Despite the fact that the digital currency market has experienced a huge drop in market Cap and lost a substantial amount of pips in their various assets. Yet market investors are on the look for profitable opportunities to invest their money amidst the downhill movement taking place in the market. With rate hike expectations coming […]
Solana (SOL)—now valued at $86—has crashed by more than 16% during the last 24 hours and roughly 40% over the previous week, during what has been a brutal price crash for the broader crypto market. SOL’s current price is now a full 68.3% shy of its all-time high of $259, set on November 6, 2021. […]
After registering losses over the past few days, all top 10 cryptos were lower this morning. The UK100 fell heavily on Friday, reversing earlier gains in the week as it was pulled down by a global sell-off in stocks. US markets plunged last week as investors watched bond yields rise, in particular inflation linked ‘TIPS’ […]
The Central Bank of Iran soon plans to launch the pilot phase of its digital currency project, an official unveiled. The Islamic Republic hopes to a join a growing club of nations that want to take advantage of having a sovereign coin, while it also seeks to implement blockchain technology in other areas. Iran to […]
Meta, formerly Facebook, has new plans to enter the fast-growing non-fungible token (NFT) market, according to the Financial Times. Citing unnamed sources, the FT reported that the social media company is preparing a feature that will let users mint and sell NFTs; Meta and Instagram users would also be able to display their NFT collections […]
The crypto market is more or less flat today, with most top 10 cryptos having registered gains or losses of less than 1%. As inflation continues to rise in the US and other parts of the world, demand for precious metals is increasing. Over the past 24 hours, many stocks relating to gold and silver made notable […]
On Wednesday, the crypto economy of 12,620 coins across 543 exchanges is hovering just above the $2 trillion mark. Ever since the crypto economy’s market slump, bitcoin’s market dominance among all the coins in existence has slowly risen from 37% zone back over the 38% range. Meanwhile, Ethereum’s market dominance has diminished as it has […]
According to a JPMorgan’s analyst, Solana and Tezos have the ability to take on Ethereum’s dominance in the NFT ecosystem. The NFT market is a massive pie that everyone wants a piece of. According to Nikolaos Panigirtzoglou, an analyst at JPMorgan, Ethereum (ETH) was supposedly the dominator in the first phrase. It appears that the […]
Listen To This Episode: In this episode of “The Biz,” April covered a lot ground related to media buying and the spectrum of marketing methods required to grow a Bitcoin business, while Thomas details the importance of monitoring and improving the customer product experience to improve loyalty. Listen to the episode through the links above […]
PlotX, a prediction-based GameFi market ecosystem built on Polygon where users predict the outcome of real-world events to earn rewards every hour, has announced that the project has secured a $5 million pre-Series A funding round and grant-led by Polygon Studios and Hashed. The funding round saw participation from multiple notable investors including Polygon Studios, […]
The decentralized finance (DeFi) sector has taken a beating over the past day, with several blue-chip tokens suffering significant losses. UNI, the governance token of decentralized exchange (DEX) Uniswap is down 11.8%, slipping to an intraday low of $15.29, according to CoinGecko. The token lost 16% of its value in the past two weeks and […]
Industry chatter suggests that major Korean exchange Bithumb is developing its own NFT marketplace under a partnership with LG subsidiary, LG CNS. Bithumb, a global cryptocurrency exchange with its headquarters in South Korea, announced today that its NFT marketplace is currently in the early stages of development. The launch is scheduled for 2022, but the […]
All top 20 cryptos except Terra at #9 were down over the past 24 hours. Oil gushed past $86 late Tuesday night, its highest price since 2014, with a slew of geopolitical events contributing to tighter supplies. An oil pipeline from Iraq to Turkey exploded, halting oil flow. Terrorists attacked oil storage facilities and fuel […]
Anatoly Aksakov, head of the Financial Market Committee at the Russian parliament, has reiterated a warning for cryptocurrency investors and insisted that Russians owning coins should declare their digital assets. The parliamentarian also urged for the comprehensive regulation of crypto mining and taxation. Aksakov Warns Russian Crypto Investors They Can Lose Everything Russians have put […]
Crypto asset manager Hashdex today announced that it has received approval to launch what the company is describing as the “world’s first” DeFi ETF. Developed in collaboration with cryptocurrency index provider CF Benchmarks, Hashdex’s new CF DeFi Index ETF—which will trade under the ticker DEFI11—will track the price of the CF Benchmark’s DeFi Modified Composite […]
VeChain has been responding to the occurrences across the broader cryptocurrency market. A recovery in Bitcoin and Ethereum has resulted in slight gains among other tokens, and VeChain has not been left behind in this price recovery. Despite the token making these gains, it has still recorded a dip on a weekly and monthly basis. […]
The top meme tokens by market capitalization have increased in value by 4.4% in the last 24 hours according to statistics. Dogecoin had a good week jumping more than 20% during the last seven days. However, 14 meme tokens surpassed dogecoin’s weekly jump as a few tokens have seen triple-digit spikes over the last week. […]
The crypto market was mostly lower over the past 24 hours. Major investment bank JPMorgan Chase reports its Q4 results today, alongside Citigroup and Wells Fargo, as financial firm stocks rise on the back of heightened interest rate rise expectations. Tech stocks sent US indices lower again yesterday with the NASDAQ100 falling 2.57% to its lowest level since October 2021. Top cryptos Bitcoin, which […]
Coinbase is acquiring FairX, a CFTC-regulated derivatives exchange The acquisition is a key stepping stone on Coinbase’s path to offer crypto derivatives to retail and institutional customers in the US This is an important step toward Coinbase ultimately making the derivatives market accessible to our millions of customers through an industry-leading, simplified user experience Coinbase […]
A new non-fungible token (NFT) marketplace called Looksrare has surpassed Opensea in terms of daily volume on Wednesday. Statistics show 3,264 Looksrare traders have executed $385.39 million in sales during the last day, as the marketplace has seen a 1,461% increase in daily volume. Looksrare NFT Market Captures Number 1 Position in Terms of Daily […]
For roughly a decade, Bitcoin and other cryptocurrencies were treated as hedges against other types of assets, such as stocks. But post-COVID, the prices of crypto assets are increasingly mirroring equities as more people add risk assets to their portfolio. That could signal trouble ahead, say three officials with the International Monetary Fund (IMF), the […]
