Bitcoin (BTC) continues to be pinned down below $60,000, indicating that higher levels are attracting selling from traders. The S&P 500 made a new all-time high on Nov. 22 due to reports that United States President Joe Biden had renominated Jerome Powell to serve a second term as the Federal Reserve chair. This news also boosted …
Continue reading “Price analysis 11/22: BTC, ETH, BNB, SOL, ADA, XRP, DOT, AVAX, DOGE, SHIB”
Institutional investors were unfazed by the recent correction in the cryptocurrency markets, as digital asset funds dedicated to Bitcoin (BTC) and Ether (ETH) continued to grow, according to data from CoinShares. Crypto investment products, which include exchange-traded funds (ETFs), saw weekly inflows totaling $154 million for the week ending Nov. 20, according to CoinShares’ latest …
Continue reading “Institutional managers bought the dip as crypto funds see $154M in weekly inflows”
Shiba Inu and Dogecoin have made notable gains this year. The two meme coins currently rank as top cryptocurrencies in the market and are also listed on leading exchange platforms. The gains made by the two meme coins seem to have attracted the attention of American investors after they emerged to be the two most …
Continue reading “Dogecoin and Shiba Inu enjoy increased popularity in the US”
Bitcoin has chosen violence. The first crypto by market cap trades at $57,873 with a 3% loss in the daily and an 11.2% loss in the weekly chart. BTC on a downtrend in the daily chart. Source: BTCUSD Tradingview After making a push close to $60,000 Bitcoin was rejected and has trended to the downside …
Continue reading “This Bitcoin Metric Hints At Bottom, Is BTC Out The Woods?”
Zhu Su, CEO and founder of hedge fund Three Arrows Capital (3AC), came down on Ethereum on November 22. The CEO emphasized factors that make Ethereum offputting not only to new participants but also to crypto enthusiasts. Yes I have abandoned Ethereum despite supporting it in the past. Yes Ethereum has abandoned its users despite …
Continue reading “Major Investors Send Mixed Messages on Ethereum”
Dvision Network has announced that it will start offering the LAND NFTs in its metaverse, which represents the digital estate ownership in Dvision World. The anticipated launch of the first Meta-Cities will see lots sold in both New York and Seoul as part of a 10-part launch that is scheduled to take place over two …
With the ETH 2.0 upgrade still months, if not years, from a full launch, third-generation blockchain protocols are quickly racing up to dethrone Ethereum as the “go-to” hub for dapps and defi. Blockchain Metamorphosis to Catalyze Future Defi Growth Although many people may only be discovering it recently, blockchain technology has been around long enough …
Continue reading “Third-Generation Blockchains Will Pick Up the Defi Slack Left by Ethereum”
Ethereum is currently the blockchain leader in the decentralized finance (DeFi) sector. According to DeFi Llama, the total value locked on the Ethereum network sits at around $170.78 billion, significantly higher than the other networks. However, experts have stated that ETH might soon lose its top position because of the network’s problems. These issues include …
Continue reading “Ethereum losing its top spot in DeFi leadership”
Ethereum was lower by 9% on the week as BTC weakness persists. CRO benefits from Staples Center naming rights deal. Play-to-earn dominates. ETH Ethereum was 9% lower on the week as continued weakness in Bitcoin dragged the overall market lower. The price of ETH is trading between support and resistance levels that mark the May …
Continue reading “Ethereum Lower with Bitcoin but Play-to-Earn Grows, CRO, GALA, IMX, Nov. 22”
Looking at the past 7-days of winners and losers might give one the impression that cryptocurrency markets are net positive. Still, total market capitalization actually fell by 6.7% to $2.72 trillion as Bitcoin’s (BTC) price retraced 8.3% to $58,425. Top winners and losers from the sector’s top 80 coins. Source: Nomics The only connection between …
Continue reading “Total crypto market cap drops by 6.7%, but futures data finds a silver lining”
The World Economic Forum, or WEF, has published a resource suite aimed at informing lawmakers and individuals in the private sector about digital assets including central bank digital currencies and stablecoins. On Friday, the WEF announced its Digital Currency Governance Consortium White Paper Series, a resource suite created by 85 organizations from 40 countries around …
Bitcoin (BTC) continues to be pinned down below $60,000, indicating that higher levels are attracting selling from traders. The S&P 500 made a new all-time high on Nov. 22 due to reports that United States President Joe Biden had renominated Jerome Powell to serve a second term as the Federal Reserve chair. This news also boosted …
Continue reading “Price analysis 11/22: BTC, ETH, BNB, SOL, ADA, XRP, DOT, AVAX, DOGE, SHIB”
Institutional investors were unfazed by the recent correction in the cryptocurrency markets, as digital asset funds dedicated to Bitcoin (BTC) and Ether (ETH) continued to grow, according to data from CoinShares. Crypto investment products, which include exchange-traded funds (ETFs), saw weekly inflows totaling $154 million for the week ending Nov. 20, according to CoinShares’ latest …
Continue reading “Institutional managers bought the dip as crypto funds see $154M in weekly inflows”
Gala Games’ in-house currency GALA rallied by nearly 350% in November, ignoring corrections across the top cryptocurrencies, including Bitcoin (BTC). Notably, GALA price surged from $0.088 to $0.42 between Nov. 1 and Nov. 22. GALA/USD four-hour price chart. Source: TradingView GALA’s gains came primarily in the wake of a price rally across a majority of gaming …
Continue reading “Gaming crypto GALA rallies nearly 350% in November — Correction ahead?”
Starting today, Voyager Token (VGX) is available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store VGX in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Trading for these assets is also supported on Coinbase Pro. Voyager Token (VGX) is an Ethereum …
Continue reading “Voyager Token (VGX) is launching on Coinbase”
