Price analysis 12/6: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX
Bitcoin and most major altcoins are attempting a recovery, but they are likely to face strong resistance at higher levels. Go to Source Powered by WPeMatico
DIGIT
Former Facebook engineers at Mysten Labs raise $36M for Web3 infrastructure
“We believe fundamental limitations in existing crypto infrastructure are frustrating broader adoption of web3,” said Mysten’s team, citing the scalability of existing chains as well as the lack of interoperability of many smart contracts. Go to Source Powered by WPeMatico
Here’s why analysts expect ‘choppy’ Bitcoin price action between $42K and $53K
Traders expect Bitcoin price to stay in a “choppy” $42,000 to $53,000 zone until confidence returns to the market. Go to Source Powered by WPeMatico
Craig Wright Cleared of All Charges Except a Conversion Count, Jury Awards $100 Million to W&K Info Defense
The Kleiman v. Wright trial has come to a conclusion and Craig Wright and his defense team has won on all claims except one count of conversion. According to a court reporter, Craig Wright, the man who claims to be Satoshi Nakamoto, said he was “incredibly relieved.” Craig Wright’s Defense Wins on All Claims Except … Read more
We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block
The amount of crypto donations through The Giving Block surged to $100 million this year from $4 million in 2020. Go to Source Powered by WPeMatico
Grayscale finds that over 25% of US households surveyed currently own Bitcoin
The launch of a Bitcoin ETF played a pivotal role in the rise of BTC adoption. Go to Source Powered by WPeMatico
CME Group launches micro Ether futures as ETH hovers at $4K
Micro Ether futures joins crypto derivatives products at the exchange including micro Bitcoin futures, Bitcoin futures, options on Bitcoin futures, and Ether futures. Go to Source Powered by WPeMatico
Law Decoded: Bitcoin exchange-traded funds are put on the spot again, Nov. 29–Dec. 6
The Securities and Exchange Commission’s continued resistance to spot Bitcoin ETFs draws industry players’ ire. Go to Source Powered by WPeMatico
Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review
Even though the total value locked in DeFi protocols has eclipsed $246 billion, it was not enough to please the BIS. Go to Source Powered by WPeMatico
2021’s BTC Obituary List Accelerated This Year, 41 Alleged Bitcoin Deaths Recorded
As bitcoin and a number of crypto assets have dropped in value during the last two weeks, its seems that everyone’s hope for six-digit bitcoin prices has become unattainable. However, year-to-date, bitcoin has risen more than 150% in value and despite the rise, skeptics and critics continue to assume bitcoin is dead. In fact, the … Read more
