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The Billion Dollar Market Cap: True Ownership For The Internet!
8.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Remember the Million dollar website? Imagined and brought to live back in 2005 by Alex Tew, the concept was a simple yet powerful one. To raise money for his university education, Alex decided to create a website...
NFT Market Becomes More Active, But Prices Drop
7.7.2021
In June, activity in the non-fungible token (NFT) market increased after it bottomed in May, while average prices seem to be still dropping.
For example, yesterday, the number of weekly NFT sales reached 36,050, compared with a low of 12,976 in May, per Nonfungible.com data. Meanwhile, the value...
Charles Hoskinson Faces Twitter Backlash as His Cardano Predictions Fall Short of Reality
7.7.2021
Charles Hoskinson, the founder of Cardano, has recently found himself the target of Twitter critics as year-old tweets that highlighted projections for the network’s adoption are failing to match community expectations. Slower Rollouts and Sluggish Adoption Spotlighted by Critics Cardano,...
Are KuCoin Shares overvalued after KCS price gains 100% in one month?
7.7.2021
The 72nd-largest cryptocurrency by market cap reached its two-month high amid a rally across exchange-based digital assets but faces downside risks due to overvaluation and thin volumes
Musée – the User Owned NFT Marketplace and Gallery
7.7.2021
2021 continues to bear witness to the continual rise in non-fungible token (NFT) prevalence and innovation. Following on from 2020 – where the NFT market was claimed to have tripled in total transaction value – NFT sales in just the first quarter of 2021 reached over a whopping...
Robinhood's cash cow under SEC scrutiny amid IPO filing
7.7.2021
Robinhood’s main revenue source for the first quarter of 2021 could come under SEC review
Bitcoin analyst says 'supply shock' underway as BTC withdrawal rate spikes to one-year high
7.7.2021
The supply shock is being unnoticed similar to Q4 2020 before the price of Bitcoin skyrocketed, says Willy Woo
The rise of oracles: Institutional investors need trusted crypto market data
6.7.2021
It is crypto (economic) market data and various economic models that enable us to make sense of the emerging and messy crypto markets
Avalanche founder Emin Gün Sirer ‘quite bullish' on crypto market prospects
6.7.2021
Despite the current market downturn, the Cornell University computer scientist and professor says he is bullish about crypto
Is the Bitcoin bull run only in the ‘disbelief’ market cycle phase?
6.7.2021
BTC price action would perform a one-off move if it were to top out at its recent $64,500, Alex Saunders believes
AAVE price hits 3-week high as ‘Aave Pro’ debuts for institutional lending
6.7.2021
Aave's gains also coincide with a sharp upside momentum across the cryptocurrency market
Ether already ‘flippening’ Bitcoin, says Celsius CEO
6.7.2021
Celsius Network CEO Alex Mashinsky suggested that Ether has already started “flippening” Bitcoin in U.S. dollar terms
248% Weekly Gains — Baby Doge Coin Continues to Rally While Most Crypto Asset Markets Slump
5.7.2021
Four days ago, the crypto community and mainstream audiences caught a whiff of a new meme-based crypto asset called baby doge. The coin got a lot more attention when Tesla’s Elon Musk tweeted about baby doge and almost immediately after the tweet, the asset’s value skyrocketed. Musk...
Crypto Market Sentiment Finally Sees a Rise, Led by Cardano
5.7.2021
After weeks of drops, there is finally an improvement in the market sentiment. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins went up to 4.87, compared to 4.46 seen a week ago, according to the data provided by the market sentiment analysis service Omenics....
Share Buyback Magic: Financial Forecaster Says Stock Market Rally Is All ‘Smoke and Mirrors’
5.7.2021
While the American economy witnesses small business failures across the nation, historical unemployment rates, major issues with the supply chain, countless product shortages, and the cost of goods and services inflating, the stock market continues to rally. The CEO of the Forward Thinking Group...
JPMorgan Predicts When Bitcoin Bear Market Will Be Over
4.7.2021
Global investment bank JPMorgan has predicted that the bitcoin price slump will likely be over when the cryptocurrency’s dominance rises back above 50%. “I think that’s another indicator to watch here in terms of whether this bear phase is over or not,” the firm’s...
New Bill to Ban Crypto Payments in Iran, Support Mining and Regulate Exchange
3.7.2021
Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding industry. While the bill effectively bans crypto payments in the country, it aims to support cryptocurrency mining and regulate the exchange...
Bitcoin Still Commands the 9th Largest Market Capitalization in the World
3.7.2021
Despite the drop in value during the last three months, the leading crypto asset bitcoin is still the ninth most valuable asset in the world in terms of market capitalization. Moreover, bitcoin could flip some of the world’s most valuable assets in the future, as the crypto asset is 67% away...
DeFi proved resilient during the March 2020 and May 2021 market crises
3.7.2021
While centralized protocols struggled with the two major market crises of March 2020 and May 2021, DeFi remained resilient
Bitcoin Blocks Will Soon Be 27% Easier to Find — Miners Brace for the Largest Difficulty Drop in BTC’s Lifetime
3.7.2021
Bitcoin, the leading crypto asset in terms of market capitalization, has seen the cryptocurrency’s network hashrate drop considerably during the last two weeks. On Saturday, July 3, the network’s mining difficulty will see the largest epoch drop in history as the difficulty is set...