Cryptocurrency Markets

Legislation

Crypto Tax Proposal in US Has Had Limited Impact on Bitcoin Market

Lyllah LedesmaAug 3, 2021

Enactment of the bill, if it is passed and signed into law, is still far off.

USDT

USDT Usage on Ethereum Shifts Away From Asia Daytime Hours

Frances YueAug 3, 2021

The changing trading patterns in USDT might be the result of China's recent crackdown on cryptocurrency mining and trading.

Cryptocurrency Markets

Why Web 3.0 Tokens Might Be the Next Hot Trade in Cryptocurrencies

Omkar GodboleAug 4, 2021

Digital assets like livepeer, helium and bittorent have soared in value this year despite the recent slump in cryptocurrencies.

Crypto Funds

Digital Asset Funds Suffered Outflows as Bitcoin Price Recovered

Lyllah LedesmaAug 2, 2021

Bitcoin-focused funds had outflows totalling $19.7 million, partly offset by net inflows to funds focused on other categories, including multi-asset funds.

Ethereum

Ether Prints Record Winning Streak as London Hard Fork Looms

Omkar GodboleAug 2, 2021

Ether has notched a 12-day winning streak, the longest ever.

Cryptocurrency Markets

Tether

Crypto Long & Short: What’s Going On With Tether?

Galen Moore

Since the end of May, tether's growth has gone completely flat.

Cryptocurrency Markets

Bitcoin Price Over $41K After Longest Streak in 8 Years

Bradley Keoun

Stiff price resistance is still seen in the low $40,000 range, but analysts are wondering aloud if the worst of the recent bear market might have passed.

Payments

Dash Launches Retail-Focused DashDirect App to Boost Adoption

Omkar Godbole

The app allows users to pay for everyday purchases at national chain retailers with their DASH holdings.

Bitcoin

Bitcoin Climbs Past $40K for First Time Since Mid-June

Bradley Keoun

Market analysts say Monday's price gains accelerated amid a short squeeze.

Thorchain

Thorchain’s RUNE Token Tumbles After 2nd Exploit in 2 Weeks

Lyllah Ledesma

The latest exploit cost the blockchain protocol $8 million.

Axie Infinity

Axie Infinity Token Price Doubles in 2 Days

Lyllah LedesmaOmkar Godbole

The Axie Infinity platform's revenue could exceed $1 billion this year, based on a Delphi Digital projection.

Bitcoin

Bitcoin Drops Below $30K for First Time in 4 Weeks

Lyllah Ledesma

Wall Street is seeing "too much froth" and current virus jitters are triggering widespread panic selling of every top performing asset, including bitcoin, said one analyst.