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Morgan Stanley Says Tightening in the Crypto Market Has Paused
22.8.2022
While the market cap of stablecoins, an indicator of crypto liquidity, has stopped falling, demand for leverage has yet to start recovering, the bank said
Ethereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship
22.8.2022
The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has worried many users about the possibility of censorship happening at a protocol level. This means that, even by interacting directly with smart contracts, blacklisted...
Bitcoin and Ethereum Trend Negative, BNB Shines
22.8.2022
Bitcoin price accelerated lower below the USD 23,200 support. BTC traded below the USD 22,000 support zone and tested USD 21,000. It is currently (04:00 UTC) consolidating losses and facing many hurdles near USD 22,000.
Similarly, most major altcoins are back in a bearish zone. ETH dived below...
Moscow Exchange Prepares to List Digital Financial Assets by Year End
21.8.2022
Russia’s largest market for equities, bonds, and derivatives, the Moscow Exchange, intends to launch a product based on digital financial assets by the end of the year, an executive has revealed. The trading platform is already working with a partner to organize the placement of digital...
3 reasons why the Bitcoin price bottom is not in
20.8.2022
Bear market fractals, weak technicals and macro risks continue to signal more pain for Bitcoin ahead
Biggest Movers: SHIB Rebounds on Saturday, as ATOM Moves Away From 3-Week Low
20.8.2022
Following three consecutive days of declines, shiba inu rebounded on Saturday, as the meme coin appears to have found a support point. Cosmos was also higher, in what has mostly been a bearish start to the weekend. As of writing, the global crypto market cap is down 1.31%. Shiba Inu (SHIB) Shiba...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Recent Declines During Saturday’s Session
20.8.2022
This week’s sell-off in cryptocurrency markets worsened on Saturday, with bitcoin falling below $21,000 for the first time in nearly a month. Ethereum also continued its descent in today’s session, as the price of the token dropped under the $1,700 level to start the weekend. Bitcoin...
Indian Police Search for Bitconnect Founder After the US Indicted Him for Defrauding Crypto Investors
20.8.2022
The Indian police have launched an investigation into Bitconnect and booked its founder after a bitcoin investor reported being defrauded by the global crypto “Ponzi scheme.” According to U.S. authorities, the scheme reached a market capitalization of $3.4 billion at its peak....
10 Traditional Companies that are Moving into Crypto Despite Market Downturn
20.8.2022
Big traditional companies have continued to embrace crypto in a variety of ways over the past year, despite the current market downturn.
To keep you up to date on who is doing what to secure their slice of the crypto economy, we have gathered a list of 10 traditional companies that have recently...
Top 10 PoW Dominance Evaporates 9 Years Later, Only Two Proof-of-Work Coins Will Remain After The Merge
20.8.2022
The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW to PoS, only two crypto assets in the top ten market cap rankings...
3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think
20.8.2022
There are signs of further turbulence ahead. The absence of a BTC futures premium, $470 million in liquidations and excessive stablecoin lending all point toward new yearly lows
Market Wrap: Bitcoin’s Price Plummets on Global Inflation Concerns
19.8.2022
The decline in crypto prices appears to be linked to poor inflation data in Germany. Bitcoin (BTC) sold off sharply in Friday trading, and was recently trading below $21,500, down more than 8% over the last 24 hours. The largest cryptocurrency by market capitalization is down 13% for the week.The...
Crypto Fear and Greed Index Shows Market Sentiment Remains Fearful
19.8.2022
After the Crypto Fear and Greed Index (CFGI) dropped to significant lows and pointed to “extreme fear” in crypto markets at the end of May, and throughout most of June, today the CFGI rating is still in the “fear” zone, but it has seen an improvement. On June 19,...
Biggest Movers: DOGE Extends Recent Declines, Falling by Nearly 15% on Friday
19.8.2022
Dogecoin fell for a third consecutive session on Friday, with the token dropping by almost 15% in today’s session. As of writing, the global cryptocurrency market cap is roughly 8% lower, with the majority of the top 100 in the red. Filecoin was another notable mover, falling by nearly 20%....
Value Locked in Defi Loses $5.7 Billion in 5 Days, Smart Contract Tokens Shed 7.8% in 24 Hours
19.8.2022
The total value locked (TVL) in decentralized finance (defi) has slid 8.53% over the last five days since August 14, 2022. At the time, the TVL was $67.87 billion but today, the value locked in defi is approximately $62.08 billion. Moreover, the top smart contract platform tokens by market...
Bitcoin, Ethereum Technical Analysis: BTC Plunges Below $22,000, While ETH Nears 10-Day Low
19.8.2022
Bitcoin was significantly lower on Friday, as the token fell by over $1,500 in a 24-hour period. The world’s largest cryptocurrency has been declining all week, however today’s drop engulfed previous losses. Ethereum was also in the red, as the token fell below $1,700 for the first...
End-of-Week Ethereum: Developers Firm Up Merge Date, Hedge Fund Investor Says Merge is ‘Not Priced In’, Aave Proposes Strongly Signaling Support for PoS
19.8.2022
Ethereum (ETH) developers firmed up September 15 as the date when the highly anticipated Merge is estimated to happen, while Aave (AAVE) seeks to "strongly signal" its support for the PoS chain instead of PoW. Meanwhile, a crypto hedge fund manager says the Merge is not yet priced in by...
Bitcoin and Ethereum Take Hit, Altcoins Tumble
19.8.2022
Bitcoin price started a major decline below the USD 23,000 level. BTC traded below the USD 22,500 and USD 22,000 support levels. It is currently (11:20 UTC) down over 7% and trading well below USD 22,000.
Similarly, most major altcoins are down heavily. ETH traded below the USD 1,750 support...
Crypto Stocks Slide in Pre-Market Trading as Bitcoin Slumps to $21.6K
19.8.2022
Marathon Digital and Riot Blockchain are leading the plunge in crypto stocks today with both facing double-digit moves to the downside
Crypto market bloodbath leads to over $500M in liquidations in 24 hours
19.8.2022
Data from crypto analytic firm Glassnode shows future long liquidation of BTC touched a new 8-month high as BTC price crashed below $22,000 on Friday