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A popular crypto analyst is setting price targets for three crypto assets as the markets try to bounce back from a shaky start to 2022. In a new strategy session, the host of financial education YouTube channel InvestAnswers shares with his 407,000 subscribers a Bitcoin (BTC) chart from CryptoStackers founder Forrest Przybysz. The chart features

Nonfungible tokens (NFTs), gaming protocols and the dawn of the Metaverse were all trending topics in 2021 and they are shaping up to be even bigger in 2022.  NFTs and Metaverse-related projects are also bouncing back quickly from the market-wide downturn and Vulcan Forged (PYR) is one of the top movers this week. The project

Institutional investors appear to be dipping their toes back into the crypto markets to get in on lower price levels, according to a new report. Digital asset manager CoinShares says investors are cautiously adding to their crypto portfolios. “Digital asset investment products saw inflows for a second week totaling US$19m last week, while small, it

Bloomberg senior commodity strategist Mike McGlone says he’s long-term bullish on Bitcoin (BTC) and Ethereum (ETH) as he notes both crypto assets are still in their “early adoption” days. In a tweet, McGlone says that the top two crypto assets by market cap are flashing signs of long-term health. “Bitcoin and Ethereum remain in early

On Monday, the first cross-chain governance proposal passed on decentralized finance, or DeFi, borrowing and lending platform Aave (AAVE). According to DeFi Llama, the amount of total value locked on Aave is approximately $12 billion. As told by its developers, a proposal executed on Aave, which is built on the Ethereum (ETH) network, was sent to

ConsenSys announced Tuesday that it had acquired MyCrypto, the Ethereum wallet interface provider, adding it to the software company’s product suite. Its intent is to merge MyCrypto with the ConsenSys-owned MetaMask wallet, to “improve the security of all the products and create a cohesive user experience across desktop, mobile, extension and browser wallets.” We are

In 2020, newly launched NFTs projects experienced costly gas wars that are gas priority auctions where buyers battle to secure their spot on the next block, potentially losing ETH to failed transactions. In 2021 digital scarcity and utility drove the NFT hype in the constantly surging markets and toward the end of the year, how

“The Market Report” with Cointelegraph is live right now!  In this week’s show, Cointelegraph’s resident experts discuss which play-to-earn games have the potential to dethrone Axie Infinity. But first, market expert Marcel Pechman carefully examines the BTC and ETH markets. Are the current market conditions bullish or bearish? What is the outlook for the next

According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last August, a portion of fees is taken out of circulation for every transaction that occurs on the Ethereum blockchain. While sending and receiving ETH does