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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 $44K handle during the late afternoon (EST) trading sessions on Wednesday. Nearly every coin has shed 24-hour value, but a slew of crypto assets have seen double-digit gains and have managed to stave...
Top Crypto Concern of Institutional Investors, Ray Dalio on Bitcoin Allocation + More News
6.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Top Crypto Concern of Institutional Investors, Ray Dalio on Bitcoin Allocation + More News
Bitcoin Dominance Sinks to Lowest Level in 3 Years as Ethereum, Numerous Competitors Gain on BTC
6.1.2022
Bitcoin dominance has dropped to the lowest level in just over three and a half years since June 3, 2018, at 37%. Last year, at the end of March, bitcoin dominance hovered just above the 60% zone but since then, numerous digital asset market caps have swelled in value and gathered prominence in...
Why You Need to Buy Sassy Unicorns NFT
6.1.2022
What Are Sassy Unicorns NFT Sassy Unicorns are a collection of 10,000 unique NFTs on the Ethereum blockchain. Each unicorn is available to adopt, with unicorns distributed randomly at the minting event. Special About Sassy Unicorns NFT Each NFT holder can yield 7$ daily by holding NFT in their...
Polygon network activity spikes as NFT sales reach new height
6.1.2022
Polygon's NFT market continues to attract users, though the demographic is more aligned to gaming companies and developers than collectibles as on the Ethereum network
Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto market
6.1.2022
Ethereum lost roughly 13.50% versus Bitcoin's 9% decline in the past 24 hours
During April BTC Peak, 61% of Surveyed Financial Institutions Said Crypto Access 'Extremely' Important
6.1.2022
In the first half of last year, a robust 61% share of surveyed financial institutions considered access to cryptocurrencies “very” or “extremely” important to their corporate customers. This made crypto access the most cited financial services after payment acceptance, according to a survey...
Ethereum’s Position as DeFi Leader Challenged by Terra, BSC, Solana, Avalanche – JPMorgan
6.1.2022
The dominant position enjoyed by Ethereum (ETH) in decentralized finance (DeFi) will increasingly be challenged by other blockchain protocols until a scaling solution for the network is implemented next year, according to a private note by analysts at investment bank JPMorgan....
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Bitcoin, Ethereum, and Altcoins Extend Decline
6.1.2022
Bitcoin price failed to recover and extended decline below USD 45,000. BTC even broke the USD 44,000 and USD 43,500 levels. It is currently (12:26 PM UTC) down 7% and is trading near USD 42,800.
Similarly, most major altcoins declined heavily. ETH traded below the USD 3,550 and USD 3,400...
Ethereum’s Dominance in DeFi Is ‘Far From Given,’ JPMorgan Says
6.1.2022
Ethereum is about to step into a phase of turbulence as its dominion over decentralized financing slowly fades. Experts from JP Morgan Chase believe that the coin’s countermeasures have been timed wrongly and would arrive after the damage is already done. The crypto leviathan lands such...
Selloff in Crypto Triggered by Hawkish Fed as Tech Stocks Drop Too
6.1.2022
Markets ranging from global technology stocks to crypto took a major hit over the past day, after a release of minutes from the last US Federal Reserve (Fed) meeting revealed a more hawkish stance than the market had expected.
At 10:09 UTC, bitcoin (BTC) traded at USD 42,738, down by 9% over...
Coinbase Shares Predictions on Future of Ethereum Scalability, Metaverse, Defi, NFTs
6.1.2022
Coinbase’s chief product officer has shared some predictions for 2022 regarding Ethereum’s scalability, the metaverse, decentralized finance (defi), non-fungible tokens (NFTs), and more. 2022 Predictions by Coinbase’s Executive Coinbase’s chief product officer, Surojit...
Number of Devs on Solana, Polygon, Cardano & Co Growing Faster Than on Ethereum
6.1.2022
Looking at the number of developers, blockchain platforms known in the crypto community as "Ethereum Killers" are growing at a faster rate than Ethereum (ETH) did at similar points in its history. However, Ethereum is still by far the largest ecosystem, retaining 30% of full-time developers...
Ethereum dominates among developers but competitors growing faster
6.1.2022
The total monthly active developers measured hit a record high of more than 18,000 but Ethereum retains the largest number of them
Bitcoin, Ethereum, and Altcoins Tumble
6.1.2022
Bitcoin price started a major decline from well above the USD 47,000 level. BTC dived below the USD 45,500 support zone. It is currently (04:40 UTC) down almost 8% and is trading near USD 42,900.
Similarly, most major altcoins declined sharply. ETH traded below the USD 3,800 and USD 3,750...