NFT comeback pushes 2024 volume to $8.8B: Nifty Newsletter

The crypto space has notably matured over the last three years. 1965 Total views 10 Total shares The Chicago Mercantile Exchange, or CME, recently announced plans to add Ethereum (ETH) futures to its offering — three years after launching Bitcoin (BTC) futures. Market development has impacted the exchange's decision to branch out. “Since we launched the…

Bitcoin (BTC) stayed rigid below $17,000 at the Dec. 19 Wall Street open as skeptical traders feared more downside.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC traders call time on upside potentialData from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering around the $16,700 mark, practically unmoved over the weekend.The pair saw only fractional volatility at…

Being bullish on Ether (ETH) over the past four months did not pay off as its price dropped 44% from $4,600. The decentralized finance (DeFi) applications growth that fueled the rally faded away, partially due to network congestion and average transaction fees of $30 and higher.The cool-off period can also be attributed to excessive expectations…

Blockchain services and cryptocurrency mining hardware producer Canaan is facing a class-action lawsuit filed by investors following claims of dubious practices for attracting investments. Investor rights-focused law firm Rosen Law Firm has initiated the suit on behalf of Canaan securities purchasers in the company’s initial public offering (IPO). The law firm claimed that Canaan investors suffered…

nBTC will be usable across more than 50 app-chains connected to Cosmos IBC. 172 Total views 7 Total shares Osmosis, the largest decentralized exchange (DEX) on Cosmos, will be bringing Bitcoin (BTC) to the namesake inter-blockchain communications (IBC) protocol together with Nomic and Kujira.According to an October 3 announcement during the Cosmoverse 2023 Conference, users

The inverted pattern in the Bitcoin futures curve is a signal that investors’ confidence in BTC price continues to slump. 558 Total views 4 Total shares It's not yet known whether Binance's recent news of  being temporarily suspended from the U.K.’s financial system is the main driver behind today's Bitcoin (BTC) price drop. As Cointelegraph reported,…