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‘Consistently Strong’ Institutional Crypto Demand Stayed Despite Price Slump – WisdomTree
6.5.2022
Demand for WisdomTree's crypto-backed funds has stayed “consistently strong” through the price slump this year, with professional money managers in Europe among the key players allocating to the space, this asset management firm and exchange-traded fund (ETF) provider has said.
Will Peck, Head...
Will Polkadot (DOT) price reverse course now that cross-chain messaging is live?
6.5.2022
DOT price could find reason to rally now that cross-chain messaging on Polkadot brings new interoperability, liquid staking and options to mint aUSD stablecoin
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
6.5.2022
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point...
Bitcoin price heads under $36K as three-day losses near 12%
6.5.2022
More pain for both crypto and stocks on May 6 as traders see no hint of a relief rally coming so far
$1.7 Billion in NFT Sales Fueled by Otherdeed Trades — NFT Volume Jumps 74% Higher Than Last Week
6.5.2022
With the help of the Bored Ape Yacht Club’s Otherside land sale, non-fungible token (NFT) sales have increased a great deal this week. NFT sales increased 74.77% during the last seven days, capturing $1.71 billion in sales volume among 266,918 traders. 7-Day NFT Sales Volume Jumps 74%...
US Jobs Report Shows Gain of 428,000, Adding to Price Pressures
6.5.2022
Friday's Labor Department report showed that employment growth slowed but it's still high enough worry the Federal Reserve about a too tight labor market
Ethereum Stuck Around $3K; Will ETH Record a Bull Run Soon?
6.5.2022
Ethereum price trends over different time frames offer different perspectives. Based on the charts, it is the best time to hold ETH. However, the market share of ETH’s competitors is seen to be rising, or is Ethereum just taking a much-needed break before the next big bull run? Well, if we take...
Bitcoin's rocky road to becoming a risk-off asset: analysts investigate
6.5.2022
Bitcoin has long been known as a “store of value,” but is the world’s largest cryptocurrency transitioning to becoming a risk-off asset in 2022?
Bitcoin Corrects Almost 8%; Will BTC Hit Its Support Near $34K?
6.5.2022
The largest digital currency, Bitcoin, faced the biggest intraday drop of more than 8% to $36,700. On the other hand, Ethereum was also down more than 7%, along with many other cryptocurrencies. It happened due to the tight monetary policy of the US central bank. We think the market needs more...
'Someone is blowing up' — Bitcoin sees 2022 volume record amid hopes capitulation is over
6.5.2022
Does Bitcoin have further to fall? BTC calms after stocks see a situation which has happened only twice this century
Finder’s Fintech Specialists Predict XRP Jumping to $2.55 by December 2022
5.5.2022
On May 4, the product comparison platform finder․com published a ripple price prediction report that polls 36 fintech specialists. According to findings stemming from the participating panelists, ripple could jump to $2.55 per unit by December 2022. However, the prediction relies on Ripple...
Descending channel pattern and weak futures data continue to constrain Ethereum price
5.5.2022
ETH derivatives metrics and technical analysis point toward further downside for Ethereum price
Bitcoin price hits 10-week lows as $40K spike becomes 'nasty bull trap'
5.5.2022
A full reversal and then some for BTC means that bulls are coming to terms with months of ground given up
Here’s why blue-chip NFT prices continue to soar nearly a week after the Otherside mint
5.5.2022
Most of the NFT market is in a downtrend, but data shows funds continuing to flow into blue-chip tier projects
Bitcoin falls toward $38K as stocks abandon Fed 'reactionary rally'
5.5.2022
The S&P 500 and Nasdaq sees substantial losses on the day as Fed-induced gains evaporate
Avalanche rebounds 25% in five days as AVAX price tests key level — big rally ahead?
5.5.2022
Crypto market correlation and Valkyrie's Avalanche fund launch also helped push AVAX to a weekly high
DOT rallies 12% in a day as Polkadot gears up to solve a major blockchain hacking problem
5.5.2022
But the token still risks falling by more than 30% based on a classic bearish continuation setup
Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset 'pain trade'
5.5.2022
What could rile investors more than a capitulation in stocks and crypto is sideways trading "for a long time."
3 key metrics signal Terra (LUNA) price is preparing for a recovery
4.5.2022
LUNA price is far from its all-time high but three key metrics signal that the altcoin could be preparing to rally
US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table
4.5.2022
The U.S. Federal Reserve raised the benchmark interest rate on Wednesday and the increase was the biggest rate hike in two decades. “Inflation is much too high,” the central bank’s chair Jerome Powell said after the Fed raised rates by 0.5%. FOMC Decides to Hike Rate by 3/4...