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2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months
25.1.2022
While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion...
Bitcoin, Ethereum Technical Analysis: BTC Bounces Back After Monday’s Selloff
25.1.2022
Following Monday’s selloff, cryptocurrency markets mostly rebounded across the board, with bitcoin and ethereum prices rallying by as much as 10%. Overall the global crypto market cap was over 6% higher from yesterday’s session. Bitcoin Bitcoin, which fell to an intraday low...
What is the best marketplace to buy NFTs? | Find out now on The Market Report
25.1.2022
Cointelegraph’s resident experts discuss which NFT marketplace offers the best features
Fantom Soars as Daily Transaction Count Briefly Exceeds Ethereum’s
25.1.2022
The Fantom blockchain’s native FTM token rose sharply in price today, after the network last weekend saw its transaction count exceed that of Ethereum (ETH), the most valuable smart contract blockchain by market capitalization....
Read More: Fantom Soars as Daily Transaction Count Briefly...
Fearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows
25.1.2022
Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current monetary easing policy and raising the benchmark interest rate. Economists and market analysts fear...
HotForex Granted License by the Capital Market Authority (CMA) of Kenya
25.1.2022
The Capital Market Authority, CMA, of Kenya has granted the license to HotForex. This is an addition to the list of regulators who have already approved the functioning of HotForex in their respective countries. HotForex’s approval by the Capital Market Authority of Kenya further strengthens...
Bitcoin and Ethereum Recovery Reaches Key Juncture, Altcoins Rally
25.1.2022
Bitcoin price formed a base and started a decent increase above USD 35,000. BTC was able to clear the USD 36,000 resistance. It is currently (11:55 UTC) up 8% but there is a major hurdle waiting near USD 37,000.
Similarly, most major altcoins are approaching key barriers. ETH must clear...
Bitcoin and Ethereum Inch Higher, ATOM Jumps
25.1.2022
Bitcoin price found support near USD 33,000 and started an upside correction. It is currently (04:15 UTC) up 3%, is trading near USD 36,500 and facing resistance near USD 37,000.
Similarly, most major altcoins are attempting an upside correction. ETH spiked towards USD 3,150 before recovering...
Goldman Sachs Sees the Metaverse as $8 Trillion Opportunity
25.1.2022
Global investment bank Goldman Sachs has predicted that the metaverse could be an $8 trillion opportunity. Several others have similarly predicted that the metaverse is a multitrillion-dollar market. Goldman Sachs Says the Metaverse Could Be an $8 Trillion Opportunity Global investment bank Goldman...
Boom or bust? Is there a way for Bitcoin price to hit $100K in 2022?
25.1.2022
BTC price took an unexpected bearish turn in January, but are there any catalysts that could support a run to $100,000 in 2022?
Technical Analysis: Cosmos Climbs Higher, While Solana’s Fall Continues
24.1.2022
After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day. Cosmos One such crypto was cosmos (ATOM), which was the biggest gainer in the top 20, climbing by almost...
Top Meme Coins by Market Capitalization Shed Billions, DOGE Down 80% Since All-Time High
24.1.2022
As digital asset markets have shed significant value during the last two weeks, the top meme coins by market capitalization have dropped considerably against the U.S. dollar. The top meme asset dogecoin has lost 23.9% over the last seven days, while shiba inu’s value was reduced by 31.1%...
Analysts say Bitcoin’s bounce at $36K means “it’s time to start thinking about a bottom”
24.1.2022
Top traders are starting to search for optimal long entries for BTC even as concerns about the Federal Reserve’s new policy directive weighs on stocks and crypto markets
Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Month Low
24.1.2022
The selloff in cryptocurrencies continued to start the week, with bitcoin falling to its lowest level since July. Ethereum was also trading in the red, hitting multi-month lows in the process. This comes as the overall global market cap in cryptos was down close to 9% at the time of writing....
SEC Has Taken 97 Crypto Enforcement Actions So Far — Crypto a Top Priority for Chairman Gensler
24.1.2022
The U.S. Securities and Exchange Commission (SEC) has brought 97 cryptocurrency enforcement actions so far. Furthermore, the securities regulator has imposed approximately $2.35 billion in total monetary penalties against digital asset market participants. 97 Crypto Enforcement Actions Cornerstone...
Bitcoin in ‘Oversold’ Area, Ethereum Down 54% from ATH as Markets Brace for Fed
24.1.2022
Prices of major cryptoassets, including bitcoin (BTC) and ethereum (ETH) continued to fall on Monday, with technology stocks leading the way down as market participants are getting ready for a US Federal Reserve (Fed) meeting set to begin on Tuesday....
Read More: Bitcoin in ‘Oversold’ Area...
Crypto Market Sentiment Slightly Up in a Week, Bloody in a Day
24.1.2022
The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets went up from 4.9 recorded seven days ago to 5.05 – back at the level seen two weeks ago, according to the market sentiment analysis service Omenics. Additionally, there is a single coin in the positive...
Ethereum, Altcoins Tumble Against Bitcoin as BTC Trends Lower
24.1.2022
Bitcoin price failed to recover towards the USD 36,500 level and started a fresh decline below USD 34,000. It is currently (12:00 PM UTC) down over almost 6% and there is a risk of a move towards the USD 32,000 level.
Similarly, most major altcoins declined heavily. ETH is down 10% and there...
Luna Foundation Guard Launches to Support UST Peg as Stablecoin Blows Past $11B Market Cap
24.1.2022
The Luna Foundation Guard, a new decentralized organization developed to support the Luna ecosystem, has been launched last week in Singapore. The institution will offer funding in the form of grants to support initiatives built on top of the Luna network. One of its biggest functions will be...
Bitcoin and Ethereum Struggle to Recover, Smaller Altcoins Trim Losses
24.1.2022
This past weekend, bitcoin price started a strong decline below the USD 40,000 support. BTC traded below the USD 35,000 level to move further into a bearish zone. It is currently (05:36 UTC) consolidating losses near USD 35,000.
Similarly, most major altcoins declined sharply. ETH traded below...