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Bitcoin Drops Below USD 40K, Ether Breaks USD 3K, USD 120M Liquidated
10.1.2022
On Monday, the most popular cryptocurrency, bitcoin (BTC), dropped below the USD 40,000 level for the first time since August 2021, while ethereum (ETH) dived below USD 3,000 for the first time since October.
At 14:36 UTC, BTC trades at USD 39,939 and is down almost 5% in a day, also erasing...
Crypto Market Sentiment Falls, Bitcoin and Ethereum Out of the Positive Zone Again
10.1.2022
Following a slight and short-lasting improvement, the market sentiment dropped once more over the past week. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets stands today at 5.06, while a week ago it stood at 5.16, according to the market sentiment...
Bitcoin and Ethereum Fail to Recover, NEAR and ZEC Turn Green
10.1.2022
Bitcoin price failed to gain strength above the USD 42,500 level. BTC started a fresh decline towards the USD 41,500 level. It is currently (11:30 UTC) showing bearish signs and might extend losses.
Similarly, most major altcoins might start another decline. ETH failed to clear USD 3,200...
LCX Loses USD 8M in a Hot Wallet Hack
10.1.2022
Crypto exchange LCX fell victim to a hack over the weekend that drained it of nearly USD 8m worth of digital assets.
The hacker managed to compromise one of the exchange's hot wallets over the Ethereum (ETH) blockchain, stealing high amounts of ETH, USD coin (USDC), EURe, and SAND...
Arbitrum network suffers minor outage due to hardware failure
10.1.2022
A seven-hour Sequencer outage prevented transactions from being processed for the period, but all is operational again at the time of press
Mai Capital Predicts Tough Year for Crypto — Expects Bitcoin and Ethereum to Do Well Once Regulations Come Into Focus
9.1.2022
Mai Capital Management’s chief equity strategist and regional president, Chris Grisanti, has predicted that this year will be tough for crypto largely due to regulations. However, he expects established cryptocurrencies, such as bitcoin and ether, to “do quite well” once...
Crypto Fear and Greed Index Score Hits 5 Month Low, Analyzed Sentiment Points to ‘Extreme Fear’
9.1.2022
On January 8, 2022, the price of bitcoin dropped to $40,517 per unit just after 1 p.m. (EST) on Saturday afternoon. According to the Crypto Fear & Greed Index (CFGI), sentiment shows “extreme fear” is in the air, and the CFGI score is a 10. The last time the CFGI score was this...
$2.7 Billion in NFT Sales Recorded Last Month — Ethereum, Ronin, Solana Top 3 NFT Networks
8.1.2022
This week Google Trends shows that the acronym NFT, which stands for non-fungible token, has reached a score of 100, the highest score a search query can get from the data analytics aggregator. Meanwhile, statistics indicate that during the last 30 days across ten different blockchains...
Value Locked in Defi Slips 10% in 4 Days, Ethereum TVL Dominates at 58%
8.1.2022
Four days ago, the total value locked (TVL) in decentralized finance (defi) was coasting along at $255.84 billion and since then, the TVL has dropped ​​8.55% in value. During the last 24 hours, the TVL has slid 2.80%, and Curve’s $23 billion locked today represents 9.84%...
Bored Ape Yacht Club is a huge mainstream hit, but is Wall Street ready for NFTs?
8.1.2022
Experts share how Bored Ape Yacht Club's success has changed the NFT landscape for good
JPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues
8.1.2022
A note from JPMorgan states that Ethereum might be at risk of losing defi dominance as a result of its inability to produce effective scaling solutions fast. The note, written by Nikolaos Panigirtzoglou, managing director of global markets strategy at the firm, further stated that other new smart...
Vitalik Buterin gives thumbs down to cross-chain applications
7.1.2022
Ethereum's co-founder cites "fundamental security limits of bridges" as the key reason for his disapproval
Mozilla ‘Pauses the Ability to Donate Crypto’ After Complaints and ‘Environmental Impact’ Considerations
7.1.2022
On December 31, the software community founded in 1998, Mozilla, announced it was accepting crypto-asset donations via Bitpay. However, shortly after the announcement, a number of people complained about the decision the company made. A week later, Mozilla has announced it is backing away from...
Interest in Bitcoin and Ethereum Slides According to Google Trends Data, NFT Queries Skyrocket
7.1.2022
While bitcoin, non-fungible token (NFT) assets, ethereum, and cryptocurrencies had an incredible year in 2021, none of the trends made it into Google’s “Year in Search” review. Currently, interest in bitcoin, in terms of Google searches has dropped considerably since the week...
Top 20 NFT Marketplaces Where You Can Buy & Sell Digital Collectibles
7.1.2022
Non-fungible tokens (NFTs) are (still) booming, with new marketplaces appearing almost every week to meet the growing demand. That can make it tricky for newcomers to know where to safely buy and sell virtual items and crypto art.
Read on to discover a list of 20 leading NFT marketplaces across...
Boba Network Introduces ‘Wagmi’ Options for Developers and Builders
7.1.2022
Boba Network, an L2 (layer 2) expansion layer for Ethereum, has announced the launch of what it calls “Wagmi” options as a way of incentivizing builders and supporters to be invested in the project. The incentive programs will be distributed amongst different projects on the chain...
Bitcoin Fluctuates as US Employment Figures Send Mixed Signals to Fed
7.1.2022
The price of bitcoin (BTC) fell slightly along with US stock market futures in the early hours of the US trading session today after US payroll figures missed their forecast by a relatively wide margin. Shortly after, however, the situation improved, with stocks in the green and BTC largely...
Ethereum Prepares for Deep Plunge; How Low Will ETH Go?
7.1.2022
Though Ethereum is the world’s second-largest cryptocurrency, ETH prices could risk falling more than 20% in upcoming months if selling pressure increases. It is showing a bearish outlook in daily and weekly charts. At the time of writing, the price of Ethereum is around $3233. On the daily...
Bitcoin, Ethereum Could Benefit If Stocks Drop After Fed Tightening – Strategist
7.1.2022
Contrary to popular belief, the two largest cryptocurrencies bitcoin (BTC) and ethereum (ETH) could benefit from a tightening of monetary policy from the US Federal Reserve (Fed), Mike McGlone has argued in a new note.
According to McGlone, who is the Bloomberg Intelligence’s Senior Commodity...
Bitcoin and Ethereum Struggle to Recover, Multiple Small Cap Altcoins in Green
7.1.2022
Bitcoin price failed to recover above USD 43,500 and extended decline. BTC traded below the USD 42,500 support level. It is currently (12:57 UTC) trading near USD 42,300 but is struggling to move higher.
Similarly, most major altcoins are gaining bearish momentum. ETH dived towards USD 3,100...