Search
Bitcoin miner Canaan's net loss slightly improved in Q1 amid market turbulence
26.5.2023
Diluted net loss per American depositary share in Q1 2023 stood at $0.51 from $0.55 in the previous quarter
Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?
26.5.2023
Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has lost 60% of its market cap, with the S&P 500 only about 15% from its all-time high
Biggest Movers: MATIC Surged 5% on Friday, Hitting 18-Day High
26.5.2023
Polygon climbed to a multi-week high on Friday, as bearish sentiment in cryptocurrency markets began to fade. The global crypto market marginally rose during today’s session, following yesterday’s downturn. XRP was another notable gainer. Polygon (MATIC) Polygon (MATIC) was one...
Market Outlook: CME Fedwatch Tool Points to Increased Chance of June Rate Hike
26.5.2023
According to the CME Group Fedwatch tool on Thursday, there was a 51% probability of a quarter-point rate increase during the upcoming Federal Open Market Committee (FOMC) meeting on June 14. Just a fortnight ago, the Fedwatch tool indicated a slim possibility of the federal funds rate reaching...
Steve Cho, Partner at Mechanism Capital, on Web3 VC funding and the Current Crypto Market Landscape | Ep. 233
26.5.2023
In an exclusive interview with cryptonews.com, Steve Cho, Head of Mechanism Play and Partner at Mechanism Capital, talks about the state of the Web3 gaming industry, the current crypto market landscape and its impact on VC funding for crypto projects....
Read More: Steve Cho, Partner at Mechanism...
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,800, as Market Volatility Remains High
26.5.2023
Ethereum was once again trading above the $1,800 level, after a brief breakout during Thursday’s session. Prices rose by as much as 2%, as optimism grew that the U.S. debt ceiling could be increased. Bitcoin also marginally climbed, moving away from yesterday’s two-week low. Bitcoin...
Multichain Daily Bridging Volume Sees 5x Increase After Alleged Team Arrest, Barely Any Panic for Fantom
26.5.2023
Rumors have been spreading throughout the cryptoverse that the major blockchain bridge Multichain team has been arrested by the Chinese police - with the shockwaves hitting the Fantom (FTM) ecosystem softer than expected.
Per several Twitter accounts, the Chinese community has been reporting...
Circle Expands Euro-Pegged Stablecoin to Avalanche Blockchain
26.5.2023
On Thursday, the stablecoin issuer Circle Financial announced that the euro-pegged crypto asset EUROC is expanding natively on the Avalanche (AVAX) blockchain. According to Circle, several decentralized finance (defi) protocols and projects are supporting the new AVAX-issued EUROC asset....
Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months
25.5.2023
According to statistics, the liquid staking platform Lido accounted for 7.45% of the total value locked in decentralized finance (DeFi) a year ago today. Since then, Lido’s market dominance has significantly increased over the last 12 months to its current 26.18% share. Lido’s Market...
Debt ceiling crisis: Best practices to navigate this market
25.5.2023
Join us as we discuss the current U.S. debt ceiling crisis and what it means for Bitcoin and the crypto market
Regulators Around the World Regulate Cryptocurrencies Despite Market's 'Steady-State'
25.5.2023
The crypto market has seen a lot of pressure from regulators in diverse jurisdictions, even as the market trend has been more bearish recently.
A notable instance is the continuous regulatory actions by the United States Securities and Exchange Commission.
The US SEC has been actively...
Biggest Movers: Tron Rebounds Towards Fresh 1-Year High, MATIC Also Higher
25.5.2023
Tron was a notable gainer on Thursday, as the token edged closer to a fresh one-year high in today’s session. This came despite the global cryptocurrency market cap mostly trading lower, falling by 1% as of writing. Polygon also rebounded today. Tron (TRX) Tron (TRX) was marginally higher...
Blend Seizes 82% of NFT Lending Market Share: DappRadar
25.5.2023
Since NFT lending marketplace Blend launched May 1, it has amassed 169,900 ETH, or about $308 Million in volume
Silver Set to Shine: Citigroup Analysts Forecast $30 Value in Next 6-12 Months
25.5.2023
Citigroup analysts foresee a significant increase in silver’s value, potentially hitting $30 per unit within the next 6-12 months, according to the multinational bank’s latest silver assessment. The experts at Citi predict an ongoing decline of the U.S. dollar and anticipate a decrease...
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...