Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Cointelegraph Consulting: Gauging the impact of ETH shortages on exchanges
Many researchers and influencers have pointed this out as a bullish sign that illustrates increasing demand for the native token that powers many popular DeFi apps. Others look at this as more of a critical flaw that could make the asset harder to acquire and trade as it becomes progressively more embedded in locked smart…
Decentraland’s MANA and Shiba uptake surges year-on-year — eToro
eToro stated that MANA and SHIB saw the biggest surge in hodlers in Q3 2022, posting increases of 437% and 269% apiece compared to Q3 2021. 401 Total views 13 Total shares
Ethereum breaks out vs. Bitcoin: Why one trader says ETH/BTC looks ‘absolutely insane’
Ether (ETH) price is seeing green in its Bitcoin (BTC) pair on April 21, reaching the highest levels since early February. Given the technical breakout of ETH/BTC, traders are beginning to expect a strong rally in the foreseeable future.During the first two weeks of April, ETH was outperformed by Binance Coin (BNB), the native token…
Grayscale’s Bitcoin Holdings Pass $3 Billion, Growing 76% Year-on-Year
American digital asset management fund Grayscale has continued to grow, with the total assets under management hitting $3.8 billion. 907 Total views 39 Total shares Grayscale, a major digital asset management fund, has continued to grow this year, with the total assets under management (AUM) hitting new highs.According to a May 19 tweet, Grayscale’s total…
Coinbase to shut down Coinbase Pro to merge trading services
Launched in 2018, Coinbase Pro is designed to feature unlimited trading volumes, supporting more than 250 cryptocurrencies. 92 Total views 2 Total shares Coinbase’s professional trading platform Coinbase Pro will cease to exist as the cryptocurrency exchange is restructuring services to bring them all into one platform.The United States-based crypto trading firm Coinbase officially announced…
Retail Investors Can Now Use Paxos Gold as Collateral Against Loans
Crypto-lending platform Nexo has today, March 25, opened up the option of using PAX Gold (PAXG) as collateral against its loans to retail investors. A pilot scheme in late 2019 was limited to institutional clients and purportedly saw immediate demand for its gold-backed credit lines.Nexo’s announcement means that collateralized borrowing against high-grade gold is now…
Nifty News: Walmart steps into the Metaverse, @NFT founder hacked and more
American retail giant Walmart has taken its first steps into the Metaverse with the launch of Walmart Land and Walmart's Universe of Play on Roblox.According to the company's Monday announcement, Walmart Land focuses on "immersive experiences" with key features including a physics-defying Ferris wheel, unlockable tokens and badges, an interactive piano walkway and a D.J.…
Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’
There has been a lot of focus on the performance of the stock and cryptocurrency markets over the past year or two as the trillions of dollars that have been printed into existence since the start of the COVID pandemic have driven new all-time highs, but analysts are now increasingly sounding the alarm over warning…