Cointelegraph By Jordan Finneseth
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Decentralized finance (DeFi) and the control it gives users over their assets is one of the most applicable sectors of the cryptocurrency ecosystem, but the general public is still hesitant to interact with most DeFi products due to the steep learning curve and the possibility of losing funds.One...
Altcoins rack up 30% gains as Bitcoin price chases after $39,000
Cointelegraph By Jordan Finneseth - 0
The cryptocurrency market is in a state of confusion on Jan. 31 as many traders view Bitcoin's (BTC) weakness as a sign that a crypto winter is beginning, yet increasing news of adoption and multi-million-dollar financing rounds continue to make headlines on a regular basis. As Bitcoin trades at $38,500, analysts...
Cross-chain bridge tokens moon as crypto shifts toward interoperability
Cointelegraph By Jordan Finneseth - 0
Interoperability is shaping up to be one of the main themes for the cryptocurrency market in 2022 as projects across the ecosystem unveil integrations that make their networks Ethereum (ETH) Virtual Machine (EVM) compatible.While this has been one of the long-term goals of the ecosystem as a step...
Kyber Network (KNC) bucks the market-wide downtrend with a 57% gain in January
Cointelegraph By Jordan Finneseth - 0
In the crypto market volatility continues to reign supreme, and fear, uncertainty and doubt (FUD) run rampant. This makes it challenging for any project to rise above the noise and post positive price gains but there are a few projects that are showing strength during the current downturn. Kyber...
Bitcoin ‘gives back gains’ after Fed comments ‘add downside risks’ to crypto markets
Cointelegraph By Jordan Finneseth - 0
Bitcoin (BTC) price continues to flash mixed signals, raising uncertainty among investors and negatively impacting asset prices across the market.Data from Cointelegraph Markets Pro and TradingView shows BTC price pinned below $36,000 and even though crypto and equities markets underwent a brief relief rally on Wednesday, comments from...
Ethereum bulls aim to flip $2.8K to support before calling a trend reversal
Cointelegraph By Jordan Finneseth - 0
The dire predictions calling for the onset of an extended bear market may have been premature as prices appear to be in recovery mode on Jan. 26 following a signal from the U.S. Federal Reserve that interest rates will remain near 0% for the time being. After the Fed...
Altcoins book 40% gain after Bitcoin and the crypto market enter a relief rally
Cointelegraph By Jordan Finneseth - 0
Crypto investors are beginning to feel a sense of hope once more on Jan. 26 as the wider cryptocurrency market is seeing green and Bitcoin (BTC) price trading near $38,000. Even with the breakout, traders are advising caution ahead of the Federal Open Market Committee meeting where the...
Bitcoin hits $37.5K, stocks recoup losses ahead of Wednesday’s FOMC statement
Cointelegraph By Jordan Finneseth - 0
The dominant sentiment of doom and gloom in the crypto market shifted toward hope on Jan. 25 after the price of Bitcoin (BTC) climbed to $37,500 briefly as stock markets staged a midday rally that recovered most of the losses from Jan. 24.Even with Jan. 25's recovery,...
Here’s 5 altcoins to study as crypto prices drop close to a 1-year low
Cointelegraph By Jordan Finneseth - 0
The pain trade has been an unwelcome sight across the cryptocurrency market since the start of 2022 and over the past 24 days Bitcoin (BTC) and the altcoin prices have drifted, leading some analysts to suggest that a bear market is at hand.Despite traders' concern that another extended...
3 possible reasons why Polkadot is playing second fiddle in the L1 race
Cointelegraph By Jordan Finneseth - 0
2021 was a sort of "coming-of-age" for many layer-one (L1) blockchain protocols because the growth of decentralized finance (DeFi) and nonfungible tokens (NFTs) forced users to look for solutions outside of the Ethereum (ETH) network where high fees and network congestion continued to be barriers for many.Protocols like...