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“# Top 5 cryptocurrencies to watch this week: BTC, ETH, DOT, AAVE, SNX ” As Bitcoin price trade sideways, traders are keeping an eye out for new purchases from institutional investors in order to gauge whether BTC’s correction is over. MicroStrategy’s recent purchase of 314 Bitcoin at an average price of $31,808 is a mild sentiment…
“# The impact of Bitcoin hacking incidents in the crypto market ” In the 2013–2017 period, 29 hacks occurred in the Bitcoin market where a total of 1.1 million Bitcoin were stolen. Noting that the average price for Bitcoin (BTC) in December 2020 exceeded $20,000, the corresponding monetary equivalent of losses is more than $22…
“# Ultra-rare alien CryptoPunk NFT sells for 605 ETH, or $750,000 ” Amid a wild market-wide bullrun for non-fungible tokens (NFTs), an ultra-rare “alien” CryptoPunk has sold today for 605 Ether, worth over $750,000 at today’s prices. CryptoPunks are widely considered to be the original NFT project, released even before Cryptokitties, the blockchain-based collectibles project…
“# Wen? Now! BadgerDAO’s synthetic rebasing Bitcoin, DIGG, goes live ” After weeks of anticipation and a closely-watched series of preparatory steps, BadgerDAO’s synthetic rebasing Bitcoin, DIGG, is now live and claimable for qualified addresses on Ethereum mainnet. The release will be eagerly welcomed by a perhaps-overzealous community, one which has been lighting up Twitter…
“# Price analysis 1/22: BTC, ETH, DOT, XRP, ADA, LTC, LINK, BCH, BNB, XLM ” Aggressive profit-booking sent Bitcoin (BTC) spiraling below $29,000 on Jan. 21 but was this a sign that institutional investors dumped their positions? This is one of the main questions bothering traders because large institutional inflows primarily led the run-up to…
“# Russian opposition leader Navalny immortalized in NFT artwork ” Russian political opposition leader Alexey Navalny is the latest subject to be tackled by the burgeoning non-fungible token art world. An animation inspired by the recently-arrested Kremlin critic was minted into an NFT and released on the SuperRare platform on Jan. 21. The 1/1 artwork,…
“# Clever Aave to Matic bridge keeps track of yields ” The first Aave-friendly Ethereum to Matic bridge has opened for business, allowing users to port Aave’s interest-bearing aTokens back and forth between the DeFi protocol and the faster, cheaper layer-two network. The bridge was developed and launched by Nick Mudge, Lead Solidity Developer of…
“# Another day, another airdrop: power DeFi users can now claim Stake DAO tokens ” Active decentralized finance (DeFi) users woke up yesterday to yet another “airdrop” of governance tokens, this time courtesy of self-described “multi-service platform” Stake DAO — but, due to the unique distribution method and some bugs in the rollout, eligible users…
“# 3 ways the next altcoin bull cycle will vastly differ from 2017’s ” A recent report from CoinMetrics suggests that when a new altseason starts it will play out in a way that is vastly different from the market of 2017-2018. According to the authors of the report, the arrival of institutional investors and…
“# Bitcoin whitepaper fight could end up in court as both parties escalate drama ” The unfolding drama surrounding the ownership of the Bitcoin (BTC) whitepaper could very well make its way to the courts, after both sides embroiled in the dispute told Cointelegraph they’re ready to “go all the way.” On Jan. 21, the…