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“# Electronic music pioneer Aphex Twin sells NFT for $127K in Ether ” Electronic music legend Aphex Twin is the latest artist to join the ongoing non-fungible token mania in the music industry. Richard D. James, popularly known as Aphex Twin, officially announced his own NFT release on major NFT platform Foundation on Saturday. I’m…
“# Over 6,000 XRP holders volunteer as third party defendants in SEC lawsuit ” XRP coin holders have attempted to insert themselves as third-party defendants in the United States Securities and Exchange Commission’s lawsuit against Ripple Labs. A motion to intervene was filed by John Deaton of Deaton Law Firm on March 14 on behalf…
“# Supply chain tokens see triple-digit gains as the global economy recovers ” Over the last few weeks, blockchain projects focused on supply chains and logistics have seen tremendous growth as the coronavirus-induced economic gridlock begins to loosen and future concerns related to the global pandemic subside. Three logistics projects that have benefited from the…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, VET, XMR, FTT ” Bitcoin (BTC) has risen more than 1,000% since March 2020 and this shows that the digital asset has outperformed traditional asset classes like equities, commodities and bonds by a massive margin. The resilience of Bitcoin even after the sharp rally continues…
“# Bitcoin price rally to $61,800 shows BTC bulls are in full control ” On March 13 bulls took full control of the crypto market as Bitcoin (BTC) price vaulted to a new all-time high at $61,844 after a high volume surge pushed the price through overhead resistance near $58,000. Analysts had spent the week calling…
“# What does it mean to be bullish or bearish in crypto? ” When talking about markets, both mainstream and crypto, “bullish” and “bearish” often come up in headlines and conversation, although such usage typically depends on financial knowledge and experience. What do the two terms mean? Bullish and bearish refer to market sentiment, seen…
“# Coinbase effect and strong fundamentals send Polygon (MATIC) and Skale higher ” In previous bull markets, one of the most consistent price movers for cryptocurrency projects was being listed on Coinbase, a phenomenon that became known as the ‘Coinbase effect’. The recent announcement that Polygon (MATIC), SKALE (SKL) and SushiSwap (SUSHI) would be added…
“# Altcoins sell-off after Bitcoin price rejects near its $58K all-time high ” Optimism continues to percolate in the cryptocurrency sector on as recent gains in Bitcoin (BTC) have helped push the valuation of the top-ranked cryptocurrency past that of the South Korean won. Data from Cointelegraph Markets and TradingView shows that the price of…
“# Price analysis 3/12: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH ” Bitcoin (BTC) missed hitting a new all-time high on March 11 by just a whisker as Oracle Corporation denied rumors that it had purchased about 72,000 Bitcoin. This suggests that traders could be looking for signs of greater institutional adoption…
“# Ankr gains 137% after becoming the top validator on Binance Smart Chain ” It’s hard to argue that the crypto market is not in a bull market right now, but this run does show different characteristics and catalysts than the 2017 bull market. In 2017, investors were hyped by the allure of high returns…