Search
Stablecoin Flippening: UST Becomes the Biggest Decentralized Stablecoin By Market Cap
21.12.2021
UST, one of the stablecoins of the Terra project, has become the largest stablecoin by market capitalization today, after having surpassed its Ethereum-based rival, DAI. UST is now the largest decentralized stablecoin in the market, closing a year of growth for the Terra ecosystem, which is...
Bitcoin and Ethereum Accelerate, YFI Extends Gains
21.12.2021
Bitcoin price extended decline below the USD 46,500 level. However, BTC bulls remained active near the USD 45,500 support zone. It is currently (04:22 UTC) up 3.5% in a day and is trading above USD 48,500 again.
Similarly, most major altcoins are also correcting higher. ETH is inching higher above...
Bitcoin’s Bearish Prices at the End of 2021 Not Much Different Than 8 Previous Year-End Cycles
20.12.2021
The price of bitcoin is down more than 33% from the crypto asset’s all-time high captured about a month ago on November 10. A while back, people expected the price of bitcoin to be extremely bullish during the months of November and December, and many expected a $100K bitcoin price by...
Crypto Market Sentiment Falls Further as Ethereum Enters Neutral Zone
20.12.2021
The crypto market sentiment took a turn to the worse this week, with most major coins seeing a lower sentiment score (sentscore) today compared to last Monday. The 7-day moving average of the sentscore for ten major cryptoassets stood at 4.85 today, down from 4.96 a week ago, according to...
Crypto Economy Loses 3% Overnight, Bitcoin Slides Below $46K, Analyst Says ‘Downward Force Still Strong’
20.12.2021
The crypto economy has slid in value 2.9% during the last 24 hours and bitcoin slipped under the $46K price zone on Monday. Furthermore, the top ten digital currencies have lost anywhere between 3% to 7% in value during the last day following bitcoin’s price slide. Top Ten Crypto Coins...
0.01% of Bitcoin holders control 27% of all circulating coins: Study
20.12.2021
Bitcoin’s “one percent” reportedly controls a greater share of BTC than the richest U.S. households control in dollars
Bullish Options Data Gives Hope to Ethereum, Bitcoin Investors
20.12.2021
Large options trades that appear to be betting on a year-end rally for ethereum (ETH), and higher prices for bitcoin (BTC) in January, are getting the attention of some crypto traders.
The bullish bets on BTC and ETH were seen on Deribit, the crypto derivatives exchange that accounts for...
Bitcoin and Ethereum Near Crucial Juncture, Altcoins in Red
20.12.2021
Bitcoin price struggled to clear the USD 48,500 resistance level and started another decline. BTC traded below USD 47,000 and it seems like there is a risk of more losses. It is currently (11:56 UTC) trading below USD 46,500 and it could even decline below USD 45,500....
Read More: Bitcoin...
Asian Sellers Weighing on Bitcoin Price, But Possibly Not for Much Longer
20.12.2021
The bitcoin (BTC) price on average moves markedly lower during Asian business hours than it does during the European and US business hours, indicating that significant selling pressure is coming from Asian investors, new data from on-chain analytics firm Glassnode suggests....
Read More: Asian...
Investors Not Impressed by Polkadot's Parachains Launch
20.12.2021
Blockchain protocol Polkadot (DOT) failed to impress investors over the weekend as it launched its first set of parachains, or individual blockchains running in parallel within the Polkadot ecosystem.
While Polkadot's utility token DOT was relatively flat on December 18, the day of the launch...
Bitcoin and Ethereum Trend Lower While XRP Gains Pace
20.12.2021
Bitcoin price failed to gain strength above the USD 48,500 resistance level. BTC started a fresh decline and traded below USD 47,500. It is currently (04:24 UTC) showing bearish signs and there is a risk of more downsides below USD 46,500.
Similarly, most major altcoins are moving lower....
DOGE and SHIB Led the Pack of Meme-Based Assets in 2021, Both Tokens Dominate 85% of the Meme-Coin Economy
19.12.2021
The end of 2021 is approaching and the market capitalization of meme-based digital currencies like dogecoin and shiba inu has been extremely prominent this year. In fact, the $46.9 billion worth of meme crypto-assets represents 2% of the $2.32 trillion crypto economy. Dogecoin and shiba inu alone...
Demand for Mining Hardware Spikes in Russia, Prices Rise
19.12.2021
The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices, retail data indicates. This year, demand for application-specific integrated circuit (ASIC) machines has multiplied exponentially while video cards have been in short supply leading...
A tale of two NFTs: Could Bored Ape Yacht Club flip CryptoPunks?
18.12.2021
Crypto Twitter has been discussing whether the Bored Ape Yacht Club floor price will eventually flip CryptoPunks, but what are the key factors driving the discussion?
Traders delay $100K Bitcoin prediction, but still expect a blow-off top in 2022
18.12.2021
$100,000 BTC is probably not happening, but analysts are hopeful that BTC can end the year above $50,000 and kick off early 2022 with a new all-time high
Creating a pathway for crypto market growth through better regulation
18.12.2021
The crypto industry as a whole needs to recognize the long-term problems inherent in the current lack of regulation and find ways to work with legislators
Altcoin Roundup: Three smart contract platforms that could see deeper adoption in 2022
17.12.2021
2021 is coming to a close and the Ethereum network still has a fee problem. Here’s how competitor networks attempted to capitalize on Ethereum’s unresolved issues
YFI, HXRO and AR post gains even as Bitcoin price dips to $45.5K
17.12.2021
Yearn.finance, Hxro and Arweave managed to post positive gains even as BTC and ETH price saw sharp pullbacks
Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign
17.12.2021
The total value locked (TVL) in decentralized finance has slid 15.63% since the metric’s all-time high of $275 billion sixteen days ago on December 1. Since the end of the first week of December, the TVL is down 7.19% lower with a number of protocols seeing seven-day losses in terms of TVL....
Indian Crypto Exchange Says 82% of Users Earn Profits This Year, Trading Volume Soars 1,735%
17.12.2021
A major cryptocurrency exchange in India, Wazirx, has reported “a massive surge in user signups” this year, with 82% of its users making profits on their crypto investments. Its trading volume also rose 1,735% from the previous year. Meanwhile, the Indian government is actively...