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Bitcoin Trims Losses Ahead of Major Options Expiry
21.9.2021
recovered from its overnight lows of USD 40,200, with a large bullish “wick” now visible in the daily chart as evidence that dip buyers arrived to bid the price higher.Following yesterday’s selling, a summary of the situation from crypto derivatives exchange Deribit also gave some traders ho
Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling
20.9.2021
Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to 11-year lows and many analysts and economists are concerned about a possible credit...
Laos Authorizes Cryptocurrency Mining and Trading Activities
18.9.2021
Laos has authorized a series of cryptocurrency mining and trading projects in the country, looking for another source of income to supplement the losses caused by the drop in tourism due to COVID-19 related measures. Six companies have been authorized to start cryptocurrency trading and mining...
As Leading Cryptos Dip Lower in Value, Elrond, Osmosis, Tron, Cosmos Token Values Climb
12.9.2021
On Sunday, digital currency markets have seen some slight improvements but overall since September 6, 2021, the $2.21 trillion cryptocurrency market capitalization is down 9.79% from $2.45 trillion. While dominant coins like bitcoin and ethereum have slid between 8-12% during the last week,...
24 Hour Double-Digit Crypto Gainers: Ecash Jumps 40%, Tezos Spikes 16%, Arweave Gains 12%
29.8.2021
During the last week, a large quantity of popular crypto assets have consolidated and have even seen some slight losses during the last seven days. However, there’s a slew of crypto coins that have seen significant double-digit gains during the last 24 hours. Ecash, Tezos, Arweave, Bitcoin...
Meme-Crypto Wars: Dogecoin and SHIB Prices Falter, Cake Monster Jumps Over 800% in 7 Days
28.8.2021
In 2021, meme-based crypto assets skyrocketed in value following the lead of the original meme crypto-asset dogecoin’s massive gains. This week a great number of digital currencies have rebounded in price but a slew of popular meme tokens are not doing so hot this week. However, one specific...
Bitcoin, Ethereum and Altcoins Extend Losses
26.8.2021
Bitcoin price failed to recover above USD 49,000 and started a fresh decline. BTC traded below the USD 47,500 and USD 47,200 support levels. The current (11:45 UTC) price action is showing bearish signs and BTC could continue to move down towards USD 46,000.
Similarly, most major altcoins...
Bitcoin and Ethereum Recover Losses, Cardano Rallies 15%
20.8.2021
Bitcoin price extended its decline, but the bulls were active near the USD 44,000 level. As a result, BTC started a fresh increase above the USD 45,500 and USD 46,500 resistance levels. It is currently (04:00 UTC) trading above USD 47,000 and it could even test USD 48,000.
Similarly, most major...
Teacher ‘Treatened Pupil with Weapon’ After Suffering Bitcoin Losses
17.8.2021
Source: AdobeStock / c_atta
A South Korean school teacher who asked their students to invest in bitcoin (BTC) for them went on to threaten one of their teenaged students with a weapon after token prices began to fall.
Per Chosun, the teacher in question, an unnamed 48-year-old head of a private...
Gold Rebounds After Sunday’s Flash Crash — Price Slide Blamed on Thin Trading Conditions, Leverage, Covid
9.8.2021
The price of an ounce of gold dropped dramatically this week, slipping under the $1,700 handle to $1,688 per ounce on August 8. On Monday, gold regained some of the losses jumping 2.36% back above the $1.7K region to $1,727 per ounce of fine gold. Gold’s Volatile Movements This Weekend Blamed...
Bitcoin erases May crash losses as BTC price rebounds to $44K
7.8.2021
Indicators suggest that Bitcoin is looking to repeat the October 2020-like rally that sent the prices from $10,000 to $65,000
Amazon rumored to be accepting Bitcoin, MicoStrategy pledges to buy more BTC despite losses, Bitcoin struggles at $40K: Hodler’s Digest, July 25-31
31.7.2021
Thorchain Trolled by Hacker After Two Successful Seven-Figure Exploits
27.7.2021
Thorchain, a popular defi protocol, has been compromised twice in the last two weeks, resulting in losses of over $10,000,000. The hacker responsible for the latest exploit left behind a message detailing the measures that should be undertaken to protect users. Hacker Returns to the Scene...
Dogecoin’s Downward Slide: 2-Month Stats Show Meme-Based Crypto Is Down 76%
17.7.2021
The infamous meme-based crypto asset dogecoin has had an incredible 12 months, rising more than 5,578% against the U.S. dollar. Dogecoin also ignited significant demand for a number of canine-themed cryptocurrencies this year as billions of dollars have funneled into these meme-coin economies....
Bitcoin, Ethereum and Altcoins Consolidate Losses
14.7.2021
Bitcoin price extended its decline below the USD 32,000 support zone. BTC tested USD 31,500 before recovering higher. It is currently (12:11 UTC) consolidating above USD 32,000, but it might face hurdles near USD 33,000 and USD 33,200.
Similarly, most major altcoins are consolidating losses. ETH...
FBI Warns Digital Currency Exchanges and Crypto Owners of Possible Threats
12.7.2021
The U.S. Federal Bureau of Investigation (FBI) issued an industry-wide warning about possible attacks on exchanges and crypto holders this week. The institution declared that there are threats actively tracking virtual asset platforms in order to take hold of these assets, causing financial losses...
Bitcoin and Ethereum Extend Losses, Altcoins Dive
8.7.2021
Bitcoin price started a fresh decline below the USD 33,500 support level. BTC even traded below the USD 33,000 level and it tested USD 32,200. The price is now (12:17 PM UTC) trying to recover above the USD 33,500 level.
Similarly, most major altcoins were gaining bearish momentum. ETH declined...
Bitcoin Remains At Risk, Ethereum and Altcoins Extend Losses
2.7.2021
Bitcoin price started a fresh decline from well above USD 34,000. BTC traded below the USD 33,200 support and it is showing bearish signs, while currently (04:36 UTC) trading above USD 33,000.
Besides, most major altcoins are gaining bearish momentum. ETH broke the USD 2,100 and USD 2,050 support...
Myriad Proof-of-Work Blockchains See Significant Hashrate Losses
29.6.2021
While there’s been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s recent hashrate loss on Monday, many other digital assets have seen hashrates drop significantly as well. Some of the largest digital currencies, in terms of market valuation, lost considerable...
Faze Clan Members Skewered By Fans Following Huge Crypto Losses
28.6.2021
Faze Clan, a video game group known for its vlogs and streetwear releases, is under hot water over cryptocurrency endorsements that have cost fans money. While a scam has not been outright proven, many are questioning whether or not members of the group capitalized on their fame to put a...