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Market Wrap: Bitcoin Inches Higher but Sluggish Volume Shows Reluctance to Invest
7.9.2022
While BTC technical indicators are signaling traders to buy, Fed actions and the strength of the U.S. dollar suggest that traders should wait. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Cardano (ADA) eyes 15% rally despite Charles Hoskinson's fear over 'macro factors'
7.9.2022
Cardano's Vasil update is expected to be a bullish event, but macro fears are strongly countering the upside bias
Binance Converting USDC and Other Stablecoins to BUSD - A Market Share Grab?
7.9.2022
Binance, the largest cryptocurrency exchange by trading volume, has announced that it is removing support for three major stablecoins including Circle's USDC, Pax Dollar (USDP), and TrueUSD (TUSD) on all its products. ...
Read More: Binance Converting USDC and Other Stablecoins to BUSD - A Market...
Biggest Movers: BCH, APE Fall to 2-Month Lows on Wednesday
7.9.2022
Bitcoin cash fell to a two-month low on Wednesday, as a red wave swept through cryptocurrency markets. The token dropped by over 10% during today’s session, hitting its lowest level since July. Apecoin saw a similar fate, plunging by over 10%. Bitcoin Cash (BCH) Bitcoin cash (BCH) dropped...
Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’
7.9.2022
Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped 5.87% under the $19K region, while the second largest crypto asset ethereum shed 8.7%....
A Crypto Analyst Reckons Off-Chain Bitcoin Activity is in Bull Market Right Now
7.9.2022
Zack Voell, a prominent crypto market researcher, has opined that while the pioneer cryptocurrency may be in a bear market in terms of price, there are signs to indicate that it is seeing bullish adoption with regard to off-chain activity.
Voell, who is an analyst at the Bitcoin mining software...
Bitcoin, Ethereum Technical Analysis: BTC Slips Below $19,000 Following Yesterday’s Failed Breakout
7.9.2022
Bitcoin fell below $19,000 on Wednesday, as the token failed to break out of a key resistance level during yesterday’s session. As a result of today’s sell-off, prices are now at their lowest point since June. Ethereum also declined, as bullish sentiment surrounding The Merge faded....
Bitcoin and Ethereum Dive As Crypto Market Takes A Hit
7.9.2022
Bitcoin price failed to surpass the USD 20,500 resistance zone. BTC started a major decline and traded below the USD 19,500 support. It is currently (04:00 UTC) down over 5% and might decline further towards USD 18,000.
Similarly, most major altcoins started a major decline. ETH dropped over...
FLUX Price Prediction: 13% Price Pump Shows Sustainable Momentum
7.9.2022
The cryptocurrency market might be in a recession, as evidenced by Bitcoin’s failure to reclaim the $20K levels. The global cryptocurrency market cap is also struggling to maintain the $1 trillion level. However, the pullback is not affecting all tokens because some, like FLUX, registered...
Market Wrap: Bitcoin Takes Late Dive Below $19K, Ether Falls as Merge Countdown Begins
6.9.2022
Bitcoin (BTC) and Ether (ETH) took divergent paths on Tuesday, as BTC traded down while ETH rose in early trading ahead of the much-anticipated transition of the Ethereum blockchain to a proof-of-stake protocol from a proof-of-work. Market Wrap is CoinDesk’s daily newsletter diving into what...
Biggest Movers: ETC up Nearly 30% on Tuesday, as Merge Timeline Is Set
6.9.2022
Ethereum classic was a notable mover in today’s session, as the token rose by nearly 30% on Tuesday. The surge comes as it was confirmed that the Ethereum merge event will take place next week, between September 13-15. Another big mover was avalanche, which rose by over 8% earlier today....
Will the Ethereum Merge crash or revive the crypto market? | Find out now on The Market Report
6.9.2022
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the Ethereum (ETH) merge and how it might impact the crypto market
DeFi Platform Credix Raises $11.25M to Connect Institutional Lenders With Emerging Market Fintechs
6.9.2022
The decentralized credit marketplace will use the capital to expand beyond Brazil
What Might Restart the Crypto Bull Market? Bernstein Has Ideas
6.9.2022
Atop the list is the Ethereum Merge which the analysts expect will take place as currently scheduled
Meta & Qualcomm to Develop Metaverse Geared Silicon to Be Used in Next Gen Headsets
6.9.2022
Meta recently announced a partnership with mobile chip company Qualcomm to produce chips geared for the metaverse market. The agreement will allow Meta to use Qualcomm’s XR technology, designed for extended and virtual reality tasks, to design and manufacture silicon to be put in the next...
Ethereum Merge to 'swamp' other coins with miners — Mining CEO
6.9.2022
The Ethereum Merge could force many crypto miners to give up and abandon their expensive mining rigs amid a race to the bottom for profits
What does the Fed’s fight against inflation mean for crypto? Macro analyst explains
5.9.2022
Macro analyst Lyn Alden explains why the Fed's efforts to curb inflation may take longer than expected and how they will impact the crypto markets
Biggest Movers: DOT, LINK Rise to Multi-Week Highs on Monday
5.9.2022
Polkadot rose to a multi-week high to start the week, as price increased for a second straight day. The token briefly broke out of a key resistance point, during Monday’s surge. Chainlink also moved to its highest point in nearly two weeks, with the token now trading nearly 13% higher in...
Big Eyes Coin Could Enjoy Prolonged Market Dominance and Seize the Crypto Industry from the Hands of Binance Coin and Chainlink
5.9.2022
Every so often, a new cryptocurrency is launched that shocks the industry and pushes it to new heights. Cryptos like Binance Coin (BNB) and Chainlink (LINK) enjoyed massive success, and Dogecoin (DOGE) was a meme coin that took some time but still made its name in the crypto world. There have been...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Week
5.9.2022
Volatility in crypto markets remained high on Monday, as bitcoin was mostly in the red to start the week. The token has once again moved below $20,000, as prices appear to be consolidating. Ethereum was also trading sideways, with prices falling marginally below a key support level earlier in...