Cryptocurrency Analysis and News Portal
Bitcoin briefly touched $38,000 on Friday morning for the first time since May 2022 amid quiet trading in traditional markets on the day after the U.S. Thanksgiving holiday. The cryptocurrency has since retreated slightly, but remains 1.5% up on the day, with some observers predicting it will climb higher in
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Decentralized oracle network Chainlink has downplayed a recent change in the number of signers required on its multisig wallet — a move that garnered backlash on social media from vocal critics.Crypto researcher Chris Blec was among a number of users on X (formerly known as Twitter) who called out Chainlink
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It’s been a bit of a choppy ride for the cryptocurrency market this past quarter, coming off a strong first quarter. Over the past three months, the CryptoX Market Index (CMI), which spans over 90% of the crypto market capitalization, appreciated 2.2%, while both bitcoin (BTC) and ether (ETH) outperformed
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Bitcoin (BTC) and ether (ETH) were little-changed on Monday, but a number of crypto gainers from last week were pulling back. In macro news to come this week, investors will be focusing on U.S. inflation figures on Wednesday for signals regarding the Federal Reserve’s next move. Since breaking above $30,000
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PLUS: Dismissing the very real prevalence of Ponzi schemes in GameFi isn't a good look for Web 3. Source
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Just two months after the collapse of FTX, Genesis is following suit.Against an increasingly disheartening backdrop of “Big Cryptos” going bust, Barry Silbert’s cryptocurrency lender, Genesis Global Holdco, is the latest firm to file for bankruptcy, and if things always come in three, it might not be the last. Genesis
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A year of steep declines in crypto markets brought another unwanted element – a dramatic increase in scams including “rug pulls.” Source
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Bitcoin traders will have to be data-dependent, just like the central bank. Source
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Senior [European Union] officials are expected to sign off on the oil embargo in the coming days, raising the intensity of the bloc’s economic retaliation against Russia for the war in Ukraine. Leaders of EU member states said late Monday they had agreed in principle to ban Russian crude and
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Bitcoin has been struggling to hold on to the $30,000 level for the better part of this week, failing more often than not. While there have been various reactions from different parts of the market such as the ETFs, perpetual traders seem to have taken this as a sign to
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