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It’s clear that bears have nearly extinguished all signs of bullish momentum after BTC price falls below $52,000 and altcoins take a severe belting. Go to Source Powered by WPeMatico
After last month’s crypto and NFT boom, cryptocurrency markets continue to show bullish momentum. With the global cryptocurrency market cap at $2.6 trillion, it’s clear that crypto is here to stay. In this article, we take a look at the top 5 cryptocurrencies that gained the most price this week, ordered by 7-day price gain, … Read more
Bitcoin continues to encounter resistance near $60,000, but this hasn’t stopped altcoins from advancing on their previous all-time highs. Go to Source Powered by WPeMatico
Grayscale Investments has launched a solana trust. The company now has nearly $54 billion in total assets under management. The new trust, which is the company’s 16th crypto investment product, will solely invest in solana (SOL). The CEO of Grayscale said that investors are increasingly “diversifying their exposure beyond digital assets like bitcoin and ethereum.” … Read more
The Grayscale Solana Trust would allow high-net-worth and institutional investors to gain indirect exposures to the yearlong bullish SOL market. Go to Source Powered by WPeMatico
Bitcoin and most major altcoins rebounded off their strong support levels, but the real challenge for the bulls is to sustain the momentum and clear the $60,000 resistance level. Go to Source Powered by WPeMatico
Cryptocompare, the firm that provides institutional and retail investors with real-time and historical cryptocurrency data, has published the firm’s November 2021 Digital Asset Management Review. The report covers crypto exchange-traded products (ETPs), and recent findings show alternative crypto asset investment products are outperforming Bitcoin ETPs. Ethereum-Based Investment Product Trade Volumes Increase Every month Cryptocompare publishes … Read more
30 days ago on October 28, the total value locked (TVL) in cross-chain bridges to Ethereum was around $22.48 billion and in the face of the recent market dump, the TVL still increased by 9.56%. At the time of writing, there are 135,148 unique depositors and Axie Infinity’s Ronin Bridge holds the largest TVL. Cross-Chain … Read more
Bitcoin and most major altcoins are on the verge of starting a deeper correction, which will signal that a short-term top may be in place. Go to Source Powered by WPeMatico
The report also found that a transaction on the Solana blockchain uses 24 times less energy than charging your phone. Go to Source Powered by WPeMatico