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Biggest Movers: DOT, ADA, SHIB Down Under 10%, as WAVES Rallies on Monday
9.5.2022
Monday’s downturn in crypto markets sent several tokens lower, with cardano, polkadot and shiba inu all falling by over 15%. Despite this, there were some notable exceptions which rose to start the week, WAVES being one of them. WAVES WAVES was trading in the green on Monday, as prices rose...
Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity
9.5.2022
As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two days ago on May 7, 2022, UST dipped down to $0.985 per unit against tether (USDT), and the stablecoin’s price drop invoked a great...
Coinbase Faces Q1 Earnings Challenge as Crypto Markets Weaken
9.5.2022
Cryptocurrency exchange Coinbase Global Inc. (COIN) will continue to face headwinds as the company is set to report first quarter earnings on Tuesday after the market close
Catching the Falling Knife: Bitcoin, Ethereum Down 50% From All-Time Highs — Billions Leave Crypto Economy
8.5.2022
The crypto economy has dropped considerably in value during the last five weeks, slipping 23.28% from $2.19 trillion to today’s $1.68 trillion. Furthermore, both bitcoin and ethereum are awfully close to sinking 50% below the all-time highs recorded six months ago. Bitcoin Sinks Lower...
Biggest Movers: LUNA Falls to 6-Week Low, as ALGO Surges 15% on Saturday
7.5.2022
Despite Terra buying $1.5 billion worth of BTC this week, LUNA slipped to a six-week low to start the weekend. Overall, crypto markets remained in the red, however ALGO was one of the rare exceptions to record significant gains. Algorand (ALGO) ALGO was easily one of the biggest gainers during...
Biggest Movers: WAVES Drops 17% as NEAR, SOL, and AVAX Also Take Double-Digit Hits on Friday
6.5.2022
WAVES dropped by as much as 17% in today’s session, as crypto markets as a whole traded mostly in the red. SOL and NEAR were two notable tokens to fall in today’s session, with AVAX also falling by double digits today. WAVES WAVES dropped for a second consecutive session, as prices...
Recent Bitcoin Bull Run and Prior Run-up Data Suggests a Softer Bear Market Is in the Cards
4.5.2022
It’s been six months or roughly 180 days since bitcoin reached an all-time high at $69K per unit on November 10, 2021, and bitcoin’s USD value is down 45% from that point. Typically after bitcoin’s price tops, the bear market that follows leads to a large 80% or more decline...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Ahead of Today’s Rate Decision
4.5.2022
Bitcoin was trading marginally higher on Wednesday, as crypto markets returned to the green ahead of the Fed meeting. ETH also rebounded in today’s session, moving away from its long-term support level in the process. Bitcoin BTC was trading higher on Wednesday, as bulls re-entered...
SEC Nearly Doubles Crypto Enforcement Unit — Regulator Says ‘Crypto Markets Have Exploded in Recent Years’
3.5.2022
The U.S. Securities and Exchange Commission (SEC) has nearly doubled the size of its Enforcement Division’s crypto unit. SEC Chairman Gary Gensler said the regulator “will be better equipped to police wrongdoing in the crypto markets while continuing to identify disclosure...
Bitcoin, Ethereum Technical Analysis: BTC Below $40,000 Prior to Wednesday’s Fed Meeting
3.5.2022
BTC continued to trade below $40,000 prior to Wednesday’s FOMC meeting, as crypto markets anticipated a potential rate hike. ETH was also trading close to its long-term support level, with many hoping for an end to current bearish sentiment, after tomorrow’s announcement. Bitcoin...
First Mover Americas: Bitcoin Loses Key Support During Ugly Weekend for Crypto Markets
2.5.2022
The latest moves in crypto markets in context for May 2, 2022
With an ‘Aggressive’ Fed Rate Hike Expected Next Week, Stocks and Crypto Markets Lose Billions
1.5.2022
Investors will be focused on the U.S. central bank this Wednesday as Federal Reserve policymakers are expected to raise the benchmark interest rate aggressively. The top U.S. stock indexes saw significant losses at the end of the week, and the Nasdaq composite saw its worst four-month starting...
Biggest Movers: FTM Down 12% to Start the Weekend, as ATOM Hits 8 Month Low
30.4.2022
FTM was down by as much as 12% to start the weekend, as crypto markets were once again under a red wave. ATOM was also victim to this wave, falling to its lowest level since last August during Saturday’s session. Fantom (FTM) Fantom (FTM) was down by double digits on Saturday, as bearish...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain in the Red, to Start the Weekend
30.4.2022
Bitcoin and ethereum were both trading lower to start the weekend, as crypto markets continued to face bearish pressures. The current uncertainty surrounding next week’s Federal Reserve meeting has seen prices consolidate for most of the week, with Saturday being no different. Bitcoin...
Crypto Market's Direction During a Recession Might Depend on Nasdaq
26.4.2022
Because of bitcoin's strong correlation to the tech-heavy Nasdaq 100 index in recent months, the cryptocurrency's performance during a recession might depend on the direction of broader markets
Biggest Movers: GRT up 15%, While ZEC Rallies Following Recent Losses
26.4.2022
As crypto markets moved into the green on Tuesday, GRT was one of the biggest gainers, as prices rebounded following recent declines. ZEC was also higher on the day, climbing by as much as 5%, while DOGE extended Monday’s gains. The Graph (GRT) GRT was easily one of the biggest gainers...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Fall to 5-Week Lows
25.4.2022
Both ETH and BTC fell close to five-week lows to start the week, as losses in crypto markets extended on Monday. Following bearish pressure over the weekend, BTC started the week trading below $39,000, while ETH was under $2,900. Bitcoin Bitcoin started the week trading in the red for a fifth...
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $40,000 on Saturday
23.4.2022
Bitcoin fell below $40,000 to start the weekend, as crypto markets continued to be submerged by the latest red wave. ETH was also lower on Saturday, and remained in the red for a second consecutive session. Bitcoin BTC dropped below the $40,000 level to start the weekend, following a three-day...
Biggest Movers: WAVES, GMT, and EOS Among Big Gainers on Easter Weekend
16.4.2022
Following recent declines in price, WAVES climbed higher to start the weekend, as crypto markets moved marginally higher. Some of the biggest contributors to the gains were EOS and GMT, which both rose by over 6%. EOS EOS rose for a second consecutive session to start the weekend, as prices raced...
Biggest Movers: XRP Hits 1-Week High, as NEAR Falls Again
15.4.2022
During what can be described as a choppy trading session, it was XRP which was one of the most notable gainers, climbing to a one-week high. While ripple rose, NEAR was once again lower, falling by as much as 10% on Friday. XRP While crypto markets were mainly in the red, XRP was one of […]