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Tether’s Market Cap Nears $80B, USDT Represents 46% of the Stablecoin Economy
30.12.2021
This week the stablecoin giant tether reached a market capitalization of roughly $78.2 billion according to data. Over the last 30 days, tether’s market valuation grew by 5.6% and the stablecoin now represents 46% of the $168.3 billion stablecoin economy. Tether Market Cap is Less Than...
Frax Share, Swipe and Gnosis lead the altcoin market as Bitcoin recovers to $47.5k
30.12.2021
Data from Cointelegraph Markets Pro shows FXS, SXP and GNO posting double-digit gains as BTC bulls look to recover support at $47,500
Another Crypto Winter Or a New Dawn for NFTs - Industry Insiders Share More 2022 Predictions
30.12.2021
2022 is right around the corner, and we have once again gathered some interesting predictions about what the new year could hold for the crypto space. And as usual, opinions are divided on what to expect, with some fearing regulations could become a showstopper for crypto, and others expressing...
2021’s Digital Asset Shuffle: A Myriad of Crypto Market Cap Positions Moved Chaotically This Year
30.12.2021
2021 has been a bullish year for crypto assets. While prices have risen a great deal, the top ten and top twenty rankings in terms of market capitalization have also changed significantly. A great number of coins have either been pushed down or have entered the crypto economy’s top positions...
Bitcoin and Ethereum Consolidate Losses, ALGO Inches Higher
30.12.2021
Bitcoin price tested the USD 46,000 zone before it found a support zone. BTC started a recovery wave above USD 47,000. It is currently (14:07 UTC) facing a lot of hurdles below USD 48,000.
Similarly, most major altcoins are also facing resistance. ETH is facing an uphill task near USD 3,780...
Investment Adviser Warns It’s a Mistake to Ignore Crypto Assets, Predicts Cryptocurrencies Will Outperform Equities
30.12.2021
Blueprint Capital Advisors CEO Jacob Walthour says it’s a mistake to ignore crypto as an asset class. He also predicts that crypto will outperform equities in the foreseeable future. Investment Adviser Expects Crypto to Outperform Equities Jacob Walthour, CEO and co-founder of Blueprint...
Bitcoin and Ethereum Trend Lower, ALGO and NEAR Jump
30.12.2021
Bitcoin price failed to start a recovery wave and gained pace below the USD 48,500 support. BTC extended decline below the USD 47,500 support and is currently (04:22 UTC) showing bearish signs near USD 46,800.
Similarly, most major altcoins are moving lower. ETH traded below the USD 3,880...
As Bitcoin and Ethereum See Sharp Drops, 18 Crypto Assets Captured Double-Digit Gains Last Week
29.12.2021
While the crypto economy shed billions in value this week, 18 different digital assets have accrued double-digit gains during the last week. At the same time, the top two leading crypto assets by market capitalization, bitcoin and ethereum, have lost between 2.8% to 6.2% in value in seven days....
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’...