According to data from CoinMarketCap, a whopping US$200 billion of market cap was wiped out in just 24 hours from digital assets.
CoinGecko has recently reported that the total cryptocurrency market cap has broken its previous all-time high of $2.62 trillion and went up by another 14.5% in less than three weeks.
Now,…
The share price of cryptocurrency services company Bakkt (BKKT) skyrocketed after it has been revealed that Bakkt formed partnerships with two prominent payments firms -- Mastercard and Bakkt.
BKKT went bullish…
Last Week Recap
It was the week of NFT, Play to Earn games. For those who are not aware, Axie Infinity, the undisputed leader in PtoE game genre has skyrocketed and…
While concerns regarding a Chinese crypto crackdown are afoot, decentralised derivative exchange dYdX experienced a spike in trade activity -- outperforming even Coinbase's spot markets for the first time ever.
CoinGecko…
Last Week Recap
China's last week announcement to treat all cryptocurrencies transactions as illegal did little to dampen the cryptocurrency market. Quality projects like ETH, LINK and ADA recovered. In our view, the…
Chinese real estate giant Evergrande announced that they would settle interest payments on a domestic bond as China pumps $17 billion into its financial system.
What follows after is the temporary…
This week started off with the value of Bitcoin and other cryptocurrencies taking a plunge during a global selloff in risk assets, dropping by 11% in less than 24 hours…
While Bitcoin still takes the number one spot in terms of market capitalisation, Ethereum is still a force to be reckoned with. Some even believe that Ether (ETH) -- the…
Last Week Recap
Ever since the major sell-off on Sep 7, the crypto market has been range trading for almost two weeks. The good news is that the lows are higher in the…