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Defi More Scalable Than Traditional Finance, New Study Says
22.12.2022
Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak of $180 billion in Dec. 2021...
2022’s Market Review: Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse
21.12.2022
2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it has lost more than 63% in value year-to-date, while the second leading crypto asset ethereum shed...
Biggest Movers: ETC Moves Away From Multi-Month Lows, as XMR Extends Recent Gains
21.12.2022
Ethereum classic rallied for a second straight session on Wednesday, following better-than-expected U.S. consumer confidence data. The figures showed that confidence among American consumers rose to the highest level in eight months, with a reading of 108.3. Monero was also higher on the news,...
Bitcoin, Ethereum Technical Analysis: BTC Briefly Above $17,000 Ahead of US Consumer Confidence Report
21.12.2022
Bitcoin was briefly trading above $17,000 on Wednesday, as markets prepared for the release of the upcoming U.S. consumer confidence report. Today’s figure is expected to come in at a reading of 101.00 for December, which is higher than last month’s number of 100.2. Ethereum was also...
Bitcoin price fails to retake $17K with market ‘not prepared’ for dip
21.12.2022
Bitcoin remains stable, but that will not last long, BTC price analysis agrees
Ethereum Price Prediction as Bloomberg Analyst Expects ETH to Outperform BTC in the Next Bull Market – Time to Buy?
21.12.2022
The ethereum price has risen by 0.5% in the last 24 hours, slightly exceeding the wider cryptocurrency market's increase over the same period. At $1,215.91, its current price represents a 7.5% drop in a week and 6% gain in a month, with these movements coming at a time of ongoing instability...
4th Quarter Market Outlook: The CoinDesk Digitization Index (DTZ)
20.12.2022
Digitization protocols making up the DTZ lost a combined 24% over the period
4th Quarter Market Outlook: The CoinDesk Culture & Entertainment Index (CNE)
20.12.2022
Among the constituent indexes making up our main market measure (CMIX), the CNE performed worst, losing 35% over the period
4th Quarter Market Outlook: The CoinDesk Computing Index (CPU)
20.12.2022
Computing protocols in the index lost a combined 21% over the period, with Mask Network the best performer and JasmyCoin the worst
4th Quarter Market Outlook: The CoinDesk DeFi Index (DCF)
20.12.2022
4th Quarter Market Outlook: The CoinDesk Smart Contract Platform Index (SMT)
20.12.2022
4th Quarter Market Outlook: The CoinDesk Currency Index, Excluding Stablecoins
20.12.2022
CoinDesk Market Outlook: 4Q Crypto Gloom Spills Into 2023
20.12.2022
A comprehensive fourth-quarter review and outlook of crypto markets, based on the CoinDesk Market Ex Stablecoins Index (CMIX) and sector indices
FTT Breaks $1 Support for the First Time Since FTX Collapsed, Token Struggles With Dwindling Trade Volume
20.12.2022
Despite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per unit region after Nov. 12, 2022. For 38 days FTT remained above the $1 per unit area up until Dec. 19, as the token suddenly...
Coinbase’s Slump to All-Time Low Sends Market Cap Below Dogecoin
20.12.2022
The crypto exchange has dipped another 17% over the past 30 days, bringing its year-to-date plunge to more than 85%
Biggest Movers: LTC Snaps Extended Bear Run, as LINK Hits 4-Day High
20.12.2022
Litecoin snapped a recent bear run on Tuesday, as cryptocurrency prices moved marginally higher. The token was up by nearly 3% in today’s session, ending a six-day losing streak in the process. Chainlink was also in the green, as it rebounded from a key support point. Litecoin (LTC) Litecoin...
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets
20.12.2022
Ethereum rose back above the $1,200 level on Tuesday, as the dollar rebounded following the latest Bank of Japan (BOJ) policy decision. The bank adjusted its yield curve control, which increased its cap on the 10-year government bond, allowing moves of up to 50 basis points (bps), up from 25 bps....
Boris Johnson’s Brother Quits Binance Unit Advisory Role Amid 'Finance Transparency Concerns' and Market Turmoil – Here’s What Happened
20.12.2022
Jo Johnson, brother of former British Prime Minister Boris Johnson, resigned from the UK advisory board of Bifinity, a unit of the major crypto exchange Binance.
Binance itself reportedly announced Johnson's departure from the payments technology company on Monday. According to The Telegraph, in...
Bank Holdups and Protests Continue to Rise in Lebanon as Depositors Demand Their Own Savings
20.12.2022
On Dec. 17, reports detail that residents in Lebanon have been staging sit-ins and protests at banks in order to access their own savings accounts. Since the economic collapse in 2019, Lebanon’s banks froze Lebanese bank accounts, and a number of branches have remained closed indefinitely....
Commodity Analyst Mike McGlone Suggests ‘Bitcoin Appears Poised to Resume Its Inclination to Outperform’
19.12.2022
Bloomberg Intelligence senior commodity analyst, Mike McGlone, believes a “warm spell” is coming in terms of bitcoin markets as the market strategist detailed on Monday that “bitcoin appears poised to resume its inclination to outperform.” McGlone’s comments...