Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’

The weekend is upon us and fear remains the dominant short-term sentiment in the cryptocurrency market. Earlier today Bitcoin (BTC) price dropped to $47,250 and investors are biting their nails after data... Read more »

Someone Just Spent $10M in Ethereum on a Rare CryptoPunk NFT

Key Takeaways CryptoPunk #4156 sold for $10.26 million today, placing it among the largest sales in the collection. The NFT currently is the most expensive CryptoPunk sold on the blockchain in terms... Read more »

Prominent investor speculates why Terra’s algo-stablecoin (UST) triumphed over Synthetix (sUSD)

As the market capitalization of Terra’s algorithmic stablecoin that tracks the value of the US dollar topped $8.5 billion–investors speculate what is driving the adoption and how exactly did UST manage to... Read more »

Indian Prime Minister Narendra Modi to Take Final Decision on Cryptocurrency Regulation

A high-level meeting is reportedly being held on cryptocurrency regulation in India and Prime Minister Narendra Modi will take a final decision on how India will regulate the crypto sector. All options... Read more »

Bitcoin Core developer Samuel Dobson decides it is “Time to go”

Developer Samuel Dobson announced via a series of tweets on Thursday night that he is stepping down as a Bitcoin Core maintainer after 3 years. His reason being that he “can no... Read more »

What Went Wrong at Sushi? Unpacking the DeFi Project’s Woes

Key Takeaways Joseph Delong has left Sushi following internal conflict with other developers. The news comes amid a wave of controversies and several months after co-founder 0xMaki stepped down from a leadership... Read more »

Bloomberg analyst predicts Bitcoin could hit $100k in 2022

With the year coming to an end in the next 22 days, the chance of Bitcoin meeting its $100k target is getting slimmer with each passing day especially as the coin recently... Read more »

Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages

Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new coin minting facilities to the grid, after... Read more »

Ripple chair’s pay-off plan to convince BTC miners to adopt Proof of Stake

Executive Chairman and Co-founder of Ripple Chris Larsen has unveiled his plan for Bitcoin miners to move away from Proof of Work (PoW), saying they should view it as “a net positive... Read more »

Data shows pro traders are currently more bullish on Ethereum than Bitcoin

Most traders have noticed that Ether (ETH) price has seriously outperformed Bitcoin (BTC) for months now and the ETH/BTC ratio has rallied more than 230% in 2021 and recently hit a new... Read more »