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Euro Drops to 20-Year Low Against the US Dollar, Tapping $1.028 per Unit — Analyst Says Parity Is Imminent

5.7.2022
The euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to the fear that the global economy is in a recession and analysts believe that the risk of “parity is just a matter of time now.” […]

Report: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company

3.7.2022
According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in revenue.” Furthermore, the reporter claims that Huobi’s co-founder Leon Li...

Brutal Month for Bitcoin as June Ends With Biggest Drop in 11 Years

1.7.2022
Crypto markets saw heavy losses with investors increasingly worried about high inflation and Federal Reserve rate increases. Some analysts say the bitcoin price could go even lower

Bitcoin, Ethereum Technical Analysis: BTC Rebounds on Friday, Following a Drop Below $19,000

1.7.2022
Following a move below $19,000 on Thursday, BTC was able to rise above $20,000 during today’s trading session. ETH also was able to remain above $1,000, following an attempt by bears to push price under this level during yesterday’s session. Bitcoin Bitcoin was trading marginally...

Key Bitcoin price metrics say BTC bottomed, but traders still fear a drop to $10K

28.6.2022
On-chain and technical analysis indicators suggest BTC price may have bottomed, but several traders are still wary that BTC price could fall as low as $10,000 in the short-term

Glassnode Report Says Bitcoin’s 2022 Price Drop Represents a Bear Market of ‘Historic Proportions’

28.6.2022
The crypto economy has slipped under the $1 trillion mark to the $970 billion range, as a large number of digital currencies have lost more than half their USD worth since November 2021. Bitcoin is down 70% from the all-time high last year, and a new report from Glassnode Insights calls the current...

3 charts showing this Bitcoin price drop is unlike summer 2021

28.6.2022
Bitcoin looks like a different planet this year, according to several popular on-chain metrics

Goldman Cuts Coinbase to ‘Sell’ Due to Fall in Crypto Prices and Industry Activity; Shares Drop

27.6.2022
The company faces a difficult choice between shareholder dilution and effective employee compensation, the report said

How low can Ethereum price drop versus Bitcoin amid the DeFi contagion?

26.6.2022
Interestingly, Ethereum has not reclaimed its all-time high against Bitcoin since June 2017 despite the NFT craze

Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop

25.6.2022
The Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power

Bitcoin, Ethereum Technical Analysis: Bullish Sentiment Returns to BTC Following Yesterday’s Sell-off

23.6.2022
Following yesterday’s drop in price, bitcoin stabilized during Thursday’s session, as prices hovered marginally below $21,000. Bulls are attempting to take BTC back towards this resistance level, which was broken as a result of Wednesday’s sell-off. Bitcoin BTC was trading...

Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction

23.6.2022
During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35%...

BlockFi Withdrawals Drop, Bitcoin Mining Difficulty, New NFT Wallets, 3 Crypto Films + More News

22.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: BlockFi Withdrawals Drop, Bitcoin Mining Difficulty, New NFT Wallets, 3 Crypto Films + More News

Elrond-Based P2E Game Cantina Royale Announces First-Ever IDO & NFT Drop on the Maiar Launchpad

22.6.2022
Cantina Royale, the popular and first real-time play-to-earn shooter game on the Elrond blockchain, prepares for its upcoming Initial DEX Offering (IDO) and NFT drop, unlocking all crucial P2E functionality. The token sale and NFT drop will occur on the Maiar Launchpad, and registrations will open...

Blockchain Games See a Drop in Users and Volume After Strong Performance in May

22.6.2022
Blockchain games have seen a drop in the number of users and trading volume over the past 30 days after delivering strong results in May. The top three blockchain-based games in terms of users, Alien Worlds, Axie Infinity, and Splinterlands, have seen a 12%, 37%, and 9% drop, respectively,...

Rubic Joining Arbitrum Odyssey for Upcoming Large-Scale NFT Drop

21.6.2022
Rubic recently announced joining the upcoming NFT drop, Arbitrum Odyssey. The venture also released an official post to encourage users to participate. Arbitrum Odyssey is a high-profile NFT drop event that kicks off at 1:00 pm on June 21st. The 2-month-long event will enable users to access...

Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% Lower

18.6.2022
While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of writing, the hashrate is coasting along at 184 EH/s after a slight rebound following the drop. With the price...