Bitcoin and altcoins took a hit, but derivatives data reflects a calmer market
Looking at the winners and losers of the past week clearly shows that traders endured some serious heat as the total crypto market capitalization dropped by 12.7% when Bitcoin fell to $41,000. This sharp downside move knocked the figure from $2.37 trillion to $1.92 trillion on Dec. 3 and a total of $2 billion long future contracts were liquidated. Top winners and losers from top 80 coins. Source: Nomics Bitcoin (BTC) price retraced 14.6% over the past week, effectively underperforming the bro...
Bitcoin and altcoins took a hit, but derivatives data reflects a calmer market
Looking at the winners and losers of the past week clearly shows that traders endured some serious heat as the total crypto market capitalization dropped by 12.7% when Bitcoin fell to $41,000. This sharp downside move knocked the figure from $2.37 trillion to $1.92 trillion on Dec. 3 and a total of $2 billion long future contracts were liquidated. Top winners and losers from top 80 coins. Source: Nomics Bitcoin (BTC) price retraced 14.6% over the past week, effectively underperforming the bro...
House memo details Congress’ priorities ahead of crypto CEO hearing
The United States House Committee on Financial Services released a memorandum detailing the points of discussion during the hybrid hearing on digital assets to be held on Wednesday at 10:00 am ET. Addressing the members of the Financial Services Committee, the memo confirmed that the hearing will dedicate one panel to six executives from the crypto community as witnesses. The list includes Circle’s Jeremy Allaire, FTX’s Sam Bankman-Fried, Bitfury Group’s Brian Brooks, Paxos’ Charles Cascarill...
House memo details Congress’ priorities ahead of crypto CEO hearing
The United States House Committee on Financial Services released a memorandum detailing the points of discussion during the hybrid hearing on digital assets to be held on Wednesday at 10:00 am ET. Addressing the members of the Financial Services Committee, the memo confirmed that the hearing will dedicate one panel to six executives from the crypto community as witnesses. The list includes Circle’s Jeremy Allaire, FTX’s Sam Bankman-Fried, Bitfury Group’s Brian Brooks, Paxos’ Charles Cascarill...
Dogecoin and Ether rank in top 10 news searches on Google in 2021
Major cryptocurrencies Ether (ETH) and Dogecoin (DOGE) made the list of the world’s most searched terms in 2021 on Google On Tuesday, Google released its traditional annual list of the top searches for the year, breaking them down into several categories, including searches, news, people, games, movies and others. According to Google Trends’ “Year in Search 2021,” Dogecoin was the fourth-most popular news search term on Google in 2021, both globally and separately in the United States. News r...
Dogecoin and Ether rank in top 10 news searches on Google in 2021
Major cryptocurrencies Ether (ETH) and Dogecoin (DOGE) made the list of the world’s most searched terms in 2021 on Google On Tuesday, Google released its traditional annual list of the top searches for the year, breaking them down into several categories, including searches, news, people, games, movies and others. According to Google Trends’ “Year in Search 2021,” Dogecoin was the fourth-most popular news search term on Google in 2021, both globally and separately in the United States. News r...
Bitcoin dips below $50K as Evergrande defaults on US dollar debt
Bitcoin “appears on track”Data from Cointelegraph Markets Pro and TradingView showed the pair acting within a small range around the $50,000 mark overnight, this yet to become firm support.“A crucial area to hold is that region we’ve touched already at $42K. The close was above $46-47K and I’d prefer not to lose that at all.”“Chop, chop, chop it is for Bitcoin,” Cointelegraph contributor Michaël van de Poppe wrote on the day. Amid broadly calmer conditions despite macro markets dealing with a...
Bitcoin dips below $50K as Evergrande defaults on US dollar debt
Bitcoin “appears on track”Data from Cointelegraph Markets Pro and TradingView showed the pair acting within a small range around the $50,000 mark overnight, this yet to become firm support.“A crucial area to hold is that region we’ve touched already at $42K. The close was above $46-47K and I’d prefer not to lose that at all.”“Chop, chop, chop it is for Bitcoin,” Cointelegraph contributor Michaël van de Poppe wrote on the day. Amid broadly calmer conditions despite macro markets dealing with a...
Reddit launches waitlist for site-wide expansion of ‘Community Points’
Reddit has launched a waitlist for the upcoming site-wide expansion of its Ethereum-based ‘Community Points’ token rewards program, as well as a dedicated website. The social media platform, which runs on upvotes that earn users' karma scores, first dabbled in crypto token rewards in Dec 2019, when it launched Ethereum-based token rewards called “Donuts” in the r/Ethtrader subreddit. In May 2020, the platform expanded the reward program to the r/Cryptocurrency subreddit with “Moons,” and...
Reddit launches waitlist for site-wide expansion of ‘Community Points’
Reddit has launched a waitlist for the upcoming site-wide expansion of its Ethereum-based ‘Community Points’ token rewards program, as well as a dedicated website. The social media platform, which runs on upvotes that earn users' karma scores, first dabbled in crypto token rewards in Dec 2019, when it launched Ethereum-based token rewards called “Donuts” in the r/Ethtrader subreddit. In May 2020, the platform expanded the reward program to the r/Cryptocurrency subreddit with “Moons,” and...
