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Canaan expects minor revenue drop in 2022 despite crypto mining crisis
28.12.2022
Crypto mining firm Canaan expects its annual RMB-denominated revenue to drop less than 15% despite the crypto market cap plummeting 70% in 2022
Canaan expects minor revenue drop in 2022 despite crypto mining crisis
28.12.2022
Crypto mining firm Canaan expects its annual RMB-denominated revenue to drop less than 15% despite the crypto market cap plummeting 70% this year
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...
Bitcoin Price and Ethereum Prediction; After 75% Drop From High, BTC Bears Exhausted
23.12.2022
During the Asian session on December 23, Bitcoin price prediction remains neutral below $17,000, as the market appears to have low volatility and trading volume ahead of the Christmas holidays. Benjamin Cowen, a well-known cryptocurrency expert, recently stated that the bears are growing tired...
Paxful to Drop Ethereum Trading Due to Increased Centralization and Consensus Mechanism Pivot
22.12.2022
Paxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decision, with increased centralization and the recent consensus mechanism pivot amongst them. Youssef...
Guggenheim CIO Scott Minerd Warns of a Crypto ‘Washout’ Similar to the Internet Bubble
22.12.2022
Guggenheim Partners CIO Scott Minerd believes there is going to be a crypto washout similar to the internet bubble. “There’s another shoe to drop,” he warned. Nonetheless, the executive is confident that the crypto industry will move forward despite the collapse of crypto...
Bitcoin Gains 2%, Stocks Drop as Bank of Japan Allows Benchmark Bond Yields to Rise
20.12.2022
The BOJ unexpectedly lifted the cap on the 10-year Japanese government bond yield to 0.5% from 0.25%, finally ending the prolonged period of near-zero yields
BTC price faces 20% drop in weeks if Bitcoin avoids key level — analyst
19.12.2022
Bitcoin does not look good when it comes to sustained BTC price upside, traders warn, as GBTC reaches a fresh record discount
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)...
Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month
16.12.2022
While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop considerably during the last three days. While 20% of BUSD’s supply was drained since last month...
No more proof-of-reserve checks? Auditors quietly drop crypto projects from portfolios
16.12.2022
The firms work with prominent crypto exchanges such as Binance, KuCoin, Crypto.com, Gate.io, OKX and FTX
Bitcoin, Ether Slip as Audit Firm Mazars Pauses Work for Crypto Clients, S&P Futures Drop
16.12.2022
Bitcoin outperformed ether and BNB as Mazar's decision to suspend crypto audit work and Binance fears weighed over the crypto market
Bitcoin Could Drop to $10K-$12K by Q1 2023, VanEck Says
14.12.2022
Wave of miner bankruptcies could keep bitcoin under pressure in the first quarter of 2022, VanEck's Matthew Sigel said, while forecasting a bull revival in the second half of the year
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
Bitcoin, Ethereum Technical Analysis: BTC Rallies to 1-Month High, as ETH Nears $1,300
13.12.2022
Bitcoin surged to a one-month high on Dec. 13, ahead of the latest inflation report from the United States. It is expected that consumer prices will fall to 7.3% in November, which would be a drop of 0.4% from the month prior. Ethereum was also higher in today’s session, as prices neared...
PC Gamers Drop Some Files Into Folders, Make Old Games Look Brand New
13.12.2022
Valve’s classic Portal was recently re-released on Steam with some very fancy new visuals, including ray-tracing and DLSS support. That was great news for Portal fans, but it’s also great news for fans of all kinds of old PC games.Read more
Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital
12.12.2022
The Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in USDD’s value, Tron founder Justin Sun tweeted that his team was “deploying more capital,” and the stablecoin’s web portal usdd.io claims the project...
Polygon (MATIC) battles with $0.95: Is another drop coming?
12.12.2022
Polygon is a layer two scaling platform on Ethereum architecture. It combines the proof of stake and plasma framework to resolve the scalability issue that negatively impacts the blockchain industry. MATIC is the native coin of the Polygon network. While writing this analysis, the price of Polygon...
GameStop to drop crypto efforts as Q3 losses near $95M
9.12.2022
The gaming company has stopped its cryptocurrency-related focuses but is seemingly still pushing ahead with its NFT and blockchain plans
Vampire Survivors Gets Surprise Mobile Release
9.12.2022
Vampire Survivors—which was technically released at the very end of 2021—is on a lot of people’s GOTY shortlists, partly because most people only got around to playing it in 2022, but mostly because it’s very good.Read more