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Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as ETH Hits 2-Week Low
25.5.2023
Bitcoin dropped below the $26,000 level on Thursday, as bearish pressure intensified in cryptocurrency markets. Prices briefly fell below the $26,000 mark earlier in the day, before rebounding. Ethereum continues to trade below $1,800. Bitcoin Bitcoin (BTC) slipped below the $26,000 level during...
Bitcoin Options Market Signals Weakness over Six Months Amid Debt Ceiling Drama
25.5.2023
The renewed bias for bitcoin puts is consistent with the increased demand for downside protection seen in the options market tied to S&P 500
Study: Africa Likely to Leapfrog Leading Fintech Regions if It Adopts New Technologies
25.5.2023
Africa will likely leapfrog the top fintech regions if startups on the continent adopt new technologies, the Global Fintech 2023 report by the Boston Consulting Group and QED Investors has said. The report points to the African continent’s young population as well as the projected population...
Chinese President Xi Jinping Says China Ready to Strengthen Cooperation With Russia
25.5.2023
Chinese President Xi Jinping has stated that China is ready to strengthen cooperation with Russia. The two nations reportedly want to “develop and establish a bigger regional market” while ensuring “a more stable and robust global supply chain” in order to “bring real...
Stablecoin Market Shrinks for 14th Straight Month, Posing Potential Headwinds for Crypto Prices
25.5.2023
The continued contraction of the stablecoin market capitalization suggests that the crypto markets are still in their bear phase, macro analyst Tom Dunleavy said
30-Day Bitcoin NFT Sales Surge to $173 Million, Securing Second Place in Blockchain Market
24.5.2023
In the past month, recent data reveals that sales of non-fungible tokens (NFTs) originating from the Bitcoin blockchain have surged to $173.28 million. Surpassing 20 alternative blockchain networks, Bitcoin-based NFT sales now secure the second position in the realm of blockchain sales, with only...
Crypto’s Quirky Automated Market Makers and How They Differ From TradFi Exchanges
24.5.2023
Crypto exchanges have order books just like the NYSE, but the digital asset realm also offers something very different known as automated market makers (AMMs)
Biggest Movers: LTC Falls 6%, DOGE Moves to 2-Week Low
24.5.2023
Litecoin was a notable mover on Wednesday, as the token dropped by as much as 6% in today’s session. The decline came as a red wave swept through the crypto market, leading to the global cap falling by 2% at the time of writing. Dogecoin also dropped, hitting a two-week low. Litecoin (LTC)...
Black Market for Worldcoin Credentials Pops Up in China
24.5.2023
The startup looking to create a global blockchain-based identification system using iris scans is getting duped by Chinese users
Bitcoin dips 5% to key support in 'moment of truth' for crypto market
24.5.2023
Both BTC price and the total crypto market cap line up a retest of the 200-week moving average — a key bear market support line
Bitcoin, Ethereum Technical Analysis: BTC, ETH 2% Lower, Ahead of FOMC Minutes
24.5.2023
Bitcoin was once again trading below a key resistance level of $27,000 on Wednesday, ahead of today’s U.S. Federal Open Market Committee (FOMC) minutes report. Markets are expecting that the minutes will show the Federal Reserve’s timeline towards a policy pivot. Ethereum was 2% lower...
Why Bitcoin is stuck below $28,000 resistance
24.5.2023
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses why Bitcoin’s price is stuck near $27,000 and the next price level for the king of cryptocurrencies
CoinEx Exchange Contributes to the Success of Bitcoin 2023 Conference
24.5.2023
PRESS RELEASE. Miami, Florida/ Bitcoin 2023, a three-day bitcoin conference held in Miami Beach, Florida, has concluded, bringing together developers, investors, and crypto enthusiasts from around the world. The conference featured a range of talks about Bitcoin, covering topics like investment...
Report: Emerging Market Investors Dumping Dollar-Denominated Debt and Seeking Local Currency Bonds Instead
24.5.2023
Emerging markets investors are being attracted by local currency-denominated bond instruments while leaving dollar-denominated debt, according to data provided by EPFR Global, a fund flow and allocation data insights company. These markets have outperformed dollar-denominated debt due to...
Core Scientific moves for September bankruptcy exit, expects $46M boost
24.5.2023
Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised
Putin Wants Limit on Currency Purchases for Russians Dealing With Foreigners
24.5.2023
Russian citizens and firms doing business abroad may soon be restricted in the amount of foreign currency they are allowed to acquire, on order from Vladimir Putin. Russia’s head of state now wants his government to cap such purchases on the domestic forex market. President Putin Orders Russian...
Bankrupt Crypto Exchange FTX Continues to Explore Potential Relaunch, Court Records Reveal
23.5.2023
Recently submitted court records in the FTX insolvency case reveal that the exchange’s new CEO, John Ray III, has been exploring a revival plan for the now-disabled trading platform and the “preliminary formation of restructuring strategies.” FTX’s Revival Prospects Surface...
PloutΩs Coin Skyrockets 50,000% in 24 Hours: Find the Next Crypto to Explode with yPredict Market Research Tool
23.5.2023
As meme coin season continues to keep traders glued to charts, unlikely superstar PloutΩs coin has skyrocketed an eye-watering 50,000% in the latest millionaire maker pump.
Playing on the love of the ancient Greeks in the ever-growing meme community, PloutΩs Coin launched to a resounding pump...
Biggest Movers: SHIB, BNB Rebound From Key Price Floors on Tuesday
23.5.2023
Shiba Inu climbed to a two-week high on Tuesday, as bullish sentiment returned to cryptocurrency markets. The meme coin rose by as much as 2% in today’s session, as the global crypto market cap surged by the same amount. BNB was another notable gainer today. Shiba Inu (SHIB) Shiba inu (SHIB)...
8 ways crypto exchanges can help address liquidity concerns
23.5.2023
Crypto exchanges must take the initiative in addressing regulators’ and investors’ concerns about liquidity