Cryptocurrency Analysis and News Portal
Michelle is the CEO of the Association for Digital Asset Markets, which works in partnership with financial firms and regulatory experts to devise a code of conduct for digital asset markets. “2021 was the year Washington woke up to the digital assets industry. The year started with the rushed
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Hatu is the co-founder and chief strategy officer of DAO Maker, which creates growth technologies and funding frameworks for startups while simultaneously reducing risks for investors. “2021 has been a stop-start year for crypto and DeFi, as regulatory bodies have not clarified their stance on the industry. This has
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The chart below shows the recent decline in transaction counts on Bitcoin’s blockchain. In previous cycles, an initial burst of activity supported rallying prices, but recently, transactions failed to sustain any meaningful momentum, according to crypto data firm Glassnode. Original Source
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The bearish pressures facing the cryptocurrency market at the end of 2021 have continued into the first week of 2022 after the price of Bitcoin (BTC) dropped below $47,000 on Jan. 1 and the asset still faces stiff headwinds on the shorter timeframe charts. Data from Cryptox Markets Pro and TradingView shows
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Blockchain industry spending is expected to break the $11 billion mark next year thanks to the growing interest in cryptocurrency, smart contracts, and other technologies fueled by blockchain. There’s no doubt that in the previous years, the entire cryptocurrency domain had to sustain worldwide regulatory resistance until the Covid-19 pandemic
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Those expecting another Bitcoin (BTC) speculative price dip are looking in the wrong place, one of the industry's best-known analysts suggests.In a Twitter discussion on Dec. 20, Willy Woo, creator of on-chain data resource Woobull, said that popular retail exchanges will not spark a further BTC price rout.U.S. retail stays
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Bullish traders that drank the "Bitcoin to $100,000 by year-end" Kool-Aid are now coming to terms with the fact that there may be no Santa Claus rally to wrap up 2021. At the moment, the pipe dream has morphed into simple hopes that the top cryptocurrency can at least finish
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Inflation concerns and a general sense of trepidation about the future of the global economy continue to put a damper on Bitcoin and altcoin prices and currently the Crypto Fear and Greed index is solidly in the ‘fear’ zone where it has been parked since the beginning of December. Crypto Fear
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Despite higher losses, however, blockchain data suggests that some investors continue to hold bitcoin. For example, the balance of BTC on exchanges has continued to decline this year, which could mean investors prefer to hold bitcoin in their wallet instead of making it available for sale on the exchange. Original Source
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This blockchain-enabled innovation has the potential to change the global financial system by stripping transaction costs and stepping up the fight for next-level efficiency and speed. What’s more, the whole point of DeFi is that it bypasses the need for centralised licensed custodians of money: aka, incumbent banks. What this
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