News - Page 19

Animoca, a prominent name in the Web3 investment sector, has been making waves for several years. In July 2022, the company reached a valuation of $6 billion, with backing from Singapore's state investment fund, Temasek.

Bitcoin price officially formed a “Golden Cross” on October 30, indicating a potential all-time high (ATH) in the future. Traders and institutional investors have been closely monitoring BTC chart patterns and have already made significant investments in anticipation of this historic event.

Ethereum (ETH) price has been steadily rising, indicating a strong bullish grip with support above $1,800. Investors are optimistic about Ethereum's long-term prospects and are positioning themselves ahead of the next bull market.

The DeFi sector has experienced a successful month, but it is not without risks. One of the main concerns is the potential for on-chain liquidations triggered by a decline in the price of ETH.

Market capitalization and realized value are two important metrics used in the cryptocurrency market to assess the value of a particular coin or token. In this article, we will explore what these metrics mean and how they are calculated.

Tokenization is gaining popularity among banking giants and institutions worldwide. It involves digitizing real-world assets using blockchain technology. Major economies are testing bond issuance and fund tokenization to potentially improve the efficiency of global financial markets.

In the ongoing criminal fraud trial of Bankman-Fried, the CEO of FTX and Alameda Research, he finally took the stand to defend himself. He argued that the collapse of FTX and Alameda Research was not a deliberate fraud, but rather the result of various screw-ups and errors. Bankman-Fried emphasized that these issues were not solely his responsibility, but also the fault of his hand-picked lieutenants.

In a recent strategy session, crypto analyst Jason Pizzino shared his insights on when Bitcoin (BTC) could reach its next all-time high. Pizzino, who has a substantial following on YouTube, highlighted the historical correlation between Bitcoin's performance and that of the S&P 500.

According to André Dragosch, head of research at Deutsche Digital Assets, there has been a noticeable rise in activity among both small and large BTC wallet entities. This suggests that smaller investors are increasingly entering the market. The median value of transfer volumes on the Bitcoin blockchain has also seen a significant increase, indicating greater participation from small investors.

Last week, Cardano (ADA), Shiba Inu (SHIB), Dogecoin (DOGE), and Injective (INJ) experienced a significant rally in the crypto market, with gains of over 10%. However, a well-known analyst, Ali Martinez, has predicted a correction for these cryptocurrencies based on the TD Sequential indicator's sell signal.

A long-dormant Dogecoin (DOGE) wallet has suddenly awakened from its slumber, moving hundreds of thousands of dollars worth of the memecoin after nearly a decade of inactivity.

CME offers two types of bitcoin futures contracts: standard and micro. The standard contract is equivalent to 5 BTC, while the micro contract is one-tenth the size of 1 BTC.

As positive sentiment and FOMO push Bitcoin and altcoins prices to a year-high, crypto traders are eagerly awaiting major events this week that could potentially trigger another rally. One of the key events on their radar is the U.S. Federal Reserve's Federal Open Market Committee (FOMC) Meeting on October 31 and November 1. The outcome of this meeting will determine whether the Fed will proceed with further interest rate hikes or opt for a 'pause'.

A pseudonymous analyst known as Credible Crypto believes that Bitcoin (BTC) is preparing for a parabolic surge. With a growing following, Credible Crypto shares his insights on social media platform X.

The Ethereum-based decentralized exchange Uniswap (UNI) has recently experienced a significant amount of network activity, accompanied by strong selling pressure. However, crypto analyst Ali Martinez suggests that Uniswap may be on the verge of a trend reversal.

In conclusion, Solana, Chainlink, and Arbitrum are all showing positive signs in the market. Investors may consider buying SOL at $26-$28, LINK at $9.60-$10.00, and ARB at $0.85-$0.88 for potential gains. However, it is important to conduct thorough research and exercise caution when investing in altcoins.