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“# Cryptocurrency market cap hits $2 trillion — Now worth as much as Apple ” The market capitalizations of all cryptocurrencies in existence surpassed $2 trillion on April 5, according to data from Goingecko, led by the impressive growth of Bitcoin (BTC), Ether (ETH) and other altcoins in 2021. The cryptocurrency market as a whole…
“# No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption ” Shark Tank and Dragon’s Den personality Kevin O’Leary is taking a stand against what he terms “blood coin,” that being Bitcoin (BTC) mined in China. The investor declared that he would only deal with “clean coin” — coins mined…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, DOT, EOS ” Historical trends act as a gauge for traders to assess the possibilities for the future. April has been a bullish month for Bitcoin (BTC) with eight monthly closes in the green and only two instances of negative returns. Danny Scott, the…
“# VORTECS Report: Storage coins rev up gains as Markets Pro rides the green wave ” It’s been another great week for altcoins as the total market capitalization of all cryptocurrencies moves within spitting distance of the $2 trillion mark. And it’s been equally positive for the Cointelegraph Markets Pro platform, which tracks crypto market…
“# ReDeFining growth: Innovative trends impact evolution of blockchain tech ” Over the last year, the decentralized finance space has been making waves in the financial sector, building on blockchain technology to decentralize a multitude of banking services. The adoption of DeFi services has been steadily on the rise, and all kinds of assets are…
“# Blockchain-based renewable energy marketplaces gain traction in 2021 ” Concerns about energy production, resource consumption and its impact on the environment are one of the dominant topics of debate on the global stage. The intensive energy costs of mining Bitcoin and other proof-of-work cryptocurrencies are also frequently pointed to as a serious downside to…
“# Return of the oracles: Band Protocol, API3 and DIA price soar to new highs ” Nonfungible tokens (NFTs) have been the talk of the town over the past few months, but as the start of the second quarter gets underway for the global financial markets, it possible that traders may start looking for opportunities…
“# $161M Ethereum options expiry tilts toward bulls as ETH flips $2K to support ” With no short-term solution in sight for the surging network fees, some investors are afraid that Ether (ETH) price could face a correction. The EIP-1559 proposal is set to be bundled with the impending London upgrade, and this will change…
“# Price analysis 4/2: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, THETA ” According to a recent research note by JPMorgan, institutional investors have withdrawn about $20 billion from their gold investments since mid-October and during the same time frame, institutional inflows into Bitcoin (BTC) have increased by $7 billion. The bank said,…
“# DeFi TVL quietly climbs to record highs while the NFT boom subsides ” Hype cycles can work wonders for token prices and social media statistics, but they also bring increased pressure on developers to launch a functioning product that validates its rising market cap. As nonfungible tokens took center stage over the past six…