A widely followed crypto analyst is naming Terra (LUNA), Cosmos (ATOM) and three additional crypto assets as his top altcoin picks for the month of March. Trader Jason Pizzino tells his 261,000 YouTube subscribers that decentralized finance (DeFi) payment network Terra looks strong after rallying from a low of $43 to nearly $100 in a little […]
Cosmos was 10% lower on Saturday, as the red wave once again submerged crypto markets. Despite this, Anchor protocol was again able to extend gains, climbing by as much as 15% in the process.
Cosmos (ATOM) was able to hang on to the #20 spot in the crypto top 100 on Saturday, […]
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Since striking its all-time high on 7 January, Cosmos (ATOM) bears have stepped in to exert sustained pressure. Especially as the altcoin fell into a falling wedge (white) over the past month. Assuming the willingness […]
Despite Thursday’s selloff in cryptocurrencies, cosmos managed to hit its highest level in the last week. The rally came as one of yesterday’s big gainers, THETA, slipped in today’s session. Biggest gainers Cosmos (ATOM) moved higher in today’s session, despite the global cryptocurrency market cap falling by over 3% as of writing. ATOM/USD rose to […]
In the latest cryptocurrency news, we can see that the Switzerland-based DeFi Technologies subsidiary Valour plans to offer more single-asset crypto baskets with thematic ETPs. As the update from the CEO shows, Cardano and Polkadot are the two new exchange-traded products (ETPs) that are listed on the Frankfurt stock exchange. The exchange, named Boerse Frankfurt […]
Ethereum investment product sees massive inflows as institutional investors are back again in re-accumulating the token. Digital asset investment products registered a total of $75 million worth of cumulative inflows last week. Fresh Appetite for Crypto Products Institutional crypto fund manager CoinShares in its weekly report noted that Ethereum (ETH) has finally broken its 9-week spell of capital investment outflows with the latest inflows totaling $20.9 million for the week ending Feb. 11. In comparison, Bitcoin (BTC) investment products saw $25.1 million worth of inflows, a slower growth compared with its $71 million of inflows the week before. Multi-asset funds also saw an inflow of $18.7 million for the last week with recently created investment products such as Terra (LUNA), Tezos (XTZ), and Cosmos (ATOM) all getting investment inflows. The report also highlighted regional variances with $5.5 million of outflows in the United States while $80.7 million of inflows recorded in European investment products. The total inflow for the past four weeks has been $209 million. However, the recent inflows still remain relatively lower in comparison to the inflows recorded in the fourth quarter of 2021. Institutional Demand for Crypto Assets Institutional demand for crypto assets has grown substantially over the past year. Grayscale, which is the largest crypto asset manager, currently has $37.6 billion in assets under management. The asset manager is even looking to convert its flagship GBTC Bitcoin product into an exchange-traded fund (ETF). However, the US Securities and Exchange Commission has once again delayed its decision on Grayscale’s Bitcoin ETF application this month.
During the last week, Bitcoin moved sharply and hit the $45,000 mark, but lost steam once again to below $43,000. Still, the most popular token’s price stood solid while altcoins endured something of a bloodbath during the last seven days.
The host of popular crypto analysis and market commentary show Coin Bureau says that 2022 will be a big year for Cosmos ($ATOM), which is “an ecosystem of networks and tools for creating interoperable blockchains.” Speaking in a recent YouTube video, Coin Bureau’s host “Guy” said he was bullish on Cosmos, predicting it would have […]