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Search Results for: crypto market

Ethereum Whales Are Putting Their Ether Into Play Prior to the Merge

The transaction was worth 8,000 ETH ($12,084,840), at the time of writing.  Last week, Ethereum registered over 2 million unique active addresses. Ethereum (ETH) is the second largest cryptocurrency in terms of market capitalization and it holds over 18.4% of the market share. Due to the current market volatility, Ethereum

July 25, 2022 1 min read

Coinbase Ventures Banks on Web3 and DeFi Sector After Q2 Report

Q2 investment memo showed a 34% decrease in transaction activity. Besides Web3 infrastructure, the company spent aggressively on blockchain gaming. According to Coinbase Ventures’ Q2 report, overall deal activity fell in tandem with the prevailing gloomy tone in the market. However, the firm’s investment thesis on infrastructure projects that exhibit

July 24, 2022 2 mins read

Morgan Stanley Optimistic on El Salvador-issued Eurobonds

An $800 million bond payment is due in January 2023 on President Nayib Bukele. El Salvador’s initial purchase in September last year saw a 50% drop in its value. Investors can take advantage of the present pricing of El Salvador-issued Eurobonds because of the recent crypto meltdown, according to Morgan

July 24, 2022 1 min read

Three Arrows Capital Founders Reveal Reasons Behind Downfall

Overexposure to Terra, staked Ethereum, and Grayscale’s Bitcoin trust are blamed. Zhu said that when it came to Terra, he originally saw no warning signs. A Bloomberg interview with Su Zhu and Kyle Davies, the two co-founders of the recently collapsed crypto hedge firm Three Arrows Capital (3AC), has broken

July 24, 2022 2 mins read

Tech Giant Tencent Reportedly Shutting Down ‘Huanhe’ NFT Platform

The platform’s commercial potential is reported to have been harmed by prohibitions. It was built by Tencent’s Platform and Content Group (PCG). According to a report by Chinese news agency Jiemian, cited by the South China Morning Post, Shenzhen-based technology company Tencent is ready to shut down its NFT platform

July 23, 2022 2 mins read

Coinbase Wallet Announces Integration of OpenSea and Rarible Orders

This improvement aims to make NFT trading easier for beginners. NFT marketplace OpenSea receives orders from 25,000 to 30,000 customers every day. The largest U.S. crypto exchange, Coinbase, has released an update to its multi-product wallet that makes trading non-fungible tokens (NFTs) easier for experts and novices alike. The Coinbase

July 23, 2022 2 mins read

Uniswap Announces Integration of NFT Focused DEX, Sudoswap

In June, the protocol announced that it has acquired Genie. Sudoswap allows users to purchase or sell NFTs in a decentralized way. An NFT-focused decentralized exchange (DEX), Sudoswap is now being integrated into the largest crypto DEX Uniswap. It was announced today that Uniswap would be introducing NFTs “with full

July 23, 2022 2 mins read

FTX All Set To Acquire South Korea’s Largest Exchange, Bithumb

Morgan Stanley was preparing to acquire Bithumb for $441 million in March. FTX bought the Japan-based exchange Liquid early this year. According to a report from Bloomberg on Friday, cryptocurrency behemoth FTX is close to acquiring South Korea’s largest cryptocurrency exchange, Bithumb. According to those with direct knowledge of the

July 23, 2022 2 mins read

Caduceus Partners with Lord Botham to Launch Cricket into the Metaverse

London, England, 23rd July, 2022, Chainwire   Caduceus: https://caduceus.foundation/ Cutting-edge Metaverse blockchain tech company Caduceus has partnered with British sporting legend Lord Botham to launch an exclusive new NFT collection on the Light Cycle platform. This bold move from the cricketing Hall of Famer introduces the world of cricket to

July 23, 2022 5 mins read

Ethereum (ETH) Perpetual Contract Price Analysis: July 23

On July 23, the bullish ETH price analysis is at  $1644. ETH’s bearish market price analysis for July 23, 2022, is $1460. Ethereum’s MA shows an upward trend. In Ethereum Perpetual Future (ETH) price analysis on July 23, 2022, we use price patterns, and the Moving Average of ETH to

July 22, 2022 3 mins read
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