Cryptocurrency News
In recent months, the world of cryptocurrency has witnessed a fascinating and somewhat paradoxical trend: while the price of Bitcoin (#BTC) has been on a rollercoaster ride, venture capital (VC) investments in crypto startups have steadily declined, reaching multi-year lows in August. Surprisingly, the correlation between Bitcoin’s performance and VC […]
The cryptocurrency market has experienced meteoric growth and transformation since the inception of Bitcoin over a decade ago. Within this burgeoning space, various types of investors play pivotal roles in shaping its trajectory. Understanding the dynamics of these investor groups is crucial in comprehending the cryptocurrency industry’s evolution. Retail Investors […]
Cryptocurrency, despite its rapid rise in popularity and adoption, still faces its fair share of negative narratives and misconceptions. In this article, we’ll address and debunk some of the most common negative narratives associated with cryptocurrencies. Cryptocurrency is a tool for illegal activities: While cryptocurrencies have been used for illicit […]
Bitcoin, the world’s most renowned cryptocurrency, has experienced a modest resurgence, with its price jumping by 2% to reach $26.3K after a week of stagnation. While this uptick is welcomed by many investors, it is essential to examine the underlying dynamics affecting the market. Increased Supply On Exchanges One noteworthy […]
Governmental and institutional cryptocurrency adoption has been a topic of significant debate and speculation in recent years. As we stand in 2023, it’s clear that the landscape is evolving rapidly, but the finish line is still somewhat distant. Governmental Adoption First, let’s look at governmental adoption. Several countries have taken […]
In recent days, Chainlink (LINK) has seen a significant surge in accumulation within its key shark tier, consisting of wallets holding between 10,000 and 100,000 LINK tokens. This surge marks a notable shift in investor sentiment and is indicative of growing confidence in the cryptocurrency. As of the latest data, […]
The crypto and blockchain technology industry has been steadily gaining momentum, evolving from a niche interest to a mainstream force. Its potential to disrupt various sectors of the economy is undeniable. As this digital revolution continues to gather steam, here are five sectors that will be heavily disrupted by crypto […]
Base is a Layer 2 (L2) network built on Ethereum. It uses a rollup technology called Optimistic Rollups to scale Ethereum by processing transactions off-chain and then batching them and submitting them to the Ethereum mainchain. This allows Base to offer cheaper and faster transactions than Ethereum mainnet. Base Overtakes […]
Visa, the global payment giant, has made an exciting stride by extending its utilization of USDC stablecoin for settlement payments onto the Solana blockchain. This strategic move signifies Visa’s commitment to harnessing blockchain technology’s potential in the realm of payments. Why Solana? Solana stands out as a high-performance blockchain renowned […]
The Bitcoin halving event is a critical milestone in the cryptocurrency market that occurs approximately every four years, reducing the reward miners receive for validating transactions. Historically, Bitcoin prices have exhibited intriguing behavior around these halving events. Before the Halving In the months leading up to a halving, Bitcoin often […]
In the world of cryptocurrencies, Bitcoin continues to dominate as the pioneer and poster child of the digital asset space. A recent milestone has captured the attention of crypto enthusiasts and investors alike: the amount of Bitcoin being “HODLed” (a term used in the crypto community to describe holding onto […]
The total value of Ethereum (ETH) locked in the ETH 2.0 deposit contract has reached an all-time high of 28,537,842 ETH, or over $100 billion. This represents a 10% increase from the previous ATH of 25,937,766 ETH, which was set in April 2023. PoW To PoS The ETH 2.0 deposit […]
Bitcoin is the first cryptocurrency and the most well-known. It has the largest market capitalization and the most liquidity. Altcoins are alternative cryptocurrencies that have been created to improve on Bitcoin in some way. They offer a variety of features and benefits, such as faster transaction speeds, lower fees, and […]
The number of people who own Bitcoin has reached a new milestone, surpassing the entire population of Spain, which sits at 47.5M. According to a recent report, there are now over 48.5 million Bitcoin holders in the world. This represents a significant increase from just a few years ago, when […]
Token unlocking is the release of a certain amount of tokens that were previously locked or restricted from circulation in the cryptocurrency market. These tokens are usually held by project developers or early investors. Token unlocking can significantly impact market liquidity, trading volume, and overall market dynamics and price volatility. […]
The price of Bitcoin fell to $25.4K on Monday, its lowest level since June 16th. The sell-off was likely triggered by growing concerns that the US Securities and Exchange Commission (SEC) may not be willing to approve a spot Bitcoin ETF. SEC Delayed All Bitcoin Spot Applications The SEC has […]
The Crypto Fear & Greed Index is a tool that measures the sentiment of the cryptocurrency market. It is calculated by taking into account five factors: Volatility Market momentum/volume Social media sentiment Surveys Dominance Trends The index ranges from 0 to 100, with 0 representing extreme fear and 100 representing […]
Chainlink (LINK) has hit a key level that has historically foreshadowed a price rebound. The token’s price is currently trading around $5.50, which is the same level it reached in December 2022 before starting a rally to $8.50. In addition, the exchange supply of LINK has been dropping. This means […]