Cryptocurrency Analysis and News Portal
The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900 billion mark on Jan. 12.While the 15.5% year-to-date gain sounds promising, the level is still 50% below the $1.88 trillion crypto market cap seen before the Terra-Luna ecosystem collapsed
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Wyre has assured the crypto community that it is ready to resume regular operations.Crypto payment platform Wyre has removed its withdrawal cap after securing additional funding from a strategic partner. Recall that a few days ago, Wyre imposed a 90% withdrawal limit on its users. The company also laid off
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Crypto payment platform Wyre has lifted the 90% withdrawal limit it placed on its users earlier this week after securing additional funding. On Jan. 13, the San Francisco-based fintech firm announced that it had received financing from a “strategic partner” that allows it to continue the normal course of operations, including
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Bitcoin (BTC) has clocked eight straight days of increasing prices and has surged back above $18,000 for the first time since mid-December.The cryptocurrency hadn’t recorded such a prolonged winning streak since July 2021, at the height of the COVID-19 pandemic. Seven day Bitcoin price chart. Image: CoinMarketCapOver the last seven days,
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In its latest quarterly update, Grayscale announced the rebalancing of funds for the fourth quarter of 2022. As part of the rebalancing, Grayscale sold off a certain amount of its Digital Large Cap Fund and dumped its held tokens, including Avalanche Network token AVAX. AVAX has slipped by 2% following the
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Litecoin has kicked off 2023 to a bright start as the crypto has surged 7% in the last 24 hours and has climbed to 12th on the market cap list. Litecoin Starts 2023 On A Positive Note 2022 was a terrible year for the entire cryptocurrency sector as the long bear market
Read MoreBitcoin price dipped approximately 6.6% in the past 24-hours according to metrics provided by CoinGecko. Bitcoin price experienced a sharp decline on March 24 to trade below $52k, consequently, its market cap dipped below the $1 trillion levels to approximately $968 billion at the time of writing according to CoinGecko. However,
Read MoreBitcoin (BTC) has recently seen ample interest from a number of mainstream companies and persons, such as billionaire hedge funder Paul Tudor Jones. This could be the beginning of a new wave of Bitcoin buyers, according to Brian Estes, chief investment officer and managing partner at Off The Chain Capital —
Read MoreA new report predicts Tether could surpass Ether’s market cap by the end of next year, paving the way to mainstream adoption of stablecoins and central bank digital currencies (CBDCs). According to Bloomberg’s Crypto Outlook report for Q4 2020 written by Senior Commodity Strategist Mike McGlone, Tether (USDT) is likely
Read MoreThe decentralized finance (DeFi) bubble continues to deflate, with crypto market data firm Sentiment reporting a 25% crash in the market capitalization of DeFi assets during yesterday alone.In a blog post published Oct. 8, Santiment estimated that daily DeFi token trade volumes have fallen by 30% combined, while recent market
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