Stablecoin market cap rises to 2-year highs as dominance slides to 6%: CCData

Trader sentiment has turned bearish following Bitcoin’s (BTC) 11% slump this week. Although Bitcoin is taking support near $25,000, several analysts are factoring in another leg down toward the crucial $20,000 level.The weakness is not limited to the cryptocurrency markets alone. United States equities markets also witnessed a losing week. The S&P 500 Index fell…

The research department of blockchain analytics platform Nansen have published a comprehensive guide to popular play-to-earn game Axie Infinity, calculating quantitative insights such as that 2.8 million unique addresses are currently holding 11.1 million Axies, alongside that 97% of those users hold a minimum of three Axie nonfungible tokens, or NFT’s.Axie Infinity is a play-to-earn…

Bitcoin trading volumes surged significantly this year, jumping from an average of $2 billion in 2020 to $12 billion. 2113 Total views 12 Total shares Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, remains the most preferred digital currency for investors, according to a new report.Bitcoin inflows accounted for 97% of total crypto inflows…

On Dec. 18 Bitcoin (BTC) price thrilled investors by providing a $1,000 move from $6,430 to $7,450 after bouncing off the descending channel trendline near $6,400. Multiple analysts from Cointelegraph contributor filbfilb to veteran commodities trader Peter Brandt all pointed to a popular logarithmic model that stressed the importance of the $6,400 level. BTC USD 3-day chart.…

A quiet day for crypto markets combines with hopes that a macro uptick will lift Bitcoin and Ether higher in the coming days. 783 Total views 21 Total shares Bitcoin (BTC) rebounded strongly from $41,000 during Jan. 20 as bears hoping for a step into lower territory stayed disappointed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData…

Artificial intelligence could provide nonfungible token creators with a more streamlined approach for creating and selling their digital art. 299 Total views 2 Total shares Blockchain artificial intelligence lab Fetch.ai has launched a new NFT marketplace for AI-generated art, giving users the ability to create digital collectibles in a collaborative setting through machine learning technology. The…

A bill allowing corporations to issue blockchain-based tokens that represent stocks was introduced in Wyoming on Jan. 16, according to the official state legislature site.House Bill 185 is sponsored by Representatives Olsen, Brown, Hunt, Lindholm, Western and Zwonitzer and Senators Driskill and Rothfuss. If passed, the bill will become effective on July 1, 2019. The…