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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'More brutal than expected' — Lyn Alden on ETH/BTC post-election low
Macro economist Lyn Alden admits she has been a “polite long-term Ethereum bear,” but she was surprised by Ether’s performance after the United States election.
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YFI, HXRO and AR post gains even as Bitcoin price dips to $45.5K
Bitcoin (BTC) bulls took another beating on Dec. 17 as a midday onslaught dropped the price to $45,500. The price did manage a quick bounce back to $47,000 but sweeping a new daily low could be a sign that additional downside is in store.Amid the wider market downturn, several altcoins provided weary traders with a…
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Ripple CEO: Bitcoin and XRP Aren’t Competitors — I’m Long BTC
Bitcoin (BTC), and XRP, the third biggest coin by market cap, are not competitors, Ripple CEO Brad Garlinghouse claimed in a Fortune interview on June 20.In the interview, Garlinghouse outlined the key difference of two major cryptocurrencies, arguing that bitcoin is a store of value or “digital gold,” while XRP is a “bridge currency” that…
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Russia houses $200B worth of crypto, Kremlin estimates
According to data from TASS news services, Russians owned nearly 5 trillion rubles worth of cryptocurrencies by December 2021. 596 Total views 48 Total shares Russian citizens reportedly own 16.5 trillion rubles ($214 billion) worth of cryptocurrencies, according to government estimates.A Bloomberg report noted that Russians own about 12% of the total global crypto holdings. The…
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Hawkish Fed comments and Bitcoin derivatives data point to further BTC downside
A $750 pump on Aug. 26 took Bitcoin (BTC) from $21,120 to $21,870 in less than two hours. However, the movement was completely erased after comments from U.S. Federal Reserve Chair Jerome Powell reiterated the bank’s commitment to contain inflation by tightening the economy. Following Powell’s speech, BTC price dropped as low as $20,700. Bitcoin/USD 30-min…
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Unstoppable Domains integrates Monero usernames with Cake Wallet
The partnership allows Cake Wallet users to use .xmr domains in their blockchain interactions.
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Opensea to allow users to submit bulk NFT listings and purchases
The company said that users can now list and buy up to 30 items in a single flow. 108 Total views 3 Total shares OpenSea, the digital marketplace for crypto collectibles and nonfungible tokens (NFTs), announced in a series of tweets on Oct. 5 that the platform will officially allow its users to bulk list…
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Uniswap’s founder wants your advice on how to spend $500 million
With Uniswap's treasury now worth more than $500 million, creator Hayden Adams has asked the crypto community for suggestions on how to spend it. 1613 Total views 7 Total shares Unsiwap creator Hayden Adams has taken to crypto-twitter to source feedback on how the DEX should allocate its $500 million governance treasury.With Uniswap’s native UNI…