Bitcoin continued to consolidate to start the week, as market volatility remained in place ahead of the Christmas holidays. The world’s largest cryptocurrency remained below $17,000 on Monday, as price attempted to break out of a key resistance level. Ethereum was below $1,200 on Monday. Bitcoin Bitcoin (BTC) started the week below $17,000, as prices …
Yearly archives: 2022
Chinese Zhejiang Province Aims to Build a $28.7 Billion Metaverse Industry by 2025
Zhejiang, a coastal province of China, has presented a metaverse development plan that seeks to build a metaverse hub in its territory. The plan aims to entice the creation of a $28.7 billion metaverse industry and construct an ecosystem of several companies integrating this tech as part of its operations by 2025. Zhejiang Presents Metaverse …
Top Crypto Analyst Issues Bitcoin Warning, Says BTC Looks Horrendous and Primed for New Bear Market Low
A widely followed crypto strategist is warning Bitcoin holders, saying BTC bears currently have the upper hand and could send the king crypto to a fresh bear market low. In a new strategy session, pseudonymous analyst DonAlt says that BTC bears are flexing their muscles after preventing Bitcoin from successfully taking out its resistance around …
Grayscale CEO highlights 20% GBTC share buyback option if ETF conversion fails
According to an end-of-year letter to investors published on Dec. 10, Grayscale Investments’ CEO Michael Sonnenshein said that the firm may consider “a tender offer for a portion of the outstanding shares of GBTC [Grayscale Bitcoin Trust]” if the latter’s exchange-traded fund conversion process is ultimately unsuccessful. Sonnenshein stated that “such tender offer would be …
Continue reading “Grayscale CEO highlights 20% GBTC share buyback option if ETF conversion fails”
What is the relationship between blockchain and Web3?
Cryptocurrencies and blockchain are the building blocks of Web3. However, the decentralized web also relies on technologies like AR, VR, IoT and others unrelated to blockchain or digital currencies. The third generation of the internet, known as Web3, is based on blockchain technology. However, technologies like machine learning, big data, artificial intelligence (AI), the Internet …
Continue reading “What is the relationship between blockchain and Web3?”
Axelar launches $60M startup ecosystem program
The proof-of-stake (PoS) blockchain Axelar launched on Dec. 19 a $60 million startup funding program dedicated to accelerating the development of decentralized applications and protocols that can replace centralized exchanges. The initiative is backed by over 15 blockchain investors. Dubbed Axelar Ecosystem Startup Funding Program, the initiative was designed to foster the development of Web3 …
Continue reading “Axelar launches $60M startup ecosystem program”
Crypto investment firm CoinShares debuts trading on Nasdaq Stockholm
Major cryptocurrency investment firm CoinShares has debuted trading on Nasdaq Stockholm, the primary securities exchange of the Nordic countries. CoinShares officially announced on Dec. 19, the first day of trading on Nasdaq Stockholm’s main market, with CoinShares’ stock starting trading on the exchange under the ticker CS. The latest trading debut marks a change of …
Continue reading “Crypto investment firm CoinShares debuts trading on Nasdaq Stockholm”
TonCoin Crypto Price Prediction 2022 – Will TON Crypto Pump More?
Despite current bearish sentiments in the blockchain market. The price of TON has increased by 28% over the last few weeks, outperforming the top 100 […] Go to Source
Bone ShibaSwap Price Rises 37% Over The Weekend, Where Next BONE?
Shiba Inu (SHIB) has stood out among the most popular crypto launched following the Dogecoin (DOGE) price rally in 2021. What started as just another […] Go to Source
Binance.US To Scoop Voyager Digital’s Assets For $1 Billion
Summary: Binance’s American division successfully bid $1.022 billion for assets under bankrupt crypto broker Voyager Digital. The deal could fast-track unlocking customer funds after Voyager collapsed in July 2022 due to market conditions and exposure to Three Arrows Capital. Sam Bankman-Fried’s FTX bid $1.4 billion for Voyager’s asset before SBF’s crypto exchange crashed in November. …
Continue reading “Binance.US To Scoop Voyager Digital’s Assets For $1 Billion”
FTX Founder Sam Bankman-Fried Unlikely To Fight U.S. Extradition
Summary: Three major publications reported that Bankman-Fried won’t contest his extradition to the U.S. Sources said the FTX founder will appear in court on Monday to update the judge on his decision. Bahamas police arrested SBF on December 12 a few hours before the CFTC, SEC, and U.S. prosecutors from the South District of New …
Continue reading “FTX Founder Sam Bankman-Fried Unlikely To Fight U.S. Extradition”
Dash 2 Trade Smashes Through $10 Million in Presale — Be A Part Of The Future!
Dash 2 Trade is a new crypto data analysis and social trading system with the goal of simplifying and reducing the inherent risks associated with […] Go to Source
Biggest Crypto Gainers Today December 19 – TWT, BNB, D2T, FGHT, TARO
Look no further to learn which cryptocurrencies now dominate the market. On December 19, 2022, TWT, BNB, D2T, FGHT, and TARO were a few of […] Go to Source
Analyst Michaël van de Poppe Predicts Epic Litecoin Rally Despite Crypto Correction – Here’s His Target
Popular crypto analyst Michaël van de Poppe says historical price action suggests that peer-to-peer payments network Litecoin (LTC) is gearing up for an epic surge. The crypto strategist tells his 164,000 YouTube subscribers that he believes Litecoin is still bullish on the weekly timeframe even after its latest corrective move. “As a matter of fact, …
Quant Analytics Firm Warns of Potential Mass Sell-Off Event for Ethereum (ETH) – Here’s When
Quantitative analytics company CryptoQuant says that Ethereum (ETH) is potentially on the edge of another large sell-off event due to a number of on-chain factors. The firm says that the Shanghai Hard Fork, which is slated for March of next year and will result in the unlocking of at least 15.3 million ETH, may have …