Category: Ethereum

Bitcoin Dominates Institutional Capital Flows As Investors Accumulate Ethereum, Solana and Cardano: CoinShares

Digital asset manager CoinShares says Bitcoin (BTC) is taking the lion’s share of institutional capital as sentiment in the crypto markets remains upbeat. In their weekly report, CoinShares says that the total amount of crypto assets under management (AUM) is only 5% away from setting all-time highs due to recent positive price action.   The

Bitcoin Appears Ready for Q4 Price Rise As Demand for Ethereum Outpaces Supply: Bloomberg Analyst Mike McGlone

Bloomberg Intelligence’s senior commodity strategist Mike McGlone says Bitcoin (BTC) could be in for a “price rise” during the fourth quarter thanks to several fundamental catalysts. The analyst says a wide swath of investors concerned about debt and inflation may be ready to place their faith in the underlying technology that gives Bitcoin its hard

Chess grandmaster Magnus Carlsen awarded NFT trophy after tournament win

For the first time in chess history, grandmaster Magnus Carlsen has been awarded a nonfungible token (NFT) trophy for winning an international chess tournament, Meltwater Champions Chess Tour (MCCT). The tournament minted a number of NFT trophies and collectibles to indefinitely preserve the game’s most defining moments.  Speaking to Cointelegraph, Carlsen shared his appreciation of

Ethereum Creator Vitalik Buterin Critiques El Salvador’s New Bitcoin Policy

Ethereum creator Vitalik Buterin says the crypto community should examine the merits of El Salvador’s new Bitcoin policy. Last month, El Salvador became the first country in the world to adopt Bitcoin as legal tender despite widespread protests and surveys showing much of the population wasn’t on board. Salvadoran President Nayib Bukele spearheaded the move.

It should be made easy for first-time buyers

Whether it’s baseball players or shiny Pokemon cards, collectibles have been a cultural mainstay in human behavior since the Renaissance. Memorabilia from famous films or items of clothing worn by a celebrity can be auctioned and sold for eye-watering amounts. Take the prototype Batmobile from the 1960s Batman TV show, it was sold for $4.2

DeFi picks up the pace as alternate blockchains and NFTs boom

As September ended, the cryptocurrency markets recovered from the so-called “September curse” handsomely to hit a market capitalization of $2.32 trillion. The decentralized finance (DeFi) market has been an integral part of this growth. The total value locked (TVL) in DeFi protocols grew more than 20%, from $113.5 billion on Sept. 28 to hit $137

DEXs come to the rescue after China bans crypto

Over the past few months, there have been some major developments coming out of China that have rocked the cryptocurrency market and the global financial markets. China’s Evergrande debt repayment crisis sent shockwaves throughout global equities markets, as well as the United States Securities and Exchange Commission’s (SEC’s) consistent signaling of upcoming regulation for stablecoins

Ethereum risks drop below $3.2K as ETH price faces heavy resistance

Ethereum’s native token Ether (ETH) is at risk of falling below $3,200 in the coming sessions as its rally comes face-to-face with a strong resistance zone. In detail, the price of Ether swelled by almost 22% on a month-to-date timeframe in the wake of a market-wide price rally. That pushed the second-largest cryptocurrency by market capitalization