Institutional tax-loss harvesting weighs on the Bitcoin price as 2021 comes to a close

2021 has been a breakout year for the cryptocurrency market as a whole despite the year-end struggles that have kept the price of Bitcoin (BTC) pinned below $48,000, much to the chagrin of the cadre of folks who had been calling for a $100,000 BTC moonshot.  Data from Cointelegraph Markets Pro and TradingView shows that …

SEC chair has a new senior adviser for crypto

United States Securities and Exchange Commission (SEC) chair Gary Gensler has added a new staff member who will offer advice related to crypto policymaking and interagency work.  In a Thursday announcement, the SEC said Corey Frayer would be joining Gensler’s executive staff as a senior adviser on the agency’s oversight of cryptocurrencies. Frayer has worked …

Kevin O’Leary says his crypto holdings could reach 20% of portfolio

Shark Tank celebrity Kevin O’Leary, also known as “Mr. Wonderful,” has said he would be ready to increase his crypto allocations up to 20% as soon as there are clearer regulations around stablecoins.  O’Leary, a former Bitcoin (BTC) skeptic, is now a vocal advocate of cryptocurrency, which currently makes up over 10% of his investment …

MetaVisa Optimizes the On-Chain Credit System and Integrates Decentralized Identity Into DAO and GameFi

December 30, 2021 – Hong Kong, China MetaVisa, a layer three middleware protocol, helps users to establish and display reliable on-chain identity and credit records by analyzing on-chain data and makes it easier for DeFi, NFT, GameFi, DAO and more. The company is dedicated to helping other metaverse projects integrate the identity system into those …

The First Vanity Fair NFT Cover Will Soon Go to Auction on APENFT’s Marketplace

December 29, 2021 – Singapore, Singapore APENFT Foundation partners with VALUART to launch the Vanity Fair NFT cover series, which will be on sale in the upcoming APENFT marketplace. The collection includes the first-ever NFT minted by Vanity Fair – the ‘Vanity Queen’ – and four Vanity Fair NFT covers featuring exceptional artworks celebrating the digital art movement …

Crypto Markets To Experience Explosive First-Week-of-the-Year Effect in January: Economist Alex Kruger

Economist and crypto trader Alex Kruger is predicting that cryptocurrencies will revive right at the start of next year. Kruger tells his 105,800 Twitter followers that, for the past four years, Bitcoin (BTC) has enjoyed a “first-week-of-the-year-effect” where it rallied by between seven percent and 36%. “First week of the year effect $BTC returns first …

Frax Share, Swipe and Gnosis lead the altcoin market as Bitcoin recovers to $47.5k

Volatility is once again the major theme across the cryptocurrency market on Dec. 30 as the price of Bitcoin (BTC) bounced back from an early morning dip below $46,000 with bulls now battling bears for control of support near $47,500.  The altcoin market has likewise been a mixed bag of results on Dec. 30, with …

Little forkers: BCH and BSV get crushed by Bitcoin price in 2021

Bitcoin (BTC) looks set to beat its forked versions Bitcoin Cash (BCH) and Bitcoin SV (BSV) in terms of price-performance in 2021, market data shows. Notably, BTC’s year-to-date (YTD) returns sat near 60% at press time as its price wobbled near $47,500. In comparison, BCH rallied a little over 26% to $435.50, while the BSV …

Bitcoin Price Prediction: BTC/USD Stays Above $47,000 Level

Bitcoin Price Prediction – December 30 The Bitcoin price prediction is currently showing that BTC is moving above the resistance level of $47,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $52,000, $54,000, $56,000 Support Levels: $42,000, $40,000, $38,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is slightly in the green after …

SEBI chief asks Indian mutual funds to avoid investing in crypto offerings

The Chairman of the Securities And Exchange Board Of India, Ajay Tyagi, stated that domestic mutual funds should refrain from investing in any crypto-related offerings. Tyagi further stated that unless a regulatory law has been introduced by the government that clarifies the current position of cryptocurrency-related activities in India, mutual funds cannot make such investments …

Gamers have a new way to mine cryptocurrency with their high-powered PCs

Formed in 2017, GamerHash is a well-established project with just under 1 million users and a solid commercial base. In fact, given the commercial premise of the project, it is surprising there are not more copycat companies following their business model. However, it would be hard to catch up now given their early player advantage. …

Crypto community shows lack of empathy for victims of MetaMask token scam

Up to 400 people fell victim to a scam involving the yet-to-be-released MetaMask token, resulting in the loss of hundreds of Ethereum. An exact figure is not known at this time, but estimates range from $1 million to $1.8 million. The victims were fooled into believing they were buying legitimate $MASK tokens. A deeper analysis …

2021’s Digital Asset Shuffle: A Myriad of Crypto Market Cap Positions Moved Chaotically This Year

2021 has been a bullish year for crypto assets. While prices have risen a great deal, the top ten and top twenty rankings in terms of market capitalization have also changed significantly. A great number of coins have either been pushed down or have entered the crypto economy’s top positions in terms of overall market …

Close to $50 Million in Bitcoin From 2011 Moved for the First Time in 10.5 Years

On December 29, two addresses from 2011 containing 500 bitcoin each transferred 1,000 coins for the first time in 10.5 years. Furthermore, another wallet from 2011 woke up on Wednesday, moving 40 bitcoin for the first time in over a decade. 1,040 Bitcoin from 2011 Move for the First Time in 10.5 Years On Wednesday, …

StakeMoon Listed on CoinGecko – Offering Crypto Traders a Unique Token for Profitable Trading

The number of cryptocurrencies available on the market today is overwhelming. While cryptocurrency continues to turn many into millionaires, it has sadly ripped people off their hard-earned money. One of the biggest offerings of the StakeMoon token is that it promises to be an innovative and profitable coin.  Scott Ryder, CEO of StakeMoon, announced that …

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