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Bitcoin, Ethereum Technical Analysis: ETH Down 14% This Week


Following a volatile week of trading, the uncertainty in cryptocurrency markets continued on Friday. Overall, the global crypto market cap was almost 2% lower during the session. Bitcoin Thursday’s volatility extended into today’s session, with bitcoin prices continuing to consolidate...

Bitcoin to Hit USD 93K This Year, According to Less Optimistic Survey


  Bitcoin (BTC) could rise to a high of USD 93,000 or more this year, and close to USD 193,000 by the end of 2025, a panel of industry players gathered by comparison website Finder predicted. However, they were less optimistic than in October. By averaging out responses from the panelists, Finder...

Whales Make Up More Than Half of Stablecoin Volume, Tether Losing Dominance


  Stablecoin “whale wallets” containing more than USD 1m controlled the lion’s share of stablecoin volume in 2021, despite the once-dominant Tether (USDT) increasingly being challenged by other stablecoins, according to on-chain analytics firm Nansen.... Read More: Whales Make Up More Than Half...

‘Romantically Involved’ USD 3.8m XRP Thieves Sent to Prison for 7 Years


  A couple who stole over some USD 3.76m worth of XRP tokens from a crypto investor in 2017 have been handed seven-year jail sentences after an appeals court in South Korea ruled that the duo should spend the best part of a decade behind bars.... Read More: ‘Romantically Involved’ USD 3.8m...

Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Month Low


The selloff in cryptocurrencies continued to start the week, with bitcoin falling to its lowest level since July. Ethereum was also trading in the red, hitting multi-month lows in the process. This comes as the overall global market cap in cryptos was down close to 9% at the time of writing....

Binance Leads $5.5M Seed Round for Heroes of Mavia


Binance recently assisted Heroes of Mavia by leading a 5.5 million dollars seed round. The gaming venture will use the funds to enhance its game development, attract fresh talent, and promote the community. Heroes of Mavia aims to revolutionize the NFT gaming landscape with its gameplay, mechanics...

The Graph Raises $50M in Funding Round


The Graph enables the indexing of data on the blockchain. It is a subgraph-based technology that makes the data accessible for developers. Its open-source API, short for Application Programming Interface, allows different applications to communicate with each other in an ecosystem. The Graph...

Bitcoin Dives Below USD 39K, Ethereum Breaks 2.9K, Altcoins in Red


  Bitcoin price tried to clear the USD 43,500 resistance zone. However, BTC struggled to gain pace and started a decline below USD 41,200. There was a break below USD 40,000 and the price is currently (04:18 UTC) consolidating losses near USD 38,700. Similarly, most major altcoins declined...

Andreessen Horowitz Eyes USD 4.5B For New Crypto Funds


  As another sign of venture capital money increasingly fueling the cryptosphere’s disruption of legacy finance, US venture capital firm Andreessen Horowitz (a16z) has unveiled plans to raise up to USD 4.5bn to launch new crypto-focused funds -- potentially more than doubling the amount it raised...

New Investors and $400 Million Funding in Secret Network


Shockwave was recently revealed by Secret Network. It is a growth-oriented initiative that is aimed to strengthen the grounds of Secret Network as a pillar and data privacy hub for Web3. Secret Network has now made three announcements under the initiative. The first announcement reveals a list...

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