UST, one of the stablecoins of the Terra project, has become the largest stablecoin by market capitalization today, after having surpassed its Ethereum-based rival, DAI. UST is now the largest decentralized stablecoin in the market, closing a year of growth for the Terra ecosystem, which is now among the most valuable top ten cryptocurrency projects …
Monthly archives: December 2021
FTX US Partners With Monumental Sports Entertainment, Gets Exposure to 4 New Sports Teams
FTX continues its path toward the sports world as it signed a partnership with Monumental Sports Entertainment (MSE) on Monday. The deal makes it so FTX US will be MSE’s exclusive crypto exchange and non-fungible token partner. FTX and Monumental Sports Entertainment to Collaborate Monumental Sports Entertainment (MSE) announced on December 20, that the organization …
Coinbase Community Analyst Program
Coinbase is delighted to announce the launch of the Community Analyst Program, a.k.a. the CAP Program. This is a new and exciting way for students, professionals and community members who share our core beliefs to contribute to Coinbase’s mission to increase economic freedom. If you are crypto-native, crypto-passionate or insatiably crypto-curious, this is an opportunity to …
Billionaire Ray Dalio Explains Why He Owns Bitcoin And Ethereum
Billionaire Ray Dalio has revealed that he holds bitcoin and ethereum holdings. Various billionaires have also been public about their bitcoin and ethereum holdings. For a lot of these billionaires, the move from cash into cryptocurrencies has been a pertinent one as the former continues to lose its value in the market. Dalio also gave …
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Bitcoin Whale Address Containing $11 Million Activates After 9-Year Dormancy
Another bitcoin wallet containing millions of dollars worth of BTC has come out of dormancy. As time goes on, more and more of these wallets are being reactivated by their owners who have, for one reason or another, not transacted using these wallets for years despite having what is considered life-changing money in them. This …
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Dubai World Trade Centre To Become A Crypto Hub For Regulation
The Dubai World Trade Centre (DWTC) will become a crypto zone and regulator for virtual assets and crypto, comprising digital assets, goods, operators, and exchanges, as part of the Dubai government’s efforts to build new economic sectors. Dubai Likes Crypto The United Arab Emirates (UAE) is becoming one of the world’s most cryptocurrency-friendly jurisdiction, with …
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Crypto Fight Club Completes Successful Seed Round
As play-to-earn games continue to enter the market, one NFT-implemented fighting game is looking to stand out from the rest: Crypto Fight Club. The title has already launched their website, alongside a detailed white paper in recent months. Now, the emerging game has completed an immensely successful seed round, raising nearly $3M from a bevy …
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Sharply Dropping Bitcoin Reserves May Suggest Return To Bullish Trend
On-chain data shows Bitcoin exchange reserves have sharply dropped recently, suggesting a possible return to bullish trend. Bitcoin Exchange Reserves Historical Data May Tell Current Trend Is Bullish As explained by an analyst in a CryptoQuant post, the Bitcoin exchange reserves seem to have sharply fallen in the past couple of weeks. The “all exchanges …
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Bitcoin Replaying Pattern From S&P 500, According to Crypto Analyst Nicholas Merten – Here’s His Target
Closely followed crypto analyst Nicholas Merten says Bitcoin (BTC) could be mirroring a technical price pattern previously displayed in the S&P 500 index. In a new strategy session, Merten tells his 488,000 YouTube subscribers that BTC may be following the same pattern that the S&P 500 went through between 2000 and 2008, but on a …
Crypto Ends 17-Week Streak of Institutional Capital Inflows, According to Digital Asset Manager CoinShares
The crypto industry has ended its weeks-long streak of blue-chip capital inflow amidst a widespread market pullback. According to data from leading digital asset manager CoinShares, the crypto market saw $142 million worth of outflows from institutional investors, the first in 17 weeks. “Digital asset investment products saw outflows totaling $142 million, the first outflow …
Crypto regulation is coming, but Bitcoin traders are still buying the dip
Looking at the Bitcoin chart from a weekly or daily perspective presents a bearish outlook and it’s clear that (BTC) price has been consistently making lower lows since hitting an all-time high at $69,000. Bitcoin/USD on FTX. Source: TradingView Curiously, the Nov. 10 price peak happened right as the United States announced that inflation has …
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Price analysis 12/20: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
Bitcoin (BTC) continues to lose ground in December, a signal that traders may be locking in their gains before the end of the year. The lack of a Santa rally in the U.S. equity markets indicates that the risk-off sentiment prevails due to the uncertainty regarding the spread of the COVID-19 omicron variant in several …
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Ethereum Looks for a Base Near $4,000, YFI, BORA, HBAR Dec. 20
Ethereum has struggled but may look for a rally this week. Defi still dominates with Yearn up 100%. BORA and Hedera also performed well. ETH The Ethereum price was choppy in the last week with lows near $3,650 and highs at $4,100. ETH Price Index The number two coin by market cap has found a …
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Bitcoin Price Prediction: BTC/USD Reclaims $47,000; Any Hope for the Bulls?
Bitcoin Price Prediction – December 20 Looking at the daily chart, the Bitcoin price prediction shows that BTC rebounds above $47,000, despite the pressure from the sellers. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $52,000, $54,000, $56,000 Support Levels: $43,000, $41,000, $39,000 BTCUSD – Daily Chart Buy Bitcoin Now As reveals by …
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VCs invest $30 billion into crypto industry
If crypto investments would be used as a metric to gauge if crypto has finally gone mainstream, then one could argue that 2021 was the year that the industry finally gained acceptance from both investors and the general public. Investors pour $30 billion into the crypto space According to available data from PitchBook, as of …
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