Cryptocurrency

Bitcoin (BTC) and most major altcoins sold off along with global equity markets and crude oil on Nov. 26. The markets were roiled on news of a new coronavirus variant detected in South Africa that is worrying scientists due to its large number of mutations in the spike protein. The sharp fall has resulted in

Panther Protocol, a privacy-enhancing technology provider for the decentralized finance (DeFi) industry, has completed its public sale to continue building privacy solutions for DeFi and Web3. Panter announced to Cointelegraph on Nov. 25 that it raised $22 million in its recent public sale of ZKP tokens, bringing the total amount raised to $32 million. Starting

Bitcoin (BTC) and most major altcoins continue to be pinned below their respective overhead resistances, indicating that bears are selling on rallies. According to Ki Young Ju, CEO of on-chain analytics firm CryptoQuant, “whales are depositing Bitcoin to exchanges.” Curiously, the outflows from the exchanges have also continued and due to this, the reserves are

Creating a cryptocurrency from scratch isn’t easy. It requires extensive knowledge of various programming languages and knowledge of blockchain use cases, among other things. Instead of going through that effort, those newer to the crypto space wanting to build their own project tend toward tokens.  Tokens are a crypto asset that exists within an ecosystem,

Looking at the past 7-days of winners and losers might give one the impression that cryptocurrency markets are net positive. Still, total market capitalization actually fell by 6.7% to $2.72 trillion as Bitcoin’s (BTC) price retraced 8.3% to $58,425. Top winners and losers from the sector’s top 80 coins. Source: Nomics The only connection between

The team behind meme cryptocurrency Shiba Inu (SHIB) has issued a public warning against ongoing online scams that primarily target altcoin investors interested in SHIB tokens.  The proactive scam alert came in the form of a tweet detailing the various methods used to dupe unsuspecting victims from the Shiba Inu community.  Stay Alert & Safe

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week The Bitcoin network welcomes Taproot soft fork upgrade The Bitcoin

New York-based crypto-mining service provider Foundry USA takes the lead to become the world’s second-largest Bitcoin (BTC) mining pool after taking up a 15.42% share of the network. Data from BTC.com shows that Digital Currency Group-owned Foundry USA stands behind the pool leader AntPool by a hash rate of just 4,000 PH/s, which contributed to

The march toward blockchain and cryptocurrency mass adoption has made significant strides in 2021 as the growth of decentralized finance (DeFi) and nonfungible tokens (NFT) thrust crypto into the mainstream media spotlight on a daily basis. From the rise of meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) to the breakout popularity of

There is potential for the use cases of nonfungible token (NFT) technology to expand far beyond the simple tracking of unique images with varying degrees of rareness and analysts project that one NFTs will touch every facet of our lives. Already, developers, artists and corporations are considering the tokenization of all assets and some have

Bitcoin (BTC) and Ether (ETH) are testing psychologically important support levels at $60,000 and $4,000 respectively. Both these levels are critical to keep the uptrend intact in the short term. While the fall may scare off leveraged traders, Bitcoin whales seem to be viewing this dip as a buying opportunity. On-chain data shows that the

Polygon, a layer two scaling solution for Ethereum compatible blockchains, stated in a press release provided to Cointelegraph that it has launched its zk-STARK powered Miden Virtual Machine for the development of decentralized applications, also known as DApps. 1/7 We are proud to reveal the newest member of the Polygon family – Polygon Miden, an

Institutional traders have locked a record sum of capital into Bitcoin investment products despite trade volume declining during the second half of 2021. According to CoinShares’ Nov. 15 “Digital Asset Fund Flows Weekly” report, Bitcoin (BTC) investment products saw total inflows of $97.5 million between Nov. 8 and Nov. 12 — pushing the sector’s assets

As decentralized exchanges (DEXs) evolve, their functionalities become more and more advanced, often matching those of centralized exchanges (CEXs). One such functionality is the ability to place limit orders, which offers more flexibility and efficiency to DEX traders. This article looks at the existing limit order features and their prospective implementations.  Unlike a market order,

MyEtherWallet, or MEW, launched its first NFT collection called ETH Blocks on Thursday, which tokenizes individual blocks on the Ethereum blockchain. Unique images associated with ETH Blocks are generated based on the block’s data. These NFTs are available exclusively to MEW users via the MyEtherWallet website.  A number of blocks have already been claimed, according

Axie Infinity, a monster-battling NFT game, has been gaining a lot of traction with over $600 million Axies bought and sold in the past month. Each Axie is a nonfungible token, or NFT, minted on the Ethereum (ETH) blockchain. Similar in theme to Nintendo’s Pokemon series, Axies come in different rarity types, with varying strengths and

A survey released by the Pew Research Center on Thursday found that roughly 16% of Americans have invested, traded or used some form of cryptocurrency. The number jumps to 31% for people aged 18-29, and even higher to 43% for specifically males in the same age bracket. Black, Hispanic, and Asian participants in the study

Bitcoin (BTC) price continues to weaken following the shakeout of the leveraged traders in the derivatives markets on Nov. 10. This caused the derivative funding rates to drop to the neutral territory of 0.01% across exchanges. Data analysis firm Arcane Research said in its latest weekly newsletter that the derivatives markets had matured compared to

In a live recording with Reddit’s r/CryptoCurrency Talk Thursday, Shark Tank celebrity Kevin O’Leary discussed how cryptocurrencies now make up 10% of his investment portfolio: At the beginning of the year, I was at 3% weighting; the target was to get 7% by year-end. However, because of the appreciation of so many of the assets

Zimbabwe has been paying attention to the increasing demand for crypto among its people, which it views as a possible avenue for growth. The country has also been receptive to regulating the entire sector. Zimbabwe’s government is considering utilizing Bitcoin as a legal payment option to meet this growing demand and harness the technology, according

According to new legislation passed by the upper house of the country’s national parliament today, crypto businesses in Kazakhstan may soon be subjected to Anti-Money Laundering (AML) regulations, as reported by local news outlet Vlast.  The new law extends the country’s financial monitoring system to cover crypto service providers. The new legislation would also establish a

If all goes to plan, Wrapped XRP (wXRP) will be coming to the Ethereum (ETH) blockchain next month, courtesy of Wrapped.com. The move is meant to enable Ripple (XRP) holders to interact with aspects of decentralized finance, or DeFi, such as executing smart contracts for use in borrowing and lending, swapping for altcoins, via their

Bitcoin (BTC) fell to 24-hour lows before Wall Street’s open on Nov. 3 as a previous bull run halted at $64,000.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price inches back toward $62,000 Data from Cointelegraph Markets Pro and TradingView confirmed the return of uninspiring sideways price action after Tuesday’s volatility. As Cointelegraph reported, BTC/USD

During bull markets, altcoins tend to accrue gains when Bitcoin price consolidates and at they run in tandem with BTC price during breakouts. This dynamic appears to be at play today because multiple altcoins went parabolic at the same time that BTC made a run at $64,000 and Ether (ETH) hit a new all-time high

Crypto markets have hit the ground running right from the start of November and today a near uncountable number of tokens have rallied to swing highs as Ether (ETH) broke above the $4,500 level and Bitcoin recaptured the $64,000 level. Polkadot (DOT) also hit another all-time high as investors accumulate tokens leading into the upcoming

Bullish volatility is on the rise and the newfound bullish momentum saw multiple tokens breakout to fresh all-time highs as traders scramble to identify which coin might be the next to embark on a moon mission. As Bitcoin price rallied to $64,000, Ether (ETH) reached a new record high at $4,523. The move comes just

The Chicago Mercantile Exchange (CME), one of the world’s biggest derivatives marketplaces, continues expanding its cryptocurrency derivatives offerings by adding a new Ether (ETH)-based product. CME announced Tuesday that it is planning to launch a micro Ether futures contract, sized at 0.1 ETH, enabling a new type of Ether exposure to institutional and individual traders. The

Bitcoin (BTC) is in line for continuation of its bull run, fresh analysis says as BTC/USD retains its 2.2% daily gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $62,500 eyed for BTC price bounce As data from Cointelegraph Markets Pro and TradingView tracks Bitcoin’s best day for a week, confidence in higher levels is building. Earlier

Ether (ETH) bulls are probably very pleased with the 368% gains accrued so far in 2021 and it seems like not a day passes where the altcoin doesn’t hit a new all-time high.  Even with Ether on the path to $5,000, there are still plenty of concerns about the network’s capability to absorb the strong

Solana (SOL) price is meeting resistance near its all-time high again, but solid fundamentals and the impressive growth of its decentralized finance (DeFi) and non-fungible token (NFT) ecosystem are likely to drive the altcoin above $250 before year-end. SOL/USDT 1-day chart. Source: TradingView Institutional investor interest is likely a key factor behind Solana’s impressive 490%