Andre Cronje says Fantom will focus on DApp ecosystem expansion in 2023

In a new Medium post published on Dec. 26, decentralized finance architect Andre Cronje reaffirmed the goals and priorities for the Fantom ecosystem in 2023. Cronje, who previously created protocols such as Yearn.finance and Keep3rV1, also revealed that he accepted a position as a board member for both Fantom Foundation Ltd and Fantom Operations Ltd, …

Bitcoin price volatility due within days, new take says as BTC flatlines at $16.8K

Bitcoin (BTC) hodlers are enjoying another day of zero volatility on Dec. 26 as hopeful forecasts se signs of a trend change. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Opinions diverge further over BTC price bottom Data from Cointelegraph Markets Pro and TradingView confirmed more sideways action near $16,800 for BTC/USD on Boxing Day. The …

Bitcoin Flat in Another Slow Week for the Crypto Market, OKB, SOL, AAVE, Dec. 26

BTC up by only 0.6% for the week. OKB boosted by the Musk effect. SOL weak after another recent hack. AAVE boosts network security. BTC Bitcoin could only return a gain of 0.6% in another quiet week for crypto markets. Continued pressure on the Binance exchange and its finances have blighted the outlook for the …

Japan to lift ban on foreign-issued stablecoins in 2023

Remittances through these stablecoins are limited to 1 million yen ($7500) per transaction. 1 min read Updated: December 26, 2022 at 3:22 pm Cover art/illustration via CryptoSlate Japan’s Financial Service Agency (FSA) will lift the ban on the local distribution of foreign stablecoins like USD Coin (USDC) in 2023, Nikkei reported on Dec. 26. According …

Cryptocurrencies are outpacing inflation – but traditional assets are not

Aside from bringing the world to a standstill, the 2020 pandemic brought on the largest fiscal stimulus program ever seen. Two of the largest central banks in the world — the U.S. Federal Reserve and the European Central Bank (ECB) — saw their balance sheets double in less than a year. The Federal Reserve increased …

Biggest Movers: LTC Climbs to 10-Day High on Monday

Litecoin raced to a ten-day high to start the week, as markets returned from the Christmas holiday weekend. The token extended recent gains to start the week, and neared a key resistance point in the process. Xrp was also higher, as it also collided with a price ceiling. Litecoin (LTC) Litecoin (LTC) was one of …

Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022

Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 2022’s crypto winter as sales are down a great deal and blue-chip NFTs have been slashed in value. For instance, last month, there was roughly $534 million in NFT sales compared to the $2.77 billion in NFT sales sold in Dec. 2021. …

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Monday as Markets Remain Sluggish Following Christmas

Cryptocurrencies were mostly consolidating on Dec. 26, as markets remained muted following the Christmas weekend. Bitcoin remained marginally above a key support point at $16,800, whilst ethereum remained near a ceiling at the $1,230 mark. Overall, the global crypto market is up 0.20% as of writing. Bitcoin Bitcoin (BTC) remained slightly above a ceiling at …

Ukrainian Steals Bitcoin From Russian Darknet Market, Donates to Charity

A Ukrainian living in the U.S. has reportedly hacked a major drug market on the Russian dark web, diverting some of its crypto proceeds. The man says he donated the digital cash stolen from the illicit website to an organization delivering humanitarian aid across his war-torn homeland. Wisconsin Resident With Ukrainian Roots Hacks Russian Dark …

Bitget Introduces MegaSwap for a Re-Invented DeFi Experience

press release PRESS RELEASE. Seychelles, December 26, 2022 – Leading global cryptocurrency exchange, Bitget launches “MegaSwap“, a new feature on its platform that enable the platform’s users to trade or swap their digital assets for over 10,000 cryptocurrencies on a DeFi environment. With a MegaSwap account, users can gain access to trade through eight influential …

Here’s What Could Signal a Bitcoin (BTC) Turnaround Next Year, According to Analyst Benjamin Cowen

Popular crypto analyst Benjamin Cowen says that Bitcoin (BTC) holders should be on the lookout for one signal that could mark the end of the king crypto’s extended bear market.  In a new video, Cowen tells his 779,000 YouTube subscribers that Bitcoin’s current percentage drawdown from its all-time high is approaching a level that signalled …

Bitcoin accumulation addresses near record 800K despite whale selling

Bitcoin (BTC) accumulation is nearing a new milestone this Christmas as redistribution of the BTC supply continues. Data from on-chain analytics firm Glassnode shows that the total BTC balance of so-called “accumulation addresses” is nearing all-time highs. “HODL-only” BTC addresses climb closer to 1 million mark Behind the scenes in the 2022 Bitcoin bear market, …

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