Crypto prices cratered throughout the week as the FTX controversy played out at breakneck speed. Bitcoin was trading at $16,500 today, down 23% over the past week, while ether lost 25% in the same period to trade at $1,219, according to data via CoinGecko. BTCUSD chart by TradingView Altcoins also …
Institutional DeFi is growing at a rapid pace and some research firms say this niche sector will attract over $1 trillion in investment capital over the next five years; bitcoin rises above $19K. Source link
Crypto prices continued to rally over the past week while the global macroeconomic environment was worsening. At the time of writing, bitcoin was trading at $23,739, down 3.1% over the past 24 hours, while ether was at $1,709 according to CoinGecko. Still, both cryptocurrencies were up significantly over the past seven days – ether …
Crypto prices continue to tick upward as recession fears grow: the week in markets Read More »
The $20-$23/TH range is something the industry hasn’t seen since around the time of the 2020 bitcoin price bottom. In addition to Bitmain’s S19, S19j and S19 Pro units, MicroBTC’s Whatsminer M30s, M30s+ and M30s++ models, among others, are feeling the slump as well. Source link
“In one remarkable stretch, Taiwan went 200 days without a COVID-19 case, and without China-style lockdowns. The secret sauce? Thanks to privacy-protecting encryption, citizens were happy to scan QR codes and “check in” at every restaurant, store, bar or cafe. They did this without revealing their personal data. It worked so well that Taiwan reduced …
Events in China, India Have Also Weighed on Crypto Prices Read More »
The project comes at a time when virtual land plots are being sold for millions of dollars on virtual ecosystems, built on blockchains like Ethereum. The plots on pavia were listed for as high as 30,000 cardano (≈$45,600 at the time of writing) on the Cardano NFT marketplace CNFT. Source link
For a while, many across the crypto industry thought Polygon had a chance of seizing the coveted title of “Ethereum killer.” However, a recent change to the network – and the way it was made – might just throw it off course. From 1 to 30 Around 12 October, Polygon Scan showed a sharp drop …
Polygon sees this turn of events as gas prices rise to 30 gwei Read More »
After shaking off the slow weekend, Bitcoin’s price is back above $18600. Bitcoin traded above the $18500 level for nearly 3 days before the weekend and then dropped to $18200, even lower on some spot exchanges. However, according to Entrepreneur Qiao Wang, Weekends exist for shaking off weak hands before institutions turn their algos back …
A look into the effect weekends have on Bitcoin prices Read More »
As one of the largest organizations managing crypto-investment trust funds for accredited and retail investors, Grayscale recently crossed the $6 billion-mark with respect to Assets under Management (AUM). That’s not all, however, as over the past few years, besides catering to institutional investors, Grayscale has also seen increasing retail demand for crypto-exposure through 401k savings. …
Grayscale’s LTCN, BCHG unlikely to rescue Litecoin, Bitcoin Cash’s prices Read More »
Cryptocurrency scammers may be taking advantage of coronavirus to invent new fraudulent narratives, but their profits have declined since the outbreak of the pandemic because of a drop in crypto market prices, according to blockchain analysis firm Chainalysis. In an April 10 report by Chainalysis, researchers found that the coronavirus pandemic has triggered an increase in …