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ASTR, ACA and SAITO went on a month-long rally shortly after the Polkadot ecosystem intensified its move toward DeFi and EVM compatibility. The Polkadot ecosystem sorely underperformed compared to other layer-1 networks in 2021, while the slow roll-out of parachain auctions and mainnet launches left the network playing catch-up in 2021. It appears that this...
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In 2021, the firm made seven investments and one exit in an early-stage NFT business. On Friday, NFT Investments PLC, a U.K.-based blockchain firm that invests in companies operating in the nonfungible tokens, or NFTs, space, announced that it would no longer pursue a 96 million pound acquisition of Pluto Digital. Although it did not...
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The Financial Conduct Authority named CEX.IO, Revolut, Copper, Globalblock and Moneybrain as companies in the crypto space temporarily allowed to operate in the United Kingdom. The number of firms permitted to offer crypto services to U.K. residents under temporary registration status from the Financial Conduct Authority has dropped from 12 to five.  According to a...
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Regulatory uncertainty, potential competition from tech giants and a market nearing exhaustion are all factors impacting ETH price. After a 42% rally over a three-week period, Ether (ETH) peaked at $3,580 on April 3 and since then, a 12% correction to $3,140 has taken place. Tech giants launching their own smart contract platforms and regulatory...
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The strength in the U.S. dollar may keep Bitcoin and select altcoins under pressure in the short term. Bitcoin (BTC) and most major altcoins are attempting to defend the immediate support levels, indicating that bears sense an opportunity and are looking to take control of the price action. The short-term price action does not seem...
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Prohibiting crypto services was one of three financial measures the European Commission proposed in addition to an import ban on Russian coal. The Council of the European Union has cut Russians off from certain cryptocurrency services as part of a package of restrictive measures against Russian President Vladimir Putin’s “brutal aggression against Ukraine and its...
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All the deals, trends, moves and investments in 2021 across the blockchain landscape are analyzed in the latest research paper by Cointelegraph Research. 2021 was an interesting year in the crypto world. Bitcoin (BTC) hit all-time highs in several different metrics including adoption, media coverage and price action. It has been exciting to see all...
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Support and resistance aside, it’s all about the yearly pivot for Bitcoin price action, says Decentrader’s Filbfilb. Bitcoin (BTC) is at a “pivotal” point and faces macro forces that could influence it for “months to come,” fresh research says. In its latest market update on April 8, trading suite Decentrader called for more attention to...
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The site will use a combination of solar panels and battery storage from excess daylight to power Bitcoin mining. On Friday, cryptocurrency storage company Blockstream and Block Inc. (formerly Square) announced the construction of a solar-powered Bitcoin (BTC) mining facility in Texas. As told by Blockstream, the mining site will be outfitted with 3.8 megawatts...
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ASTRO price rallied to a new all-time high after the launch of xASTRO staking and traders’ expectation that the Terra ecosystem will soon wage its own version of the “Curve wars.” Projects that launch on up-and-coming blockchain networks can often benefit from a low competition environment that allows them to attract  new users and liquidity...
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