Bitcoin (BTC) headed toward $40,000 on April 22 after a major retracement in equities speared bulls’ latest advance. Bitcoin sheds $3,000 on U.S. stocks plunge Data from Cointelegraph Markets Pro and TradingView showed BTC/USD being kept firmly under $41,000 Friday after volatility during the latest Wall Street trading session. Thursday had seen United States markets react
Ethereum
Shiba Inu still remains a whale favorite going by the activities of the top Ethereum whales in recent days. These whales seem to be undeterred by the low prices of the meme coin and rather continue to buy the digital asset in the millions. The latest purchase from an Ethereum whale has the community at
The crypto market was mostly in the green territory on Thursday, with Bitcoin recovering all of the previous day’s losses and even surged to a 10-day high beyond the $42,000 level. Bitcoin was trading at $42,484.88, up 3% in the last seven days, data from Coingecko show. Ethereum followed suit with a similar local high,
Some of these NFT collections are so ever-present that they are already part of the collective unconscious. Others, the general public has not even heard about. What makes an NFT collection valuable? Market capitalization is the potential value of the whole collection, based on its size and the value of the individual pieces. In the
Sentiment in the cryptocurrency market is on the upswing after small gains from Bitcoin (BTC) and altcoins hint that the market could be in the process of a bullish breakout. A handful of altcoins are also finding momentum and a round of fresh partnership announcements appear to back the 40% gains seen in select assets
Crypto investors from the United States realized crypto gains nearly six times higher in total than the UK, the second highest country in terms of realized gains. According to a report by Chainalysis, crypto investors in the US accrued a record $46.9 billion in realized gains throughout 2021, leading the rest of the world by
One of the main narratives of hope for cryptocurrency investors is that there will be a major shift in public perception that sparks a new wave of capital from retail and institutional traders. Unfortunately for these hopeful bulls, data indicates that they opposite has occurred for nearly a year, a fact evidenced by the declining rate
MakerDAO, a decentralized autonomous organization serving the popular DeFi lending protocol Maker, has announced an upcoming deployment schedule on the decentralized zero-knowledge (ZK) Ethereum rollup, StarkNet. Expected to become fully operational in the third quarter of this year as identified in the protocol’s roadmap, the integration will seek to enhance the multichain capabilities of their
The native token prices from multiple projects that employ Ethereum Layer 2 scaling solution Optimism have spiked around 20% amid rumors that the network will soon launch a token and airdrop it to the community. Optimism is a Layer 2 scaling solution that utilizes Optimistic rollups to process a high amount of transactions off the
The Ethereum Foundation (EF) has released a report detailing how its $1.6 billion treasury consists mostly of Ether (ETH), but with a surprising 18.8% in non-crypto assets. In total, the EF non-profit organization which manages the funds for Ethereum developments holds about 0.3% of the current total ETH supply, amounting to roughly $1.3 billion which
Everyone knows the Metaverse is coming, but no one knows what it will be like. At present, people say it’s clunky and difficult to use and are waiting for further development. Are brands just jumping on a PR bandwagon in hyperspeed? Is this the future? Is it a place or a time that is coming?
Ethereum’s native token Ether (ETH) has dropped by nearly 20% in the last three weeks, hitting monthly lows near $2,900 on April 19. But despite rebounding above $3,000 since, technicals suggest more downside is possible in the near term, according to a classic bearish pattern. Ethereum price ‘bear flag’ setup activated Dubbed “bear flag,” the
There’s no denying the current narrative about Web3: it’s a boys club. And, if we keep affirming this narrative, it’s bound to come true. The truth of crypto as a boys club won’t just be detrimental to women — it’ll be detrimental to the entire promise and growth of Web3. Web3 is not an exclusive
Blockchain-based play-to-earn (P2E) games stole the show in 2021, exploding from a fringe hobby into a major part of the decentralized space. They even helped people in developing economies put food on the table, as these games’ economic models do not shun things like farming in-game currency and items to re-sell to other players, which many
Cronos has partnered with the blockchain intelligence firm Chainalysis to enable real-time transaction monitoring tools for the Cronos (CRO) token and all CRC-20 tokens running on the Cronos network, according to an announcement shared with Cointelegraph on Wednesday. The new compliance integration aims to enable institutions, cryptocurrency exchanges and digital asset funds to track transactions
The United States Treasury Department Office of Foreign Assets Control Specially Designated Nationals and Blocked Persons (SDN) list was updated Thursday to reflect the possibility that North Korean cyber-criminal Lazarus Group was behind last month’s hack of the Ronin Bridge, in which over 173,600 Ether (ETH) and 25.5 million USD Coin (USDC) was taken, Chainalysis
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