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Bitcoin, Ethereum Technical Analysis: ETH Falls to 9-Day Low Below $1,300
11.10.2022
Ethereum fell to a nine-day low during Tuesday’s session, as the U.S. dollar rose to a two-week high. The decline comes ahead of this week’s U.S. inflation report, which is expected to show consumer prices falling by 0.2% month-on-month. Bitcoin was also in the red during...
Leverage The Current Bear Market To Purchase Moshnake, Cardano, And WazirX For Cheap
11.10.2022
The current cryptocurrency bear market has been harsh, no doubt. However, many crypto enthusiasts see it as a perfect time to buy more crypto—like the new cryptocurrency, Moshnake (MSH) — in preparation for the good days ahead. Moshnake is coming to the crypto coin market with special offerings...
Bitcoin's Calm Amid Soaring Bond Market Volatility Points to 'HODLer'-Dominated Crypto Market
11.10.2022
Bitcoin's 90-day realized volatility has dropped to lowest since December 2020, defying long-standing criticism that cryptocurrencies are more volatile than traditional market assets
Ripple Builds New Partnerships in France and Sweden Despite Crypto Bear Market
11.10.2022
Ripple inked deals with Paris-based payment provider for online marketplaces Lemonway and Swedish money transfer provider Xbaht focused on the Thailand remittances corridor
Customer support staff swamped during market swings — exchange execs
11.10.2022
Binance Australia's CEO says it is imperative that customer support is ready for a large influx of customer inquiries at any moment
JPMorgan CEO Jamie Dimon Warns Recession Could Hit in 6 Months, Stock Market Could Drop 20% More — ‘This Is Serious Stuff’
11.10.2022
The CEO of global investment bank JPMorgan, Jamie Dimon, has warned that the U.S. economy could tip into recession in six to nine months. “This is serious stuff,” the executive stressed, adding that the stock market could easily fall another 20%. JPMorgan CEO Jamie Dimon’s...
Market Wrap: Bitcoin Trades Flat Ahead of Inflation Report
10.10.2022
Unexciting but resilient, bitcoin continues its march between $19,000 and $20,000. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Bitcoin Price Outlook for October — Strong Dollar and Fed Rate Hike Gives Bears the Advantage
10.10.2022
Ten days into October, and ahead of this Wednesday’s U.S. inflation report, bitcoin prices fell to a one-week low. Prices of the world’s leading crypto asset were mostly in the red during September, trading below $20,000 for the majority of the month. As of writing, bitcoin continues...
Bitcoin and Ether Fall Slightly as Macro Clouds Loom Over Market
10.10.2022
The market downturn is likely influenced by some de-risking ahead of Thursday's release of Consumer Price Index inflation, one crypto analyst says
Paul Tudor Jones says he still has Bitcoin exposure amid market downturn
10.10.2022
With a reported net worth of roughly $7.5 billion, the veteran hedge fund manager said he still has a "very minor allocation" of Bitcoin
Biggest Movers: TRX Hits 4-Week High, MKR Remains Close to 2-Month Peak
10.10.2022
Tron rose to a one-month high in today’s session, hitting a key resistance point in the process. The surge in price comes despite cryptocurrency markets trading mostly lower on Monday. Another exception to this decline was maker, which remained close to an eight-week high. Tron (TRX) Tron...
Demand for talent in crypto less dependent on market as industry matures
10.10.2022
Historically, bear and bull market cycles in crypto tend to correlate with the amount of talent that enters the space
Bitcoin, Ethereum Technical Analysis: BTC, ETH Fall to 1-Week Lows, as Markets Prepare for Big Week of Data
10.10.2022
Bitcoin was trading near a key support point on Monday as markets prepared for a big week of economic data. The headline release will be Wednesday’s U.S. inflation report, which is forecasted to come in at 8.1% for September, which is lower than August’s rate of 8.3%. Ethereum...
Back to Square One? Circle's USDC Market Cap Drops Below $50B for First Time Since Terra's Collapse
10.10.2022
USDC's utility has taken a hit in the wake of Binance's decision to consolidate order books and Circle's decision to freeze addresses associated with Tornado Cash
Report: Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi
10.10.2022
Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset management firm came shortly after the crypto exchange had exited...
USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’
9.10.2022
In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société...
Latest EU Sanctions Expected to Stimulate Russia’s Own Crypto Market, Exchanges Maintain Services
9.10.2022
The new crypto sanctions imposed by the European Union are likely to spur the development of the country’s digital asset market, according to a Russian lawmaker. Anatoly Aksakov, who chairs the parliamentary Financial Market Committee, believes Russians will manage to bypass...
Biggest Movers: XRP Nears 5-Month High to Start the Weekend
8.10.2022
Xrp, the token formerly known as ripple, rose close to a five-month high on Saturday, despite the current red wave sweeping through markets. The token was trading marginally above a ceiling of $0.525, as bulls attempted to recapture recent highs. Cosmos was also higher, nearing a breakout of a...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Recent Declines on Saturday
8.10.2022
Bitcoin was trading lower on Saturday, as cryptocurrency prices continued to trade in the red following the latest U.S. nonfarm payrolls (NFP) report. The token dropped for a fourth consecutive day, moving closer to a key support point in the process. Ethereum was also in the red, hitting...
Study: MENA Crypto Volumes Grew Fastest Between July 2021 and June 2022 — Turkey Cements Position as Region’s Largest Market
8.10.2022
Of the $566 billion in cryptocurrency transaction volume for the Middle East and North Africa (MENA) region between July 2021 and June 2022, nearly 40% went to Turkey, which kept its place as the region’s biggest cryptocurrency market, according to the latest Chainalysis data....