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Genesis Trading Sees ‘Strong Signs’ of Institutional Crypto Investment Growth Accelerating Next Year
29.12.2021
Genesis Trading’s head of market insights says that the institutional investment growth in the crypto space over the last 12 months “has been astonishing.” The executive added: “We’re seeing strong signs of that accelerating over the next year.” Strong...
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
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...
Russians Have Invested Over $67 Billion in Cryptocurrency, Lawmaker Reveals
21.12.2021
Interest in cryptocurrencies has been growing in Russia, not least among non-qualified investors. According to recently quoted estimates, Russians have already put more than $67 billion into the crypto market, the capitalization of which has increased significantly this year. Russians Spent Some...
Crypto Market Sentiment Falls Further as Ethereum Enters Neutral Zone
20.12.2021
The crypto market sentiment took a turn to the worse this week, with most major coins seeing a lower sentiment score (sentscore) today compared to last Monday. The 7-day moving average of the sentscore for ten major cryptoassets stood at 4.85 today, down from 4.96 a week ago, according to...
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...
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
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...
Stock Exchange Giant Deutsche Börse Secures a Bridge to Crypto Market
16.12.2021
Deutsche Börse Group, the owner of the largest German stock exchange, the Frankfurt Stock Exchange, plans expansion into the global crypto markets as it has finalized the acquisition of Switzerland-based Crypto Finance AG.
Crypto Finance is a provider of trading, storage, and investment...
Crypto Market Sentiment Drops Again, Bitcoin Out of Positive Zone
13.12.2021
After hovering above the border between the scores of 4 and 5 for about a month, the market sentiment dropped below 5 over the past week. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets stands today at 4.96, while a week ago it stood at 5.18...
Analyst Expects US to Embrace Crypto With Proper Regulation in 2022 – Sees ‘Refreshed’ Bitcoin Bull Market
13.12.2021
Analyst Mike McGlone with Bloomberg Intelligence has shared his outlook for the cryptocurrency market going forward. “We expect the U.S. to embrace cryptocurrencies in 2022, with proper regulation and related bullish price implications,” he detailed. Noting that “Bitcoin...
Institutional Investors Expect Major Correction in Crypto Market Next Year
11.12.2021
Many institutional investors are predicting a major correction in the cryptocurrency market next year, a survey published by Natixis Investment Managers shows. Despite seeing crypto as the top contender for a major correction, institutional investors are increasingly warming up to the asset class....
Crypto market eyes recovery ahead of key US inflation data release
10.12.2021
The Asia Pacific and European markets slide in caution ahead of key U.S. inflation data
Financial Adviser Warns Crypto Is ‘One of the Biggest Bubbles Ever’ — Says ‘It’s Going to Be Ugly’
10.12.2021
The president of Payne Capital Management has warned that crypto is “one of the biggest bubbles ever.” Stressing that the crypto market is “becoming a bigger and bigger casino,” he predicts that the bubble will eventually burst and “It’s going to...
Crypto Market Sentiment Down for Third Week in a Row
6.12.2021
Crypto market sentiment dropped for the third week in a row, now standing quite close to the bottom line of the 5-6 range. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is 5.18 today, whereas it was 5.22 a week ago, according to data provided...
Bitcoin Price Plunges; Crypto Market Loses $500 Billion
6.12.2021
Bitcoin price drops significantly on Saturday. More precisely, it loses 10% of its value within one hour. Overall, the world’s largest cryptocurrency is down by almost 18%. The cryptocurrency market cap dipped almost $500 billion, whereas BTC’s market cap crashed by almost $200 billion. Besides...
Meme Token Economy Suffers After Crypto Market Dip, DOGE and SHIB Market Caps Lose Billions
5.12.2021
The global cryptocurrency market valuation has rebounded a great deal since the initial downturn after 12:00 a.m. EST on December 4, and on Sunday, the crypto economy is down 1.4% during the last 24 hours. Meanwhile the meme token market capitalization today is $47.2 billion down 12.6% during...
Crypto Flash Crash Prompts El Salvador to Buy the Dip — 150 Bitcoins Added to Treasury
4.12.2021
As the crypto market shed billions of dollars, El Salvador bought the dip, taking advantage of the falling price of bitcoin early Saturday morning. With the latest buy, El Salvador has purchased a total of 1,370 bitcoins altogether. According to Salvadoran president Nayib Bukele, the coins were...
Alternative Investments Like Crypto Form Half of Russian Non-Qualified Investors’ Portfolios
2.12.2021
Investments in alternative assets such as cryptocurrencies account for over half of the portfolio of non-qualified Russian investors, a recently held survey has indicated. Almost half of them consider digital currencies like bitcoin as a potential hedge. Cryptocurrencies Outperform Traditional...
Fed Chair Jerome Powell Could ‘Slow Crypto Down’ in His Second Term, Warns Billionaire Mike Novogratz
30.11.2021
Billionaire investor Mike Novogratz has cautioned that Federal Reserve Chairman Jerome Powell could slow down the crypto market in his second term in office. Commenting on his renomination, Novogratz said Powell could “act more like a central banker than a guy that wants to...