Top 3 Crypto Projects to Watch this Week

The crypto markets continue to struggle as we enter the last month of 2022. The global cryptocurrency market cap is still below the $900 billion mark, and Bitcoin (BTC) continues to hover just above the $16k level. The most likely reason could be the impending speech by FED chair Jerome Powell on the US economic outlook and the job market. Moreover, there is a high probability of a 50 basis point interest rate hike in December. However, the interest rate hike is lower than the previous ones afte
By Shubhk

shubhk's Recent Blog Posts

Apple Hiring to Build its Metaverse?
According to relevant patent filings and recent job postings, Apple (AAPL) appears to be working on the creation of a “3D mixed-reality world” with metaverse-like characteristics. Over 30 augmented…
2 years ago
Bitcoin re-visits 2017 highs: Will it trigger recovery?
In January 2017, Bitcoin breached the $1000 benchmark, creating a new record high at that time. By mid-December that year, the asset already inclined to a new peak at around $19.7k. Fast forward to…
2 years ago
Is the Bitcoin mining industry on the verge of collapsing?
The Bitcoin market has been drowning the red sea along with its counterparts. Amidst constantly crashing projects, the mining industry hasn’t been very profitable. While several filed for bankruptcy …
2 years ago
FTX Hack Sees Abnormal Outflows of $600 Million, Many Holders Report $0 Balance
FTX Telegram admins have confirmed that the exchange was hacked late Friday night. The Telegram admins urged users to not visit the FTX website as it “might download Trojans” which could affect their…
2 years ago
Bitcoin: 50% BTC Supply Being Held at Loss, RSI at New Lows
Bitcoin (BTC) holders, both long-term and short-term, are facing the brunt of the recent market crash. According to the data on Glassnode, 35.4% of BTC supply is being held at a loss by long-term…
2 years ago