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Argentine Peso Plunges to a 5 Month Low Amid Legal and Political Woes
26.12.2022
The Argentine Peso has experienced a sudden fall vs the U.S. dollar, falling to a 5-month low in its blue rate, one of the many parallel exchange rates of the country. The reasons for this fall, besides the abundance of pesos due to holiday-related payments, and the battle between President Alberto...
Bitcoin Hashrate Slides as Texas Miners Curtail Hashpower to Bolster the Grid
25.12.2022
Bitcoin’s total hashrate tapped a low of 170 exahash per second (EH/s) on Dec. 25, as reports noted that bitcoin miners in Texas curtailed their hashpower during a massive winter freeze. Statistics show that close to 100 exahash dropped off the network but rebounded from the 170 EH/s low to...
BTC price foregoes Santa rally as Bitcoin volatility hits record low
25.12.2022
Bitcoin has never been so boring, according to the Bitcoin historical volatility index, as Christmas 2022 offers nothing for BTC bulls or bears
Biggest Movers: SOL Hits 1-Month Low on Saturday, as UNI Extends Recent Declines
24.12.2022
Solana fell to a one-month low to start the weekend, as cryptocurrency markets moved lower ahead of Christmas Day. Today’s drop saw the token fall for a fourth straight session, as market sentiment shifted bearish. Uniswap was also in the red on Saturday, with price falling for a second consecutive...
Italy and Albania Bust €15 Million Crypto Investment Scam
23.12.2022
Authorities in Italy and Albania have hit a fraud scheme enticing victims with promises of low-risk investments in cryptocurrencies. During an operation coordinated by Eurojust, investigators from the two countries searched a dozen locations and seized assets and computer equipment. Fraudsters...
Biggest Movers: DOGE Rebounds on Thursday, LTC Nears 1-Week High
22.12.2022
Dogecoin rebounded from Wednesday’s decline, as the meme coin moved away from a key support level. Prices have been hovering close to a two-month low in recent days, with today’s surge bringing optimism to remaining bulls. Litecoin was also higher, as the token remained close to...
Bitcoin low volume sparks BTC price warning as metric hits 'value zone'
22.12.2022
Bitcoin NVT signal data presents conflicting views of what might happen to the current BTC price range
British Columbia to halt new power connections for crypto miners
22.12.2022
British Columbia has cited prioritizing clean energy and job creation as the main reasons for suspending cryptocurrency mining operations
Coinbase’s Slump to All-Time Low Sends Market Cap Below Dogecoin
20.12.2022
The crypto exchange has dipped another 17% over the past 30 days, bringing its year-to-date plunge to more than 85%
IOTA tests support of $0.15: Will MIOTA fall below April 2020 low?
20.12.2022
Even the first three letters of IOTA indicate the most utilized technology of the 21st century, the IoT or the Internet of Things. Even somebody who is unaware of this token would easily be able to associate its relevance with IoT technology. Launched in 2017 with a super returning ICO, IOTA took...
Bitcoin Price Prediction as Bears Take Control – How Low Can BTC Go?
20.12.2022
Bitcoin is trading bearishly on December 20, having breached a narrow range of $16,550 to $16,800 and falling to the 16,300 level. However, Bitcoin has returned to the same trading range as before. Investors are waiting for a solid fundamental reason to drive price action. Similarly, the overall...
While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher
18.12.2022
Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, at block height 766,080. During the last 2,016 blocks, Bitcoin’s hashrate has been around 254.3 exahash per second (EH/s), and block intervals...
TVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021
17.12.2022
The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17, 2022, the TVL in defi is roughly $39.53 billion after dropping more than 4% in value during the past 24 hours. Value Locked in Defi...
Biggest Movers: ADA Hits Fresh Record Low, BNB Down for Seventh Straight Day
17.12.2022
Cardano fell to a fresh all-time low on Saturday, as prices plunged by over 10% to start the weekend. The move saw the token drop for a third straight session, as a red wave swept through cryptocurrency markets. Binance coin also moved lower, dropping for a seventh consecutive day. Cardano (ADA)...
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,200 to Start the Weekend
17.12.2022
Ethereum fell below $1,200 to start the weekend, as prices continued to trade close to a multi-week low. This decline comes as market sentiment remained bearish following a big week of economic data. Bitcoin also extended recent declines, as traders remained nervous following news that financial...
Biggest Movers: ADA Hits All-Time Low on Friday, MATIC Extends Recent Downtrend
16.12.2022
Cardano fell to an all-time low on Friday, as sentiment in crypto markets remained bearish in today’s session. The token fell for a third consecutive day, with prices moving below a key price floor in the process. Polygon also extended recent declines, hitting a multi-week low as a result....
Bitcoin Price Prediction as BTC Falls Below $18,000 – How Low Can it Go?
16.12.2022
The prediction for the price of Bitcoin has become bearish, as BTC has fallen below an upward channel. If BTC closes outside of this channel, it is likely to drop to $16,775.
The US session saw further selling in BTC after worse-than-expected US Flash Services PMI on Friday, disappointed market...
Biggest Movers: DOGE, LTC Near 3-Week Lows on Thursday
15.12.2022
Dogecoin was trading close to a three-week low on Thursday, following the release of retail sales figures in the United States. Customer spending fell by more than expected in November, dropping by 0.6% last month. Litecoin slipped for a second successive session, falling to its lowest point since...
Citi Says Crypto Market Leverage, Open Interest Are Historically Low
14.12.2022
The bank expects a broader focus on decentralization in 2023 following this year’s failings in centralized crypto ventures
Silvergate Shares Drop to Fresh 2-Year Low Amid FTX Testimony
13.12.2022
The crypto-friendly bank announced earlier this month that it was a “victim” of the failed crypto exchange