Let’s cut to the chase: Glassnode thinks we’re in a bear market. In their latest “The Week On-Chain” newsletter, the company tries to “establish the likelihood that a prolonged bear market is in play” by “using historical investor behaviour, and profitability patterns as our guide.” One thing’s for sure, the recent crash was severe, and…
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Non-fungible tokens, NFTs, continue to make waves within the crypto ecosystem as an excellent means for profitability. As a result, many new and recent collections are rising as headlines through their massive accumulation of funds. One of the trendy NFTs is Ghozali’s from an Indonesian youth who has sold over 1,000 selfies as NFTs on…
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Bitcoin has had a rollercoaster of a month in January. The digital asset which enjoyed much success in 2021 has walked into 2022 with bloody feet. Since then, it has managed to crumble more than 50% of its $69K all-time high. As nerves run high, investors scramble to make sense of when the onslaught will…
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Following the crash to $35k, the Bitcoin open interest has declined to September 2021 levels. This may suggest that the market volatility will be lesser in the near future. Bitcoin Open Interest Drops To Similar Levels As In September 2021 As pointed out by an analyst in a CryptoQuant post, the BTC open interest has…
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ICICB Group, a renowned technological investment management company, has announced its plan to launch its Metaverse at the Blockchain Innovation Summit in Dubai. The development team is getting ready to launch into the world of virtual reality. Metaverse initiatives will be a game-changer in the crypto industry, and the Group envisions its future implementation of…
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Bitcoin has dropped to a low of $33,064 and could go further due to the negative sentiment that is permeating the markets. Robert Kiyosaki, an American businessman and author, is unconcerned with the recent price dip in the Bitcoin market. He called bitcoin’s drop “great news” and promised to increase his exposure to the commodity…
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The current market crash is no doubt one of the hardest to hit in recent times. Bitcoin as well as other digital assets have suffered massive dips as a result of the crash. For Bitcoin, the pioneer cryptocurrency has had more than 50% of its all-time high shaved off in the last two months. This…
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Decentralized financial ecosystem, Timechain announced the launch of new features to its decentralized exchange (DEX), this Monday, bringing the world of decentralized finance (DeFi) to its users. The new DeFi features include staking, liquidity pools, yield farming, and permissionless lending and borrowing. Additionally, users will be able to swap thousands of cryptocurrencies on multiple blockchains…
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Non-Fungible Tokens (NFTs) have taken over the web3 space. Their popularity is second to none, as web3 enthusiasts have created an industry that has taken the world by storm. Use-cases have shifted from purely digital art marketplaces to certificates and even yield earnings. Digital art still dominates NFT uses. That will change. The Decentralized Finance…
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Robinhood is conducting a beta test of its new crypto wallets program. The 1,000 people at the top of their waitlist will receive access first. Then again, in March 2022, this will expand 10,000 individuals able to use these digital currency wallets at any given time before opening up registration for all remaining spots available.…
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