Staking and farming platform Bent Finance joins has become the sixth crypto establishment to get hacked in December. The acknowledgment of the attack was followed by requesting investors to withdraw their pool funds and disabling the reward claims on the compromised platform. Bent Finance first realized the exploit on Monday at roughly 8:55 pm EST, …
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Binance Labs, the venture capital and incubation arm of Binance cryptocurrency exchange, has led a financing round for the cross-chain protocol Multichain, previously known as Anyswap. Shortly after rebranding from Anyswap last week, Multichain has raised $60 million in a seed funding round led by Binance Labs, the firm officially announced on Dec. 21. Other …
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Coinbase is delighted to announce the launch of the Community Analyst Program, a.k.a. the CAP Program. This is a new and exciting way for students, professionals and community members who share our core beliefs to contribute to Coinbase’s mission to increase economic freedom. If you are crypto-native, crypto-passionate or insatiably crypto-curious, this is an opportunity to …
Billionaire Ray Dalio has revealed that he holds bitcoin and ethereum holdings. Various billionaires have also been public about their bitcoin and ethereum holdings. For a lot of these billionaires, the move from cash into cryptocurrencies has been a pertinent one as the former continues to lose its value in the market. Dalio also gave …
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Another bitcoin wallet containing millions of dollars worth of BTC has come out of dormancy. As time goes on, more and more of these wallets are being reactivated by their owners who have, for one reason or another, not transacted using these wallets for years despite having what is considered life-changing money in them. This …
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The Dubai World Trade Centre (DWTC) will become a crypto zone and regulator for virtual assets and crypto, comprising digital assets, goods, operators, and exchanges, as part of the Dubai government’s efforts to build new economic sectors. Dubai Likes Crypto The United Arab Emirates (UAE) is becoming one of the world’s most cryptocurrency-friendly jurisdiction, with …
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As play-to-earn games continue to enter the market, one NFT-implemented fighting game is looking to stand out from the rest: Crypto Fight Club. The title has already launched their website, alongside a detailed white paper in recent months. Now, the emerging game has completed an immensely successful seed round, raising nearly $3M from a bevy …
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On-chain data shows Bitcoin exchange reserves have sharply dropped recently, suggesting a possible return to bullish trend. Bitcoin Exchange Reserves Historical Data May Tell Current Trend Is Bullish As explained by an analyst in a CryptoQuant post, the Bitcoin exchange reserves seem to have sharply fallen in the past couple of weeks. The “all exchanges …
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Closely followed crypto analyst Nicholas Merten says Bitcoin (BTC) could be mirroring a technical price pattern previously displayed in the S&P 500 index. In a new strategy session, Merten tells his 488,000 YouTube subscribers that BTC may be following the same pattern that the S&P 500 went through between 2000 and 2008, but on a …
The crypto industry has ended its weeks-long streak of blue-chip capital inflow amidst a widespread market pullback. According to data from leading digital asset manager CoinShares, the crypto market saw $142 million worth of outflows from institutional investors, the first in 17 weeks. “Digital asset investment products saw outflows totaling $142 million, the first outflow …
Looking at the Bitcoin chart from a weekly or daily perspective presents a bearish outlook and it’s clear that (BTC) price has been consistently making lower lows since hitting an all-time high at $69,000. Bitcoin/USD on FTX. Source: TradingView Curiously, the Nov. 10 price peak happened right as the United States announced that inflation has …
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Bitcoin (BTC) continues to lose ground in December, a signal that traders may be locking in their gains before the end of the year. The lack of a Santa rally in the U.S. equity markets indicates that the risk-off sentiment prevails due to the uncertainty regarding the spread of the COVID-19 omicron variant in several …
Continue reading “Price analysis 12/20: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE”
Ethereum has struggled but may look for a rally this week. Defi still dominates with Yearn up 100%. BORA and Hedera also performed well. ETH The Ethereum price was choppy in the last week with lows near $3,650 and highs at $4,100. ETH Price Index The number two coin by market cap has found a …
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One gaming altcoin built on the Harmony blockchain has rallied over 95% in the last seven days while the rest of the crypto markets have remained stagnant. Blockchain-based game DeFi Kingdoms (DFK) is a new competitor in the GameFi niche, which combines decentralized finance (DeFi) with the metaverse. DFK players game buy non-fungible token (NFT) …
Crypto insights firm Santiment is examining the sentiment of Bitcoin traders to determine whether the leading crypto asset is close to carving a bottom. The analytics company tells its 119,200 Twitter followers that sentiment among Bitcoin traders has fallen to a level not seen in three months, indicating that market participants have started to capitulate. …
