Tag: Top

Top crypto funding stories of 2022

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2022 was a watershed year for crypto venture capital, as investors poured tens of billions of dollars into blockchain-focused startups despite the overwhelmingly bearish trend in asset prices. Is the VC-dominated crypto funding model good for the industry? Only time will tell.  Cointelegraph Research is still in the process of tallying all the funding figures for the year, but 2022 easily outpaced all other years in terms of total capital raised and deals completed. VC inflows were above $14 billion in each of the first two quarters before receding to…

Top 15 Stories of the Year

As the year winds down and we anticipate 2023, Coinspeaker has put together a recap of some of the most newsworthy events of 2022.  The year 2022 saw so many ups and downs, as well as breakthroughs and setbacks in the crypto, fintech, and technology space. Here are the top 15 stories that grabbed our attention throughout this year. Euro Sinks Against Dollar The euro plummeted to a 20-year low against the US dollar due to economic issues, including inflation, which affected member states. In September, reports stated that the…

Ethereum-Killer Solana Down 96% in 2022, Drops Out of Top 20 Crypto List

Despite a major correction in SOL price after the implosion of FTX, Ethereum co-founder Vitalik Buterin believes that Solana has a bright future. The year 2022 has been one of the most dreadful years for crypto market investors and Ethereum-killer Solana is particularly going through a very rough phase. On Thursday, December 29, the Solana (SOL) price tanked a further 17% moving all the way to $8.5 levels. The SOL cryptocurrency also dropped out of the top 20 crypto list, however, it has partially recovered from there as well. As…

Dogecoin Beats Bitcoin, Ethereum For Best Performance In Crypto Top 10

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Dogecoin has once again emerged as one of the best performers for the year when it comes to the top 10 cryptocurrencies. The meme coin which enjoyed massive popularity in 2021 continues to hold on to gains even better than larger counterparts such as Bitcoin and Ethereum. Dogecoin Performs Exceptionally Well In a year where there were numerous implosions that tanked the crypto market further, dogecoin has come forward as a force to be reckoned with. It has held on to its value ahead of some of the largest cryptocurrencies…

Top & Bottom Performers, Ferrari Takes Lead to

Traditional automaker Ferrari surprisingly came out at the top of auto stocks for 2022, beating out EV companies.  Amid the selling pressure in the tech space that characterized much of 2022, top-performing auto stocks were those with the lowest decline. Some auto stocks outperformed others this year because they escaped the worst of 2022’s selling pressure. However, the best-performing auto stock for the year was not from the emerging EV industry but rather the fossil-fueled Ferrari. Several once-promising EV startups constituted the biggest losers of 2022 due to capital hurdles or production scale…

Argo Blockchain sells top mining facility to Galaxy Digital for $65M

Cryptocurrency mining firm Argo Blockchain has taken a difficult decision to sell its flagship mining facility Helios in order to survive the ongoing bear market. Argo Blockchain CEO Peter Wall officially announced on Dec. 28 a deal with Mike Novogratz’s crypto investment firm Galaxy Digital to sell Helios facility for $65 million. Argo has already been cashing its mined Bitcoin (BTC) to reduce the loan to Galaxy. Additionally, Galaxy will also provide Argo with a new $35 million equipment finance loan to help the troubled miner reduce its debt. “We’ve…

The Top Cryptos That Are Going to Fly This New Year: Snowfall Protocol (SNW), Polygon (MATIC), and Cardano (ADA)

Place/Date: – December 27th, 2022 at 11:17 am UTC · 3 min read Source: Snowfall Protocol Photo: Snowfall Protocol With the new year approaching, it is time to weigh in on your investments. Many cryptos are continuously bleeding out investor money. However, some cryptocurrencies like Snowfall Protocol (SNW), Polygon (MATIC), and Cardano are almost guaranteed to add value to the investor portfolio in 2023. So, does your portfolio hold winners or not? Find out why you should HODL Polygon, Cardano, or Snowfall Protocol (SNW). Polygon (MATIC) Polygon (MATIC) offers an…

Top five crypto winners (and losers) of 2022

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Cointelegraph looks back on the best and worst-performing cryptocurrencies of 2022 among the top 100 assets by market capitalization. We used the highest and the lowest year-to-date (YTD) returns through the close of Dec. 25, 2022. Overall, Cryptoindex.com 100 (CIX100), an index that tracks the 100 best-performing cryptocurrencies, fell nearly 68% YTD, suggesting most top coins underperformed in 2022. CIX100 weekly price chart. Source: TradingView Stablecoins are naturalomitted from the list below. Similarly, coins tracking the value of gold and similar mainstream assets have also been ignored. Instead, the coins…

Top 5 Crypto To Keep An Eye On This Week

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It has been a roller coaster ride for crypto investors this 2022. This month, total crypto market capitalization fell from around $2.2 trillion at the start of the year to approximately $850 billion. Several high-profile bankruptcies this year exacerbated the precipitous decline in valuation. The market for cryptocurrencies is still consolidating, with the majority of assets unable to make large gains. Despite the current crypto winter, cryptocurrencies remain by far the most profitable asset class for investment, with the ability to recover losses and hit record highs in the long run. Currently, investors…