ETH ETFs launched in ‘weak market’ and could pressure Bitcoin: Analyst

After Bitcoin (BTC) price flirted with a $42,000 all-time high on Jan. 8, it stabilized in a tightening range between $39,000 to $41,500 for two days and the pennant structure on the shorter-term timeframes hinted that a breakout to $45,000 was a possibility. This all changed quite suddenly Jan. 10 as the $39,000 support failed to…

Blockchain and Web3 companies are attempting to prevent leaks like these in the future by creating alternative login processes and distributing necessary data collection in a highly decentralized way. 910 Total views 8 Total shares The Irish Data Protection Commission (DPC) announced on Nov. 28 that it has fined Facebook developer Meta €265m for breach…

A recent critique from author and entrepreneur Liron Shapira on the Helium blockchain project has caused a strong debate over the long-term prospects of the company. Founded in 2013, Helium is an Internet of Things (IoT)focused blockchain that is building a decentralized peer-to-peer wireless telecommunications network via its own machine networking tech.In a Twitter thread…

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Blockchain gaming startup Animoca has partnered with the blockchain network Harmony to jointly acquire the digital collectible startup Quidd, with the intent of using its services to build a new ecosystem for crypto collectibles.Harmony shared news of the development with Cointelegraph via a press release. According to the announcement, Animoca is planning to onboard its…

In March, the platform claimed to have successfully onboarded over 560,000 new users. 306 Total views 11 Total shares Own this piece of history Collect this article as an NFTDecentralized multichain digital wallet solution BitKeep Wallet has announced that it has surpassed 10 million users as of April. The platform has seen tremendous growth in…

Bitcoin dropped 56.2% in the second quarter of 2022, according to crypto analytics platform Coinglass. That makes it Bitcoin’s worst quarter since the third quarter of 2011 when BTC price fell by 67%. A large part of the damage was done in the month of June when Bitcoin plunged 37%, the worst monthly drawdown since…

The wide world of crypto has always been made up of people who know a lot about money. After all, cryptocurrencies themselves are financial products.The paradigm-shifting elevator pitch of Web 3.0 has always been able to pique the interest of investors, and over the last couple of years, we’ve seen an extraordinary amount of money…

Despite recent improvements, the crypto market remains down 14% from its peak, with new capital inflows slowing and a “Player vs. Player” market emerging.