Tags : week

Regulation

World Economic Forum to host cryptocurrency discussions at Davos this

The International Organization for Public-Private Cooperation has been vocal about its stance on the burgeoning crypto market. And it’s now discussing it more formally. WEF discusses crypto This week will see two cryptocurrency events take place between officials of the World Economic Forum, the international commerce think tank, as part of the high-profile Davos meeting. […]Read More

Market

Tether Mints Record 2B USDT in One Week

Tether printed two billion dollar-backed tokens last week, a new record for the leading stablecoin project. Over 24.6 billion tethers now circulate across Ethereum, Tron and Bitcoin’s Omni Layer, per data from Coin Metrics, up from 4.8 billion one year ago.  The growth comes from a variety of factors, said Sam Trabucco, quantitative trader at […]Read More

Bitcoin

3 Reasons Why Bitcoin Could Retrace Back to $34,000 This

Bitcoin dived by as much as 16.33 percent on Monday, almost inching closer to log its worst single-day performance since March 202o. However, the benchmark cryptocurrency narrowly escaped the bearish assault on favorable buying bias near its intraday low of $27,678. Bitcoin continues its corrective trend lower after hitting a record high on Sunday. Source: […]Read More

Ethereum

Ethereum Analyst Sees Record High This Week as Price Climbs

The cost to purchase one Ethereum might exceed its previous record high this week. That is, according to Josh Rager. On Monday, the independent market analyst said that he sees ETH/USD making a run towards the $1,250-1,350 area as resistance. Meanwhile, a clear breakout move above the said range would have the pair test its […]Read More

Cryptocurrency

Analyst explains why Polkadot’s DOT is up 50% in a

While Polkadot’s native token DOT is down 10 percent in the past day, it is still up 50 percent in the past week after it has undergone an extreme rally, outpacing basically all other large-cap cryptocurrencies. DOT is now the sixth-largest cryptocurrency in the world by market capitalization, having moved past Bitcoin Cash (BCH). At […]Read More

Cryptocurrency

3 reasons Litecoin is up 54% in 1 week, outperforming

In the past seven days, the Litecoin price has increased by over 60%. It is the best-performing cryptocurrency in the past week, outperforming both Bitcoin and decentralized finance (DeFi) tokens. There are three major reasons why Litecoin has been rallying in tandem with Bitcoin. The reasons are a breakout against BTC, the historical relevance of […]Read More