Think the cryptocurrency market has it rough? Take a look at what happened to non-fungible tokens – aka NFTs. Data from DappRadar shows that trading volume at OpenSea – the world’s largest NFT marketplace – has fallen by 99% in less than four months. While the company contested the figure to some degree, it admitted that the substantial slowdown in activity is both real and expected. The Sad State of NFTs According to DappRadar’s statistics page, the daily trading volume of...
Read More »New Bill Could Give the CFTC More Crypto Power
A new crypto bill introduced by John Boozman – a republican from Arkansas – and Debbi Stabenow, a democrat from Michigan, would (if passed) give the Commodity Futures Trading Commission (CFTC) full control over bitcoin and Ethereum, the world’s two largest and most popular digital currencies. The CFTC Would Have Most of the Power In the bill, both ETH and BTC are clearly described as commodities. In addition, they account for roughly two thirds of all activity in the...
Read More »Analysts: Ethereum Will Eventually Outgrow BTC
Is Ethereum about to overtake bitcoin? Ethereum Is Getting Much Bigger This was the question on several analysts’ minds as the world’s second largest cryptocurrency by market cap and the number one competitor to bitcoin announced a few weeks ago that it was getting closer to its long-sought merge. The process will involve Ethereum transforming into Ethereum 2.0. The network is switching from a proof of work (PoW) module to proof of stake (PoS). This will allegedly make...
Read More »Ethereum Staking mit Schweizer Börse
SDX Web3 Services, the newly launched business unit from SIX Digital Exchange, is now live with its non-custodial Ethereum staking service. This service enables reliable and secure management of Ethereum validator nodes through a fully managed, API based infrastructure. Richtig gelesen, die Schweizer SIX Digital Exchange bietet Ethereum-Staking an. Jedenfalls in Zukunft, denn so steht es in der aktuellen Pressemitteilung der SDX Web3 Services....
Read More »Recovery: Bitcoin Reclaims $20K, ETH Regains 10% (Market Watch)
The past 24 hours took a turn for the better as, the broader cryptocurrency market added over $50 billion to its total capitalization and reclaimed the coveted $1 trillion level. This comes on the back of Bitcoin reclaiming $20K and Ethereum pushing for $1.6K at the time of this writing. Bitcoin Price Bouncing Back Yesterday, the BTC price slipped towards $19,500, where it seems to have marked some sort of a local bottom as that’s where the bulls took more definitive steps to...
Read More »Bittrex: Darum lohnt sich ein Account bei dieser Bitcoin-Börse
Die Kryptobörse Bittrex bietet rund 200 Handelspaare an, was zu den größten Sortimenten an Kryptowährungen auf dem Markt gehört. Hintergrund zu Bittrex Die Exchange wurde 2013 mit Sitz in Las Vegas gegründet. Der Handel ist seit 2014 auf Bittrex möglich. Unter Fachleuten und Anlegern genießt die Kryptobörse ein hohes Ansehen allein schon wegen ihrer Gründer: Es handelt sich um ehemalige Mitarbeiter von Microsoft. Einer Regulierung vergleichbar mit...
Read More »Sports betting – the easiest type of crypto gambling
The global financial markets have witnessed a multitude of roles for blockchain technology within the last few years. Popular cryptocurrencies such as Bitcoin, Ethereum, Dogecoin and so on managed to dominate the volatile cryptocurrency market. Given this matter, many countries have banned entry into sports betting because governments cannot track all financial transactions. However, the advent of blockchain technology and legal cryptocurrency trading has allowed...
Read More »Glaube an Bitcoin ist gross: Auf den Bitcoin-Adressen ruhen die Coins seit mehr als einem Jahr
Vom Allzeit-Hoch notiert die Digitaldevise Bitcoin (BTC) weit entfernt. Und doch ist das Vertrauen in die Kryptowährung nicht erodiert, im Gegenteil. Noch nie in der Geschichte gab es so viele Bitcoin-Adressen, die länger als ein Jahr nicht angerührt wurden – von einem panischen Ausverkauf der breiten Masse keine Spur, wie aus einer neuen Infografik von Block-Builders.de hervorgeht. Der Bitcoin hat sich von seinem Allzeithoch im Oktober 2021 wieder...
Read More »Ethereum Price Analysis: ETH Recovery Faces Hurdles
Ethereum price started a fresh decline from the $1,700 zone against the US Dollar. ETH price is now trading below $1,600 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1,570 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,420 zone. Ethereum price is struggling below $1,600 against the US Dollar. ETH/USD remains at a risk of more...
Read More »CME Group Launches Euro-Denominated Bitcoin and Ether Futures
The Chicago Mercantile Exchange (CME) has announced the launch of euro-denominated Bitcoin and Ether futures in its marketplace. According to a press release from CME Group, Bitcoin and Ether Euro futures will each be sized at 5 Bitcoin and 50 Ether per contract. Contracts will be cash-settled, based on the CME’s euro reference rate for each cryptocurrency. That means that they won’t deal in the exchange of actual Bitcoin or Ethereum. “Our new Bitcoin Euro and Ether Euro...
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