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Fintech Startup TrueLayer Trimming 10% of Staff, Citing Challenging Market Conditions
16.9.2022
London-based fintech open banking startup TrueLayer has announced that it will lay of 10% of its workforce due to "challenging market conditions."
Bitcoin Price and Ethereum Might Recover, CHZ and LINK Turn Attractive
16.9.2022
Bitcoin price started a consolidation phase after it dropped to $19,500. BTC is currently (11:00 UTC) trading above $19,500 and eyeing an upside break above $20,000. A clear move above the $20,000 resistance might send the price towards $20,450 in the near term....
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Etheruem Bearish Turn Could Drag Bitcoin Lower, ATOM and GLM Rally
16.9.2022
Bitcoin price remained well below the $20,500 resistance zone. BTC is currently (03:30 UTC) trading below the $20,000 support zone. A downside break below $19,500 might start a major decline in the near term.
Similarly, most major altcoins are struggling to start a fresh increase. ETH started...
Vietnam, Philippines, India, China Among Top Countries for Crypto Adoption, Chainalysis Global Index Shows
16.9.2022
Blockchain analytics firm Chainalysis has published its 2022 cryptocurrency adoption index. Vietnam, the Philippines, India, and China are among the countries with the highest crypto adoption. While the overall adoption slows worldwide in bear markets, it “remains above pre-bull market...
Most of the crypto market is down, but Cosmos (ATOM) price is up — Why?
15.9.2022
BTC, ETH and most altcoins sold-off heavily as the Merge began, but ATOM is bucking the trend with a near double-digit gain
Market Wrap: Markets Trade Lower Despite Success of Ethereum Merge
15.9.2022
Ether falls more than 9% at one point as traders “sell the fact” following a nearly seamless Ethereum Merge. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Crypto, Stocks, PMs Sink Lower — All Eyes on the Fed’s Next Rate Hike as Ethereum’s Merge Hype Wavers
15.9.2022
The crypto economy has slipped under the $1 trillion range once again after briefly rising to a high of $1.16 trillion on September 14. Signs show that Ethereum’s Merge hype has seemingly left the building and market participants are now waiting for the upcoming Federal Reserve meeting next...
Biggest Movers: LEO Hits 1-Week High, ATOM Rebounds From Recent Declines
15.9.2022
UNUS SED LEO rose to a one-week high on Thursday, as prices rebounded following a three-day losing streak. Another token which rebounded in today’s session was cosmos, which climbed higher following five straight days of declines. Overall, crypto markets are down 1.09% as of writing. UNUS...
The Ethereum Merge to proof-of-stake is complete — What’s next? | Interview with Dr. Julian Hosp
15.9.2022
Now that the historic Ethereum Merge is finally complete and everything went off smoothly, what's next for the network? Join us as we discuss this and more with Tim Warren, co-host of Coffee N Crypto, and Dr. Julian Hosp
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,600 Following Completion of The Merge
15.9.2022
Ethereum fell below $1,600 on Thursday, despite the successful completion of the highly anticipated Merge event. The event saw a migration from proof-of-work (PoW), to a proof-of-stake (PoS) system. Bitcoin was also lower in today’s session, with the token falling below the $20,000 level....
Bitcoin Price and Ethereum Relatively Muted, GLM Starts Fresh Rally
15.9.2022
Bitcoin price stayed above the $19,500 support zone. BTC is currently (12:20 UTC) consolidating near the $20,000 level. To start a fresh increase, the bulls must push the price above the $20,500 resistance zone in the near term.
Similarly, most major altcoins might attempt a fresh increase. ETH...
Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December
15.9.2022
The central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s digital asset market by Dec 1. Working with other regulators, they should also present a common position on the legislation...
Binance Grows Fast in India as Home Market Exchanges Forced to Implement 1% Tax
15.9.2022
India’s 1% tax on crypto transactions is causing the country’s crypto traders to flee local crypto exchanges, but some major players are benefiting from this trend. For Binance, the controversial levy has generated additional 429,000 downloads of the exchange’s app last August, its highest result...
Ether Futures Market Discount Evaporates After the Merge
15.9.2022
The negative spread between futures and spot prices has narrowed from $20 to almost zero following the Merge
Bitcoin Price Struggles, Ethereum Consolidates Ahead of Merge, CEL Rallies
15.9.2022
Bitcoin price failed to start a recovery wave above the $20,500 level. BTC is currently (02:50 UTC) consolidating near the $20,000 level. A downside break below $20,000 might start a major decline in the near term.
Similarly, most major altcoins are trading in a range. ETH is trading near $1,600...
Market Wrap: Ether Trades Relatively Flat Ahead of Ethereum Merge
14.9.2022
Investors remained cautious in the final hours before the much-anticipated event. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Volatility expected as $490M in ETH options expire shortly after the Ethereum Merge
14.9.2022
The outcome of the Ethereum Merge will be a primary price drive that dictates whether ETH bears profit from this week’s $490 million options expiry
Biggest Movers: ETC Trading Below $40.00 Ahead of Thursday’s Merge Event
14.9.2022
Ethereum classic rebounded on Wednesday, following three consecutive days of declines. The token dropped below $40.00 earlier this week, and continues to trade below this level ahead of tomorrow’s merge event. On the other hand, Solana remained lower, with prices falling by over 8% today....
Emerging Markets Lead Global Crypto Adoption in Bear Market, Chainalysis Says
14.9.2022
The blockchain analytics firm's 2022 Global Crypto Adoption Index also shows China remains active despite a ban on crypto trading
Boom and bust: How are Defi protocols handling the bear market?
14.9.2022
A look at how DeFi protocols have fared during the recent bear market and the importance of continuing to build during market downturns