On Jan.6, Decentraland announced its first-ever metaverse architecture and design biennale embassy.
BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration
After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The crypto asset bonk inu (BONK) has a circulating token supply of around 41.5 trillion and […]
Going short on Ethereum in 2023? Here’s what you need to know
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion ETH was in a short-term price correction. It could retest the $1,247 support or drop lower. A patterned breakout on the upside would invalidate the bias. Bitcoin’s [BTC] attempt to break the $17K resistance […]
SEC Investigates Whether FTX Investors Followed Due Diligence Procedures (Report)
The US Securities and Exchange Commission has reportedly asked some FTX investors whether they conducted proper research on the cryptocurrency exchange before becoming its clients. Recall that the platform (considered among the giants in its field) crashed in November, causing multi-billion losses and shaking the entire market to its core. As reported by Reuters, the […]
Ethereum’s Shanghai upgrade could supercharge liquid staking derivatives — Here’s how
Traders are contemplating what will happen to ETH price and staked Ether derivatives after the next network upgrade opens withdrawals for stakers.
BTC second-worst YTD since 2011, expected to remain flat through 2023
Bitcoin (BTC) saw its second-worst year to date (YTD) in 2022 since launch — predicted to remain flat through 2023, according to Arcane Research (AR). Down 65% by the end of 2022, BTC performed worse on only one other occasion — in 2018, down 73% on the YTD. Source: Arcane Research Compared to gold and […]
Largest Bitcoin Asset Manager of 635,000 BTC closes down a division – Is the market in danger?
Digital Currency Group (DCG) has taken the decision to shut down its wealth management subsidiary HQ Digital. In an email statement, the company’s spokesperson cited the prolonged crypto winter as the reason for this decision. The crypto winter and economic turmoil have caused another havoc after taking down Three Arrows Capital, FTX, etc. According to […]
Blockchain Association of Singapore pushes back on token lending prohibition
The Blockchain Association of Singapore (BAS) opposes “overly restrictive” proposal by Central Bank of Singapore.
Block Fi Is the Latest Crypto Company to Go Bankrupt
It’s happened again, folks. Another digital currency company has filed for bankruptcy protection. This time, it’s Block Fi, a crypto lending platform, which was reported to be heading in this direction back in late December. Block Fi Is the Latest Crypto Firm to Crash Ironically, the company was one of the few to be “saved” […]
Biggest Movers: XMR Hits 2-Month High, ADA Extends Recent Gains
Monero slipped from an earlier two-month high, as December U.S. nonfarm payrolls (NFP) showed signs of a slowing labor market. Figures released today showed that the NFP fell to 223,000, down from a reading of 263,000 the month prior. Cardano was mostly higher, as it rose to a multi-week high. Monero (XMR) Monero (XMR) surged […]