Crypto News

NFT Sales Volumes Skyrocketed Eight Fold to $10.7 Billion In Q3 Amid High Frenzy
The mania in the non-fungible tokens (NFT) market continued over the last quarter of Q3 2021. The NFT sales volumes for Q3 2021 stood at a staggering $10.7 billion growing eightfold over the previous quarter, as per data on DappRadar.

Ethereum, Dogecoin Price Analysis: October 4, 2021
Ethereum is required above $3,500 to validate the rest of the journey to $3,600 and later $4,000. Dogecoin rallies to $0.25 but needs to stay above the 100-day SMA to avoid potential correction and keep the uptrend intact.

Hash rate and difficulty rebound shows miners have recovered from China exodus
Bitcoin mining operations are on the path to full recovery following the most dramatic short-term disruption in network history earlier this year, and miners are reaping the rewards in revenues.

Crypto transactions surge 706% in Asia as institutional adoption grows — Chainalysis
Emerging markets across Central and Southern Asia have registered a dramatic uptick in cryptocurrency transactions, highlighting a diverse range of motivations among locals for gaining exposure to digital assets such as Bitcoin (BTC) and Ether (ETH).

Deutsche Bank Analyst: Bitcoin Will Remain ‘Ultra-Volatile in the Foreseeable Future’
Recently, a senior economist for Deutsche Bank explained why Bitcoin will remain “ultra-volatile” in the foreseeable future.

Bitcoin sees a weekly institutional inflow of $69 million.
Bitcoin regained its status as the most preferred crypto among institutional investors last week after inflows of approximately $69 million.

Bitcoin beats stocks, commodities to best performing asset of 2021
As October delivers 15% gains in five days, BTC firmly outperforms macro assets worldwide to seal year-to-date returns of just under 50%.

Circle reveals it is cooperating with the SEC in an investigation.
Circle, the company behind the world's second-largest stablecoin USD Coin, has been subpoenaed by the U.S. Securities and Exchange Commission (SEC).