Cryptocoins News / CoinJournal - 2 years ago
Key Takeaways
Cryptocurrency industry was valued close to $3 trillion entering 2022, now it is $800 billion&
There are 73% less Bitcoin millionaires after 2022
Bitcoin has pulled back 75% from its all-time high of close to $69,000
25% of the bi...
Cryptocoins News / CoinJournal - 2 years ago
Key Takeaways
Crypto exchange Huobi is reportedly laying off 20% of its workforce and has requested employees take their salaries in stablecoins
Internal communication has reportedly been suspended in order to quell discontent
Customers are pulling...
Cryptocoins News / CoinJournal - 2 years ago
Huobi Token is the best performer amongst the top 100 cryptocurrencies by market cap so far today.
The Huobi crypto exchange is set to lay off 20% of its workers amidst the crypto winter.
The broader crypto market could end the week in the red...
Cryptocoins News / CoinJournal - 2 years ago
Cowen cited the absence of clarity on a possible trading volume recovery after FTX collapsed&
Cowen also reduced its price target on the shares
Coinbase has features that make it one of the safest platforms to trade
Financial services and in...
Cryptocoins News / CoinJournal - 2 years ago
Silvergate held deposits for FTX units and Alameda Research
Silvergate appears to be most at risk from what happened to FTX &
Shares plunged by more than 40% &
Shares of crypto bank Silvergate Capital Corp. have plummeted. The company sa...
Cryptocoins News / CoinJournal - 2 years ago
You could see another company start to struggle a month from now that’s tied to FTX&
Sometimes there’s a bit of a lag period before everything is uncovered.&
John Todaro, Principal of crypto and blockchain research at Needham...
Cryptocoins News / CoinJournal - 2 years ago
TON Storage is a new file sharing and data storage platform on the TON blockchain.
An incentivised node ecosystem means users can file and store data for perpetuity.
Users will utilise smart contracts to pay nodes using Toncoin, the native token on...
Cryptocoins News / CoinJournal - 2 years ago
According to leading industry experts, GameFi and play-to-earn (P2E) are set to explode in 2023-2025. New market entrants in this sector are already gaining significant traction with investors, often at the expense of more established players in the...
Cryptocoins News / CoinJournal - 2 years ago
Bob Diamond believes that cryptocurrency is a very broad term.
The former Barclays CEO said the big lesson with FTX’s collapse is onshore vs. offshore.
His firm Atlas Merchant Capital is an active investor in the stablecoin issuer Circle....
Cryptocoins News / CoinJournal - 2 years ago
Internet Computer is a major blockchain project valued at over $1 billion.
ICP’s token has slumped by over 95% from its all-time high.
Its ecosystem is a bit weak to justify a billion-dollar valuation.
Internet Computer has had a specta...
Cryptocoins News / CoinJournal - 2 years ago
Bitcoin price steadied above $16,800 as US Federal Reserve officials agreed to slow its pace of interest rate hikes.
The latest FOMC minutes indicate that US policymakers are focused on controlling the pace of price hikes.
Bitcoin could surge p...
Cryptocoins News / CoinJournal - 2 years ago
Ethereum Classic is the best performer amongst the top 50 cryptocurrencies by market cap today.
ETC is up by more than 4% today and has added 21% to its value in the last seven days.
The broader crypto market is underperforming after a positive...
Cryptocoins News / CoinJournal - 2 years ago
Bonk has captured the attention of most traders and investors.
History suggests that Bonk price will implode soon.
Tokens like Tamadoge, Saudi Shiba Inu, and Dogelon have been forgotten.
Bonk price has made headlines in 2023 as it became one...
Cryptocoins News / CoinJournal - 2 years ago
Comfortability is essential in managing and growing your portfolio.
A good trading desk setup helps to counter the stress of training and increase the chances of success.
Here are some essential requirements for creating the perfect trading desk set...
Cryptocoins News / CoinJournal - 2 years ago
Despite the current crypto winter more and more people would want to link their businesses to cryptocurrencies.
Online casinos are now accepting crypto deposits and withdrawals.
There are also various companies that have ventured into creating infra...
Cryptocoins News / CoinJournal - 2 years ago
MEXC Venture’s $20 million ecosystem fund targets support for key projects on Layer 1 blockchain Sei Network.
Sei Network secured $5 million in August from investors such as Coinbase Ventures and Multicoin Capital.
The platform plans to suppor...
Cryptocoins News / CoinJournal - 2 years ago
Ethereum hovered around the $1,250 resistance on Wednesday
Ethereum network surpassed Bitcoin in transaction volumes in 2022
Wait for a bullish confirmation before buying ETH
Ethereum (ETH/USD) is trading at its crucial resistance zone of $1,...
Cryptocoins News / CoinJournal - 2 years ago
Cardano recovered by 4% on Wednesday after hitting a two-year bottom
Whale activity has been reported to be on the rise
The cryptocurrency remains on a downtrend with no confirmed bullish momentum
Cardano (ADA/USD) is taking a stride higher a...
Cryptocoins News / CoinJournal - 2 years ago
CoinMetrics data shows the Bitcoin blockchain registered over $8 trillion worth of transfers in 2022.
According to the data, the total amount transferred via the blockchain fell off in the second half of the year.
Bitcoin also saw an increase in blo...
Cryptocoins News / CoinJournal - 2 years ago
Solana token has gained by almost 40% in a week as network activity surge
The weekly gains have been inspired by the Bonk token airdrop
SOL faces resistance at $14
Solana (SOL/USD) is making a strong return after a difficult spell in 2022. Fr...
Cryptocoins News / CoinJournal - 2 years ago
Litecoin has gained 13% in the past week
The network ended 2022 with record transactions
Investors speculate further gains, although $80 is a crucial level to watch
Litecoin (LTC/USD) began 2023 on a strong footing. The cryptocurrency is amon...
Cryptocoins News / CoinJournal - 2 years ago
Indonesia is planning to launch a national cryptocurrency exchange in 2023.
The government will transfer regulatory powers over such assets to the Financial Services Authority soon.
The country’s central bank is also working on launching...
Cryptocoins News / CoinJournal - 2 years ago
Bonk is a meme coin launched on Solana on Christmas Day
It has surged close to 2,500%
Solana, meanwhile, has collapsed following associations with Bankman-Fried and top projects fleeing the blockchain
Our Analyst writes that this is not the climate...
Cryptocoins News / CoinJournal - 2 years ago
Near Protocol price jumped on Wednesday.
This price was in sync with other Sam coins like Solana and Serum.
Near Protocol paused its remarkable sell-off as Sam Coins staged a strong comeback. The coin rose to a high of $1.428, which was the hig...
Cryptocoins News / CoinJournal - 2 years ago
Regulation can make consumers more comfortable using cryptocurrency&
The sector needs more regulation on stablecoins and spot markets
Crimes like FTX (fraud) don’t need to be addressed by modern policy
Proper crypto regulation could att...