ZIL was down by as much as 10% to start the week, as prices continued to fall following recent highs. LINK was also predominantly red on Monday, as it marginally fell below the long-term support level, hitting a one-month low in the process. Zilliqa (ZIL) ZIL was one of the biggest crypto movers on Monday,…
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In this week’s DeFi newsletter, we look at the growing market of MetaMask, Polygon’s pledge to go carbon neutral, and more. The decentralized finance (DeFi) world saw another week of increased on-chain and developer activity while token prices entered the second week of the bear market, with many of the tokens bleeding in double digits…
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The precious metal is stealing the limelight as Bitcoin languishes under $40,000 after the Easter weekend. Bitcoin (BTC) is in line for a relief bounce but still risks dropping all the way to $30,000 before May, a new analysis warned on April 18. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $30,000 dive is April “risk”…
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Will Coinbase’s latest efforts help to level the user playing field? Perhaps, but more adoption, liquidity and regulation will also be needed. It has long been believed that investors possessing inside knowledge help drive cryptocurrencies’ price volatility, and a number of academic papers have been published on this topic. This is why Coinbase’s intention to…
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The Ethereum Foundation (EF), the organization responsible for allocating financial support within the Ethereum (ETH) ecosystem, had USD 1.3bn invested in crypto as of the end of last quarter, with the vast majority of that held in ETH, according to the foundation’s latest report…. Read More: Ethereum Foundation’s Crypto Holding Made Up of 99%…
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United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE’s digital economy and virtual assets initiatives. First Projects Already Underway The UAE airliner Emirates has said it will soon launch non-fungible tokens (NFT) and “exciting experiences…
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Bitcoin price failed to stay above the USD 40,000 pivot level and extended decline below the USD 39,200 support level. It is currently (12:00 PM UTC) trading below USD 39,100 and might decline below USD 38,500. Similarly, most major altcoins are gaining bearish momentum. ETH declined below the USD 2,920 support level while XRP…
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Web3 has given rise to generative NFTs that allow both fans and creators to tell stories across different mediums. Nonfungible tokens (NFTs) have come a long way in a relatively short period of time. In 2017, the NFT project CryptoKitties made headlines as the largest decentralized application on the Ethereum network. While CryptoKitties accounted for…
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Russia-linked crypto exchange Exmo will no longer provide services to users from Russia, Belarus and Kazakhstan. London-based cryptocurrency exchange Exmo is the latest crypto trading platform to formally suspend its business in Russia and Belarus due to Russia’s invasion of Ukraine. Exmo is selling its digital asset business in Russia and Belarus to a Russia-based…
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This is the inaugural monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more. Crypto market performance In late March, BTC tested $48,000, a key resistance level which had not been reached since September last year.…
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