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Report: Lebanese Pound Exchange Rate Against Dollar Plunges to All-Time Low
31.5.2022
After relative calm for a few months, the Lebanese pound has plunged to an all-time low of 35,600 per dollar, a report has said. The currency’s latest slide is expected to worsen Lebanon’s economic challenges. Pound Depreciation In a sign that Lebanon’s ongoing economic crisis...
Solana, Cardano Tokens Slide Over 9% as Cryptos See Weakness Amid Poor US Consumer Data
19.5.2022
Bitcoin lost support at $30,000 as Chinese technology stocks sold off on Thursday amid earnings worries a day after hawkish comments from the U.S. Federal Reserve
Bitcoin and Ethereum Trend Lower, Altcoins Slide, AXS Moves Higher
19.5.2022
Bitcoin price failed to start another increase, extended decline below USD 29,000, and even tested the USD 28,550 support zone before recovering. It is currently (04:05 UTC) consolidating losses near USD 29,200 and is down 2% in a day and up 1% in a week....
Read More: Bitcoin and Ethereum Trend...
Bitcoin, Major Cryptos Slide as Markets Digest Hawkish Powell Remarks
18.5.2022
A day after the U.S. Federal Reserve chair pledged to keep tightening monetary conditions until inflation comes down, analysts and traders from crypto to stocks and futures were assessing the economic impact, from higher mortgage rates to lower company earnings
Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims
12.5.2022
Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per unit. Terra’s founder Do Kwon revealed...
Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity
9.5.2022
As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two days ago on May 7, 2022, UST dipped down to $0.985 per unit against tether (USDT), and the stablecoin’s price drop invoked a great...
Metrics Show Decentralized Exchange Volumes Continue to Slide This Year
22.4.2022
Decentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite the brief spike and with only eight days left in April, metrics show this...
XRP, Dogecoin Outperform as Crypto Markets Continue Slide
15.4.2022
XRP’s rise came amid positive sentiment for the payments tokens as Ripple founder Brad Garlinghouse said his company's ongoing defense against the SEC's lawsuit was going “much better than expected.”
Long Crypto Traders Feel Pain as Bitcoin's Slide Leads to $430M in Liquidations
12.4.2022
Nearly 90% of all liquidations in the past 24 hours came from traders betting on the upside
India’s Crypto Trading Volume Plunges Further as Mobikwik Stops Payment Service
12.4.2022
Cryptocurrency trading volumes in India have plunged further across exchanges as traders mull over the 30% crypto taxation. In addition, popular payment service provider Mobikwik has stopped service to exchanges. Crypto Trading Volume in India Plunges Further Cryptocurrency trading volume in India...
Bitcoin and Ethereum Target Additional Losses, Altcoins Slide
11.4.2022
Bitcoin price remained in a bearish zone below the USD 43,000 level. BTC extended decline and traded below the USD 41,500 support. It is currently (12:15 PM UTC) declining towards USD 41,000 and might soon test the USD 40,000 support. BTC is down 4% in a day.
Similarly, most major altcoins...
Terra’s LUNA Leads Slide in Majors as Ether Nears $3K
11.4.2022
Crypto markets slid on Monday amid a weak trading session in Asia and Europe in broader markets
Bitcoin and Ethereum U-Turned, Altcoins Slide
1.4.2022
Bitcoin price failed to clear the USD 48,000 resistance zone and traded below USD 45,000. It is currently (04:29 UTC) down 5% and trading near USD 44,700.
Similarly, most major altcoins are gaining bearish momentum. ETH is down 4% and there was a move below the USD 3,250 support. XRP...
Market Wrap: Cryptos Slide Amid Higher Volatility; Returns Typically Strong in April
31.3.2022
Bitcoin (BTC) and other cryptos declined on Thursday as bullish sentiment began to fade. In March, altcoins outperformed bitcoin, which typically occurs in a rising market. Seasonal data points to higher returns in April and May for both cryptos and stocks
Bitcoin, Ethereum Slide, Liquidations Soar as Market Awaits US Inflation Numbers
10.3.2022
Bitcoin (BTC), ethereum (ETH), and much of the broader crypto market traded sharply lower today, with liquidations of leveraged long positions amplifying the price drop. The crash comes as the market prepares for yet another high US inflation figure, and follows a jump in prices yesterday after...
Ethereum Fees Sink to Lowest Rate in 7 Months, Most L2 Fees Under $1 per Transfer
8.3.2022
Ethereum fees have continued to slide week after week and are now at the lowest value in seven months. On Tuesday, March 8, the average layer one (L1) Ethereum gas fee is 0.0042 ether or $10.89 per transfer. At the same time, median-sized gas fees are much lower as well, hitting values not seen...
Large Ether Options Flow Guards Against Price Slide Below $2.2K
8.3.2022
Sophisticated traders bought put options to protect against a continued ether price drop, one observer said
Market Wrap: Cryptos Slide; Analysts Expect a Volatility Spike
4.3.2022
Cryptocurrencies, including bitcoin (BTC), traded lower on Friday due to elevated headline risk. But volatility and trading volumes have been low. That could change as some analysts and traders expect a volatility spike this month
Weekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days
25.2.2022
Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out of 12 different NFT-supporting blockchains, Solana was the only gainer, in terms of NFT sales during the past week. NFT Sales...
Ethereum Fees Drop to the Lowest Rate in 4 Months, 71% Lower Than Transfer Fees in January
13.2.2022
The average transaction fee on the Ethereum network has dropped to the lowest level in four months, according to statistics on February 13, 2022. Mid-September 2021 was the last time gas fees on Ethereum were this low, as average fees have dropped to roughly $15.13 per transfer. Ethereum Fees Slide...