While money returns to the crypto market, derivatives data shows that investor confidence is strengthening as the market forms a bottom, signaling a possible trend reversal. The Tether/CNY premium and CME futures basis have recently flipped bullish, indicating a positive investor attitude. Over last week the total capitalization of the crypto market raised 10% to…
There is perhaps nothing in this world as pointless as making predictions for the blockchain business. Prognoses that “BTC will reach $ 100,000 by the end of … 2018 … 2019 … 2020 … 2021” seem unending. So we will try to simply point to a few of the most important things to look forward…
Breaking crypto news from the last week (Jan. 29 – Feb. 4, 2022): Jan. 29: Bahrain-based crypto exchange CoinMENA has obtained a cryptocurrency license from the European Union. As a result, CoinMENA will now be able to expand to new jurisdictions in the MENA region and beyond, as well as increase the number of crypto…
Ethereum – the second most important cryptocurrency and the basis of most DeFi projects – faced a crisis last year. While more projects are still being launched on Ethereum, they experience difficulties due to poor scalability, low bandwidth, and expensive transactions. Ethereum (ETH) is perhaps the most important cryptocurrency in the world when it comes…
Bitcoin and other cryptocurrencies rallied on Friday, reversing losses from a few days ago. Ether (ETH), the world’s second-largest cryptocurrency, gained 13% over the past 24 hours, while an 11% rise in BTC and the NEAR token surged as much as 20%. The rise in altcoins relative to Bitcoin could reflect a greater appetite for…
The Dogecoin team is turning the most famous meme coin into a serious crypto project, as the Dogecoin Foundation, together with Vitalik Buterin (the creator of Ethereum), has announced the first-ever DOGE roadmap for 2022. The main point outlined there is Dogecoin switching to the Proof-of-Stake algorithm. Ever since its inception in 2013, the Dogecoin…