Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions …

Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. When crypto markets shed significant value, traders typically look to see if trade volume increases in order to support the current prices. Even though November’s spot market volume was larger than December’s […]

Despite the Drop in Crypto Prices, Weekly NFT Sales Reach $4.7 Billion, Increasing 81 …

While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Bitcoin, ethereum, and a myriad of digital assets have seen deep losses this week in terms of spot market value against the U.S. Out of the ten blockchains recorded, Ethereum sales jumped 84.04% this […]

Meme Coin Markets Gain Close to 5% in 24 Hours, Dogecoin’s Value Jumps, 3 … – Bitcoin News

The top meme tokens by market capitalization have increased in value by 4.4% in the last 24 hours according to statistics. After the electric car company, Tesla announced the firm would be accepting dogecoin payments, the meme crypto spiked in value almost immediately. SHIB’s market valuation is just over $17 billion on Saturday, with $614 […]

Bank of America Says Solana Could Take Market Share From Ethereum, Become the Visa …

Last week, a JPMorgan analyst explained that Ethereum’s Merge and Layer 2.0 introduction will speed up transactions and could significantly cut energy consumption. A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. Neither the company nor the author is responsible, directly or indirectly, for any damage or […]

Ebay Alternative Platform Ethair Market Launches Its Token, Sellers Can Now Accept Crypto …

On top of the proprietary token, Ethair Market currently supports fiat and cryptocurrencies such as: Bitcoin, Ethereum, Litecoin, Stellar and USDC, and more. The marketplace is currently in beta, allowing sellers to their items before the full release. Ethair is aggressively marketing through Google, YouTube, Yahoo, and Twitter ads. That means that they can enjoy […]

Analyst Expects US to Embrace Crypto With Proper Regulation in 2022 – Bitcoin News

Analyst Mike McGlone with Bloomberg Intelligence has shared his outlook for the cryptocurrency market going forward. The analyst further shared: “The key question facing bitcoin nearing the onset of 2022 is whether it’s peaking or simply a consolidating bull market. Neither the company nor the author is responsible, directly or indirectly, for any damage or […]

Institutional Investors Expect Major Correction in Crypto Market Next Year – Bitcoin News

Many institutional investors are predicting a major correction in the cryptocurrency market next year, a survey published by Natixis Investment Managers shows. The company polled 500 institutional investors who collectively manage $13.2 trillion in assets for public and private pensions, insurance, foundations, endowments, and sovereign wealth funds worldwide. In July, a survey by Nickel Digital […]

Meme Coin Market Cap Loses 3.5%, Top 2 Leaders Dogecoin, Shiba Inu Shed Billions …

While crypto-asset markets have shed billions during the last week, the top meme tokens coins by market capitalization have seen deeper losses than most coins. The top two meme-based cryptocurrencies dogecoin were once top ten contenders in terms of market capitalization. Despite being down in recent times, 30-day stats show SHIB is still up 57%. […]

Games Coins, Defi Tokens, Metaverse Assets Rise Above Market Downturn With Double-Digit Gains

While digital currencies like bitcoin and ethereum lost roughly 10% in value during the last seven days, the decentralized finance economy has weathered the storm better than the top two leading crypto assets. The top five decentralized exchange . Neither the company nor the author is responsible, directly or indirectly, for any damage or loss […]

Ripple Proposes ‘Real Approach to Cryptocurrency Regulation’ – Bitcoin News

“All of the proposed measures discussed in this framework seek to provide legal clarity to industry, markets, and consumers in a way that an ad hoc, regulation-by-enforcement approach simply cannot,” Ripple concluded. SEC Commissioner Hester Peirce criticized her own agency in August for taking this approach to regulating the crypto sector after the SEC announced […]

Tezos NFT Market Hic et Nunc Returns After Founder Steps Back, Begins Transition to DAO …

Furthermore, Lima has lowered the platform’s fee to 1%, according to recent statements. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. […]

Crypto Markets Shed Billions Overnight — Analyst Says ‘Drawdown Normal’ and … – Bitcoin News

Cryptocurrency markets have dropped significantly in value during the last 24 hours as the entire market capitalization of all 10,000 crypto assets in existence has dropped below the $3 trillion mark to $2.77 trillion on Tuesday morning . At the time of writing, BTC is swapping for $60,563 per unit and has an overall market […]

Investment Manager Expects Governments to Clamp Down on Bitcoin, Warns of ‘Intense …

The founder and chief investment officer of Hayman Capital Management, Kyle Bass, has warned that governments will start to really clamp down on bitcoin. Kyle Bass, founder and chief investment officer of Hayman Capital Management, talked about bitcoin and the outlook for cryptocurrencies in an interview on the Investor’s Podcast Network, published Saturday. He referenced […]

Crypto Markets Shed Billions Overnight — Analyst Says ‘Drawdown Normal’ and … – Bitcoin News

Cryptocurrency markets have dropped significantly in value during the last 24 hours as the entire market capitalization of all 10,000 crypto assets in existence has dropped below the $3 trillion mark to $2.77 trillion on Tuesday morning . At the time of writing, BTC is swapping for $60,563 per unit and has an overall market […]

‘Big Short’ Investor Michael Burry Says ‘I’ve Never Shorted Any Cryptocurrency’ – Bitcoin News

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that he has never shorted any cryptocurrency. He is profiled in “The Big Short,” a book by Michael Lewis about the mortgage crisis, which was made into a movie starring Christian Bale. “Crypto, meme stocks, art, wine, equities … This bubble is […]

Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in …

On November 15, 2021, Bitcoin’s hashrate climbed to 184 EH/s gathering 17.19% more hashpower than the network saw a mere two days ago on November 13. In addition to BTC’s hashrate nearing ATH, the second-largest crypto asset in terms of market valuation, ethereum’s higher prices have also propelled its network hashrate. It’s worth it for […]