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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...
Stablecoin Economy Jumps 3.5% in 2 Weeks to $167 Billion, Fiat-Pegged Tokens Command Over 60% of Crypto Trades
25.12.2021
Since December 8, the stablecoin economy has grown 3.59% in 17 days as numerous stablecoin market valuations have issued more fiat-pegged tokens this month. On Saturday, December 25, the stablecoin economy’s $167 billion market valuation represents 6.68% of the entire $2.49 trillion crypto...
Pro-Bitcoin Senator to Introduce Comprehensive Crypto Bill in US
25.12.2021
The pro-bitcoin U.S. Senator Cynthia Lummis has reportedly unveiled her plan to introduce a comprehensive crypto bill that will cover everything from how cryptocurrencies are taxed and categorized to consumer protections. The bill will also propose creating a new entity to oversee the digital asset...
Christmas Rally for Bitcoin, Ethereum as Prices Break Key Levels, Funding Rates Turn Positive
24.12.2021
It looks like Santa Clause has arrived early for crypto investors this year, with strong rallies seen across bitcoin (BTC), ethereum (ETH), and the broader altcoin market in the past 24 hours.
At 13:10 UTC, BTC traded at USD 51,038, up 4.3% for the past 24 hours and 7.1% for the past week....
Bitcoin and Ethereum Show Bullish Signs, Altcoins Rally
24.12.2021
Bitcoin price gained pace for a move above the USD 50,000 level. BTC even surpassed the USD 50,500 level and currently (11:30 UTC) showing positive signs. An upside break above USD 51,200 could spark a fresh rally in the near term.
Similarly, most major altcoins are slowly gaining momentum....
Bitcoin Jumps Above USD 51K, Ethereum Hits USD 4,100, ADA & LUNA Rally
24.12.2021
Bitcoin price formed a base and accelerated above USD 48,500. BTC bulls pushed the price above the USD 51,000 zone. It is currently (04:18 UTC) up 5% and there could be a minor downside correction.
Similarly, most major altcoins are also rising. ETH increased 3%, is back above USD 4,000...
Terra (LUNA) hits record $20B TVL, surpassing Binance Smart Chain
23.12.2021
Terra becomes the second-biggest DeFi chain in terms of total value locked after Ethereum
What cryptocurrencies should you watch in 2022? | Find out live on The Market Report
23.12.2021
The holiday edition of “The Market Report” with Cointelegraph is live right now!
Ebay Alternative Platform Ethair Market Launches Its Token, Sellers Can Now Accept Crypto for Goods
23.12.2021
Ethair Market has listed ETHR token on Uniswap as a result of its first governance vote by the holders. Utilities of the token are directly tied to a user’s interaction with the marketplace. On top of the proprietary token, Ethair Market currently supports fiat and cryptocurrencies such...
Report: Illegal Trades Account for Less Than 3% of Total Bitcoin Transactions
23.12.2021
According to a new report, illegal transactions, scams and gambling together make up less than 3% of the volume on the Bitcoin blockchain while exchanges and trading desks account for around 80% of volume. Exchanges Dominate Bitcoin Volumes A new study called “Blockchain Analysis of...
Bitcoin Witnesses a Peak as Coinbase Goes Public- Market Year Round Review
23.12.2021
In February, bitcoin’s price surpassed $50,000 when Tesla announced a $1.5 billion investment in Cryptocurrency. The reaction of the market prompted one creative T-shirt merchant to produce a $19.99 T-shirt printed with the words “Elon’s Candle,” alluding to Tesla’s wealthy...
Bitcoin and Ethereum Struggle to Recover, AAVE Accelerates
23.12.2021
Bitcoin price started a downside correction below USD 49,000. BTC traded below USD 48,500 and is currently (12:12 PM UTC) showing bearish signs. A close below USD 48,000 might spark more downsides.
Similarly, most major altcoins are stuck in a range. ETH is trading below USD 4,000 but well...
Bitcoin and Ethereum Continue to Fail Near Important Highs, DOT and NEAR Rally
23.12.2021
Bitcoin price attempted an upside break above the USD 49,500 zone but failed. BTC started a downside correction below USD 49,000. It is currently (04:21 UTC) trading below USD 48,700 and there is a risk of a move towards USD 47,500.
Similarly, most major altcoins are also struggling to gain...
Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype
22.12.2021
In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The monetary authority also announced that the prototype of the platform for its own digital currency...