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Relictum Pro Thrives in Bear Market with Its Token Price Surging 4 Times

October 22, 2022 by admin

press release PRESS RELEASE. After being listed on LBank Exchange on September 29, 2022, Genesis Token (GTN), the native token of Relictum Pro, has been witnessed by investors with an impressive 4 times price surging, indicating the great potential of the project has been further recognized by global crypto community. The global expansion of …

Study: MENA Crypto Volumes Grew Fastest Between July 2021 and June 2022 — Turkey Cements Position as Region’s Largest Market

October 8, 2022 by admin

Of the $ 566 billion in cryptocurrency transaction volume for the Middle East and North Africa (MENA) region between July 2021 and June 2022, nearly 40% went to Turkey, which kept its place as the region’s biggest cryptocurrency market, according to the latest Chainalysis data. In Afghanistan, the Taliban’s takeover has seen the …

Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January

October 1, 2022 by admin

Despite the Crypto Market Downturn, DAO Treasuries Grew by $  700 Million Since January

Since January 2022, the entire crypto economy has shed $ 1.36 trillion in value, as the market capitalization dropped from $ 2.34 trillion to today’s $ 979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed billions, …

Bittrex, Merkle Science, Bitgo Join Crypto Market Integrity Coalition

September 29, 2022 by admin

Following the introduction of the Crypto Market Integrity Coalition (CMIC) with 17 member firms last February, the organization has added eight new members. New coalition recruits include Bittrex, Merkle Science, Crystal Blockchain and Bitgo. 8 Crypto Market Firms Join Crypto Market Integrity Coalition to Improve Self-Regulation Seven months ago, 17 crypto firms announced the …

China’s Metaverse Gaming Market Might Explode to Over $100 Billion According to JPMorgan

September 14, 2022 by admin

JPMOrgan China Metaverse

Analysts from JPMorgan believe that the metaverse gaming market could explode in China even with the current state of regulation, which presents certain difficulties for adoption. Companies like Tencent, Netease, and Bilibili are JPMorgan’s picks when it comes to taking advantage of this potential growth, that at best, might pass the $ 100 …

‘No Middle Class Left,’ ‘Millions Will Be Wiped Out’ — Two Market Crash Predictions, Gas Cartels, and Whales Moving Mt Gox Coins: Bitcoin.com News Week in Review

September 4, 2022 by admin

In this week’s Bitcoin.com News Week in Review, one market strategist issues a dire warning about the U.S. economy and a large market crash that could cause a “50 to 60 percent haircut” in stocks. Further, the Russian government is reportedly making moves to create a global gas cartel with Iran. These stories, as …

While the Merge Led the Bear Market Rise, Hype Has Been Erased and Ethereum Now Leads the Slide

August 27, 2022 by admin

While the Merge Led the Bear Market Rise, Hype Has Been Erased and Ethereum Now Leads the Slide

With just over two weeks left until The Merge, ethereum’s value against the U.S. dollar has lost all the gains the crypto asset recorded leading up to the hardened date. In mid-August, ether managed to climb above the $ 2K zone but since then, the second largest cryptocurrency by market cap lost 23% …

Indian Crypto Market Is Growing: Report Shows the Country Has 115 Million Crypto Investors

August 27, 2022 by admin

Indian Crypto Market Is Growing: Report Shows the Country Has 115 Million Crypto Investors

A new report shows that India has roughly 115 million crypto investors, and the country’s crypto economy is growing despite the recent market downturn, with more than half of the crypto investors surveyed planning to increase their crypto investments in the coming six months. Indian Crypto Ecosystem Is Growing, Report Shows Cryptocurrency exchange Kucoin …

Proposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days

August 14, 2022 by admin

Proposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days

In 32 days, Ethereum is expected to upgrade from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) system after the network used PoW for seven years. While the testnets have implemented the new rules, most people envision a relatively smooth mainnet transition. However, another chain is expected to fork away from the Ethereum …

Skybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800

August 5, 2022 by admin

Skybridge Estimates Bitcoin

Skybridge Capital’s founder says bitcoin’s fair market value is about $ 40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair market value at around $ 2,800. Skybridge Capital on the Fair Values of Bitcoin and Ethereum Anthony Scaramucci, founder and managing …

Bitcoin ETFs and Open Interest From BTC Futures, Options Follow Crypto Economy’s Spot Market Decline

July 15, 2022 by admin

Bitcoin ETFs and Open Interest From BTC Futures, Options Follow BTC

Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $ 26.73 billion and over the last eight months, bitcoin futures open interest has dropped 60% down to $ 10.69 billion. Further, the bitcoin exchange-traded funds BITO and BTF have followed bitcoin’s spot market …

NFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume

July 2, 2022 by admin

NFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume

Non-fungible token (NFT) sales have managed to stay consistent this week while the crypto economy saw more losses over the last seven days. The week prior, $ 152.9 million in NFT sales were recorded across 18 blockchains and during the past week, $ 154.3 million in sales were executed. While Ethereum saw …

How Foresight Ventures Is Approaching Investments in the Current Market Environment

July 1, 2022 by admin

The Foresight Ventures founding and partnership team includes veterans of some of the top financial and technology firms dedicated to sourcing and supporting the next generation of disruptive innovations across Web3. They believe the future is multi-chain and thus the chains that find product market fit will all need partners to help expand their …

Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’

June 19, 2022 by admin

During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous year-to-date high on May 13. Cumberland Says …

Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving

June 14, 2022 by admin

Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving

After reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low of 182 exahash per second (EH/s). While bitcoin’s USD value remains under the $ 23K zone, Bitcoin’s hashrate has managed to climb back above the 200 EH/s region. Hashrate Drops …

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