Asset management company Pantera Capital’s Dan Morehead is saying that Bitcoin (BTC) is a better investment compared to bonds. In Pantera’s latest Blockchain Letter, the firm’s CEO explains why the flagship cryptocurrency is the most “asymmetric” trade in a generation. “I’ve spent my career looking for asymmetric trades – trades where the upside is many …
Category archives: Trending Crypto news
This Ethereum Scaling Solution Could Grow Three Times Its Size, According to Coin Bureau
The host of popular crypto channel Coin Bureau says that one Ethereum scaling solution could potentially see a 200% boost by the end of the current bull cycle. Pseudonymous crypto analyst Guy tells his 1.7 million subscribers that Polygon (MATIC) could see a 2-3x increase, and possibly more if it follows through on its proposed …
Altcoin Roundup: 3 metrics that traders can use to effectively analyze DeFi tokens
Much to the chagrin of cryptocurrency proponents who call for the immediate mass adoption of blockchain technology, there are many “digital landmines” that exist in the crypto ecosystem such as rug pulls and protocol hacks that can give new users the experience of being lost at sea. There’s more to investing than just technical analysis …
Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’
The weekend is upon us and fear remains the dominant short-term sentiment in the cryptocurrency market. Earlier today Bitcoin (BTC) price dropped to $47,250 and investors are biting their nails after data from the U.S. consumer price index (CPI) shows inflation reaching a forty-year high at 6.8%. Data from Cointelegraph Markets Pro and TradingView shows …
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Nifty News: Pepsi’s debut drop, 1inch expands P4 Metaverse and Tom Brady gifts NFTs
Cointelegraph has had a lot of NFT related news this week from pop culture to sports and gaming. Below is a roundup of stories you don’t want to miss. Pepsi and VaynerNFT team up Pepsi launched their Mic Drop genesis NFT collection made up of 1,893 generative style NFTs on the Ethereum blockchain. The number …
Buying the Dip: MicroStrategy Purchases Another $82,400,000 Worth of Bitcoin Amid Crypto Market Doldrums
MicroStrategy CEO Michael Saylor says that the enterprise analytics firm is doubling down on Bitcoin (BTC) and buying the dip once again. According to Saylor, MicroStrategy just purchased an additional 1,434 BTC for approximately $82.4 million at an average price of about $57,477 per Bitcoin. Saylor says to his 1.9 million Twitter followers that MicroStrategy …
Social Giant Reddit Expanding Ethereum-Based Crypto Program, Rolls Out Waiting List
Popular social media network Reddit is rolling out a waitlist for users and moderators to participate in its expanding Ethereum-based Community Points program. According to its website, the program would allow members of eligible subreddits to earn reputation points and own a piece of their favorite community via customized crypto tokens built on the Ethereum …
Interest in These Altcoins Primed To Explode As Investors Move Beyond Bitcoin, According to Bitwise CIO Matt Hougan
The chief investment officer of Bitwise Asset Management is naming the altcoins that are set to explode as investors venture outside of Bitcoin (BTC). In a new interview with Bloomberg Technology’s Emily Chang, Matt Hougan says he is bullish on Ethereum (ETH), Solana (SOL) and Polygon (MATIC). “I think we’re going to see this sort …
Bitcoin Analyst Plan B Says $69,000 Is Not the Top for This Cycle – Here’s His Latest Outlook
Quantitative crypto analyst Plan B says that Bitcoin (BTC) has yet to peak this cycle based on the crypto asset’s current value and historical data. Plan B tells his 1.6 million Twitter followers that he doesn’t think Bitcoin’s all-time high (ATH) around $69,000, reached one month ago, is the top of this cycle. “I don’t think …
Blockchain folk hero Nandy Martin hopes to build a better community for Haitians in Miami
Haiti, a Western Caribbean country torn by a tragic past, natural disasters, poor leadership and ineffective foreign aid, is not a country that comes to people’s minds when they think of blockchain adoption. For years, Haiti has been among the world’s poorest countries in terms of GDP per capita, as per data from the World …
South Africa’s financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: Report
Unathi Kamlana, the commissioner of South Africa’s Financial Sector Conduct Authority, has reportedly said the government’s rollout of a crypto framework would be aimed at mitigating any potential risks. According to a Friday report from Bloomberg, Kamlana said the financial regulator planned to present a regulatory framework early in 2022 intended to protect investors from …
Former SushiSwap CTO writes short reflection about leadership failures at blockchain DEX
On Friday, Joseph Delong, former chief technology officer of decentralized exchange, or DEX, SushiSwap, published a brief reflection of experiences during his tenure. Delong unilaterally resigned two days prior, citing internal structural chaos among developers behind the popular DEX. In explaining his decision, Delong outlined failures to scale operations, lack of organization skills, problematic contributors …
Finance Redefined: AWS turns crypto exchanges offline, and Sushi CTO resigns, Dec. 3–10
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. Although the markets may be down and technical indicators built upon AWS malfunctioning, fear not young degens, fundamental news and the spirit of Wagmi is abundant as ever. So, read on and discover all you need to know about the most important events of this week. …
SolidProof Introduces KYC and Audit Services for DeFi Projects
December 10, 2021 – Handewitt, Germany SolidProof, a German-based blockchain auditing company, has finalized the development of its auto audit tool and plans to launch the solution soon. Dubbed the SolidProof Automated Auto Tool (SAAT), the product is designed to streamline and speed up the entire smart contract auditing process. Retail and institutional adoption of …
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Nearly $27,000,000,000 in Crypto Funneled Into the NFT Sector in 2021, According to Chainalysis
The non-fungible token (NFT) sector has exploded this year, according to new data from crypto analytics firm Chainalysis. The firm notes in a new report that nearly $27 billion worth of crypto has funneled into ERC-721 and ERC-1155 contracts in 2021 so far. ERC-721 and ERC-1155 contracts are both associated with NFT marketplaces and collections. …