continued to soar higher in the market over Christmas on hopes that the protocol will bring improvements to everything from smart contract creation to non-fungible token (NFT) trading.
As of 10:37 UTC, KDA traded at USD 15.31, up 12% for the past...
OpenDAO's SOS Token Falls Over 20% After Its Initial Near-500% Leap
27.12.2021
Decentralized autonomous organization (DAO) OpenDAO launched on Christmas Eve with an airdrop targeting users of the major non-fungible token (NFT) marketplace OpenSea - and a massive rise of the DAO's token was followed by a correction. ...
Read More: OpenDAO's SOS Token Falls Over 20% After...
Bitcoin and Ethereum Target Additional Gains, Altcoins Rally
27.12.2021
Bitcoin price corrected lower from the USD 51,500 zone. BTC tested the USD 50,000 zone and is currently (04:56 UTC) trading around USD 51,000 again. A clear move above USD 51,500 may possibly push the price towards the USD 53,000 level.
Similarly, most major altcoins are also rising. ETH could...