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Markets

Fantom Transactions Surpass Ethereum as Users Look to Farm Yields

Over 1.2 million transactions were recorded on the emerging layer 1 blockchain on Monday, data showed.

Fantom transactions crossed those of Ethereum on Monday but remain below September's peak. (Fantomscan)

Markets

Crypto Sell-Off Wipes $700B From Industry Market Cap So Far in 2022

The market value of all cryptocurrencies has plummeted to $1.6 trillion from $2.3 trillion at the start of the year, according to CoinGecko data.

Macho the dog demonstrates surfing-while-popping-balloon skills. (Rodin Eckenroth/Getty Images)

Markets

Bitcoin Short-Term Bounce Faces Resistance at $40K

Extreme oversold readings preceded an uptick in BTC.

Bitcoin daily price chart shows support/resistance, with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Markets

Investors Put $14M Into Crypto Funds Last Week as Bitcoin Market Cratered

Inflows into digital-asset funds last week – after five straight weeks of outflows – suggest investors were taking advantage of the price dip.

Cryptocurrency funds brought in $14.4 million of new investor money during the seven days through Jan. 21. (CoinShares)

Markets

Solana Slides 17% to Lead Losses Amid Crypto Market Plunge

The crypto market extended declines on Monday after a drop in U.S. stock indices.

slide

Markets

Fantom Becomes Third-Largest DeFi Protocol by Value Locked

The value locked on DeFi-centric projects built on Fantom surged 52% in the past week.

ghost, casper, phantom

Markets

Cosmos Token Surges 8% Amid Airdrops, Polkadot Bridge

Prices of airdropped tokens to Cosmos stakers were some of the biggest gainers in the past 24 hours.

ATOM surged 8% in the past 24 hours but saw resistance on Monday morning. (TradingView)

Markets

Bitcoin Heads for Worst Week in 8 Months as Traders Lament 'Pikachu Pattern'

The price appeared to stabilize around $35,000, but gallows humor filled social-media sites as more than $1.5 billion of tradition positions were liquidated.

Bitcoin's price chart over the past month. (CoinDesk)

Markets

Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts

The only real “ETH killer” might end up being Ethereum 2.0, according to analysts for the U.S. exchange Coinbase.

Ethereum's lead over competitors might be hard to close. (Elena Rabkina/Unsplash)

Markets

Crypto Trader Tantra to Liquidate After 'GBTC Discount' Widens to Record

The Grayscale Bitcoin Trust (GBTC) has been trading at a steep discount since last February, but a further widening proved too much for one trading firm.

(moonjazz via Flickr)