Tezos (XTX) has had a tough few months, but things are looking up for this blockchain cat patent-pending coin. Unfortunately, after slumping to an all-time low at the start of January and then climbing back up over 80% by early February – it seems like there’s not much more room left in its recovery. The …
Continue reading “Tezos Price Prediction: XTZ Up Nearly 80% From January Lows”
Data shows the Bitcoin correlation with S&P 500, and hence the stock market, has now set a new all-time high (ATH). Bitcoin Correlation With S&P 500 Reaches New High As pointed out by an analyst in a CryptoQuant post, the BTC correlation with the stock market is currently at an all-time high, further damaging the …
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VeChain has been trading in the green during the last day as the crypto market shows signs of a potential recovery. The cryptocurrency could be benefiting from positive developments around its most recent partnerships. Related Reading | VeChain (VET) Sends Bearish Signals? Analyst Points Key Levels At the time of writing VET records a 7% …
Continue reading “VeChain Records 7% Profits And It Could Outperform ETH, Here’s Why”
Crypto market sentiment has taken a dramatic turn in light of events taking place in the space. The Fear & Greed Index which tracks sentiment across a number of metrics and puts the data into four categories has shown that investor sentiment has taken another nosedive. This time, plunging the market back into the extreme …
Continue reading “Fear Returns With A Vengeance Following $400B Crypto Market Crash”
Short term social media data suggests that traders aren’t calling for buying the Bitcoin (BTC) dip right now… but the long term picture is much brighter, with separate research showing that 77% of family offices in the U.S. are either looking at, or have invested in crypto. The BTFD data was compiled from posts mentioning …
Continue reading “Few calls to ‘Buy The Dip’… but uber-rich Family Offices are keen on crypto”
Transfers of nonfungible tokens (NFT) on Ethereum have surpassed transfers of stablecoins and altcoins while the supply of wrapped Bitcoin (WBTC) has remained relatively stagnant since late last year. Those are two of the key findings in the latest State of the Network update from Coin Metrics. It details how ERC-721 transfers overtook stablecoins and …
Continue reading “NFTs most popular assets on Ethereum, but Wrapped Bitcoin growth stalls”
A closely followed crypto analyst says Ethereum (ETH) is trading at a point where the reward far outweighs the risk. Pseudonymous analyst Light tells his 146,000 Twitter followers that leading smart contract platform Ethereum looks poised to regain its bullish momentum after its steep correction from the all-time high of $4,800. “ETHUSD long here is …
A closely followed crypto strategist says that Bitcoin (BTC) could find itself with a price tag similar to what it had in early 2021. The pseudonymous analyst known as Rekt Capital tells his 291,000 Twitter subscribers that the top crypto asset by market cap is currently in the process of creating a new area of …
There has been a lot of focus on the performance of the stock and cryptocurrency markets over the past year or two as the trillions of dollars that have been printed into existence since the start of the COVID pandemic have driven new all-time highs, but analysts are now increasingly sounding the alarm over warning …
Continue reading “Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’”
The European Commission, in coordination with other authorities, reportedly plans to have its financial watchdog group potentially oversee illicit transactions at crypto firms. According to a Tuesday Bloomberg report, a group of European Union member nations led by Germany and including The Netherlands, Spain, Austria, Italy and Luxembourg plan to include crypto firms under the …
Continue reading “EU members reportedly plan for AML watchdog to oversee crypto firms by 2024”
Kazakhstan’s authorities have confiscated 360 specialized Bitcoin ASICs as part of the country’s ongoing campaign to weed out “gray” crypto miners. According to an announcement published by the Financial Monitoring Agency today, officials have “identified persons engaged in mining activities in violation of the laws of the Republic of Kazakhstan.” “During the search, 360 units …
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Aventus Network (AvN) recently announced teaming up with Scytale Ventures, a blockchain venture capital firm that will help the Layer 2 solution reach its goal of becoming a Polkadot parachain. Founded in 2017, Aventus combines the elements of public and enterprise blockchains–leveraging scale and privacy of a permissioned blockchain with the security and interoperability of …
Continue reading “Aventus allies with Scytale in a bid to win a Polkadot parachain slot”
El Salvador is experiencing a surge in tourism after it adopted the bitcoin law in the fall of 2021 and made the cryptocurrency legal tender. The country’s tourism minister Morena Valdez said that actual tourist numbers surpassed earlier projections by 30%. The country had expected 1.1 million visitors as part of the sector’s recovery but …
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A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies dealing with digital assets can be engaged in the processing of illicit funds. Germany Leads Push to Place Crypto Firms Under EU Anti-Money Laundering Supervision …
Continue reading “EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils”
On Tuesday, journalist Laura Shin published a story that claims to identify the 2016 Genesis DAO hacker who siphoned 3.6 million ethereum from the decentralized autonomous organization. While the story surprised the crypto community, one of the biggest eye-openers was the blockchain analysis methods leveraged, and the claim that Chainalysis allegedly “de-mixed” Wasabi transactions. Community …
