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Markets
NFTs Are More Popular Than Ever Despite Sour Mood in Wider Crypto Market
Peak popularity does not imply an increase in actual buying pressure from retail investors.
Terra Becomes Second-Largest DeFi Protocol, Surpassing Binance Smart Chain
Over $18 billion in value is locked on just 13 projects on Terra.
Market Wrap Year-End Review: Bitcoin Starts Off in a Frenzy
In this first episode of Market Wrap’s review of crypto markets in 2021, we recall the powerful rally that ushered in the new year. Retail traders piled in, even as some institutional investors sounded warnings about rampant speculation.
Ether Call Demand Signals Anticipation of Year-End Rally
Investors who buy calls are implicitly bullish on the market.
Bitcoin, Ether Dip in ‘Bearish Asia Session’ as China Rate Cut Fails to Inspire Risk Buying
Bitcoin has carved out most of its year-to-date gains during the American hours.
Ether Drops to $3.8K as Over $12.5M in Futures Get Liquidated
The second-largest cryptocurrency by market cap saw the most futures liquidation during early Asian hours.
DeFi ‘Rug Pull’ Scams Pulled In $2.8B This Year: Chainalysis
‘Rug pulls’ accounted for 37% of all scam revenue this year compared to just 1% in 2020.
Valkyrie Counters BIS, Says Concern on Bitcoin ETF Front-Running Is Misplaced
Bitcoin’s volatility makes front-running the ETF monthly rolls unviable, one observer said.
LUNA One of Few Cryptos Higher While Bitcoin, Others Slide
Gains from a brief rally following the Federal Reserve meeting earlier this week were erased amid a slide in global markets.
Market Wrap: Altcoins Outperform as Ether Rises Toward $4K
Bitcoin was down about 2%, while ether was roughly flat over the past 24 hours compared with a 4% rise in SOL and a 7% rise in LUNA.
