Cryptocurrency Analysis and News Portal
BTC briefly accounted for almost 42% of the overall crypto market cap in late January, according to the statistics from CoinMarketCap and TradingView.Bitcoin (BTC), since the jump, has been the biggest thing in the crypto scene. Its dominance for some time was unrivaled as the digital coin somewhat decided the
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Ethereum extended decline below the $2,400 support zone against the US Dollar. ETH price is recovering, but it must clear $2,550 for a steady upward move. Ethereum extended decline below the $2,500 and $2,400 support levels. The price is trading below $2,500 and the 100 hourly simple moving average. There is a key
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Decentralized finance (DeFi) is one of the fastest-growing sectors of the crypto industry, with $92 billion worth of crypto assets currently locked in peer-to-peer powered protocols – up 196% over the last year.This growth can largely be attributed to the many lucrative, high-interest earning opportunities available across DeFi lending and
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Singapore and China’s Silicon Valley, the city of Shenzhen, are building what is likely the world’s first blockchain-based network for a cross-border trade data exchange between two major economies.Red Date Technology, the architect of China’s internet of blockchains, is working with the Shenzhen Municipal Government and Singapore’s Infocomm Media Development
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From the very beginning of the cryptocurrency movement, the societal potential of Bitcoin (BTC) has been one of the fundamental selling points. The decentralized design of crypto-based systems introduces the possibility of bringing individuals together to work toward shared goals, as well as enabling them to pool resources while remaining
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The cryptocurrency community has raised concerns about Mari Coin, a new token supposedly related to the LGBT+ community, with some people even suspecting the project to be a scam.Launched in December 2021, MariCoin promises to enable a “social, ethical, transparent and transversal means of payment” targeting the global “pink economy,”
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Catch up on nonfungible token (NFT)-related news this week as Cryptox rounds up the stories you don't want to miss. Bored Apes gets cast in an TV seriesThe Red Ape Family (TRAF) is a new animated comedy series centered on Bored Ape Yacht Club (BAYC) NFTs. Episodes are sold as individual
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December has turned out to be a red month for bitcoin and other indexes as sell-offs have rocked the crypto space. Bitcoin and altcoins alike have recorded numerous losses tied to investors selling off their holdings and hunkering down for what looks to be the beginning of a drawn-out bear
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NFTs are on a clear collision course with artificial intelligence, which will in theory unlock all sorts of new utilities, including AI-driven avatars that can hold conversations.However, because few people understand how this type of AI works, it’s alarmingly easy to hoodwink buyers. Recently, a handful of so-called “smart” or
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“The long-term bull case remains for bitcoin, but everything in the short-term seems bearish,” Edward Moya, senior market analyst at Oanda, said in an email. “Bitcoin will need to overcome growing expectations for a stronger dollar, an extended altcoin season and short-term bearishness for risk assets as Omicron derails reopening
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