Cryptocurrency Analysis and News Portal
A mysterious Redditor has made a data-driven prediction that the next major phase of development in the blockchain space will be in layer-2 solutions, primarily on Ethereum.The May 22 post explains that “We’re at a turning point” where the industry is moving away from bridging between L1 blockchains towards L2’s
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Crypto venture capital firms have been investing at unprecedented rates recently and Andreessen Horowitz is one of the industry’s leaders making huge returns on their investments.Andreessen Horowitz (a16z) general partner Chris Dixon has topped the Forbes “Midas List” of the world’s best venture capital investors in 2022.Seldom does a crypto
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A pseudonymous collector withdrew 104 CryptoPunks from Sotheby's. What does it mean for the future of splashy NFT auctions? Original Source
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A rebound move witnessed in the Solana (SOL) market this weekend exhausted midway as its price dropped below the $90 level from a high of $96 on Feb. 21. In doing so, SOL price technicals are now risking a classic bearish reversal setup.Solana price risks dropping to $60Dubbed head-and-shoulders (H&S),
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Amid record inflation and a constant devaluation of their local currency, Brazilians are turning to cryptocurrencies and, in particular, stablecoins as never before.According to Receita Federal, the Brazilian tax authority, between January and November 2021, locals traded $11.4 billion in stablecoins and almost tripled the total traded in 2020. Stablecoins
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Previously anti-crypto investors are increasingly turning to Bitcoin and its brethren as a hedge against fiat currency inflation concerns.One example is Hungarian-born billionaire Thomas Peterffy who, in a Jan. 1 Bloomberg report, said that it would be prudent to have 2-3% of one’s portfolio in crypto assets just in case
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The Bitcoin leverage ratio is showing a sell signal right now, indicating that the market could turn bearish, at least in the short term. Bitcoin Leverage Ratio Says Not A Good Time To Buy Right Now As pointed out by a CryptoQuant post, the estimated leverage ratio indicates that this might not
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EOS rallied in May after Block.one, a blockchain software firm, announced a $10 billion funding round to build an EOS-based crypto exchange platform called Bullish. The EOSIO development company revealed that it had raised capital from Peter Thiel and Mike Novogratz, as well as hedge fund managers Alan Howard and
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Goldman Sachs found out that 15% of respondents in a survey of over 150 global family offices are already exposed to the crypto market.A recent survey conducted by Goldman Sachs Group Inc (NYSE: GS) reveals nearly half of the family offices the bank works with want to add digital assets
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Replying to remarks over the lack of dapps running on Cardano, IOHK CEO Charles Hoskinson responded by saying demand is so high his firm cannot handle the applications flooding in. In many cases, as a strategy to cope with the demand, applications are being rejected. Some Thoughts on DApps https://t.co/0rHRxdblPP — Charles
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