One-minute letter | CT

2022-02-01 02:00:00 ​​Ethereum price risks dropping to $2K on ‘bear flag’ setup, & Other News

The best of crypto news, prepared fresh and hot every day:

Bitcoin price down 20% so far in 2022 after worst January since 2018
January gives no relief to hodlers, but it’s been eight years since Bitcoin had a double-digit “red” February.

Ethereum price risks dropping to $2K on ‘bear flag’ setup
The bearish outlook appears against the backdrop of the Federal Reserve’s tightening policies.

El Salvador president predicts ‘gigantic price increase’ for Bitcoin
There is not enough Bitcoin for global millionaires if each of them wants to own one, Bukele said.

SPONSORED. Decentralized brokerage protocol aims to unite DEXs and lending into a new TradeFi ecosystem
Free trade and high-interest rates can unite ordinary people with financial organizations, that is, with guidance from a suitable liquidity protocol.

SPONSORED. Web 3.0 needs more users, not more investors
Projects need to focus on making products that attract non-crypto users in order to drive innovation and maturity in Web 3.0. Open / Comment

2022-01-29 02:00:05 ​​Bitcoin dodges ‘sub-$30K liquidity grab’ — Levels to watch now, & Other News

The best of crypto news, prepared fresh and hot every day:

Price analysis 1/28: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
Technical analysis points toward early bottoming signs in BTC and altcoins, but analysts forecast another sharp downside move.

Bitcoin dodges ‘sub-$30K liquidity grab’ — Levels to watch now
Bitcoin derivatives markets are finally seeing a long-awaited sustainable reset, increasing the prospects of a “relief bounce” to come, a new market report says.

Bitcoin returns to $37K amid warnings that BTC price 'needs to go lower'
Not tackling even lower levels "seems wrong," one analyst says, while another popular trader demands a $40,000 reclaim for Bitcoin price to flip "full bull."

SPONSORED. Mechanical beings come to life in the first-ever play-to-earn game designed for smartphones and integrated with Terra
Users seek out smartphones and other mobile devices as an entry point into the metaverse.

SPONSORED. Project bridges Web 2.0 and Web 3.0 spurring on the creator economy
Through bridging solutions, cryptocurrency protocols enable users to take back their social identity from megacorporations. Open / Comment

2022-01-28 02:00:00 ​​No blow-off top? Bitcoin hodler metric points to ‘depressed’ BTC price, & Other News

The best of crypto news, prepared fresh and hot every day:

Co-founder of defunct exchange QuadrigaCX allegedly runs Wonderland
Recently surfaced allegations suggest the founder of DeFi protocol Wonderland was the co-founder of the now-defunct exchange QuadrigaCX.

No blow-off top? Bitcoin hodler metric points to ‘depressed’ BTC price
It’s a slow grind for long-term holders with no significant macro top or bottom in sight, the Reserve Risk metric suggests.

Bitcoin dips 8% from highs as trader demands BTC bulls reclaim $37.5K
Bitcoin “isn’t shouting for bullishness” below $37,500, fresh analysis says, as the Fed’s latest comments deliver little direction.

SPONSORED. Cryptocurrency exchange undergoes transition to provide unparalleled trading experience for emerging markets
Cryptocurrency exchanges are still subject to several evolutions before delivering a first-rate user experience.

SPONSORED. Japanese RPG works alongside Klever to revolutionize gaming with play-to-earn model
The rise in NFT game releases has led many to wonder which ecosystems show the most promise. Open / Comment

2022-01-27 02:00:00 ​​BTC price hits $38K as Bitcoin analysts focus on weekly close, & Other News

The best of crypto news, prepared fresh and hot every day:

Ripple announces $200M share buyback and expresses optimism for 2022
The company has repurchased all Series C shares originally issued to Tetragon Financial Group, SBI Holdings and Route 66 Ventures in December 2019.

BTC price hits $38K as Bitcoin analysts focus on weekly close
$39,600 is the favored short-term target, whether or not Bitcoin price action ultimately returns to downward momentum.

Bitcoin pundits split over BTC floor as Bloomberg analyst eyes bounce
The jury is out on what data to trust when it comes to Bitcoin putting in a local price floor near — or below — $30,000.

SPONSORED. UK FCA-registered copy trading platform enables investors with frictionless portfolio management
As cryptocurrency becomes more crucial to finance, the industry will become more reliant on leading technology solutions to empower novice users.

SPONSORED. Platform launches world's first lunar sensitive NFTs
Blockchain-based storytelling is set to change thanks to this startup. Open / Comment

2022-01-26 02:00:00 ​​Bitcoin holds onto 10% gains ahead of crucial Fed rate hike comments, & Other News

The best of crypto news, prepared fresh and hot every day:

New private messaging app claims to be decentralized and quantum-resistant
David Chaum has launched a new private messaging system that claims it can keep message data and information about its users secure against the most powerful computers.

Bitcoin holds onto 10% gains ahead of crucial Fed rate hike comments
Bulls lift the market higher on the back of a stocks resurgence, but the specter of the Fed is on the horizon.

Orange-pilled by Michael Saylor, NorthmanTrader CEO now a Bitcoin supporter
Sven Henrich, CEO of NorthmanTrader, is the latest to become a Bitcoin supporter after speaking with Michael Saylor.

SPONSORED. Secure DApp built on Solana reinvents cryptocurrency trading
As DEXs rise in popularity, the world continues to seek out secure and easy-to-use solutions for their digital currency transactions.

SPONSORED. Decentralized cloud computing network shares news of successful testnet and upcoming mainnet launch
Blockchain technology is still relatively new in concept, and as a result, requires a scalable solution. Open / Comment

2022-01-25 02:00:00 ​​Bitcoin dives below $33K to fill futures gap amid record BTC ‘hodling’, & Other News

The best of crypto news, prepared fresh and hot every day:

Crypto exchange’s Twitter gets hacked by ‘disgruntled employee’
Latoken’s Twitter account started publishing accusations of scams and mistreating employees.

Bitcoin dives below $33K to fill futures gap amid record BTC ‘hodling’
Bitcoin price losses keep coming but coins dormant for at least a year now account for 60% of the total BTC supply.

NFT marketplace bug undervalues tokens, helps exploiter nab $750,000
The NFT marketplace bug was reportedly discovered on Dec. 31, which showed transferred NFTs as listed on OpenSea.

SPONSORED. DeFi protocol to introduce fixed rate interest yields
Interest rate swaps are one of the most commonly traded products in traditional finance. As crypto matures, their potential use in DeFi is immense.

SPONSORED. Solana-based platform provides higher APY for investors with DeFi protocols for leveraged yield farming
To achieve financial freedom sooner, investors are now seeking out higher-yield DeFi opportunities for passive income. Open / Comment

2022-01-23 02:00:05 ​​BTC price falls to $34K as Bitcoin RSI reaches most 'oversold' since March 2020 crash, & Other News

The best of crypto news, prepared fresh and hot every day:

NFTs: Forget apes and penguins — Let’s talk diapers, hardware and museums
Nonfungible tokens represent a seachange of strategic opportunities for brand marketers as they look to engage their prospects and customers.

BTC price falls to $34K as Bitcoin RSI reaches most 'oversold' since March 2020 crash
It's looking more and more like a capitulation, but so far, open interest remains "unflushed," analysts warn.

How to use UniSwap: A step-by-step beginner's guide
There are several ways in which users can get started using the Uniswap DEX such as the MetaMask wallet, the Trust Wallet, and the Coinbase wallet.

SPONSORED. Software company expands to provide crypto ATMs and debit cards worldwide
The way most ATMs operate at the moment contradicts the entire philosophy of the blockchain industry.

SPONSORED. Crypto-focused shopping site rolls out 'buy now, pay later' feature
A crypto-focused e-commerce platform now allows shoppers to pay for everyday purchases using digital assets in three interest-free installments. Open / Comment

2022-01-22 02:00:00 ​​New research expects a gloomy year for Bitcoin as DeFi and DAOs rise, & Other News

The best of crypto news, prepared fresh and hot every day:

Here are levels to watch as Bitcoin fights to avoid $30K July repeat
Bitcoin price action visits levels below $38,000 for the first time since August as losses continue to mount.

New research expects a gloomy year for Bitcoin as DeFi and DAOs rise
On the brighter side, DeFi will continue to expand and adapt, with DAO governance eventually becoming a major driver of activity.

Crypto liquidations pass $700M as altcoins take a hit from Bitcoin sinking below $40K
Pain for Bitcoin and altcoin investors alike as a fresh cascade sees $40,000 support disappear.

SPONSORED. Leading Solana DEX announces partnership with Metaverse-based finance protocol
The Metaverse is based on personal and business transactions that will require the merger of several financial ecosystems.

SPONSORED. Community-driven NFT collectibles game announces the sixth blockchain in its universe
The longevity of an NFT game comes down to providing experiences that span across multiple chains and continuously meeting and exceeding community expectations. Open / Comment

2022-01-21 02:00:06 ​​MicroStrategy CEO won’t sell $5B BTC stash despite crypto winter, & Other News

The best of crypto news, prepared fresh and hot every day:

Bitcoin shrugs off Russia crypto ban fears as BTC price nears $43.5K
A sharp uptick could have wider implications for the two-month Bitcoin price downtrend, one analyst reveals.

MicroStrategy CEO won’t sell $5B BTC stash despite crypto winter
MicroStrategy’s Michael Saylor has no intention of selling from his firm’s $5-billion Bitcoin chest despite a 40% drop in the value.

Russian central bank proposes blanket ban on crypto mining and trading
Russian central bank has demanded reinforcement of the ongoing crypto payment ban and seeks to introduce punishments.

SPONSORED. Leader in BPaas enables industry leaders with Sandbox for metaverse development
Metaverse launchpads are enabling businesses to gain support while they build interactive digital communities.

SPONSORED. Fully-featured crypto wallet speeds up the DeFi experience
User experience is a make-or-break factor for DeFi adoption; fortunately, a wallet may be the bridge needed to overcome this barrier. Open / Comment

2022-01-20 02:00:00 ​​EU securities regulator calls for proof-of-work crypto mining ban, & Other News

The best of crypto news, prepared fresh and hot every day:

Bearish sentiment may soon abate according to Coinshares and Bitcoin metrics
Despite last week’s institutional Bitcoin outflows of $55 million, negative sentiment could be on the wane.

EU securities regulator calls for proof-of-work crypto mining ban
European regulators are concerned about crypto's risks to climate change goals.

Bitcoin bounces at $41K as optimism increases over stocks correlation
A quiet day for crypto markets combines with hopes that a macro uptick will lift Bitcoin and Ether higher in the coming days.

SPONSORED. Internet meme partners with Cubix to develop PVP tower defense P2E game
Cryptocurrencies with utility, including that in DeFi gaming, tend to be the ones that gain value in the eyes of the community.

SPONSORED. Creative ecosystem combines content ownership strengths with rising NFT utility
NFT technology displays utility beyond digital art, presenting solutions to royalty distribution and decentralization. Open / Comment