Major Investors Send Mixed Messages on Ethereum

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 …

Dvision Network Announces Official Start of Its 1st LAND Sale in Cooperation with Binance NFT and NFTb

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 …

Third-Generation Blockchains Will Pick Up the Defi Slack Left by Ethereum

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 …

Ethereum losing its top spot in DeFi leadership

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 …

Ethereum Lower with Bitcoin but Play-to-Earn Grows, CRO, GALA, IMX, Nov. 22

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 …

Total crypto market cap drops by 6.7%, but futures data finds a silver lining

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 …

WEF releases resource suite for CBDCs and stablecoins aimed at regulators and businesses leaders

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 …

Price analysis 11/22: BTC, ETH, BNB, SOL, ADA, XRP, DOT, AVAX, DOGE, SHIB

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 …

Institutional managers bought the dip as crypto funds see $154M in weekly inflows

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 …

Gaming crypto GALA rallies nearly 350% in November — Correction ahead?

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 …

Voyager Token (VGX) is launching on Coinbase

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 …

Voyager Token (VGX) is launching on Coinbase Pro

Starting Today, Wednesday November 17, transfer VGX into your Coinbase Pro account ahead of trading. Support for VGX will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here. Trading will begin on or after 9AM Pacific Time (PT), Thursday November 18, if liquidity conditions are met. One of …

Over $1,200,000,000 Worth of Stablecoins Deposited to Exchanges Amid Crypto Market Pullback: Analytics Firm Santiment

Blockchain analytics firm Santiment says that crypto exchanges saw their largest hourly inflow of stablecoins this year amid the recent correction and consolidation in the markets. The firm tells its 110,000 Twitter followers that this Thursday, crypto exchanges saw a record-breaking avalanche of stablecoins in the form of Tether (USDT) and Circle’s USD Coin (USDC). …

Jack Dorsey’s Square Releases Whitepaper for New Decentralized Bitcoin Exchange

Payments giant Square is detailing its plans to release a new decentralized protocol for exchanging Bitcoin (BTC) and other crypto assets. Square’s new TBD division recently released a whitepaper outlining their plans to create tbDEX, an easily-accessible crypto exchange that aims to bridge users from fiat currencies to digital assets. “The vast majority of people …

Coinbase Voices: Creating her own path in crypto

Veronica Hash, Program Manager for Belonging, Inclusion and Diversity, shares her crypto journey and gives insight into her path at Coinbase Tell us about what you do. What does it mean to be the Program Manager for Belonging, Inclusion and Diversity (BID) at Coinbase? My day to day varies (which I absolutely love), but it always …

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