Metaverse and gaming-related tokens have suffered steep losses during a time when the broader crypto market is fighting through a weekend sell-off. Decentraland (MANA), the top-ranking metaverse asset according to the cryptocurrency analysis firm Messari, is down 25% in the last seven days. MANA reached a market capitalization of $10 billion on Nov. 25 but […]
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Decentralized exchanges (DEX) have grown massively since 2019, while the number of active exchanges – whether centralized or decentralized – has dropped in the same time period, according to Chainalysis’ latest report. This finding, which the blockchain data firm published Tuesday, showed that as cryptocurrency exchange competition has intensified, the crypto market – especially large, […]
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Bitcoin’s two bull runs of 2021 have differed from those in past years. One key distinction has been decreased volatility expectation. This metric, which shows the cryptocurrency’s expected price swings, did not spike when bitcoin’s price hit record highs in April and then in October, indicating that bitcoin may be evolving into a more mature […]
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Bitcoin’s October rally appears to have put the cryptocurrency on a firm footing ahead of central bank meetings in the U.S., U.K., and Australia to assess the stickiness of inflation and determine policy response. The top cryptocurrency rallied nearly 40% in October, hitting a fresh record high of $66,975 as investors cheered positive seasonality and […]
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Stablecoins have a hegemonic hold over the crypto derivatives space. Most of the perpetual contracts across the CEX.IO cryptocurrency exchange [Ed note: taking CEX to mean the exchange] are priced in stablecoins, and all contracts on the FTX exchange are USD margined. Likewise, all perpetuals on decentralized finance (DeFi) derivative protocols like Perpetual Protocol and […]
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“NFTs have opened up the public’s eyes to the wide range of blockchain applications out there. The concept of NFTs as an immutable proof of ownership is very powerful, so we’re excited to see where our NFT marketplace will take us,” said Jeff Mei, director of strategy at Huobi Group, in a statement.
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Two veterans of Riot Games have launched Patron, an early stage venture firm focusing on the convergence of games and consumer startups, a space the founders call the “Spectrum of Play.” Patron’s debut $90 million seed fund is backed by more than 100 limited partners, including Chris Dixon and Arianna Simpson of Andreessen Horowitz (a16z) […]
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Crypto meme lords have ignited a run on tungsten cubes. A two-day-old Twitter joke – “Crypto Traders to Blame for Global Tungsten Shortage” – is trending toward reality – at least if that reality is limited to desk tchotchkes. It’s also forcing the Illinois manufacturer behind tungsten.com to grapple with an unexpected retail buying spree […]
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Celsius vs. Nexo is a comparison you may have to make if you’re looking to earn relatively passive APY on your cryptocurrency assets. Celsius and Nexo are both UK-based companies and are both actively competing for their slice of the global market of cryptocurrency holders. The following Celsius vs. Nexo review examines the nuances of […]
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Prince Andrew is about to have a showdown with the American Department of Justice. Thus far, the Duke of York has not cooperated with the DOJ concerning their request for information in the Jeffrey Epstein case. But that may not be the case for very long. Prince Andrew may be taking up a fight he […]
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