“First Mover” hosts spoke with Kalin Metodiev, co-founder and managing partner at Nexo, as the fintech formed a partnership with Fidelity Digital Assets to expand institutional access to crypto. MoonPay co-founder and CEO Ivan Soto-Wright provided insights into its latest funding round that values the company at $3 billion. Crypto CEOs are testifying in front of lawmakers … [Read more...] about Bitcoin Holds Steady as Crypto CEOs Testify, Ether Climbs
Climbs
Ethereum 2.0 node count drops to a one-month low as ETH price climbs to new heights
The number of Ethereum addresses holding 32 or more Ether (ETH) reached a one-month low on Nov. 9.The number of externally owned Ethereum accounts (EOAs) holding at least 32 ETH fell to 108,949 compared to 108,965 on Oct. 22, according to data from Glassnode, a sign that traders and investors ignored the prospects of becoming validators on its upcoming proof-of-stake … [Read more...] about Ethereum 2.0 node count drops to a one-month low as ETH price climbs to new heights
Bitcoin Climbs Above $47K as Stocks Fall and Investors Eye Inflation
Bitcoin is pushing higher despite classic risk-off action in traditional markets. The cryptocurrency’s resilience has raised investors’ hopes for a stellar rally in October.As of 11:16 UTC, the cryptocurrency was trading 8% higher on the day near $47,400. The broader crypto market is also positive, with native cryptocurrencies of smart-contract blockchains like VeChain, Tezos … [Read more...] about Bitcoin Climbs Above $47K as Stocks Fall and Investors Eye Inflation
DeFi TVL quietly climbs to record highs while the NFT boom subsides
Hype cycles can work wonders for token prices and social media statistics, but they also bring increased pressure on developers to launch a functioning product that validates its rising market cap. As nonfungible tokens took center stage over the past six weeks the decentralized finance (DeFi) sector took a break from the spotlight as developers refined their protocols and … [Read more...] about DeFi TVL quietly climbs to record highs while the NFT boom subsides