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Bitcoin 2022 bear market 'usual' despite key trend line loss — analyst
6.12.2022
On-chain data shows BTC price holding its historical trend, and the 200-week moving average is a poor way to assess the Bitcoin bear market, Superswell says
Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year
6.12.2022
Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidity squeezes and investor withdrawals.” Standard Chartered Bank’s...
This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume
5.12.2022
On Monday, Dec. 5, 2022, market data shows that non-fungible token (NFT) sales dropped 5.23% lower than last week’s sales despite a 15.16% increase in NFT buyers. Out of the $112.70 million in NFT sales volume over the last week, Ethereum-based NFTs accounted for $86.59 million or 76.8% of the $112...
Bitcoin price recovery possible after record realized losses and leverage flush out create a healthier market
5.12.2022
On-chain analysis highlights a slow down in selling and improving investor sentiment which could help BTC price recover
Big Money Investors Turn to These Altcoins as Crypto Market Recovers – What Do They Know?
5.12.2022
While stocks continued Friday's downward trend Monday, Bitcoin and other cryptocurrencies remained relatively steady, though Bitcoin is currently struggling to stay above the $17,000 support. As markets remain unpredictable, this is a great time to follow the lead of many other investors buying...
Oryen Network will become a DeFi behemoth, Likely to end up alongside Stacks and Radix in market cap
5.12.2022
It is crucial for investors to diversify their portfolios with a variety of investments that have the potential to generate excellent returns. Consider investing in Oryen Network. The market has taken notice of The Oryen Network’s 250% price increase in its 6th presale round. The network...
Biggest Movers: LTC Climbs to Highest Level Since May
5.12.2022
Litecoin rose to a seven-month high to start the week, as cryptocurrency markets continued to react to the latest U.S. nonfarm payrolls figures. The token was up for a second consecutive session, climbing to its highest point since May. Shiba inu was also a notable gainer on Monday. Litecoin (LTC)...
BTC price levels to watch as Bitcoin holds $17K into the market open
5.12.2022
BTC price strength allows cautious Bitcoin traders outline targets above $17,500
Bitcoin, Ethereum Technical Analysis: BTC Races to 3-Week High on Monday
5.12.2022
Bitcoin was trading above $17,000 on Monday, as the world’s largest cryptocurrency raced to a three-week high. Today’s move comes as prices rose for a second straight day, with momentum now firmly bullish. Ethereum was also in the green to start the week, with the coin hovering near...
ByBit Crypto Exchange to Layoff Third of Workforce Amid Ongoing Bear Market
5.12.2022
Crypto exchange ByBit is planning to cut its workforce by 30% due to poor market conditions - which are likely to worsen, said its CEO Ben Zhou.
Bloomberg cited co-founder and Chief Executive Officer Zhou as saying that reductions will be across the board. ...
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Crypto’s Virgil Through the Market Hellscape
5.12.2022
Arthur Hayes has been many things to crypto over the years: a builder, a showman and a criminal. This year, as the industry collapsed, he’s been a wise commentator for the inexperienced and perplexed. That’s why he is one of CoinDesk’s Most Influential 2022
Swyftx cuts 40% of staff as it braces against 'worst-case scenario'
5.12.2022
The Australian crypto exchange said while it had no exposure to FTX, it was "not immune" to its fallout
Save Thousands In Taxes by Harvesting NFT Losses – CoinLedger Explains How
5.12.2022
There’s a silver lining to the crash in the NFT market — millions of dollars of potential tax-savings. To help NFT investors claim their tax-savings before the end of the year, CoinLedger recently launched an NFT tax-loss harvesting tool. Let’s break down how the tool works...
Bybit announces second round of layoffs in 2022 to survive bear market
4.12.2022
Ben Zhou, the co-founder and CEO of Bybit, announced a reorganization plan amid a prolonged bear market, which involves a steep reduction in the workforce
Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware
4.12.2022
Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict an increase in the supply of used coin minting hardware as large foreign companies leave the industry....
Biggest Movers: QNT Remains Near Multi-Week High, XMR up for Fifth Straight Session
3.12.2022
Quant was one of the biggest gainers to start the weekend, as price remained close to a multi-week high. This comes as cryptocurrency markets were marginally higher, following Friday’s volatile session. Monero was also higher on Saturday, as the token extended its recent gains for a fifth...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates to Start the Weekend
3.12.2022
Bitcoin was consolidating to start the weekend, as prices once again fell below $17,000. The move comes as traders continued to digest the latest U.S. nonfarm payrolls report. Ethereum was also marginally lower in today’s session, with price dropping below a key resistance point. Bitcoin...
Biggest Movers: DOT Hits 12-Day High, UNI up for Fourth Straight Day
2.12.2022
Polkadot rose to its highest level in nearly two weeks on Dec. 2, despite cryptocurrency markets sliding following the latest nonfarm payrolls report. The global crypto market cap is down 0.57% as of writing, as prices consolidated following the data being released. Uniswap was also higher, despite...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Higher Following US Nonfarm Payrolls Report
2.12.2022
Ethereum moved closer to the $1,300 level on Dec. 2, as prices remained near a multi-week high. This comes as the latest U.S. nonfarm payrolls report showed that 263,000 jobs were added to the U.S. economy. Markets had expected this to come in at 200,000. Bitcoin was trading above $17,000 prior...
Traders Explain 3 Ways of Surviving Crypto Bear Market – The Last One Might Shock You
2.12.2022
The cryptocurrency market is down by 0.5% in the past 24 hours, with its total cap dipping to $891 billion overnight. This level represents a 2.3% rise in the last seven days, yet the market remains down by 15% in a month, by 31% in the past six months, and by 62.6% in a year....
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