Markets

Charles Hoskinson, the founder of Cardano – one of the world’s leading blockchain projects – laid out some thought on the last day of 2021. Yesterday, he went live on an hour-long YouTube video, talking about the past, the present, and the future of Cardano and the industry as a whole. One of the things that Hoskinson mentioned in the video is that 2022 will probably be one of the best years for the industry and for Cardano, specifically. He also outlined that the market grew...

Although bitcoin ended up with a more than 60% increase in 2021, there was a bit of a disappointment in the crypto space. This is because the asset failed to increase into a six-digit territory and actually fell by 30% in less than two months. The creator of the popular stock-to-flow model, though, initiated a poll, which shows that nearly 50% of the community expects BTC to head to and above $100,000 by the end of 2022. Above $100K in the Next 12 Months? Before exploring the...

Following yesterday’s sudden price pump to above $48,000, bitcoin headed straight south and dipped below $46,000 hours later. The altcoins are also in the red, with over $60 billion gone from the cryptocurrency market cap. Bitcoin Dipped $2.5K on New Year’s Eve After failing to overcome $52,000 earlier this week, bitcoin had dumped by more than $5,000 in days, as CryptoPotato reported recently. Consequently, the asset struggled below $47,000 for a few straight days. The...

As mentioned in an earlier article today, bitcoin had a big year in 2021. The asset itself and several other forms of cryptocurrency experienced many major developments and there were a lot of things revolving around the world of crypto throughout the past 12 months. How Was the Bitcoin Price Throughout the Year? But those were specific stories. It’s now time to look at bitcoin’s actual price movements throughout the year to see what patterns its followed and to better...

Another year has passed, and so many things have happened in the cryptocurrency industry that it’s hard to grasp it all took place within 12 months. With this article, we will take a look at some of the most influential altcoins throughout 2021. This doesn’t aim to summarize solely price performance, although it’s been considered, but the overall impact on the market, as well as potential future implications. It’s also worth noting that it’s questionable if the market would...

There are just a few more hours left to 2021 and what a wild ride it has been! Surely, it was the most explosive year in the cryptocurrency market in terms of both adoption and price performance. This is our last weekly recap and, unfortunately, things are not looking their best. Starting with BTC, the past seven days ended with a 5.4% decline and the cryptocurrency retracing back below $50K. At the time of this writing, bitcoin’s price sits at $48K, up 1% in the past 24...

[PRESS RELEASE – Singapore, Singapore, 30th December 2021] Venus Protocol, a decentralized money market on Binance Smart Chain, is celebrating its Mission to Venus contest by boosting the rewards distribution on its new XVS Vault over the next 120 days, offering a big increase in annual percentage yield for stakers of the native Venus token. The MissionToVenus contest launched in December and offered more than $1 million in rewards through various token airdrops, NFT objects,...

Rep. Lee Kwang-jae – a member of the ruling Democratic Party in South Korea – is reportedly planning to receive campaign donations in digital assets. He also intends to issue non-fungible tokens (NFTs) as a receipt for such contributions starting from mid-January next year. Crypto to Fuel Political Campaigns According to a December 30 report by The Korea Held, the cryptocurrencies included in the initiative will be the two biggest by market capitalization – Bitcoin (BTC) and...

December was a tough month for the price of BTC, recording a monthly low on December 4 just below $42K, according to Bitstamp. A little more than one day remains for this year, and it seems that BTC will end 2021 beneath the $50K price mark. Options Market Analysis An important factor that should be considered in options market analysis, especially in noteworthy expiries, is the Max Pain Price. Max pain price is the strike price that brings maximum loss to option buyers....

RadioShack – the out-of-business electronics superstore that we all used to go to for the latest remote-controlled vehicles and other trinkets – has rebranded itself and is now entering the cryptocurrency market. It’s first order of business will be to establish a whole new digital currency trading platform for users to enjoy, suggesting that crypto has indeed crossed into mainstream territory once and for all. RadioShack Has Its Sights Set On Crypto It’s amazing to see...