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Markets
Salvadoran President Bukele Expects Bitcoin to Reach $100K This Year
El Salvador adopted bitcoin as an official currency last year.
Bitcoin Hashrate Mints New All-Time Highs
The metric has fully recovered after a plunge in mid-2021 as the Chinese government clamped down on local miners.
DeFi Protocol Convex Finance Crosses $20B in Locked Value
The protocol allows users to earn fees without locking Curve’s native tokens, a feature that has helped attract billions of dollars in capital.
Volatility Ruled Crypto Markets in 2021, From $69K Bitcoin to Elon Musk’s ‘Dogecoin to the Moooonn’
NFTs exploded, Coinbase stock went public, El Salvador bought the dip and China cracked down on bitcoin miners, while Solana’s SOL tokens and Polygon’s MATIC shot up by multiples of 90 or more. Here’s how crypto traders played it.
Cryptocurrencies Approach New Year in Positive Mood
Bitcoin advanced to its highest price in three days, though all of the biggest cryptocurrencies are negative for the week.
Market Wrap Year-End Review: Bitcoin ETF Rally Proved Short-Lived, and $100K Dreams Faded
In October, the long-awaited U.S. bitcoin ETF approval sent BTC’s price toward an all-time high of almost $69,000. But extreme leverage preceded a sell-off back down to $47,100 by the end of the year.
NFT Project Bored Ape Yacht Club Spawns ‘Left-Facing’ Copycats
The parody projects expose the absurdity of NFT communities and intellectual property concerns surrounding digital images.
Algorand Surges as Foundation Incentivizes DeFi Activity on Algofi
The announcement of liquidity rewards for a product built on Algorand put ALGO tokens among the few gainers on Thursday.
Cardano, Avalanche Lead Crypto Decline in Volatile Trading Session
Altcoins posted a mixed performance as the crypto market declined ahead of a major options expiry for bitcoin on Friday.
Bitcoin Investors Protect Against Even Lower Prices Ahead of New Year
Investors are buying options against falling prices ahead of a major expiry.
