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The broader crypto market recorded its second day of growth ahead of a U.S. Federal Reserve (Fed) statement on Wednesday. Prices of bitcoin, ether and other major cryptocurrencies rose as much as 7% in the past 24 hours, with memecoin Dogecoin leading gains among the biggest assets by market capitalization.Terra's
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“If you look at any two years since the digital asset ecosystem emerged, there’s no period where if you held the investment you would have lost money on it,” he said. “Most actively traded risk-mitigation strategies don’t actually outperform just holding an investment. Yes, we see a lot of volatility,
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Harmony enjoyed much of its hype in the past month with the rise of DeFi Kingdom, an integrated game, exchange, and non-fungible token (NFT) project that’s locked over $740 million worth of its native token, JEWEL, and other assets since its launch. Original Source
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Among the top ten cryptocurrencies by market capitalization, tokens of Ethereum rivals Avalanche (AVAX), Terra (LUNA), and Solana (SOL) – the so-termed ‘SoLunAvax’ trade – fell as much as 12% in the past 24 hours. Polkadot (DOT), another Ethereum rival, saw its tokens fall by 14% before seeing a slight
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Native tokens of the Fantom and Near blockchains surged as much as 20% in the past 24 hours amid a continuing trend of investors betting on the growth of layer 1 protocols. The NEAR token hit a new all-time high of $17.48 before a brief sell-off at the time of
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Last week, an NFT trader named Todd Kramer made a simple plea on Twitter.“I been hacked,” he wrote. “All my apes gone. This just sold please help me.”Kramer was referring to his cache of Bored Ape Yacht Club non-fungible tokenss – now the single most valuable franchise of crypto collectibles.
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Simultaneously, as the bill will only be a point of departure for India, our focus would also be on the following – discovering how India’s taxman claims seigniorage, the regulatory framework the advertisement council adopts, gauging the size of India’s dark web activity, and highlighting how India finds the balance
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(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin, ether moved little on Monday, as markets expect “very choppy” price moves towards the year end. Terra (LUNA) continued its impressive gains since last week.Technician’s take (Editor’s note): Technician’s Take is taking a hiatus today. In its place,
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In an annual report published on Friday, the United States Financial Stability Oversight Council, or FSOC, voiced its concern over the adoption of stablecoins and other digital assets. Regarding stablecoins, the FSOC said consumer confidence could be undermined by factors such as illiquidity, lack of appropriate safeguards, opacity regarding redemption rights
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Crypto markets took a tumble in early European hours as financial regulators in the U.S. and U.K. took measures to curb growing inflation concerns earlier this week.Bitcoin followed a slide in global technology stocks, falling nearly $1,000 in Asian hours on Friday. Sentiment was dented after the Bank of England
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