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Trading
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.
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.
Market Wrap Year-End Review: El Salvador Adopted Bitcoin, Then Bought the Dip
The country’s adoption of BTC as legal tender wasn’t enough to keep the cryptocurrency near $50K in September.
Thetan Arena Battles Axie Infinity in ‘Play-to-Earn’
The games are completely different, but Thetan Arena is joining Axie Infinity in the hunt for crypto-friendly players when there are still scant offerings in the “play-to-earn” space.
Market Wrap Year-End Review: Altcoins, NFTs Filled Void When Bitcoin Got Boring
In mid-2021, crypto traders turned their attention to “Ethereum killers” and ridiculous-seeming NFTs that fetched hundreds of thousands of dollars.
Bitcoin Long-Term Holders Stay Strong Despite $20K Drop From Last Month’s High
Falling prices have done little to deter holders of the world’s largest cryptocurrency.
