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October 2, 2022

Arthur Hayes Says Ethereum (ETH) Merge Still Not Priced In, Lays Out Bottom Scenario for Crypto Markets

Arthur Hayes Says Ethereum (ETH) Merge Still Not Priced In, Lays Out Bottom Scenario for Crypto Markets

BitMEX co-founder Arthur Hayes says that the market still hasn’t priced in the significance of Ethereum’s (ETH) successful transition to a proof-of-stake consensus model. In an interview with Raoul Pal of Real Vision, Hayes says that the Ethereum network is now capable of supporting a new ecosystem filled with new businesses and protocols, something that hasn’t been …

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The week ahead’s three biggest cryptocurrency stories

The week ahead’s three biggest cryptocurrency stories

QUICK TAKE Here’s some of the biggest crypto stories to look out for as we enter the final quarter of 2022. Following a relatively busy week here’s what to keep an eye on as we enter the fourth quarter of the year. Celsius, the next hearing Last week, bankrupt crypto lender Celsius parted ways with CEO Alex …

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Bitcoin (BTC) Flashing Weak Hand Capitulation, Holding Steady Amid Stock Market Drop: Analytics Firm Santiment

Bitcoin (BTC) Flashing Weak Hand Capitulation, Holding Steady Amid Stock Market Drop: Analytics Firm Santiment

A leading digital asset analytics firm says one reliable technical indicator is suggesting that weak hands have already left the crypto markets. Santiment says it’s keeping a close watch on Bitcoin’s (BTC) volume, which the firm says has been in an uptrend since June when the king crypto printed its current bear market low. According …

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Coinbase Reports Issues With U.S. Users Depositing and Withdrawing From Banks

Coinbase Reports Issues With U.S. Users Depositing and Withdrawing From Banks

In Brief Coinbase said users experienced problems leading to failures for ACH withdrawals, deposits, and buys. The exchange users revealed other issues they are facing with the firm. Coinbase Status shows that the US bank payments issue has now been identified, and they are currently implementing a fix. Coinbase has released a statement saying it …

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Investors should read this before making a decision on UNI

Investors should read this before making a decision on UNI

Uniswap (UNI) recently outperformed every other crypto in the top-20 list in terms of market capitalization by registering figures of over 8% in seven-day gains. Interestingly, Messari’s data revealed that Uniswap has also consistently maintained a DEX market share of 75% throughout Q3. This, in many ways, is good news for the ecosystem.   However, while …

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Next few weeks are ‘critical’ for stock market and Bitcoin, analyst says

Alessio Rastani, a cryptocurrency analyst and trader, shares his outlook on crypto, stocks and the forex market for the next weeks.   The stock market’s movements in the next few weeks will be critical for determining whether we are heading towards a short-term recession or a long term-one, according to forex trader and crypto analyst …

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Over 34K BTC Left Exchanges on September 30th

Over 34K BTC Left Exchanges on September 30th

Investors withdrew more than 34,500 Bitcoin (BTC) from exchanges on September 30th. This is one of the largest Bitcoin withdrawals from exchanges since the massive Bitcoin sell-off in mid-June, 2022. This shows investors could get ready for the last quarter of the year with increased confidence, according to Santiment, one of the largest market intelligence platforms in …

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Terra could leave a similar regulatory legacy to that of Facebook’s Libra

The algorithmic stablecoin ban has sparked a range of arguments in the crypto industry as it is being seen as a watershed momen ANALYSIS   New draft legislation on stablecoins in the United States House of Representatives proposed to impose a two-year ban on new algorithmically pegged stablecoins like TerraUSD (UST). The proposed legislation would require the Department of …

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Terra (LUNA) Collapse Big Step Backward for Crypto Decentralization: Ethereum (ETH) Creator Vitalik Buterin

Terra (LUNA) Collapse Big Step Backward for Crypto Decentralization: Ethereum (ETH) Creator Vitalik Buterin

The co-founder of Ethereum (ETH) says the implosion of stablecoin issuer Terra (LUNA) earlier this year dealt a big blow to the decentralization of crypto. In an interview with The New York Times, Vitalik Buterin says decentralization in the crypto space has been progressing in the right direction since the epic collapse of defunct digital …

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Ethereum’s dwindling NFT sales and buyers have a Solana twist which looks like…

Ethereum’s dwindling NFT sales and buyers have a Solana twist which looks like…

NFTs, once a trending keyword in 2021, are seeing their traction and popularity fade in 2022, especially as NFT metrics slide down. Big bulls such as Ethereum-based NFTs have, understandably, faced severe repercussions too. Ergo, the question – Can Ethereum’s competitors capitalize on this opportunity? If so, can it make its way back to the top? Raising …

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