The total combined value of treasuries, or assets under management (AUM) for the use of decentralized autonomous organizations, increased by around 40 times between January and September of 2021. According to data from DAO stats platform DeepDAO, the total AUM for DAO treasuries listed on the platform increased from around $380 million in January to …
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NFT marketplace OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) after they were reportedly stolen yesterday from a New York art gallery operator. In total, one Clonex, seven Mutant Ape Yacht Club, and eight Bored Ape Yacht Club NFTs currently valued at about 615 ETH ($2.28 million) were stolen and are …
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The host of popular crypto channel Coin Bureau says Chainlink (LINK) price action is still moving upwards despite a bumpy past few months. In a new video, pseudonymous Coin Bureau host Guy tells his 1.81 million subscribers that LINK was a hot altcoin early in 2021 but has cooled off in the latter half of the year. …
On-chain analyst Will Clemente is revealing the level around which the price of Bitcoin (BTC) is likely to cluster. Clemente first tells his 493,900 Twitter followers that a Bitcoin price of between $45,000 to $40,000 qualifies as a “local value zone” under the prevailing market conditions. “… Personally, I see mid-low 40s as a local …
Crypto exchange titan Crypto.com (CRO) is adding support for two decentralized finance (DeFi) altcoins as the digital assets market experiences a widespread pullback. According to a company blog post, the Singapore-based exchange platform says it will be listing Convex Finance (CVX), an Ethereum-based protocol built on top of stablecoin exchange Curve Finance (CRV) and Trader Joe …
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From a price perspective, the cryptocurrency market is ending 2021 with a whimper as Bitcoin (BTC), Ether (ETH) and other digital assets continue to trade well below their prior peaks. But the business of blockchain and crypto is heating up, as evidenced by the arrival of institutional capital and the flood of venture funding into …
Continue reading “Crypto Biz: The blockchain revolution will cast aside the skeptics, Dec. 23-30”
IT-services company MicroStrategy continues its strategy to add bitcoin (BTC) to its balance sheet. With just hours left of the year, the company CEO Michael Saylor announced on Twitter yet another purchase of the leading cryptocurrency by market cap. This time, MicroStrategy purchased 1,914 BTC during the period between December 9th and December 29th for …
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In the hot debates in the crypto space, one of the talking points that Bitcoiners love to throw at Ethereans is that it’s difficult, if not impossible, to calculate the exact total supply of ether (ETH) in the market, especially compared to how relatively easy it is to calculate the total supply of bitcoin. This …
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Nasdaq-listed Microstrategy has bought more bitcoin for its corporate treasury. The latest purchase for 1,914 coins has raised the company’s total cryptocurrency holdings to 124,391 bitcoins. CEO Michael Saylor recently said that he expects the price of the cryptocurrency to eventually reach $6 million. Microstrategy Has Purchased More Bitcoin The pro-bitcoin Nasdaq-listed company Microstrategy has …
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This week the stablecoin giant tether reached a market capitalization of roughly $78.2 billion according to data. Over the last 30 days, tether’s market valuation grew by 5.6% and the stablecoin now represents 46% of the $168.3 billion stablecoin economy. Tether Market Cap is Less Than $2 Billion Away From Reaching $80 Billion On December …
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Authorities in Pakistan have reportedly moved to seize hundreds of bank accounts and cards belonging to cryptocurrency traders. According to local media, they have been allegedly used to make transactions worth close to $300,000 through digital asset exchanges, including major platforms. Pakistan Government Blocks Cards Used to Buy Cryptocurrency, Media Reveals Bank accounts in the …
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Popular crypto trader Capo is still optimistic about the short-term future of Bitcoin (BTC) while foreseeing an inevitable altcoin rally. The analyst tells his 227,400 Twitter followers that the first quarter of 2022 “should be bullish” for the top crypto asset by market cap. “Still above the key support ($40k-42k) and the new bullish trend …
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Closely followed crypto analyst Nicholas Merten says that Bitcoin (BTC) could fail its next support level test before soaring to new heights. In a new strategy session, the host of DataDash tells his 489,000 YouTube subscribers that even though the short-term outlook of Bitcoin may appear strong to some, they should expect BTC to dip …
Billionaire investor Chamath Palihapitiya says that the old guard of the traditional payments system is likely to be dethroned by emerging blockchain and decentralized finance (DeFi) technologies. In a new discussion on the All-In Podcast, the CEO of venture capital firm Social Capital tells the YouTube channel’s 134,000 subscribers that he plans to bet against …
Arcane Research is giving traders a glimpse of what could happen to Ethereum (ETH) and the meme coins in the coming year. In The Weekly Update report, the crypto intelligence firm predicts that ETH will do better than Bitcoin (BTC) in price performance, but also that its market capitalization will continue to lag behind Bitcoin’s. …
