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Weekly overview

Read more about the article Bitcoin price bounces off $42K as order book imbalance turns ‘crazy’

Bitcoin price bounces off $42K as order book imbalance turns ‘crazy’

  • Post author:admin
  • Post published:January 7, 2022
  • Post category:Weekly overview

No challenge of $40,000 yet as analysis reveals that active bears are selling into a black hole. Bitcoin (BTC) briefly touched $43,000 prior to Wall Street opening on Jan. 6…

Continue ReadingBitcoin price bounces off $42K as order book imbalance turns ‘crazy’
Read more about the article Five coins that saw huge gains in 2021

Five coins that saw huge gains in 2021

  • Post author:admin
  • Post published:January 7, 2022
  • Post category:Weekly overview

Twelve-month gains for these altcoins range from 673.8% to 29,513,624%. The year 2021 was unprecedented for crypto, with Bitcoin (BTC) and Ether (ETH) gaining 60.58% and 408.5% throughout the year,…

Continue ReadingFive coins that saw huge gains in 2021
Read more about the article Tribal Credit raises $40M in ‘hybrid’ debt round funded by dollars and stablecoins

Tribal Credit raises $40M in ‘hybrid’ debt round funded by dollars and stablecoins

  • Post author:admin
  • Post published:January 7, 2022
  • Post category:Weekly overview

The company is pushing new use cases for blockchain payments through its partnerships with Bitso and Stellar Development Foundation. Crypto-focused enterprise payment platform Tribal Credit has concluded a $40 million…

Continue ReadingTribal Credit raises $40M in ‘hybrid’ debt round funded by dollars and stablecoins
Read more about the article Major payments app WeChat to add support for China’s digital yuan

Major payments app WeChat to add support for China’s digital yuan

  • Post author:admin
  • Post published:January 7, 2022
  • Post category:Weekly overview

While WeChat isn't as popular outside of China as WhatsApp, it is ubiquitous on the mainland. WeChat, China's largest messaging app and one of the country's most popular payment services,…

Continue ReadingMajor payments app WeChat to add support for China’s digital yuan
Read more about the article Polygon network activity spikes as NFT sales reach new height

Polygon network activity spikes as NFT sales reach new height

  • Post author:admin
  • Post published:January 7, 2022
  • Post category:Weekly overview

Polygon's NFT market continues to attract users, though the demographic is more aligned to gaming companies and developers than collectibles as on the Ethereum network. The number of nonfungible tokens…

Continue ReadingPolygon network activity spikes as NFT sales reach new height
Read more about the article Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto markets

Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto markets

  • Post author:admin
  • Post published:January 7, 2022
  • Post category:Weekly overview

Ether lost roughly 13.50% versus Bitcoin’s 9% decline in the past 24 hours. Ethereum’s native token, Ether (ETH), plunged sharply hours after the United States Federal Reserve released the minutes of…

Continue ReadingEthereum plunges 13%, down more than Bitcoin after Fed spooks crypto markets
Read more about the article Billionaire Ray Dalio recommends ‘reasonable’ 1%–2% Bitcoin allocation

Billionaire Ray Dalio recommends ‘reasonable’ 1%–2% Bitcoin allocation

  • Post author:admin
  • Post published:January 7, 2022
  • Post category:Weekly overview

Newly minted Bitcoin supporter Ray Dalio agrees that Bitcoin should make up a small percentage of investors’ portfolios in 2022. Hedge fund manager Ray Dalio remains bullish on Bitcoin (BTC)…

Continue ReadingBillionaire Ray Dalio recommends ‘reasonable’ 1%–2% Bitcoin allocation
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