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While it seems OpenSea is keeping pace with January’s total volume of $5 billion by generating over $1.3 billion in total volume the last 7 days, the number of active users has decreased by more than 30% according to data from Dune Analytics. Are we beginning to see a lull in trader activity as a
A top crypto analyst and trader is issuing a warning that Ethereum (ETH) and other altcoins could see lackluster performances as Bitcoin (BTC) continues to rally. Pseudonymous analyst Credible tells his 307,500 Twitter followers that he believes Bitcoin is in the midst of its fifth-wave rally, where BTC potentially prints a new all-time high around
In response to institutional investors’ concerns about the risks of trading in a new asset class, TMX Group, Canada’s major stock market operator, has revealed plans to launch its first-ever crypto futures product. While speaking to Reuters, TMX Group’s John McKenzie said that the firm plans to release the product on the Montreal Exchange later
Bitcoin (BTC) has recovered close to $44,000, indicating that the downtrend could be coming to an end. However, the price may not rally to the all-time high in a straight line. This means bulls are likely to face several hurdles in-between and the price action may remain volatile. JPMorgan analysts said in a recent investor
The Canadian arm of Big Four auditing firm KPMG is adding the two largest crypto assets to its balance sheet. KPMG in Canada says that allocating Bitcoin (BTC) and Ethereum (ETH) to its corporate treasury is the auditing firm’s “first of its kind” investment in cryptocurrencies. “We have just completed an allocation of crypto assets
A new era in the world of crypto-inspired merch is here. The Cointelegraph Store is live and ready to outfit you with swag you can’t find anywhere else. Check out what we’ve been up to here. We specialize in one thing: products created exclusively for the crypto-converted. The HODLer. The nonfungible token (NFT) collector. The
The Metaverse is quickly becoming one of the biggest trends of 2022. Recent data found that the metaverse sector currently has a market capitalization of over $26 billion. While impressive, new capabilities are also being added to virtual worlds to create more immersive experiences. For example, metaverse communities that cater to creatives are starting to
A widely followed crypto analyst is making the case for why a popular layer-1 smart contract platform’s rise against the top two cryptos could lead to more gains in the future. In a new strategy session, Benjamin Cowen tells his 709,000 YouTube subscribers that Avalanche (AVAX) has been moving higher in comparison to Ethereum (ETH)
The price of Ether (ETH) has pulled back to retest $3,000 support levels on Feb. 9 after Ethereum’s native token reached a three-week high. ETH price climbs to three-week high To date, ETH price has recovered by roughly 50% after the ETH/USD trading pair bottomed near $2,150 on Jan. 24. ETH/USD daily price chart. Source: