DeFi tokens bag double-digit gains as bears pin Bitcoin price below $33K
A handful of DeFi tokens saw strong rallies even as bears continue to pin Bitcoin price below $33,000. Go to Source Powered by WPeMatico
Cryptocurrencies
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2 key metrics suggest Bitcoin price won’t be pinned below $33K for long
Key Bitcoin price metrics show the recent 12% drop to $30,800 has not stopped traders from buying dips ahead of this Friday’s $4.9 billion BTC futures expiry. Go to Source Powered by WPeMatico
Pragmatism: The true key to unlocking crypto mass adoption
Let’s double down on making crypto accessible and usable for real people. Go to Source Powered by WPeMatico
A ‘token’ gift: The US SEC giveth and taketh away
While we would be remiss not to laud the SEC’s statement as a step in the right direction, the shortcomings are inescapable. Go to Source Powered by WPeMatico
Digital Currency Group’s crypto mining arm enters top-10 global mining pools
Foundry entered the cryptocurrency mining game in August 2020. Go to Source Powered by WPeMatico
Overstock spins its blockchain subsidiary into crypto investment fund
Overstock’s subsidiary, Medici Ventures, will cease providing all previous services pending a full conversion into a limited partnership fund. Go to Source Powered by WPeMatico
Winklevoss’ Gemini pushes presence in Asia, supports Singapore dollar
Major cryptocurrency exchange Gemini has rolled out support for the Singapore dollar and set up a local office. Go to Source Powered by WPeMatico
Bitcoin made up 97% of total crypto inflows in 2021
Bitcoin trading volumes surged significantly this year, jumping from an average of $2 billion in 2020 to $12 billion. Go to Source Powered by WPeMatico
Tor Project’s crypto donations increased 23% in 2020
Bitcoin remained the most popular cryptocurrency for the Tor Project’s donors in 2020, followed by altcoins like Ether, Monero and Zcash. Go to Source Powered by WPeMatico
Reddit investing group triggers crypto-style 860% rally in GameStop stock
The recent 860% rally in GameStop’s stock price shows social investing groups’ ability to trigger whipsaw asset volatility is not just limited to cryptocurrencies. Go to Source Powered by WPeMatico