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Biggest Movers: MATIC, QNT Move Higher on Friday, as Cryptos Rebound
9.12.2022
Polygon was a notable gainer on Friday, as cryptocurrencies moved higher following a turbulent week of trading. The global crypto market cap is 2.28% higher as of writing, as markets prepared for the release of U.S. consumer sentiment data. Quant was another big mover, as prices surged for a second...
Why is Crypto Going Up – DXY Down, Time to Buy Coins For Altcoin Season?
9.12.2022
On Friday, a weaker dollar may have helped propel crypto prices upward as stock market investors remained cautious after U.S. inflation numbers came in at historically high levels despite a slight easing, and uncertainty around the upcoming FOMC meeting next week....
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Over the Last Year, Bitcoin’s Market Cap Slid From the World’s 8th Most Valuable Asset to the 26th Position
9.12.2022
In Nov. 2021, bitcoin’s market valuation managed to make it into the top ten list of assets ranked by market capitalization, as it was the eighth largest market cap last year on Nov. 9. Since then, bitcoin is 75% lower in value against the U.S. dollar and the leading crypto asset’s...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Friday, Following Volatile Week of Trading
9.12.2022
Bitcoin was back in the green on Friday, with prices once again moving above the $17,000 level. Cryptocurrencies were mostly higher in today’s session, as prices rebounded from recent losses. Ethereum also surged earlier in the day, climbing closer to the $1,300 level. Bitcoin Bitcoin (BTC)...
Terra Luna Classic Price Prediction – Can LUNC Hit $10 in the Next Bull Market?
9.12.2022
The Terra Luna Classic price has dropped by 0.5% in the past 24 hours, with its current level of $0.00017176 representing a 2% increase in the past week and a 6% jump in the past fortnight. However, with its community still debating future improvements, and with the FTX collapse still weighing down...
Bitcoin Price and Ethereum Prediction; US PPI Figures to Drive Market Sentiment
9.12.2022
The upward channel triggered a rebound in Bitcoin price above the $16,740 level on December 09, and it is now trading above the $17,200 level. Similarly, Ethereum has risen above the $1,280 level ahead of the US PPI figures, which are regarded as the most important economic event....
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Countries and institutions move into crypto despite market drop: Report
8.12.2022
November saw a reduction in BTC mining revenue for publicly traded miners, a decline in venture capital investment, and signals of Bitcoin going to $12,000
Total crypto market cap falls to $840 billion, but derivatives data shows traders are neutral
8.12.2022
Regulatory pressure continues to limit each upside breakout, but data shows some compelling reasons for an eventual crypto market rally
Waves-backed stablecoin USDN drops further after regulator warning and exchange delisting
8.12.2022
WAVES price and its USDN stablecoin lose value after the Digital Asset eXchange Association issues a caution notice and Upbit exchange delists the token
Biggest Movers: LTC, ATOM Extend Declines, Hitting 10-Day Lows
8.12.2022
Litecoin fell for a third consecutive session on Thursday, as the token continued to move away from recent highs. Cryptocurrencies have been mostly lower in recent days, as traders continue to fear a global recession. Cosmos also remained in the red during today’s session. Litecoin (LTC)...
Hedge Fund Presidio Trading to Spin Out Crypto Market Tail Risk Strategy
8.12.2022
Tail risk investment strategies look to reduce overall portfolio risk by outperforming during an unexpected downturn, but do so at the cost of lower returns in a bull market
Bitcoin, Ethereum Technical Analysis: BTC Nears 10-Day Low, as Bears Regain Market Sentiment
8.12.2022
Bitcoin continued to slip on Thursday, with the coin remaining close to its lowest level since the end of November. Momentum in cryptocurrency markets has shifted in recent days, with sentiment currently bearish. Ethereum was also lower, with the token dropping towards $1,200. Bitcoin Bitcoin (BTC)...
Judge Orders Bankrupt Crypto Lender Celsius to Return $50 Million to Customers – Here’s What Happened
8.12.2022
A US judge in the Celsius Networks bankruptcy case ordered the lender to return crypto worth $50 million to users of custody accounts (only), Bloomberg reported.
Judge Martin Glenn delivered the order verbally in a hearing on Wednesday. Per the report, this cryptocurrency “never touched...
Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill
8.12.2022
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of the industry and the taxation of its profits. Law to Regulate...
FTX's Bankman-Fried to face market manipulation probe, Do Kwon chimes in
8.12.2022
As part of a broader inquiry into FTX's collapse, federal prosecutors are looking at the role that FTX and Alameda may have played in the fall of Terra LUNA
Just 8% of Americans have a positive view of crypto: CNBC survey
8.12.2022
CNBC’s All-America Economic Survey was conducted towards the end of November, just a few weeks after the collapse of crypto exchange FTX
Biggest Movers: DOGE, LINK Fall to 10-Day Lows on Wednesday
7.12.2022
Dogecoin fell to a ten-day low on Dec. 7, as the meme coin extended a recent decline, falling for a third consecutive session. Overall, cryptocurrency markets have been mostly bearish in today’s session, and are down 1.07% as of writing. Chainlink was another notable token to fall, and is currently...
Bitcoin Price Prediction – When Will the Next Bull Market Start?
7.12.2022
Bitcoin price prediction turned bearish on November 7, following the bearish breakout of a major support level of $16,900. The breach of the upward trendline has increased selling pressure on Bitcoin, potentially leading to a drop to $16,500.
Let's take a quick look at the market's...
Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months
7.12.2022
Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of rising above the 40% range 52 days ago, on Oct....
Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate as USD Strengthens
7.12.2022
Bitcoin was consolidating on Wednesday, as the U.S. dollar continued to strengthen versus several G7 currencies. A strong dollar means demand for cryptocurrencies typically plummets, with the global market cap trading in the red as of writing. Ethereum was also lower today, falling as it remained...