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Bitcoin drops to support as looming CPI print shakes up crypto and stock markets
9.8.2022
Traders tuck their tails as this week’s CPI print approaches and BTC and ETH price fall back into range to test underlying support
Biggest Movers: UNI Drops to 1-Week Low, While FIL Extends Recent Declines
9.8.2022
Uniswap moved to a one-week low on Tuesday, as crypto markets were mostly in the red during today’s session. The latest red wave in crypto markets comes days after several high profile tokens rose to multi-month highs. Filecoin was one such token, however it too declined today, falling for...
Is your SOL safe? What we know about the Solana hack | Find out now on The Market Report
9.8.2022
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss whether your SOL is safe or not
Bitcoin, Ethereum Technical Analysis: BTC Drops Under $24,000 After Falling Below Key Price Ceiling
9.8.2022
Bitcoin fell below $24,000 in today’s session, as prices collided with a key resistance level. Following a strong start to the week, crypto markets were mostly in the red, with the global market cap down 2.98% as of writing. Ethereum was also trading lower, moving close to a breakout below...
Report: Nigerian Anti-Graft Body Identifies Individuals Fueling the Naira’s Rapid Depreciation
9.8.2022
Nigeria’s Economic and Financial Crimes Commission (EFCC) recently claimed it had identified individuals and organizations whose rapid accumulation of U.S. dollars recently accelerated the depreciation of the local currency, a report said. According to Abdulrasheed Bawa, the EFCC chairman...
Axie Infinity looking to 'double-down' on Korean market: KBW
9.8.2022
Sky Mavis co-founder and growth lead Jeffrey Zirlin says Axie Infinity wants to double down in South Korea, which they see as one of the most important gaming markets in the world
Bitcoin and Ethereum Consolidate, ZEC and CEL Rally
9.8.2022
Bitcoin price was able to briefly move above the USD 24,000 resistance level before trimming its gains. BTC is currently (04:01 UTC) trading near USD 23,800 and still up over 2% in a day and a week.
Similarly, most major altcoins are trading in a range and eyeing more gains. ETH could gain pace...
Market Wrap: Bitcoin Climbs Above $24K
8.8.2022
The cryptocurrency is largely tracking stocks
Native Payment Infrastructure, Airswift, Raises $2M in Pre-Seed Funding Led by CE Innovation Capital
8.8.2022
PRESS RELEASE. Vancouver, August 8, 2022 – Airswift, a fintech startup pioneering Web 3.0 native payment solutions, announced that it raised $2 million USD in a pre-seed funding round led by CE Innovation Capital (CEiC). The latest funding comes amid a bear market sentiment and uncertainty around...
Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst
8.8.2022
As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg
Crypto Lender Hodlnaut Pauses Withdrawals — Company Cites Market Conditions, Despite Recent Crypto Rally
8.8.2022
On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the last three months, leaving customers little hope that they will see their funds...
Biggest Movers: FLOW Moves to Highest Point Since May, DOT Fast Approaching $10 Level
8.8.2022
Flow was in the green to start the week, as the token climbed to its highest point since May. The surge has seen prices rise by as much as 15% on Monday, as recent gains were extended. Polkadot was also higher, as it too cemented multi-month highs. FLOW FLOW was one of Monday’s most notable...
World Gold Council Exec Believes Blockchain Technology Will Bolster Trust in the Gold Industry
8.8.2022
The World Gold Council’s (WGC) head of global sales and regional CEO, Joe Cavatoni, explained on Friday that he believes the gold industry will integrate with blockchain technology in order to “help the industry standardize reporting.” Cavatoni spoke about the London Bullion...
Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Month High Above $1,800
8.8.2022
Ethereum surged to a two-month high on Monday, as crypto prices have mostly moved higher following Friday’s nonfarm payrolls report. Bitcoin rose to a one-week high, as the token climbed above $24,000 to start the week. Overall, the global market cap is trading 4.11% higher as of writing....
Crypto Lender Hodlnaut Freezes Withdrawals, Citing Market Conditions
8.8.2022
The crypto lender has also withdrawn its application to be regulated in Singapore
DeFi market has room for growth in Korea: 1inch co-founder — KBW 2022
8.8.2022
1Inch plans to expand into a largely untapped Asian market, but a lack of DeFi knowledge is preventing mass adoption
China and Taiwan’s Potential Economic Impact, Bear Market Warnings, and FC Barcelona Metaverse News — Bitcoin.com News Week in Review
7.8.2022
From ominous speculation about the potential economic fallout of military conflict between Taiwan and China, to markets being flooded with designer watches in the wake of a crypto downturn, to warnings of worse bear markets and soccer franchises pushing forward in the realm of metaverse ambitions...
Shark Tank Star Kevin O’Leary Buys the Bitcoin Dip — Says Crypto ‘Desperately Needs Policy’
7.8.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he has bought the dip during the recent cryptocurrency market sell-off. He added: “Now crypto itself desperately needs policy. It needs regulation.” Kevin O’Leary Buys the Dip, Comments on Bitcoin Price Kevin...
Biggest Movers: AVAX Nears 2-Month High, FIL up 15% Despite Weekend Volatility
6.8.2022
Avalanche was trading close to a two-month high on Saturday, despite markets mostly consolidating. Another exception was filecoin, which surged to start the weekend, climbing by over 10% in today’s session. As of writing, crypto markets are trading 1.03% higher. Avalanche (AVAX) Avalanche...
What is a decentralized money market and how does it work?
6.8.2022
Decentralized money markets function without a custodian, allowing only the original user to withdraw funds deposited by lenders and borrowers