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Ethereum Outperforms Bitcoin, LUNA Struggles, MKR Rallies
10.5.2022
Bitcoin price declined heavily and tested the USD 30,000 support. BTC is currently (11:48 UTC) correcting losses near USD 31,700, but the bears are active near the USD 32,000 zone. A close above USD 32,000 and USD 32,500 might start a stronger increase. BTC is down almost 4% in a day and 18%...
10-month BTC price lows spark $1B liquidation as Bitcoin eyes $35K CME futures gap
10.5.2022
Long positions suffer across Bitcoin and altcoins as BTC gets sent back to exchanges for potential sale
Analyst claims that exchanges sell your Bitcoin, crypto trading platforms respond
10.5.2022
A crypto analyst claimed that staking Bitcoin within exchanges allows them to sell it to someone else; Cointelegraph reached out to the platforms for more info
Bukele Showcases Bitcoin City Plans and ‘Buys the BTC Dip’ Amid Stark Warning
10.5.2022
After weeks of silence on all things bitcoin (BTC)-related, El Salvador’s outspoken President Nayib Bukele has taken to Twitter to announce that his government has bought USD 15.4m worth of BTC – and to showcase plans for Bitcoin City. However, voices of opposition are continuing to issue...
'Kwontitative easing' — BTC price hits $43K in UST as Terra empties $2.2B Bitcoin bag
10.5.2022
A frantic effort to rescue UST continues as Bitcoin weathers the storm to receive a $35,000 target next
Bitcoin Tests USD 30K, Ethereum Dives, LUNA Halves as UST Loses Peg
10.5.2022
Bitcoin price remains in a strong downtrend below the USD 35,000 support level. BTC even dropped below USD 30,000 before recovering. It is currently (04:44 UTC) correcting losses and trading near USD 30,800, but upsides might be limited above USD 32,500. BTC is down almost 9% in a day and 20%...
Three new crypto ETFs to begin trading in Australia this week
10.5.2022
Australians will soon have five options for cryptocurrency exchange-traded funds as the delayed funds from Cosmos and 21Shares launch this week along with 3iQ’s in the future
2022 Bitcoin Obituaries List Outpaces First 3 Years, Schiff Says Its ‘Highly Likely Bitcoin Will Crash Below $10K’
10.5.2022
While bitcoin’s price has dropped to levels not seen since January 2022, a number of detractors think bitcoin is on its death bed. Data stemming from the Bitcoin Obituaries list shows the leading crypto has died seven times in 2022, outpacing the first three years of obituaries by year...
Bitcoin retests key $30K support zone as data highlights BTC whale accumulation
9.5.2022
Fear dominates the crypto market as BTC price trades near $30,000, but data suggests whales and momentum traders could be interested in accumulating in this zone
42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumbles
9.5.2022
The Bitcoin price plunged below $31,000 on Monday, marking a new low for the year. Altcoins also sold off sharply
As BTC Slides Toward Resistance, the Chance of a Rare Triple Top Formation Comes Into Play
9.5.2022
The cryptocurrency economy has shed a lot of value during the last six months dropping 48.70% from $3.08 trillion to today’s $1.58 trillion. While crypto markets looks extremely bearish these days, a few crypto advocates have theorized the bear market will be less harsh this time around....
Bitcoin price falls to $31K as traders prepare for a ‘rocky’ road and more downside
9.5.2022
BTC price hits a 2022 low as on-chain data points toward capitulation by traders adopting a risk-off approach to crypto and stocks
Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT
9.5.2022
BTC and many altcoins are fast approaching the “capitulation phase”, which is typically followed by the market finding a bottom
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...
First Mover Americas: Institutions Look To Be Selling BTC in Falling Market
9.5.2022
The latest moves in crypto markets in context for May 9,2022
Bitcoin, Ethereum Technical Analysis: BTC Slips to 10-Month Low, Below $33,000
9.5.2022
BTC fell to its lowest level since last July, as prices dropped below $33,000 to start the week. The selloff in cryptocurrency started last week, following the Fed’s decision to hike interest rates by 0.5%. In addition to bitcoin, ETH hit a two-month low as a result of the red wave. Bitcoin...
Luna Foundation Loans Out BTC to Defend Bitcoin Peg, Faces Community Backlash
9.5.2022
The Luna Foundation Guard (LFG), the entity tasked with holding bitcoin (BTC) as part of the reserves backing the TerraUSD (UST) stablecoin, has loaned out USD 750m worth of BTC to a trading firm “to help protect the UST peg.” Confronted with what this really means, Terra (LUNA) founder Do Kwon...
Bitcoin Drops Below USD 33K, Ethereum Slides More, Altcoins Tumble
9.5.2022
Bitcoin price extended its decline below the USD 35,000 support and dropped below USD 33,000. It is currently (11:45 UTC) trading near USD 32,900 and is down over 5% in a day and almost 15% in a week.
Similarly, most major altcoins extended their decrease. ETH moved below USD 2,400 and is down...
Bitcoin sets news 2022 lows as analyst says trip to $24K realized price 'entirely possible'
9.5.2022
Below $30,000 is now traders' preferred prognosis for Bitcoin price action with no let-up in the sell-off this week
Japanese e-commerce site adopts BTC and XRP payments for used cars
9.5.2022
The development marks the first time XRP digital currency will be used on a cross-border Japanese e-commerce site