Bitcoin’s latest sideways movement caused a stir in the crypto market, with traders pointing fingers to a variety of different factors as the main catalysts for the slump. However, digging a little deeper shows that most of the usual suspects had little chance of causing BTC’s drop to $55,000. Instead, analysts believe that the world’s …
Continue reading “Bitcoin’s latest slump is just a ‘natural breather,’ Genesis strategist says”
The U.S. Securities and Exchange Commission, or SEC, announced Nov 24 the title of the upcoming crypto panel for its Dec 2 Investor Advisory Meeting will be “Helping to Ensure Investor Protection and Market Integrity in the Face of New Technologies”. Previously on Nov 15, the Commission announced the meeting would be open to the …
Continue reading “SEC open meeting on Dec 2 to include crypto panel discussion”
Investment funds from major U.S. investment bank Morgan Stanley have increased their exposure to Bitcoin through purchases of shares of Grayscale Bitcoin Trust. According to filings from the United States Securities and Exchange Commission on Tuesday, the Morgan Stanley Insight Fund increased its holdings of Grayscale Bitcoin Trust, or GBTC, shares more than 63%, from …
Continue reading “Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares”
Fidelity Charitable, the largest grantmaker in the US under the Fidelity Investments banner, has reportedly accepted approximately $270 million via crypto donations since the beginning of 2021, it said in a release. Founded in 1991, Fidelity Investments Charitable Gift Fund (Fidelity Charitable) is the largest public charity in the United States that holds assets worth …
Continue reading “Fidelity received $270 million in Bitcoin, Ethereum donations this year”
A play-to-earn (P2E) blockchain gaming guild has raised $18 million in a Series A financing round according to an announcement on Wednesday. Avocado Guild detailed that the firm raised the funds from investors such as Animoca Brands, Goldentree Asset Management, Three Arrows Capital, and Solana Ventures. P2E Organization Avocado Guild Raises $18 Million From Strategic …
A play-to-earn (P2E) blockchain gaming guild has raised $18 million in a Series A financing round according to an announcement on Wednesday. Avocado Guild detailed that the firm raised the funds from investors such as Animoca Brands, Goldentree Asset Management, Three Arrows Capital, and Solana Ventures. P2E Organization Avocado Guild Raises $18 Million From Strategic …
In a Twitter post published Wednesday, blockchain research firm CryptoRank revealed that over 1 million Ether (ETH) (worth $4.24 billion) had been burned since the introduction of the EIP-1559 protocol in August as part of the London hard fork. The EIP-1559 protocol reformed the Ethereum fee market, modifying the limit for gas fees and introducing …
Speculation has been going on in the crypto community as to whether the $69k Bitcoin top was the peak of this bull run. Here’s a comparison between some indicators to see how this top compares with the $65k April peak. Comparing the Metrics Between The Nov 10th And April 14th Peaks As per the latest …
Continue reading “Twin Peaks: Comparing The Two 2021 Bitcoin Tops”
111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion worth of ethereum using today’s exchange rates. …
Continue reading “Ethereum Has Burned More Than a Million ETH Over the Last 3 Months”
India has reportedly been set to ban all but a few private cryptocurrencies. What does it mean, and what could lie ahead? Throughout the history of cryptocurrency, many countries have attempted to ban and limit access to coins and digital wallets. Some have had success for a small window of time, only to see it …
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111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion worth of ethereum using today’s exchange rates. …
Continue reading “Ethereum Has Burned More Than a Million ETH Over the Last 3 Months”
Bitcoin (BTC) and most major altcoins continue to be pinned below their respective overhead resistances, indicating that bears are selling on rallies. According to Ki Young Ju, CEO of on-chain analytics firm CryptoQuant, “whales are depositing Bitcoin to exchanges.” Curiously, the outflows from the exchanges have also continued and due to this, the reserves are …
Continue reading “Price analysis 11/24: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, CRO”
Despite all the success from earlier this year and the fact that it inspired the entire memecoin market, Dogecoin still did not impress Ripple CEO, Brad Garlinghouse. Garlinghouse warned all those tracking the meme coin, saying that he is actually not convinced that DOGE is good for the crypto market. His comments about DOGE came …
Continue reading “Ripple CEO bashes DOGE, says it is not good for the crypto market”
Cardano (ADA) is set to debut on top cryptocurrency exchange Bitstamp. The altcoin has not had a good run of it lately but things seem to be looking up for the project. After smart contract capability had been deployed on the network, expectations had swelled for the possible growth of the digital asset. Now, while …
Continue reading “Cardano (ADA) Set To Begin Trading On Bitstamp On Wednesday”
Some of the biggest gaming companies have taken notice of NFTs. Here’s what they’ve said on the matter. Non-fungible tokens, or NFTs, have attracted plenty of attention in recent months. These digital collectibles have great potential in video games, as they can be used to handle ownership of in-game items, costumes, and other assets. Though …
Continue reading “Video Games and NFTs: Which Companies Will Embrace Crypto Collectibles?”
