The leading layer-2 DeFi lending protocol, EasyFi Network has launched its #BuildWithEasyFi initiative to encourage the developer community to leverage various benefits offered by the EasyFi ecosystem. As a part of the initiative, EasyFi has announced a Developer’s Fund and Grants program where promising projects and individuals can gain access to the capital necessary to …
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The CEO of crypto lending platform Celsius does not think that Bitcoin (BTC) has the correct properties to become a suitable payment option. In a new interview on Coin Stories, Alex Mashinsky offers a contrasting picture between the qualities of the US dollar and the leading cryptocurrency. “I’d much rather be in a scenario where …
Crypto exchange giant FTX has released a list of 10 proposals for market regulators in the US looking to oversee the digital asset space. In a new blog post, the exchange reveals what it calls “FTX’s Key Principles for Market Regulation of Crypto-Trading Platforms.” First on the list is to have one primary market regulator …
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Bitcoin (BTC) and most altcoins sold off on Dec. 4 with massive deleveraging seen in the crypto derivatives markets. Data suggests more than $2.5 billion of crypto liquidations over a 24-hour period. During the recent fall, Ether (ETH) has continued to outperform Bitcoin. While Bitcoin’s market dominance has dropped below 41%, Ether has continued to …
Continue reading “Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, ALGO, EGLD”
Whistleblower Edward Snowden says that the use of non-fungible tokens (NFT) in crypto gaming comes with certain consequences. In a new interview on Parachains, a Polkadot and Kusama-focused YouTube channel, Snowden says he is against the monetization of gaming platforms that use NFTs because they utilize a false sense of scarcity. “We have people that …
A widely followed crypto strategist and trader is looking at the state of Bitcoin to determine whether the largest crypto asset by market cap has crossed bear territory. Hours before the deep crypto pullback, analyst Michaël van de Poppe told his 518,000 Twitter followers that he was expecting Bitcoin to correct hard and leave an …
Crypto analytics firm Santiment says that the market’s latest crash is stirring up investor interest in “buying the dip.” The market insights agency tells its 114,000 Twitter followers that Bitcoin (BTC) and Ethereum (ETH) are seeing their prices find support thanks to the highest instances of “buy the dip” mention on social media seen since …
The endless cookie settings that pop up for every website feel a bit like prank compliance by an internet hell-bent on not changing. It is very annoying. And it feels a little bit like revenge on regulators by the data markets, giving the General Data Protection Regulation (GDPR) a bad name and so that it …
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key issues they intend to solve and outlined three of the …
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A prominent market intelligence firm has identified one crypto sector that is exponentially outpacing all others in terms of growth. UK-based market research firm MacroHive created four indices which the company believes capture the popular use cases of cryptocurrencies. Each index, except for Bitcoin, consists of five tokens that represent the market value of a …
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Mati Greenspan, a crypto analyst and the founder and CEO of Quantum Economics, an investment analysis and consulting …
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A closely followed crypto analyst and trader is naming one altcoin that he believes will reignite the crypto bull market. Pseudonymous crypto strategist Credible tells his 275,300 Twitter followers in a new video that Ethereum’s strong performance against Bitcoin (ETH/BTC) amid the brutal correction is a sign that the markets are still bullish. “I’m bullish …
Bitcoin (BTC) rebounded to near $50,000 on Dec. 5 as traders continued to take stock of recent events. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView followed a less volatile BTC/USD as it rose to $49,777 on Bitstamp before consolidating. Fresh off a crash to $41,900 early Saturday, the pair …
A severe market correction coincided with a surge in activity from crypto whales, who moved over half a billion dollars worth of stablecoins in a matter of hours, according to a whale-watching bot. As Bitcoin started to breach the $50,000 level at around 01:30: UTC on Saturday, hundreds of millions of dollars in crypto began …
The amount of cryptocurrencies on the market has skyrocketed from 500 in 2014 to nearly 7,000 only seven years later in October 2021. A reported 14% of people in the United States — which roughly equals 21.2 million people — have purchased some form of cryptocurrency, with more than 300 million crypto owners estimated worldwide. …
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