Crypto market sentiment has taken a dramatic turn in light of events taking place in the space. The Fear & Greed Index which tracks sentiment across a number of metrics and puts the data into four categories has shown that investor sentiment has taken another nosedive. This time, plunging the market back into the extreme…
UST has been establishing itself as an emerging leader in stablecoins, solidifying the token in the third-place position behind USDT and USDC, and the leader in decentralized stablecoins. A new report from Delphi Digital demonstrates that some of the latest news and developments in the Terra ecosystem are leading to substantial growth in UST adoption…
Despite a nearly global market dip, the Komodo token’s price jumped as news broke that the project would soon add support for more than a dozen blockchains. The company has plans to launch a new collection of NFTs. With cross-chain bridges, we can communicate between blockchains more efficiently. However, this creates vulnerabilities that need to…
According to Huobi co-founder Jun Du, Bitcoin is unlikely to experience a strong bull run until 2025. His analysis is based on certain crypto specialists’ assumption that the coin’s current run is coming to an end. Surprisingly, Du has always aligned with Bitcoin’s bull run history. The asset’s value reached as high as $69,000 during…
Stifel’s Chief Equity Strategist and Managing Director Barry Bannister believe that by 2023 bitcoin could lead to a plunge in price to $10,000. When discussing bitcoin’s price with Business Insider, Bannister said that a tightening of Federal Reserve policy and reducing the balance sheet would negatively impact bitcoin’s value. Related Reading | Bitcoin Sets Stage…
David Heinemeier Hansson has backtracked on his decision to not support crypto. The Danish programmer who is famous for creating the Ruby on Rails programming language had been a staunch opponent of the crypto mission in the past. For Hansson, the ideologies behind the creation of cryptocurrencies did not seem to make sense in the…
Ethereum blockchain co-founder and prominent leader in cryptocurrency Vitalik Buterin said that investors might be experiencing a “crypto winter,” but it’s not all bad news for them. He went on to say this could lead up into another digital asset universe as prices are currently low enough, which would give opportunities with significant gains potential…
With the recent increase of volatility in both stocks and cryptocurrencies, many investors are turning towards more stable assets such as gold. Cryptocurrencies showed no signs of slowing down as the week progressed with geopolitical tension, with Bitcoin briefly dipping below $40,000 for the first time in two weeks. Ether declined 5%, Dogecoin 4.5%, and…
With the cryptocurrency space being such an angsty place, it’s no surprise that patience is rare. Only two weeks ago, Bitcoin rose 15%+ to near $42,000 only for traders, and retail investors alike become frustrated at how rangebound this world’s most significant digital currency has been in recent days with not much movement up or…
As the Ukraine crisis worsens, Bitcoin and other cryptocurrencies are trading lower. The crypto market went down after the news broke that Russia had expelled USA Deputy Chief of Diplomatic Mission Bart Gorman following an escalation with Ukraine President Petro Poroshenko over fears for his safety.” On February 17th after President Biden reiterated that an…