Renewed signs of a “crypto desert” coupled with declining yields make Coinbase especially unattractive heading into the first half of this year, Mizuho Securities said in an analyst report published Tuesday, cutting its price target for the shares to $220 from $300.Mizuho forecasts the crypto exchange had trading...
The Ethereum Foundation announced in a blog post that it is nearly time to put an end to “ETH2” and the nomenclature that seems to separate the proof-of-stake chain from the proof-of-work chain. While it made sense when Ethereum’s roadmap looked to build out a separate proof-of-stake chain...
Crypto asset manager Valkyrie has applied to the U.S. Securities and Exchange Commission (SEC) to list its exchange-traded fund (ETF) offering exposure to stocks in bitcoin mining companies on Nasdaq.The Valkyrie Bitcoin Miners ETF will invest at least 80% of its net assets in securities of firms that...
TRLab, a platform for collecting art in the form of non-fungible tokens (NFTs), raised $4.2 million in a funding round, according to a press release shared with CoinDesk.The company will use the funds to diversify its collection and add art projects of "varying scope and scale, ranging from...
Crypto exchange Binance is about to reinstate payments from the European Union's Single Euro Payments Area (SEPA), according to a Bloomberg report, citing a person familiar with the matter.Payments through the network will resume "in the coming hours," Bloomberg said.The rollout will be phased, starting in Belgium and...
The broader crypto market recorded its second day of growth ahead of a U.S. Federal Reserve (Fed) statement on Wednesday. Prices of bitcoin, ether and other major cryptocurrencies rose as much as 7% in the past 24 hours, with memecoin Dogecoin leading gains among the biggest assets by...
Taiwan’s financial sector is known for its conservative outlook, and rich pools of foreign reserves — the fifth largest in the world coming in at $546 billion for a country of 24 million. But because of the industry’s conservative outlook and strict regulatory environment, it isn’t considered a...
Meanwhile, some blockchain sleuths pointed out that Wonderland’s chief developers took on millions of dollars in losses after the sell-off. Sifu’s wallet saw $1.6 million of losses due to liquidations, while those on Daniele Sestagalli’s wallet reached $15 million. Team Valhalla
With raving news around the NFT marketplace and the metaverse, it seems this evolution of the crypto world will leave a mark on most other digital currencies. And making Shiba Inu an exceptional identity of the metaverse world, which would impose a great focus on its asset...
The live Polygon price today is $1.61 with a 24-hour trading volume of $1.55 billion. It is easily the biggest winner in the top 20 coins by market cap today, having added 11% to its value in the last 24 hours. Look no farther than this quick guide...