Cryptocurrency Analysis and News Portal
Brian Armstrong, CEO of Coinbase — the largest cryptocurrency exchange in the United States — reportedly made a multi-million-dollar real estate purchase at the end of 2021.Armstrong bought a $133-million Los Angeles property from Japanese entrepreneur Hideki Tomita in December, The Wall Street Journal reported on Monday, citing anonymous people
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CRV, the governance token of decentralized exchange (DEX) Curve.Fi, is extending its five-month winning streak as the battle between DeFi protocols for control leads to a demand-supply imbalance.CoinDesk data shows CRV has gained 23% this month, with prices rising 12% to $6.56 in the past 24 hours. The token rallied
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Decentralized finance (DeFi) liquidity provider WOO Network has secured additional funds in a Series A funding round.Incubated by quantitative trading heavyweight Kronos Research, WOO Network has pocketed an additional $12 million strategic investment in a a Series A+ funding round led by Binance Labs. The fresh funding, announced by Binance Labs
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Bitcoin (BTC) exchange reserves are back near record lows as 2022 sparks renewed appetite among buyers.Data from on-chain analytics firm CryptoQuant shows reserves across 21 exchanges at 2.308 million BTC as of Jan. 4.Exchanges return to overall BTC balance downtrendLate December saw a macro low of 2.303 million BTC left
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WOO Network provides liquidity to over 40 institutions, exchanges, trading teams, wallets and decentralized applications. The company’s products include WOO Trade, a platform for institutional investors, and the retail-focused WOO X, which combines zero-fee trading and deep liquidity. Source
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New York-based crypto predictions platform Polymarket has reached a settlement with the Commodity Futures Trading Commission (CFTC) to pay a fine of $1.4 million. Polymarket is a decentralized platform that enables users to bet on the outcomes of event markets such as pro-sports games and political elections via binary options
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Although 2021 was a good year for the cryptocurrency industry in terms of market performance, the number of jurisdictions banning crypto has more than doubled since 2018.A report by the Library of Congress (LOC) details the nine jurisdictions that have now applied an absolute ban on crypto and the 42
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(Edited by Greg Ahlstrand)Good morning. Here’s what’s happening:Market moves:Bitcoin opened lower on the first trading day of U.S. equities market, while the stock market gained with Apple briefly hitting a $3 trillion market capitalization.Technician’s take: Price indicators suggest limited downside for BTC over the short-term as selling pressure slows.Catch the
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Bitcoin (BTC) crisscrossed $47,000 on Jan. 3 as the first Wall Street trading days of 2022 got off to a modest start.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEthereum steals the limelightData from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a narrow range as the week began, with traders
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A blockchain indicator tracking the flow of coins in and out of centralized exchanges is signaling a bearish shift in investor sentiment similar to the one seen before the May 2021 crash.Glassnode data shows the 90-day moving average of net exchange flows has turned positive, meaning more coins are entering
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