How NFTs Fit Into DeFi
With the right pricing mechanisms, your tokenized JPEGS could become loan collateral.
With the right pricing mechanisms, your tokenized JPEGS could become loan collateral.
Portraits useful as social media avatars are topping NFT sales charts. Here's why headshots of weirdos are leading the pack.
The max pain price for Friday's bitcoin options expiry is $44,000.
In the journey to decide if you should even learn about digital assets and then how to make the asset class part of your practice, one of the first questions you might ask is what makes them so different.
The former Ethereum alternative darling is far off its all-time high for total value locked.
Cryptos gain alongside stocks.
The Bitcoin blockchain's mining difficulty increased by 13%, but industry experts say operators are still looking at fat profits ahead.
"Historically, Fed taper has been a headwind for bitcoin," one fund manager said.
Support above the $42K-$45K breakout should hold.
"It is normal for investors to reduce exposure to enter at a lower price," one observer said.
“The fear is gone for now, and the market is optimistic,” Arcane Research wrote in a Tuesday newsletter. But not enough to keep bitcoin's price above $50K.
The data doesn't necessarily indicate that the traders are betting on price declines.
The rally may not be sustainable, according to Arcane Research.
For people with higher risk tolerances, it's now easier than ever to invest in bitcoin for retirement.
Initial support around $48K could stabilize the pullback.
Bitcoin has taken back half of the gains lost in the April to July period, but bullish momentum may slow.
Monday set a new single-day sales record for CryptoPunks, and August sales have already set a monthly record, with prices for the NFTs averaging nearly $200,000.
Bitcoin slipped below $50K and will likely consolidate this week, analysts say.
The dollar may depreciate after Friday's event, triggering renewed inflows into bitcoin and equities.
Upside momentum is strengthening on daily and weekly charts, which suggests buyers are in control.
Cardano prepares to enter the decentralized application space as smart contract functionality arrives.
"The market continues to hover over the 200-day moving average with bulls still in play," Zerocap's Toby Chapple told CoinDesk.
Bitcoin rallied after Coinbase announced it will add crypto to its balance sheet.
"The institutional world is turning cautious on stocks and that is making cryptocurrencies look very attractive," said one analyst.
Buyers will likely remain active on pullbacks into the weekend.
ADA's price is up a staggering 19% on the day and has unseated BNB as third-most valuable crypto by market cap.
Hourly spot volume across multiple exchanges clocked the highest point since Aug. 13.
Expectations are rising for the blockchain to implement smart-contract functionality by next month.
Analysts expect bitcoin to remain above its 200-day moving average.
“It just shows that staking on Eth 2.0 is incredibly popular,” said Ben Edgington, lead product owner at ConsenSys.
