Cryptocurrency Analysis and News Portal
The crypto economy has slid in value 2.9% during the last 24 hours and bitcoin slipped under the $46K price zone on Monday. Furthermore, the top ten digital currencies have lost anywhere between 3% to 7% in value during the last day following bitcoin’s price slide. Top Ten Crypto Coins
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“The sell wall at $49,200 has muted all attempts to push higher and get the market believing again,” Matt Blom, head of sales and trading at the digital-asset firm Eqonex, wrote Thursday in a newsletter. “Hopes and dreams of BTC north of $100,000 have been shattered.” Original Source
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“Bitcoin’s drop definitely adds some pressure, as does thin year-end markets (credit, equity and commodities),” Ostwald said. Steve Hanke, a professor at Johns Hopkins University in Baltimore, voiced similar opinion on Twitter, while drawing attention to widening El Salvador-U.S. yield spreads. Original Source
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During the last 24 hours, the crypto economy has lost 8% in value as a great number of crypto asset prices dropped significantly during the overnight trading sessions. Crypto markets lost more than $22 billion in value as the leading digital currencies in the top 20 standings lost anywhere between
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During the last week, the price of bitcoin has been hovering below the $60K range and digital currency advocates are wondering which way the market is headed next. At the time of writing, the crypto economy is valued at $2.81 trillion and bitcoin’s market dominance has sunk below the 40%
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On Friday, the Valkyrie Bitcoin Strategy Exchange-Traded Fund (ETF) launched on Nasdaq under the ticker BTF and dropped in value not too long after the ETF first came out of the gate. The second bitcoin ETF to launch in the United States followed bitcoin’s spot price movements on Friday, as
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Bit Digital (Nasdaq: BTBT) announced an $80 million private placement to sell stock to institutional investors. The share price fell 14% to $6.80 as of 14:00 UTC.The bitcoin mining company agreed to sell 13.5 million ordinary shares and warrants for another 10.1 million shares. The combined purchase price of one
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“Huobi Global will gradually retire existing Mainland China user accounts by 24:00 (UTC+8) on Dec 31, 2021, and ensure the safety of users’ assets,” the exchange’s official statement published early today said. “We will inform users of the specific arrangements and details through official announcements, e-mails, text messages, etc.” Source
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According to leaked documents reviewed by CoinDesk, Chainalysis, the largest of the blockchain tracing firms, owns and operates “walletexplorer.com.” Like other block explorers, the service lets anyone view the history of public cryptocurrency wallet addresses. Chainalysis figures that bad actors would use its site to check transactions without fear of
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Following the successful Alonzo hard fork, the Cardano network now has a large swathe of new smart contracts. However, developers must wait to use them as they are locked in a timelock contract. At the time of writing, metrics show an aggregate total of 2,352 smart contracts since the
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