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Report: Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether
11.3.2022
The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards from shorting the world’s largest stablecoin is great. Investors...
Bitcoin, Ethereum Technical Analysis: BTC Rallies to 1-Week High Above $42,000
9.3.2022
Following an extended period of bearish pressure, bitcoin’s price surged on Wednesday, as bulls returned to the market. ETH was also higher, climbing to a five-day high in the process. Bitcoin Bitcoin finally broke above its recent price ceiling on hump-day, leading to the world’s...
Anchor Nips at Aave’s Heels as Defi Protocol Becomes Second-Largest Lending Application
8.3.2022
While the decentralized finance (defi) platform Anchor Protocol’s native digital asset ANC has gained more than 180% over the last month, the total value locked (TVL) in Anchor has increased a great deal during that time as well. Anchor Protocol is currently the second-largest defi lending...
Crypto funds register largest weekly inflows since December
7.3.2022
Capital flowed into BTC funds for a seventh consecutive week, while ETH products registered their largest gain in 13 weeks
Bitcoin, Ethereum Technical Analysis: BTC Consolidates, Following Turbulent Weekend of Trading
7.3.2022
Recent declines in the world’s two largest cryptocurrencies eased to start the week, as both seemed to have found their respective floors. Bitcoin consolidated losses during Monday’s session, while ETH continued to trade sideways. Bitcoin Following a drop to a one-week low below...
Bitcoin, Ethereum Technical Analysis: ETH Prepares for Rally, While BTC Seeks Support
6.3.2022
Bitcoin remained under the $40,000 level on Sunday, as bears continued to pressure cryptocurrency markets. This pressure also kept ethereum lower, with the world’s second-largest crypto hovering around its long-term support level. Bitcoin Sunday saw the price of bitcoin (BTC) trade lower...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $40,000 to Start Weekend
5.3.2022
Bitcoin has fallen below $40,000 to start the weekend, as cryptocurrency markets extend recent losses. ETH was also lower on Saturday, falling to its lowest point this week in the process. Bitcoin BTC fell for its fourth consecutive session on Saturday, as the world’s largest cryptocurrency...
Technical Analysis: ANC Captures Friday’s Largest Gains, as WAVES up Nearly 100% in the Last Week
4.3.2022
Anchor protocol and WAVES were some of Friday’s biggest gainers, as crypto markets mainly traded lower at the end of the week. At the time of writing, the global cryptocurrency market cap has dropped over 4%, with GALA and MKR, the day’s biggest decliners. WAVES WAVES extended...
South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine
4.3.2022
Major South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include blocking IP addresses originating from the Russian Federation. Largest Korean Exchange May Deny...
Charles Schwab Files for ‘Crypto Economy ETF’ With SEC
4.3.2022
Charles Schwab is launching a crypto economy exchange-traded fund (ETF). According to the company’s filing with the U.S. Securities and Exchange Commission (SEC), “Schwab Crypto Economy ETF” will trade on the NYSE Arca. Charles Schwab Registers Crypto Economy ETF With...
LUNA flips Ethereum becoming second largest network for staked value
4.3.2022
Data shows that there are currently 226,325 stakers accounting for $29.5 billion worth of locked up LUNA which has propelled the network into second place for staked value
Terra’s LUNA Passes Ether to Become Second-Largest Staked Asset
2.3.2022
Some $30 billion worth of the tokens are staked by users to earn yields of nearly 7%
Bitcoin, Ethereum Technical Analysis: ETH Over $3,000, BTC Nears $45,000 as Bulls Return
1.3.2022
Ethereum climbed over the $3,000 level on Tuesday, as crypto bulls returned in full force, following weeks of market tension. Bitcoin also rallied, with prices nearing $45,000 and cryptocurrency markets as a whole trading over 14% higher. Bitcoin The world’s largest cryptocurrency was one...
South African exchange raises $50M in Africa’s largest funding round
1.3.2022
The South African crypto exchange plans to expand its operation across more African countries and even into India with the new cash injection from major crypto VCs
AMC Theatres to Accept Dogecoin and Shiba Inu Payments in Coming Weeks, CEO Says
1.3.2022
The CEO of the world’s largest movie exhibition company, AMC Entertainment, has announced that AMC Theatres will accept two meme cryptocurrencies, dogecoin (DOGE) and shiba inu (SHIB), in the coming weeks. Dogecoin and Shiba Inu Payments Coming to AMC Theatres in March The CEO of...
First Mover Asia: The Petroyuan Is No Russia Sanctions Buster; Bitcoin 15% Gain Is Largest in a Year as Investors See Opportunity for Crypto
1.3.2022
Bitcoin, Ethereum Technical Analysis: ETH, BTC Rebound After Weekend Selloff
28.2.2022
Bitcoin and ethereum prices rebounded on Monday, after declining throughout the weekend. As the Russian invasion of Ukraine heightened, crypto traders appeared to take a risk-off approach this weekend, however some bulls seemed to return to start the week. Bitcoin Bitcoin ended two consecutive...
Bitcoin Donations Pour in to Help Ukrainian Military Fight Russia — Over $5 Million in BTC Raised
26.2.2022
Cryptocurrency donations have poured into a nonprofit organization that provides support to Ukrainian soldiers after Russia launched a large-scale attack on Ukraine. More than $5 million in bitcoin has already been raised. Meanwhile, the group’s fundraising page on Patreon has been abruptly...
Russian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to Russia
25.2.2022
With the conflict between Russia and Ukraine, many observers are curious about the large quantity of hashrate located in Russia, as the region reportedly controls the third-largest sum of SHA256 hashpower worldwide. Furthermore, on February 24, the ethereum mining operation Flexpool announced...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Climb for Second Consecutive Session
23.2.2022
Bitcoin was higher for a second consecutive session, as the world’s largest cryptocurrency was pushing towards the $40,000 level. Ethereum also rallied, as it moved away from its three-week low. Bitcoin Bearish pressure seems to have eased in BTC, as bulls were firmly present to start...