Crypto Espresso: Your quick shot of the latest crypto moves and news
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Your quick shot of the latest crypto moves and news, the Crypto Espresso is brought to you by Capital.com Australia (AFSL 513393), a multi-award winning global investment trading platform.
Morning Coinheads.
In this edition of Crypto Espresso, the green surge finally arrives, where does ETH head in 2022, and are Barca fans onto a good thing?
The prominent cryptocurrencies were higher on Thursday with Bitcoin up 2.22%, Ethereum 2.56% higher, and Litecoin up 2.16%. Dogecoin was up 1.28% and Bitcoin Cash was up 1.37%.
Roundup. Bitcoin (BTC) was flat in London morning trading, with the overall cryptocurrency market adding 0.66% as at 11:30 UTC. Meanwhile, keen crypto market watchers looked towards Capitol Hill in Washington, as the US government’s House Committee on Energy and Commerce’s Subcommittee on Oversight and Investigation held a hearing on the energy impact of blockchain and cryptocurrency mining.
The year 2021 brought more than $2trn (£1.47trn, €1.76trn) of inflows into the cryptocurrency market, but $1trn of this has already been lost. As 2022 advances, the market appears a little more settled. Has the crypto crash peaked, or is it likely to resume in 2022?
Ether (ETH) traded at an all-time high in 2021, ending the year with a gain of 400%. That was down on the peak 558% gain reached in November, however, and sentiment on the market has turned negative. Will Ethereum go up or down in 2022?
FC Barcelona Fan (BAR) is the utility token of the FC Barcelona football club that gives users the ability to participate in various club activities such as voting on polls, selecting a goal celebration song for match day playlists in the stadium, and influencing the design of art murals in the team locker rooms.
Once a darling of 2021, Binance Coin (BNB), the token of the Binance exchange and the fourth largest cryptocurrency, is not getting it all its own way as on 20 January it sat 10% down on the year so far at $472.90. This article looks at the latest Binance coin news and price forecasts.
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