Crypto market crashes again on January 21,2022. BTC hit a 6 months low of $38K. Leads to the entire crypto sector a liquidation of $725 million. Just when all were the high hopes for the year 2022 to brighten up, overcoming the 1st market crash of 2022, tragedy strikes again.
Pal admitted to owning more Ethereum than Bitcoin in May 2021. Raoul Pal is the founder and CEO of Real Vision and Global Macro. Raoul Pal, a former Goldman Sachs hedge fund manager and bitcoin advocate tweeted that he currently owns only one Bitcoin. Given that the claim was made
The market’s momentum might be influenced after the FOMC meeting. An 8-10% drop in the price of almost all of the top ten cryptocurrencies. During the past three hours, the crypto market has seen a 7.67 percent drop, resulting in the loss of more than $150 billion in investors’ capital.
The 3 most powerful crypto assets to spike in 2022. Cardano, Avalanche and Algorand are seeking investors’ interest. These three cryptos might defeat Shiba Inu this year. Crypto market is always interesting and unpredictable which may result in spiking of any crypto asset at any time. As it is also
Lyn Alden proves WEF’s 2017 depiction to be wrong. BTC power consumption is actually getting greener. A BTC transfer costs approximately $176. As everyone knows, and this being one of the major reasons why environmentalists are against cryptocurrency, is its power consumption. Ture to the fact, the worst of all
Exorbitant costs are preventing a major segment of the DeFi community. Ethereum’s share of the decentralized financial sector has decreased. The JPMorgan Chase analyst Nikolaos Panigirtzoglou predicts that Ethereum’s supremacy in the decentralized financial industry would continue to erode. The network will be partitioned into several shards in order to
Tronix (TRX) ranks first in highest number of active accounts. Surpasses that of BTC, ETH, DOGE, ADA,XRP, BNB and much more. TRX ought to spike up in a few days along with BTC. The Tron platform is one of the most versatile decentralized blockchain platforms available in the market. Besides,
Meme-currencies are being accepted as payments by major entities. Despite high fees from Ethereum, it accounts for 13% of all BitPay transactions in 2021. According to BitPay, altcoins adoption is surging more than Bitcoin. As per the recent hike of cryptocurrencies around the world, their adoption among people has seen
USDC stablecoin surpasses rival Tether (USDT) for the first time. The entire supply of USDC on Ethereum is now 39.92 billion. Because of the continually high transaction fees caused by soaring markets, the Ethereum network has suffered consecutive weeks of negative supply issuance. A tiny amount of Ether (ETH) has
Bankless puts out a report on ETH surges from Q4 2020 to Q4 2021. ETH has shot up 1777% from Q4 2020 to Q4 2021. DeFi has exploded to about 770% up from Q4 2020 to Q4 2021. The second largest crypto in the world, in terms of market cap,
