Search
DeFi TVL hits new highs while Metaverse tokens show signs of exhaustion
29.11.2021
Metaverse tokens are starting to cool off while DeFi platforms register steady inflows that pushed the sector’s TVL to a new all-time high
Key data points suggest the crypto market’s short-term correction is over
29.11.2021
Bitcoin price is still pinned below $60,000, but the recovery in ETH and altcoins suggests that the current correction could be coming to an end
Plan B Says Bitcoin Price Still ‘on Track Towards $100K’ Despite Missing November’s Price Prediction
29.11.2021
This month, the price of bitcoin sank below the $60K zone this month after reaching an all-time high (ATH) at $69K per unit. The pseudonymous bitcoin analyst and the creator of the bitcoin price model called stock-to-flow (S2F), Plan B, called the last three months of bitcoin prices correctly...
'Failing' S2F Model Refuels Debate on Bitcoin Price Model’s Usefulness
29.11.2021
With only one day left before the end of the month, a USD 98,000 price prediction for November by the pseudonymous bitcoin (BTC) analyst PlanB is officially out of the question. And with that, a new debate on the validity of PlanB’s well-known bitcoin stock-to-flow (S2F) model is again raging among...
Crypto Market Sentiment Dropped Last Week
29.11.2021
Crypto market sentiment keeps falling, and has done so for the second week in a row now, moving closer towards the score of 5. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets stood at 5.47 last week, but it is at 5.22 today, according to data provided...
Bitcoin and Ethereum Face Key Hurdles, STX Accelerates
29.11.2021
Bitcoin price started an upside correction above the USD 56,500 resistance. BTC even cleared USD 57,000, but it is facing hurdles near USD 58,000. It is currently (12:03 PM UTC) consolidating near USD 57,000.
Besides, most major altcoins are facing key hurdles. ETH is consolidating near USD 4,300...
Bitcoin and Ethereum Spurt Higher, SAND and GALA Rally
29.11.2021
Bitcoin price started a recovery wave above the USD 56,500 resistance. BTC is up 6%, it broke the USD 57,000 level and is currently (04:35 UTC) consolidating. A close above the USD 58,000 level is needed for more upsides in the near term.
Besides, most major altcoins are moving higher. ETH is...
NFT art will never be mass-market — NFT licenses may be
28.11.2021
NFT digital art sales generate headline after headline, though this is not the real mass-market use of this novel technology
Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds
28.11.2021
With the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows. Russian residents are some of the most active participants in the crypto market, the regulator has acknowledged....
Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days
27.11.2021
30 days ago on October 28, the total value locked (TVL) in cross-chain bridges to Ethereum was around $22.48 billion and in the face of the recent market dump, the TVL still increased by 9.56%. At the time of writing, there are 135,148 unique depositors and Axie Infinity’s Ronin Bridge holds...
Digital Land Plots Selling for Millions in Metaverse Projects
27.11.2021
The concept of the metaverse is starting to blow up, and many of the early companies that are invested in it are already reaping some of the benefits from this new trend in the market. Digital land plots in virtual worlds are now selling for millions of dollars on different platforms, including...
‘Financial Inclusion’ — A Buzzword for Central Banks Who Secretly Despise Economic Freedom
27.11.2021
The World Economic Forum (WEF) has released its latest report on “digital currency governance” this month, addressing stablecoins, cryptocurrencies, and “barriers to financial inclusion.” Like most central banks, regulators, think tanks, and politicians, the...
Stablecoin Economy Surges Past $150B, Stablecoins Command Over 50% of Global Crypto Trade Volume
26.11.2021
A great number of digital currencies have swelled in value this year and as the end of 2021 approaches, the market capitalization of all 11,000+ crypto assets in existence is roughly $2.6 trillion. These days, it’s safe to say that dollar-pegged tokens, otherwise known as stablecoins, have...
Bitcoin reverses 'bear market' at $53.5K as Pfizer gains on fresh panic over Coronavirus 'Nu' variant
26.11.2021
Bitcoin price action steadies after losing almost $6,000 Friday as winners and losers from the Coronavirus 'Nu' variant scare emerge
Crypto Economy Slides 8% in Value Shaking Out Billions, Blame Placed on New Covid Variant
26.11.2021
During the last 24 hours, the crypto economy has lost 8% in value as a great number of crypto asset prices dropped significantly during the overnight trading sessions. Crypto markets lost more than $22 billion in value as the leading digital currencies in the top 20 standings lost anywhere between...
Is the Polygon (MATIC) Bull Market Back on Track?
26.11.2021
Polygon provides tools to enhance the speed and reduce transaction costs on blockchain networks. It was formerly known as Matic Network. As the name suggests, Polygon has many shapes, sides. The aim is to build a simple framework for interconnected networks. At the center of Polygon is Ethereum...
Russian Parliament Sets Up Working Group on Cryptocurrency Regulations
26.11.2021
A working group on cryptocurrencies and related activities will soon begin to meet at the State Duma, the lower house of Russian parliament. Its members are expected to take on the task of clarifying various regulatory aspects related to digital financial assets such as the legalization of mining...
Bitcoin, Ethereum and Altcoins Nosedive
26.11.2021
Bitcoin price failed to settle above the USD 58,500 resistance zone. BTC struggled to continue higher and started a sharp decline below USD 55,000, after stock markets in Asia and US stock futures all pointed lower on fears over a new variant of the coronavirus that is spreading in South Africa....
Selling Hits Crypto Market Again as New COVID Variant Spooks Traders
26.11.2021
Selling pressure once again hit the crypto market on Friday, after stock markets in Asia and US stock futures all pointed lower on fears over a new variant of the coronavirus that is spreading in South Africa.
At 10:28 UTC, bitcoin (BTC) was down by 6.5% over the past 24 hours, trading at a price...
Basic Attention Token Best Performer in Top 100 After Technical Breakout, New Wallet
26.11.2021
The advertisement-focused basic attention token (BAT) soared higher in price today after a major technical break-out on the chart sparked a buying frenzy among traders.
The token, which among other things is used to reward users in the privacy-centric internet browser Brave, rose by 21.7% over...