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Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse
2.2.2023
The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX. Smart Contract Economy and Defi TVL Bounces Back...
Biggest Movers: AVAX Hits Highest Point Since August, Following 17% Jump
2.2.2023
Avalanche moved to its highest point since August, as the token rose by as much as 17% in today’s session. Cryptocurrencies surged across the board, following the latest Federal Reserve rate hike, with the global market cap 4.29% higher as of writing this. Polygon also hit a multi-month high...
Following APT’s 400% Rise Since Late December, Aptos Drops 20% From All-Time High
1.2.2023
On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an all-time high and then lost 20% of its value over the next five days. In the past 24 hours, it also shed 8.3% against the U.S. dollar. Despite the decline from its all-time high, APT is still up 349% compared to last month’s...
New Revelation: Australian Regulators Probed FTX Crypto Exchange Before Its Collapse – Here's Why
31.1.2023
It has emerged that the once thriving FTX exchange had been subject to open inquiries from the Australian Securities and Investments Commission (ASIC) since March 2022.
With over 30,000 Australian investors seeking to reclaim their individual deposits of up to $1M (AUD). Questions are surfacing...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower, Ahead of Key Week of US Economic Data
31.1.2023
Bitcoin fell below $23,000 on Jan. 31, following a recent move to a five-month high over the weekend. Market volatility has since increased, as traders prepare for a big few days of economic data from the United States. The conference board will release its consumer confidence report later today...
Bitcoin Suffers Largest Daily Plunge Since November to Sink Below $22.6K as Fed Meeting Looms
31.1.2023
The largest cryptocurrency by market capitalization was recently down over 4.5% amid ongoing worries about inflation and the size of the next interest rate hike
On-chain Metric Flashes First Bitcoin Buy Signal Since 2019 – Here is What You Need to Know
30.1.2023
According to crypto data analytics firm CryptoQuant, an on-chain metric is giving off a definitive Bitcoin buy signal for the first time since 2019. CryptoQuant’s Profit and Loss (PnL) Index, an index constructed from three on-chain indicators relating to the profitability of the Bitcoin market...
Sandbox’s SAND Surges 90% Since Start of Year Ahead of Token Unlock
30.1.2023
The unlock, scheduled for mid February, will release 12% to the token’s supply
Digital asset investment products see highest inflows since July 2022: Report
30.1.2023
According to CoinShares, digital asset investment products saw $117 million in inflows last week
Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition
30.1.2023
Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then,...
Argentine Peso Loses Almost 12% Against the Greenback During January; Inflation Projected to Rise Sharply
30.1.2023
The Argentine peso has fallen consistently against the U.S. dollar this month, losing almost 12% since Jan. 1. The behavior of the exchange rate for the informal “blue” dollar keeps bringing concerns about a possible escalade in inflation rates, that are predicted to reach almost 100%...
Best January since 2013? 5 things to know in Bitcoin this week
30.1.2023
Multi-month BTC price highs keep trickling in, but Fed volatility looms as the FOMC coincides with the Bitcoin monthly candle close
Artificial Intelligence and Cryptocurrency: The Rise of AI-Focused Projects in 2023
29.1.2023
Trends show that artificial intelligence (AI) will be a major topic in 2023, as data indicates a surge in interest. Since interest peaked and Microsoft invested billions into Chatgpt, demand for AI-focused cryptocurrency projects has risen dramatically. For example, the crypto project Fetch.ai...
Nearly $13 Billion in Sales: Breaking Down 5 NFT Collections by Sales Volume
29.1.2023
Non-fungible token (NFT) assets have existed since at least 2014, but interest in them began to rise in January 2021, according to Google Trends data. Approximately one year later, the search term “NFT” reached its highest score on Google Trends. During that time the top five...
Biggest Movers: DOGE up to 6-Week High, as AVAX Jumps 13% on Saturday
28.1.2023
Dogecoin rose to a six-week high on Saturday, as prices rose above a key resistance level to start the weekend. The meme coin climbed to its strongest point since December, as the global crypto market cap was mostly in the green in today’s session. Avalanche also surged today, hitting its strongest...
“We’re on the Right Highway” How Metaspins Crypto Casino Is Growing Rapidly Weeks After Its Launch
27.1.2023
PRESS RELEASE. Three months since announcing its launch, Metaspins.com is rapidly flying into the crypto space. The new crypto casino offers players 100% crypto gameplay, a selection of over 2,500 games, and plenty of promotions which will keep its growing audience asking for more. With quick...
Biggest Movers: MATIC Nears 3-Month High, as LINK Extends Recent Gains
27.1.2023
Polygon rose to its highest level since early November on Friday, as markets reacted to the latest U.S. consumer sentiment data. Sentiment rose to 64.9 in January, up from a reading of 59.7 in December. Chainlink also surged in today’s session, hitting its strongest point in nearly two months....
Bitcoin on Track for Best January Since 2013, Led by Bullish Trading in US Hours
27.1.2023
Bitcoin has rallied almost 40% since Jan. 1, on track for its best opening to a year since 2013, when it surged 51%
After Mocking the Price Model, Crypto Advocates Discuss Bitcoin’s Rainbow Chart Reintegration
26.1.2023
On a few occasions last year, crypto advocates discussed how a number of price models, leveraged to help predict the future value of bitcoin, ended up failing. However, since bitcoin’s value has increased by 36% over the last month, the price has entered the darkest band of the rainbow chart...
Blur NFT Marketplace Surges in Volume and Market Share, Rivaling Industry Leader Opensea
26.1.2023
Blur, the non-fungible token (NFT) marketplace, has seen a significant increase in volume since its launch in October. According to statistics from Dune Analytics, Blur has captured about 30% of the market share in terms of sales volume. The NFT marketplace leader, Opensea, commands 48% of...