Cryptocurrency Analysis and News Portal
"According to the latest Bank of America Fund Manager Survey, the most crowded trade at the moment is still 'long big tech.' This has repercussions for the crypto market, not necessarily good ones," Noelle Acheson, author of the popular Crypto Is Macro Now newsletter, said in Thursday's edition. Source
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The fall of crypto exchange FTX, while unprecedented, has little reason to damage the Solana ecosystem, Yakovenko said, even though FTX founder Sam Bankman-Fried was a vocal proponent of Solana, voicing support for multiple network applications via token listings, investments and promotions. Source
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Crypto’s presence is being felt in the race for Oregon 6 with or without the West NFTs. Another top contender, Oregon State House Rep. Andrea Salinas, once voted to bar blockchain applications from all public services in the state, according to West. Another candidate, Cody Reynolds, is a crypto investor
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“In terms of the market share that we’re trying to carve out, we’re providing a home to retail users where they can come in and possibly deposit a whole basket of assets and hope to have earned some yield on those assets, and on the trading side, being able to
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The cryptocurrency industry is expanding at a fast pace. Hundreds upon hundreds of projects are being launched on a daily basis, promising to become the next big thing. While some of these startups make strides to expand the utility of their networks, others are trying to gain some visibility in
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Data shows that on Monday crowded Bitcoin shorts have lead to the largest recorded squeeze in the history of the cryptocurrency. Bitcoin Records Largest Short Squeeze Ever As per an Arcane Research report, BTC has recorded the largest squeeze in its history where $750 million worth of shorts have been liquidated. Here is
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Ether reached new highs, more people than ever are “long bitcoin” and a debate over bitcoin’s energy consumption is raging. Top shelfOut of the ether?Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, hit a fresh high of $1,439.33, up $19 from a previous record level of $1,420 in 2018.
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Today, a freshly-announced partnership between the music-focused blockchain protocol Utopia Genesis Foundation and digital securities issuance platform STOKR makes it clear that the two companies are looking to heat up competition in the increasingly crowded blockchain-backed music space.In a press release from Utopia Genesis, the company laid out a series
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Ferrari sells cars so it can go racing; Bequant built a crypto exchange to get into prime brokerage. That’s the analogy offered by the firm’s head of institutional services, Alex Mascioli, when asked about a new banking relationship with Signature’s blockchain-based payments platform, Signet, first revealed to CryptoX this week. Prime brokerage,
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Gold bull Dennis Gartman is moving out of gold because the market has become “too crowded.”In an interview with Bloomberg on Thursday, Gartman said he was “social distancing” from the precious metal until such a time when the price falls to around $1,775.“Too many people all of a sudden
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