Crypto Giant Grayscale Details Top Altcoins Held by Institutional Investors As 2022 Begins

The world’s largest digital asset manager is offering a look at which crypto assets institutional investors are most interested in. Grayscale just detailed a complete breakdown of its crypto assets under management (AUM), which amounts to a staggering $40+ billion. The vast majority of Grayscale’s holdings are in the Bitcoin (BTC) Trust, which accounts for …

Bitcoin (BTC) Flashing Mixed Metrics As Its Price Stays Stagnant: Santiment

Crypto analytics firm Santiment says that a recent spike in the number of daily active Bitcoin (BTC) addresses indicates BTC’s price might be about to swing to the upside. The market insights agency tells its 120,700 Twitter followers that Bitcoin activity has picked up after nearly a month of sluggish data. “With Bitcoin continuing its …

Trading Giant Robinhood Rolls Out Timeline for Next Phase of Its Crypto Wallets Feature

American financial services titan Robinhood is moving on to the next phase of its crypto wallet launch. According to a new blog post, the trading company plans to roll out the beta phase for its “Wen Wallets” program in mid-January which will open up the crypto wallets to thousands of customers from Robinhood’s waitlist. Robinhood …

Veteran Trader Tone Vays Says It’s ‘Impossible’ To Be Bearish on Bitcoin – Here’s Why

Seasoned crypto analyst Tone Vays says that Bitcoin (BTC) flipping bearish in its current scenario would be paradoxical. In a new strategy session, the veteran trader tells his 118,000 subscribers that the events that would have to take place for him to turn bearish on the king crypto would actually end up making him bullish. …

Bitcoin price reverses gains on New Year’s Eve; hodlers continue stacking sats

Bitcoin (BTC) and the broader cryptocurrency market turned lower later in the day on Dec. 31, erasing intraday gains to cap off a highly successful year on a weaker note.  Market Update BTC price fell below $46,000 on Dec. 31 and was last seen hovering below that level, according to data from Cointelegraph Markets Pro …

Cointelegraph Consulting: Crypto events of 2021 in retrospect

The year 2021 is coming to a close, and if there’s one way to describe how the cryptocurrency industry fared in the past 12 months, it would be momentous growth.  Major cryptocurrencies shattered previous records, adoption grew, new sectors sprouted and novel blockchain use cases made significant breakthroughs. The Market Insight’s latest edition recalls the …

Bitcoin Price Prediction: BTC/USD Breakdown Below $45,000 Looms

Bitcoin Price Prediction – December 31 The Bitcoin price prediction is struggling to recover above $47,000 as the coin remains at a risk of a larger breakdown below the $45,000 support. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $52,000, $50,000, $48,000 Support Levels: $42,000, $40,000, $38,000 BTCUSD – Daily Chart Buy Bitcoin …

Ariane Capital Notes Stellar Crypto Investment Fund Performance Despite 2021’s Bearish Periods

December 31, 2021 – Geneva, Switzerland Ariane Capital notes strong growth throughout 2021, paving the way for bigger and better things in 2022 and beyond. Navigating the crypto waters at an early stage allowed the team to build up years of expertise and remain ahead of the market. As a result, its products have proven very …

MicroStrategy Gobbles Up Another $94,200,000 Worth of Bitcoin As Crypto Markets Move Sideways

MicroStrategy is placing yet another bet on Bitcoin (BTC) even as the leading cryptocurrency continues an apparent market downtrend. MicroStrategy chief executive Michael Saylor tells his 2 million Twitter followers that the enterprise analytics firm purchased another 1,914 Bitcoin for approximately $94.2 million in cash at an average price of about $49,229 per BTC. That …

NFTs find true utility with the advent of the Metaverse in 2021

The growth of NFTs has shot to the next level in terms of popularity and finding acceptance from the crypto community and the mainstream alike. Nonfungible tokens (NFTs) that were initially thought to be a bubble are now expanding their coverage across the cryptoverse. According to a report by DappRadar, the NFT market has had …

Estonia’s new AML laws set to clamp down on crypto industry

Beginning in February, Estonia is set to introduce sweeping changes to its definition of Virtual Asset Service Providers, or VASPs, to include several cryptocurrency-related services — a move that could impact Bitcoin (BTC) ownership in the country — according to European compliance specialist Sumsub. On Sept. 21, the Estonian Ministry of Finance published a draft …

Airdrop culture could pose integral threat to DeFi industry

EtherWrapped, a project designed to provide a yearly summary of users nonfungible token (NFT) activity, launched a little over eight hours ago to palpable fanfare within the crypto community. The website detailed a plan to airdrop YEAR tokens based upon quantitative engagement statistics in users’ MetaMask wallet, or in simpler terms, their number of transactions, volume …

Bitcoin Price Prediction: BTC/USD Moves Above $48,000 Level

Bitcoin Price Prediction – December 31 The Bitcoin price prediction rises for another bullish day as the technical indicator continues to move above 40-level. BTC/USD Long-term Trend: Bearish (Weekly Chart) Key levels: Resistance Levels: $52,000, $54,000, $56,000 Support Levels: $44,000, $42,000, $40,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is seen pushing the market …

How Cronos gained $1 billion+ TVL in a month

Cronos is a new chain whose TVL reached $1.5 billion on December 13th, just one month since its Nov. 8 mainnet beta launch.  Cronos isn’t any new crypto project—it’s Crypto.com’s solution to provide decentralized applications to its 10 million users and beyond, substantially growing the DeFi and DApp ecosystem.  Built on the Cosmos SDK, developers …

$2.2M Worth of Bored Ape Yacht Club NFTs Stolen — Victim Says Incident Was ‘Arguably the Worst Night’ of His Life

According to reports, roughly $2.2 million worth of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) non-fungible tokens (NFTs) were stolen from a collector. The owner of the NFTs Todd Kramer said the incident was “arguably the worst night” of his life. Furthermore, there’s claims that the NFT marketplace Opensea froze the …

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