Cryptocoins News / CoinJournal - 2 years ago
Key Takeaways
GBTC Fund is up 25% since the start of the year, compared to a 4% rise in the underlying asset, Bitcoin
The discount is now back to where it was prior to the FTX collapse, at 37%
The discount had hit an all-time high of 50% only four w...
Cryptocoins News / CoinJournal - 2 years ago
The exchange wants to reduce operating costs by 25%.
It is the second crypto exchange after Huobi to confirm layoffs in 2023.
Coinbase CEO has however confirmed that the exchange is well capitalized.
The American-based cryptocurrency exchange, Coin...
Cryptocoins News / CoinJournal - 2 years ago
Bonk token launched on December 25, 2022
The cryptocurrency rose by four-digit percentages after the launch
BONK price has cooled and trades on a descent and could claim lower levels
Crypto has always treated its fans with twists, turns, and...
Cryptocoins News / CoinJournal - 2 years ago
Polkadot had the second-highest development activity in 2022
DOT price has heavily disappointed since the 2021 ATH but has recovered lately
DOT faces resistance at $5 and may correct downwards
Polkadot (DOT/USD) buyers are struggling to break...
Cryptocoins News / CoinJournal - 2 years ago
Bloomberg report projects bullish Bitcoin in 2023
Analysts bank on recession dynamics and central banks’ actions as bull triggers
BTC trades on a short-term recovery, with $19,000 in sight
Investors may hold their breath, hoping that 20...
Cryptocoins News / CoinJournal - 2 years ago
NFT sales jumped 26% as trading volume rose across major blockchains.
Ethereum accounted for the most NFT sales, while Bored Ape Yacht Club dominated among collections.
The broader crypto industry has started 2023 slightly higher, with notable ralli...
Cryptocoins News / CoinJournal - 2 years ago
Binance coin has recaptured crucial support at $266 after the latest crash
The cryptocurrency was previously weighed by adverse publicity
A recovery above $266 sets BNB to the next resistance at $295
Binance (BNB/USD) traded at $274 on Tuesda...
Cryptocoins News / CoinJournal - 2 years ago
XRP accumulation intensified in the first week of the year
Investors bank on Ripple’s win against the SEC
XRP has gained stability above $0.31, and the price could surge from here
If you have been following& Ripple (XRP/USD), you al...
Cryptocoins News / CoinJournal - 2 years ago
An initial coin offering (ICO) is a way for projects to generate funds to help get themselves up and running. These are regularly used in the crypto world, allowing companies to help generate publicity, which in turn attracts further investment and n...
Cryptocoins News / CoinJournal - 2 years ago
Key Takeaways
Coinbase has announced it is cutting 20% of its workforce, having cut 18% back in June
The company is trading at a market cap of below $10 billion, down over 90% from the price at which it went public at in April 2021
CEO Brian Armstr...
Cryptocoins News / CoinJournal - 2 years ago
FTT price has gone vertical even as FTX remains a bankrupt company.
The rally shows the disconnect between fundamentals and valuation.
FTX Token is rising as investors react to the interest of FTX assets.
FTX Token came back to life this week...
Cryptocoins News / CoinJournal - 2 years ago
Aptos price has soared by over 87% from its December lows.
PancakeSwap’s TVL in Aptos has surged to almost $30 million.
AUX Exchange has seen its assets tumble by over 45% in 7 days.
Aptos price has had a strong start in 2023. The APT c...
Cryptocoins News / CoinJournal - 2 years ago
SHIB is the best performer amongst the top 20 cryptocurrencies by market cap today.
A Shiba Inu whale has suggested a token burn when Shibarium launches.
Bitcoin continues to maintain its price above $17k.
Shiba Inu could burn trillions of SH...
Cryptocoins News / CoinJournal - 2 years ago
GALA is up by more than 15% in the last 24 hours, making it one of the best performers amongst the top 100 cryptocurrencies by market cap today.
The rally comes after GALA games announced its acquisition of Ember Entertainment.
The total crypto...
Cryptocoins News / CoinJournal - 2 years ago
The decentralised nature of Tornado Cash has made it nearly impossible to put an end to it.
Chainalysis revealed that total inflows to the mixer dropped by 68% in the 30 days after sanctions.
Tornado Cash’s smart contract code can be used...
Cryptocoins News / CoinJournal - 2 years ago
Nepal’s Telecommunications Authority has instructed all ISPs to block crypto-related websites.
The crypto-related activities include websites, apps, and online networks.
The nation’s central bank banned cryptocurrency activities in...
Cryptocoins News / CoinJournal - 2 years ago
Crypto has been floated and driven by cheap money created by quantitative easing&
The macro indicators that made big tech attractive will make crypto attractive
The failures of the global financial system last year weren’t pronounced enou...
Cryptocoins News / CoinJournal - 2 years ago
Flare, the blockchain for building applications that use data from other chains and the internet, has successfully completed its long-awaited token airdrop at 11:59 pm UTC on January 9th. The airdrop saw 4.279B Flare (FLR) tokens distributed to milli...
Cryptocoins News / CoinJournal - 2 years ago
Litecoin is attempting to break above $80
The upcoming halving event is seen to boost the price
A successful breakout will see buyers eye the next resistance at $100
If you have been eyeing& Litecoin (LTC/USD), it is time to get even more...
Cryptocoins News / CoinJournal - 2 years ago
Ethereum recovered by more than 4% on Monday
The cryptocurrency has maintained an uptrend
A break above $1,250 sets ETH to $16,000 with short-term corrections at $1,350 and $1,450
Relief rallies are here, and even before we go further,& E...
Cryptocoins News / CoinJournal - 2 years ago
Solana token has added nearly 50% of value in a week
The gains come amid the BONK token launch
SOL has overcome a resistance and eyes higher level if it closes above key zone
For the first time since the crash orchestrated by the FTX, Solana...
Cryptocoins News / CoinJournal - 2 years ago
Web3 market size will grow at a CAGR of nearly 45% between 2022 and 2030, according to research firm Straits Research.
Web3 is the new iteration of the internet and will benefit from further developments in blockchain technology, artificial intellig...
Cryptocoins News / CoinJournal - 2 years ago
The fund retrieval solution will allow customers to retrieve funds trapped on the platform.
The solution will be executed by a third-party law firm together with a third-party management company.
Customers will have the liberty to choose between the...
Cryptocoins News / CoinJournal - 2 years ago
Astar Network’s Cross-Virtual Machine (XVM) feature is now live on the public testnet Shibuya.
This feature enables multichain use cases within the ecosystem.
XVM allows a smart contract in one virtual machine to communicate with another....
Cryptocoins News / CoinJournal - 2 years ago
GALA token rose more than 68% to hit highs of $0.04022884.
Gains for GALA, the utility token of Gala Games ecosystem, came after the platform announced partnerships with Hollywood stars Dwayne Johnson aka The Rock and Mark Wahlberg.
GALA will be the...