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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...
Bitcoin and Ethereum Struggle to Recover, YFI Rallies
17.12.2021
Bitcoin price struggled to stay above the USD 47,500 level. BTC extended decline and traded below USD 47,000. It is currently (11:55 UTC) facing an increase in selling and there is a risk of a move towards USD 46,500.
Similarly, most major altcoins are gaining bearish momentum. ETH traded below...
USDC Sees Native Launch on Avalanche
17.12.2021
USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly...
Lending Platform Ledn Launching Bitcoin-Backed Mortgage Product, Raises $70 Million
17.12.2021
Global digital asset savings and credit platform Ledn has announced the upcoming launch of a bitcoin-backed mortgage product, calling it “the first product of its kind to hit the market.” The company has also raised $70 million, which brings its valuation to $540 million....
Bitcoin and Ethereum Move Lower Again, LUNA and MIOTA Outperform
17.12.2021
Bitcoin price recovered above the USD 48,500 resistance level. However, BTC struggled to gain pace for a move above the USD 49,500 level. It is currently (04:30 UTC) trading below USD 47,900 and there is a risk of a move below USD 47,000.
Similarly, most major altcoins are also moving lower....
Here’s why Bitcoin traders expect choppy markets for the remainder of 2021
17.12.2021
Bitcoin price appears pinned below $48,000, leading some analysts to forecast “choppy” markets until Q1 2022
Tony Hawk Launches ‘Last Trick’ NFT Collection to Commemorate Career and Signature Moves
17.12.2021
Following the American professional skateboarder Tony Hawk’s first non-fungible token (NFT) sale on the NFT marketplace Autograph, Hawk is commemorating his career with a new series of NFTs called the “Last Trick” collection. The popular skateboarder’s latest digital...
ADALend: Protocol Efficiency on Cardano in Handling Interest Rates
16.12.2021
Crypto traders turn to fixed-income instruments like bonds and stocks to diversify their portfolios. The cryptocurrency market is a legitimate source of debt securities that are no less reputable than their equivalents and is a substantial economic force to reckon. With interest rate derivative...
Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement
16.12.2021
Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset...
Bitcoin pushes for $50K! Is the downtrend finally over? | Tune in now to The Market Report w/ Sam Bourgi
16.12.2021
“The Market Report” with Cointelegraph is live right now with special guest Sam Bourgi, business editor at Cointelegraph
How to invest in cryptocurrency when the market is uncertain, explained
16.12.2021
Uncertain markets can be profitable when investors can stay in the know and have the tools to support quick decision-making
DeFi, Metaverse, and NFTs: Top Crypto Use-Cases Capable of Changing the Market
16.12.2021
The crypto industry has experienced tremendous growth in the past two years. Crypto is on its way to the mainstream as it presents multiple use-cases. NFTs, Metaverse, and DeFi are three of the most popular cryoto phenomena that have emerged in recent years. For a long time, virtual reality...