Cointelegraph By Jordan Finneseth
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As 2022 gets underway, the decentralized finance (DeFi) sector of the cryptocurrency ecosystem appears to be gaining momentum in what could be an echo of the bullish market seen in seen in early 2021. Data from crypto market intelligence firm Messari shows that over the past 30 days, five...
Blockchain network interoperability is shaping up to be one of the main themes for the cryptocurrency ecosystem in 2022. New users are continuing to onboard into the growing world of crypto while both new and established projects search for the chain that will best serve the needs of...
Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates
Cointelegraph By Jordan Finneseth - 0
Bitcoin (BTC) and the wider cryptocurrency market fell under as equities markets pulled back at the closing bell after minutes from the Federal Reserve's December FOMC meeting showed that the regulator is committed to decreasing its balance sheet and increasing interest rates in 2022. As stock markets corrected,...
Ribbon Finance gains 60% after V2 launch and Avalanche integration
Cointelegraph By Jordan Finneseth - 0
Decentralized finance (DeFi) was one of the breakout sectors of the cryptocurrency market in 2021 and stands poised to continue to facilitate the mass adoption of cryptocurrency in 2022. This comes as institutional and retail investors embrace the emergence of Finance 2.0. One DeFi project that has kicked off...
Altcoins turn bullish even as Bitcoin price slips below $46K again
Cointelegraph By Jordan Finneseth - 0
The mood across the cryptocurrency is one of growing anticipation as the price of Bitcoin (BTC) continues to trade just below $47,000. The sideways price action has analysts warning that an “explosive volatility period” is rapidly approaching but few have been willing to predict the direction of the...
3 reasons why Phantasma (SOUL) is chasing after new all-time highs
Cointelegraph By Jordan Finneseth - 0
Nonfungible tokens and blockchain-based gaming projects saw a breakout in popularity over the course of 2021. This was due to their widespread appeal which attracted the attention of crypto newbies and experienced hodlers alike. This trend helped to further initiate the mass adoption of blockchain technology and from the...
Bitcoin traders expect $60K by month’s end, marking $45K as ‘accumulation’
Cointelegraph By Jordan Finneseth - 0
The bearish pressures facing the cryptocurrency market at the end of 2021 have continued into the first week of 2022 after the price of Bitcoin (BTC) dropped below $47,000 on Jan. 1 and the asset still faces stiff headwinds on the shorter timeframe charts. Data from Cointelegraph Markets Pro and...
Institutional tax-loss harvesting weighs on the Bitcoin price as 2021 comes to a close
Cointelegraph By Jordan Finneseth - 0
2021 has been a breakout year for the cryptocurrency market as a whole despite the year-end struggles that have kept the price of Bitcoin (BTC) pinned below $48,000, much to the chagrin of the cadre of folks who had been calling for a $100,000 BTC moonshot. Data from Cointelegraph...
Frax Share, Swipe and Gnosis lead the altcoin market as Bitcoin recovers to $47.5k
Cointelegraph By Jordan Finneseth - 0
Volatility is once again the major theme across the cryptocurrency market on Dec. 30 as the price of Bitcoin (BTC) bounced back from an early morning dip below $46,000 with bulls now battling bears for control of support near $47,500. The altcoin market has likewise been a mixed bag...
3 reasons why Convex Finance surged 215% in December to hit new all-time high
Cointelegraph By Jordan Finneseth - 0
The growth of the stablecoin sector within crypto has been one of the most impactful developments of 2021. In particular, stablecoins became integral to the expanding decentralized finance (DeFi) ecosystem as their total value eclipsed $162 billion, according to CoinMarketCap.One project that has seen its token price surge...