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” Bitcoin gains superior to stocks in the long term, economist says “ The recent crashes in stock and cryptocurrency markets have provided yet another chance to observe the better return opportunities of crypto versus stocks, according to several industry executives. This week, the crypto market saw one of its biggest sell-offs ever, with the…
” New $250M TONcoin Fund targets DEX and NFT tools on TON blockchain “ The TON Foundation, an organization building on the Telegram-initiated blockchain project, The Open Network (TON), has chosen the TONcoin Fund as its official ecosystem fund. The TONcoin Fund announced on Monday the launch of an ecosystem fund focusing on supporting TON-based projects,…
” Huobi Tech to launch crypto tracking ETF in Hong Kong for retail traders “ Huobi Tech, a public listed fund manager in Hong Kong, plans to launch a cryptocurrency tracking exchange-traded fund (ETF) for retail investors. The Hong Kong Stock Exchange-listed company has reportedly submitted a proposal to the Securities and Futures Commission (SFC)…
“# Ethereum price moves toward $3K, but pro traders choose not to add leverage ” Even though Ether (ETH) price bounced over 20% from the $2,300 low on Feb. 22, derivatives data shows that investors are still cautious. To date, Ether’s price is down 24% for the year, and key overhead resistances lay ahead. Ethereum’s…
“# New research expects a gloomy year for Bitcoin as DeFi and DAOs rise ” Another major player in the cryptocurrency world is forecasting a dismal year for Bitcoin (BTC) in 2022. Following the Federal Reserve’s and other central banks’ tightening of liquidity measures, Huobi Research believes that BTC will enter a bear market. On…
“# MXC’s 200% gain hints that LoRaWAN IOT mining projects could rally in 2022 ” Cryptocurrency mining has become a hot topic of conversation over the past couple of years due to its lucrative nature and the impact the industry has on the environment. The emergence of Web3 and the increased presence of Internet of…
“# 70% of US crypto holders started investing in 2021: Report ” The vast majority of cryptocurrency owners in the United States made its first-ever crypto investments just within last year, according to a new survey. About 70% of crypto hodlers in the U.S. started investing in cryptocurrencies like Bitcoin (BTC) in 2021, according to…
“# Ether drops below $3,800, but traders are unwilling to short at current levels ” Even though Ether (ETH) reached a $4,870 all-time high on Nov. 10, bulls have little reason to celebrate. The 290% gains year-to-date have been overshadowed by Dec.’s 18% price drop. Still, Ethereum’s network value locked in smart contracts (TVL) increased…
“# Finance Redefined: Polygon fixes $24B bug, Hoskinson optimistic for Cardano in 2022, Dec. 24–31 ” Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. As the calendar year comes to an end, Cardano’s personable leader Charles Hoskinson shares a message of optimism, unity and collaboration for the future of crypto. As a gesture…
“# ‘Net neutral’ — Rising Bitcoin exchange balances could be due to Huobi Chinese user block ” Bitcoin (BTC) balances rising on exchanges may not be a sign of investors preparing to sell, new research argues. Unveiling the latest data from across exchanges on Dec. 28, Glassnode on-chain analyst TXMC pointed the finger at fresh…