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Crypto Market Sentiment Dropped Last Week

29.11.2021
Crypto market sentiment keeps falling, and has done so for the second week in a row now, moving closer towards the score of 5. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets stood at 5.47 last week, but it is at 5.22 today, according to data provided...

Flexible Staking Now Live on Bybit’s ByFi Center

26.11.2021
Bybit recently launched Flexible Staking on its ByFi Center. This new service allows traders to stake BTC, ETH, USDT, and USDC to earn stable and guaranteed yields. Participants will receive yield every day for their staked tokens. Traders can get started by staking at least 0.01 ETH, 0.001 BTC,...

Ethereum Has Burned More Than a Million ETH Over the Last 3 Months

24.11.2021
111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion...

USDT Vs. USDC, CVI Platform Takes the Plunge

24.11.2021
Both USDT and USDC are stablecoins pegged to the USD. Unlike many cryptocurrencies, the fact that they are tethered to such a stable asset like the USD gives them their name, ‘stablecoins.’ Both of these currencies can be used for trading and investing, and they are some of the leading stablecoins...

US Senate Demands Answers From Stablecoin Issuers, Expresses ‘Concerns’

24.11.2021
Stablecoins are in for another battering at the hands of the United States policymakers – with the Senate now getting in on the act: a committee chief has expressed “significant concerns” about the “consistency” of the terminology used to audit them.... Read More: US Senate Demands Answers From...

Crypto Market Sentiment Drops

22.11.2021
Despite barely clinging to the positive zone last Monday, crypto market sentiment has taken a hit over the past week. Compared to last week’s 6.02, the average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is 5.47 today, according to data provided by the market...

Crypto Market Sentiment Unchanged; Cardano Takes the Throne

15.11.2021
After finally re-entering the positive zone last Monday, crypto market sentiment is holding onto it tight, but without seeing a relevant change. Compared to last week’s 6.04, the average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is now 6.02, according to...

Largest Stablecoin by Market Cap Tether Launches on the Avalanche Network

10.11.2021
The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today there’s more than 74.8 billion tethers in circulation today. Tether Launches...

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