Altcoin News

Pundits say crashing floor prices and sell volume signal that ‘the NFT market has died’

High-profile NFT sales have dominated the headlines, but the deeper analysis shows that most NFTs are worthless and that the market is highly illiquid.

Ethereum’s spot setup looks grim, but derivatives data tells a different story

Ether price is stuck in a rut, but derivatives data shows pro traders are bullish even with ETH below $3,000.

DeFi’s potential means more institutional demand for next-gen tokens

Ether’s impressive YTD gains have largely been overshadowed by the profits accrued by other smart contract-enabled projects.

Deutsche Boerse launches Solana and Polkadot ETNs by VanEck

Three new crypto ETNs are now live on Deutsche Boerse, following previous ETN listings on BTC, ETH, BCH and LTC.

Solana attributes major outage to denial-of-service attack targeting DEX offering

The Solana Foundation says bots spammed the Grape Protocol IDO on Raydium with 400,000 transactions per second, bringing the network to its knees.

Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms

Layer-2-based DeFi and DEX platforms have seen an incredible surge in user activity, revenue and total value locked since the launch of Arbitrum and Avalanche’s...

Trending News

SEC registrants seek DeFi and physically-backed Bitcoin ETF approval

Amplify ETFs, Invesco and Galaxy submitted registrations to the U.S. SEC for Bitcoin and DeFi-based ETF offerings. Crypto companies from the United States filed two...

HSBC CEO backs CBDCs against crypto and stablecoins

Banking giant HSBC echoes global stablecoin concerns, calling for regulation to be equivalent to its adoption level. HSBC, the largest European bank with total assets...

10% of early-stage startups working on blockchain: GSER 2021

Blockchain-based startups continue to account for a significant proportion of newly established business entities across the globe. With venture capital funding seemingly prioritizing emerging technology,...

Bitcoin miner Genesis Digital Assets raises $431M

Genesis Digital previously raised $125 million in an equity funding round led by Kingsway Capital in July 2021. Major Bitcoin (BTC) mining company Genesis Digital...

Commodity strategist predicts Bitcoin ETF could get the nod in US next month

A Bitcoin ETF could be approved by U.S. regulators by October. according to Bloomberg Intelligence Commodity Strategist Mike McGlone. Bloomberg Intelligence Commodity Strategist Mike McGlone...

Evergrande crisis: Buy the dip or bail? Pundits weigh in

Marty Bent, the co-founder of Bitcoin mining firm Great American Mining, is glad to be hodling Bitcoin as uncertainty hangs over the legacy financial system...

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