Search
Three Arrows Capital Confirms Heavy Losses From LUNA's Collapse, Exploring Potential Options: Report
17.6.2022
Terra’s implosion in mid-May and falling bitcoin prices affected the fund’s portfolio, its founders confirmed
Biggest Movers: SOL, TRX Nearly 10% Higher, as Crypto Prices Marginally Rebound
16.6.2022
SOL was nearly 10% higher on Thursday, as crypto prices rebounded following recent losses. The rebound comes a day after the latest Fed rate hike, with TRX also gaining on the news. Solana (SOL) SOL was trading higher during today’s session, spurred by the latest Federal Reserve rate hike....
Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased
16.6.2022
Alejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of President Nayib Bukele, has made in bitcoin. Zelaya stated that there had not been any losses because the bitcoin purchased — around 2,300 BTC —...
Biggest Movers: MATIC Slides to 1-Year Low as LINK Rebounds Following Losses
15.6.2022
MATIC fell to a one-year low on Wednesday, as crypto markets continue to crash this week. The decline sees MATIC almost 10% lower, and comes as LINK rebounded on Wednesday, hitting a four-day high in the process. Polygon (MATIC) MATIC was a notable mover on hump-day, as prices of the world’s...
Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From Here
15.6.2022
On Monday, June 15, 2022, the price of bitcoin tapped a low not seen since mid-December 2020 as the price hit $20,080 per unit. A large number of crypto supporters are debating whether or not the drop is the market’s bottom or if the fall could lead to deeper losses. At the time of writing...
Gorilix (SILVA) Up 15% as Binance Coin (BNB) & Ripple (XRP) Suffer Losses
15.6.2022
The extensive price drops of major cryptocurrencies such as Binance Coin (BNB) and Ripple (XRP) are ongoing. The markets have tended to favor stable coins and some smaller altcoins, which generally do not follow the same fluctuations as some of the more popular tokens, making them highly sought...
Bitcoin and Ethereum Struggle to Recover Losses, Altcoins Turn Red
15.6.2022
Bitcoin price stayed above the USD 21,200 support zone, formed a base, and started a recovery wave above the USD 21,800 level. But it failed to continue higher and is currently (04:07 UTC) trading near USD 23,360 again. BTC is down 5% in a day and 31% in a week.
Similarly, most major altcoins...
El Salvador’s Finance Minister ‘Laughs off’ Claims of USD 40M Bitcoin ‘Losses’
14.6.2022
El Salvador’s Minister of Finance Alejandro Zelaya says he is “laughing off” international media reports that claim the nation’s bitcoin (BTC) adoption plans could scupper the economy and that they have left a USD 40 million hole in national finances....
Read More: El Salvador’s Finance Minister...
El Salvador 'has not had any losses' due to Bitcoin price dive, finance minister says
14.6.2022
Salvadoran minister Alejandro Zelaya brushed off the media criticism of the nation’s investments in Bitcoin
Solana, Dogecoin Lead Plunge in Majors as Traders Warn of ‘Severe Losses’ Ahead
13.6.2022
Higher inflation will continue forcing higher interest rates which would be negative for economic growth, one analyst said
Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout
11.6.2022
While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total value locked in defi has dropped 7.96% since...
Axie Infinity: AXS price risks deeper losses despite 90% drawdown already
11.6.2022
Interestingly, an AXS technical setup also predicts a 2,500% price rally despite the token facing major headwinds ahead
Hawkish ECB Intentions, Tether on Tezos, Osmosis Promises to Cover Losses + More News
9.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Hawkish ECB Intentions, Tether on Tezos, Osmosis Promises to Cover Losses + More News
Coinbase balance drops by 30K BTC as Bitcoin price nurses 6% losses
7.6.2022
Whales and institutions alike are on the radar after the latest data from exchange order books
BNB Stretches Losses as Binance Fights New Regulatory and Media Battles
7.6.2022
Binance coin (BNB), the native token of the world's largest crypto exchange Binance, has extended losses as new regulatory scrutiny and media investigation have once again put the exchange in the spotlight - albeit not in a positive manner....
Read More: BNB Stretches Losses as Binance Fights...
Longer-term Bitcoin holder losses hit two year lows
7.6.2022
Bitcoin’s long-term holders are beginning to suffer losses matching those from previous bear markets, and Glassnode believes the pain may continue, and even get worse
Social media blamed for $1B in crypto scam losses in 2021
6.6.2022
Nearly half of the consumers that reported a cryptocurrency-related scam in 2021 said it started with an ad, post, or message on social media
Biggest Movers: ATOM Falls Towards Multi-Week Low, as GRT Extends Recent Losses
2.6.2022
ATOM fell towards a three-week low on Thursday, as crypto markets were victim to yet another red wave. Overall, markets are down nearly 5% as of writing, with GRT dropping by almost 10% lower on the day. Cosmos (ATOM) ATOM dropped towards a three-week low during Thursday’s session, as global...
Bitcoin price risks $29K 'nosedive' as Wall Street opens with fresh losses
1.6.2022
Weakness across markets means fresh bad news for Bitcoin, with analysts struggling to find any positive news
CoinShares' Losses From Terra's Slide Hit $21.4M
31.5.2022
Liquidating the digital asset firm's position was a "humbling lesson," the CEO said