Crypto is down, but FET and AI tokens are up — Here’s why

Bitcoin (BTC) price finally woke up and surged to a new 2020 high but as the markets surged past $10,000, some traders seem to have opened excessively leveraged long positions. This effect became more noticeable as the funding rate for perpetual contracts reached the second-highest level this year at 12.4% per month.Funding alone shouldn’t be considered…

Golem’s latest report explains the transfer of 135,000 ETH to CEXs as part of a staking test to ensure operational security.

Bitcoin bulls obliterated the $28,500 resistance with a high volume surge but the $30,000 level could still pose a challenge. 2190 Total views 14 Total shares Within the last hour, Bitcoin (BTC) price rallied to set a new all-time high at $29,000. On Dec. 29 Bitcoin price attempted to push through a stiff resistance cluster at…

Bitcoin (BTC) mining behemoth Bitmain is now valued at $15 billion after closing a pre-Initial Public Offering (IPO) funding round with backing from high-profile investors, QQ News reported August 4. The fresh financing deal, which is said to have closed on Saturday, notably includes investments from Chinese tech conglomerate Tencent and Japan’s Softbank, another tech…

The SEC summarized its efforts on combating crypto misconduct as its chairman is set to step down by the end of this year. 489 Total views 7 Total shares The United States Securities and Exchange Commission has brought 56 enforcement actions against initial coin offerings, blockchain and digital asset-related companies since July 2017.On Nov. 16,…

Saturday, Dec. 7 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) hovers just under the $7,550 mark again.Market visualization courtesy of Coin360Bitcoin price is currently up by 2.12% on the day, trading at around $7,537 at press time, according to Coin360. Looking at…

A Medium post revealed Cronje's disdain for crypto culture and his likely return to the space. 147 Total views 34 Total shares Andre Cronje, former Fantom Foundation technical adviser and Yearn.finance founder, resurfaced on Monday via Medium after announcing his departure from the DeFi and crypto space last month. In a post titled "The rise…

"You don't have to be a crypto expert to buy, sell, and collect NFTs. OneOf and eBay are bringing transformative Web3 technology to the next 100M non-crypto-native mass consumers," said OneOf CEO Lin Dai. E-commerce giant eBay has officially launched its first NFT drop, with a series of tokenized collectibles featuring National Hockey League (NHL)…

Now live, Theta's network upgrade includes an updated block explorer capable of working with smart contract data. 1463 Total views 3 Total shares Theta, a blockchain that facilitates decentralized video streaming, recently updated its mainnet, adding a number of benefits. Theta’s mainnet now hosts smart contract capabilities, as of a block height of 8,411,427, Theta Labs…