Cryptocurrency Analysis and News Portal
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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ALSO: CryptoX analyst Glenn Williams explains the significance of bitcoin funding rates' 10-day, positive streak; bitcoin rebounds above $24K. Source
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Non-fungible token (NFT) sales rose slightly last week, increasing 1.23% to $232.49 million in recorded sales. The top two NFT collections, Otherdeed and Doodles, saw growth of 44% to 58% compared to the previous week. Ethereum continues to dominate the NFT industry, accounting for more than 81% of total sales
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Balancer’s native token, BAL, appears to be holding up despite the platform’s ongoing security issues. On Friday, Jan. 6, the DeFi project tweeted a statement asking liquidity providers on its platform to withdraw their tokens from certain pools valued at $6.3 million. Via their official Twitter handle, the decentralized exchange stated
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Quick take: Dr. Nouriel Roubini is reportedly working on a tokenized asset that is more resilient than the US dollar He is working with Dubai-based Atlas Capital Team LP Dr. Roubini emphasizes that the token will be backed by real assets, a mixture of short-term US Treasuries, gold, and US property His involvement in
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"The [European Union] is not ready for a gas embargo, but it imposed a ban on Russian coal after the massacre in the Ukrainian town of Bucha. And the high probability of an agreement on oil underscores how much the war in Ukraine has forced Europe to rethink its reliance
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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The leading cryptocurrency changed hands near $42,700 at press time, a gain of about 4% on the day. A drop to $41,000 after Powell's comments was short-lived, and the prices rose to $43,350 early today. Futures tied to the S&P 500 are pointing to a 0.32% gain. The index was
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The crypto exchange said a more convincing recovery is possible once investors have more clarity on the Fed’s plans, Original Source
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Bitcoin trades were steady as commodity prices rallied on Monday, hinting at higher inflation ahead. However, the resilience to the escalating Ukraine-Russia crisis may prove fleeting as demand for the U.S. dollar, the global reserve currency and one of the most liquid asset globally, is rising. Source
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