Category: Ethereum

Bloomberg analyst Mike McGlone is convinced Bitcoin is on track to reach $100K in 2022, as it completes its transition from a risk-on to risk-off asset.  While the Fed is planning to raise interest rates to fight inflation, risk-on assets like crypto may suffer, as people would likely prefer to invest in fixed-income assets like

Bitcoin (BTC) rebounded strongly from $41,000 during Jan. 20 as bears hoping for a step into lower territory stayed disappointed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD adding $1,000 after dipping to near the $41,000 mark for the first time since Jan. 11. In what could be

A closely followed crypto strategist is predicting what’s in store for Bitcoin (BTC) and smart contract platforms Ethereum (ETH) and Solana (SOL). Pseudonymous crypto analyst Pentoshi tells his 475,500 Twitter followers that while he’s bearish on BTC, he expects it to bounce before continuing its corrective trend. “BTC. Bias is still this for the lower

The Monetary Authority of Singapore has reportedly decided to shut down cryptocurrency automatic teller machines in the city-state. According to Bloomberg, to comply with new regulations issued by the Monetary Authority of Singapore (MAS), Singapore’s central bank, cryptocurrency ATM operators in the country were forced to shut down their operations on Tuesday. The new clampdown

Opera, the Norway-based company behind the popular internet browser, has released the beta version of its new Crypto Browser Project. This crypto browser aims to facilitate the user experience of browsing DApps, games and metaverse platforms by offering direct access to Web3 services for Windows, Mac and Android users.  The current Opera browser boasts a

Circle’s USD Coin (USDC) has reached a major milestone by surpassing Tether (USDT) in total supply on the Ethereum network. USDC’s current supply on Ethereum as of writing is 40.06 billion tokens, just ahead of USDT’s supply of 39.82 billion. Tether has been the most popular stablecoin since at least 2016, after originally sharing the

Bearish sentiment among institutional investors in the crypto markets appears to be cooling despite millions of dollars in outflows from digital asset investment products. According to digital asset manager CoinShares, crypto investment products suffered outflows of $73,000,000 last week, the fifth week of outflows in a row. “Digital asset investment products saw outflows totaling a weekly

OpenSea announced Tuesday the acquisition of Dharma Labs, a cryptocurrency lending platform and digital wallet, for an undisclosed amount. According to the statement, Dharma Labs would effectively shut down and its co-founders, Nadav Hollander and Brendan Forster, will become OpenSea’s new chief technology officer and its head of strategy, respectively. OpenSea claimed this acquisition will

An autonomous bot that’s been outperforming the cryptocurrency market by using data from weekly surveys of traders indicates that several altcoins are gobbling up market share from crypto titans Bitcoin (BTC) and Ethereum (ETH). The Real Vision Bot was co-developed by quant analyst and hedge fund CEO Mortiz Seibert as a way to obtain signals

In this week’s episode of “The Market Report,” Cointelegraph’s resident experts showcase where to find some of the best stablecoin yields in decentralized finance, or DeFi. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the