NFTs have seen a steady increase over the last few years, seeing trading volumes in quarter three of 2021 reach nearly $11 Billion. This year has seen just as much success for this new investment class, with an estimated 250,000 people trading NFTs each month on OpenSea. As the progression of NFTs presses forward, new […]
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Ethereum has moved above $2,700 following the Fed announcement yesterday. The highly anticipated meeting had been concluded, coming out that the Fed had increased interest rates by 0.25%. Ethereum has responded positively to the news and had rallied out of the slump it had been in since the last dip. Now the digital asset sits […]
Bitcoin and the crypto market trend to the upside on Wednesday. The Federal Reserve (FED) announced a raise rates by 25 basis points. The FED Chair Powell said at the news conference; We are attentive to the risks of further upward pressure on inflation and inflation expectations. The committee is determined to take the measures […]
Examining crypto’s usage in Ukraine, sanctions, and the Biden Executive Order Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor Dempsey There’s a gravitational shift taking place within our industry. Since Russia’s shocking invasion of Ukraine, crypto has been: used to crowdfund tens of millions for the Ukrainian defenseincorrectly speculated […]
Osmosis is a cross-chain automated market maker (AMM) protocol and a Layer-1 Proof-of-Stake (PoS) blockchain built with the Cosmos SDK. The protocol enables developers to design, build, and deploy their own customized AMMs through its on-chain governance system and many modules. OSMO is the protocol’s native governance and utility token used to facilitate transactions, provide […]
Silvergate Capital purchased Diem’s tech assets for $182 million earlier this year, ending the grandiose ambition of Facebook to create a blockchain payments network. The transaction demonstrated how Facebook, now Meta, is left with few regulator-approved ways to become a key participant in the blockchain ecosystem. Some ex-Meta workers are taking up the open-source Diem […]
One of the biggest NFT projects might not be releasing a new mint, but they are releasing a new token. A new network has added NFT support. And the ‘doc’ is doubling down after a recent announcement. Just a daily dose of NFTs courtesy of your Nightly Mint. Let’s review. The Nightly Mint Latest Mint: […]
Ethereum rallied above $2,700 against the US Dollar. ETH price is now consolidating near $2,800 and might start a short-term downside correction. Ethereum started a fresh increase above the $2,700 resistance level. The price is now trading above $2,700 and the 100 hourly simple moving average. There is a key bullish trend line forming with […]
Bitcoin started a fresh increase above the $40,000 resistance against the US Dollar. BTC remains supported and might rally again above the $41,500 resistance. Bitcoin reclaimed the $40,000 level and might continue to rise. The price is trading above $40,200 and the 100 hourly simple moving average. There is a major bullish trend line forming […]
Crypto is characterized by its highly volatile nature and even though the digital assets in this space have continued to live up to this reputation, investors remain undeterred. It is still one of the fastest-growing financial markets in the world with predictions of accelerated growth in the coming years. Recently, the space has slowed down […]
Crypto assets saw some wild swings in the day and are now trading to the upside. Risky assets are reacting to the FED’s decision to raise rates by 25-basis points, and the increasing global adoption might be adding weight to the boost. Related Reading | Expectations Of Aggressive FED Drop, Here’s Why Bitcoin Could Rise To […]
Market expectations were met as the U.S. Federal Reserve (FED) announced an interest rate hike of 25 bps pushing Bitcoin into the green. The cryptocurrency was hinting at bullish price action during the week, as today’s Federal Open Market Committee (FOMC) closed in. Related Reading | Mike Novogratz: Bitcoin Price To Range Between $30k-$50k Throughout The […]
Bitcoin price is struggling to stay over $40,000, but Friday’s options expiry could provide bulls with the $160 million profit they need to keep the positive momentum going. Bitcoin has had a modestly climbing trend for the past two months, bouncing off its support many times. Mike Novogratz Predicts Bitcoin Range In an interview with […]
Data shows the current stretch of Bitcoin fear has surpassed that during the 2021 selloff as market continues to be extremely fearful. Bitcoin Fear And Greed Index Shows Market Sentiment Is Again Extremely Fearful This Week As per the latest weekly report from Arcane Research, sentiment among BTC investors has once again been that of […]
Bitcoin trades north of the $40,000 price mark with bullish momentum in the last 24 hours. Today, the U.S. Federal Reserve (FED) is expected to begin its monetary tightening policy. Related Reading | TA: Bitcoin Breaks $40K, Key Upside Break Suggests Trend Change The financial institution could raise interest rates hikes, and slowly pull liquidity from […]
Bitcoin keeps fluttering in and out of the $40,000 price level. Keeping count of these breaks above $40K, there have now been a total of five since the year started. It is one thing to break above an important resistance level but it is another to hold above it, forming strong support. The latter has […]
Despite the four-month bearish price action, institutions continue to pile drive bitcoin, which might have scared away retail leverage traders. This is because institutions are focusing on longer-term horizons and see the potential for big profits in BTC’s growth over time. The recent large outflow of coins from the U.S.-based crypto exchange Coinbase is evident, […]
By Prakash Hariramani, Senior Director, Product Management, and Bipul Sinha, Senior Product Manager Today, we are introducing Coinbase Pay, the easiest way for Coinbase users to fund their Coinbase Wallet from the Chrome browser extension and explore web3. Over the past year, DeFi, NFTs, and other web3 services have seen tremendous adoption. However, a key step in […]
The recent acceleration in the United States Consumer Price Index for February has come at just the right time with matching expectations. The index is at 7.91%. It was expected to peak during Q1 and remain elevated throughout this year. Even though it might not have a big impact on prices, the Federal Reserve and […]
In the Lightning Network, inbound liquidity is a precious resource. The Galoy Research team detected an irregularity, and, trying to fix it stumbled into a whole business model. Their elegant solution transforms a problem into dollars, which is remarkable. This case reads like a detective novel. Let’s dive in. Related Reading | Lightning Speed: Podcasting […]