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The $863B Crypto Market May Be Close to Bottom, Technical Indicator Suggests
14.7.2022
The Mayer Multiple helps investors identify oversold and overbought conditions by comparing the market value to the 200-day SMA
Bitcoin and Ethereum Struggle Near Key Hurdles, XRP Failed the Latest Climb Attempt
14.7.2022
Bitcoin price had started a recovery wave above the USD 20,000 resistance zone, before dropping below it. BTC even attempted a break above the USD 20,500 resistance but failed. It is currently (11:27 UTC) moving lower and might revisit USD 19,500.
Similarly, most major altcoins struggled to clear...
Bitcoin Back Above USD 20K, Ethereum Recovers, MATIC Surges
14.7.2022
After bitcoin price extended losses and traded below the USD 19,200 level yesterday, BTC remained supported near the USD 19,000 zone and managed to get back above USD 20,000. It is currently (04:17 UTC) trading near USD 20,200 and is up almost 4% in a day and still down less than 2% in a week....
State-Owned Swiss Bank Postfinance to Offer Clients Direct Access to Crypto Market
14.7.2022
Swiss post office’s banking unit, the state-owned Postfinance, is reportedly preparing to enter the crypto market. “Our clients want direct access to this market through their house bank.” Swiss Post Office’s Banking Arm to Enter Crypto Market The banking and financial...
EU Regulator Warns About Crypto — Questions Whether Many Will Survive
14.7.2022
European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question” about whether many crypto assets will survive. ESMA Chair on Crypto Risks...
Finder’s Bitcoin Prediction Report Expects BTC to Bottom at $13,676 and End the Year at $25,473
14.7.2022
According to the latest crypto prediction report published by the product comparison platform finder.com, 77% of 53 fintech specialists polled in the report say cryptocurrency markets are officially in a “crypto winter.” The poll further explains that only 29% of the report’s...
PC casual games - exploring a vestigial market?
14.7.2022
The summer holiday newsletters kick off with an intriguing one
Market Wrap: Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish Fed
13.7.2022
BTC fell 4.5% minutes after the U.S. consumer price index showed June inflation rising to 9.1% but has since recovered
3 reasons why Bitcoin is struggling to flip $20K to support
13.7.2022
BTC continues to sell-off, but analysts say investor sentiment could reverse when inflation peaks or traders feel that the situation with insolvent DeFi platforms is resolved
Biggest Movers: QNT Close to 2-Month High Despite Recent Declines, NEAR Moves Toward 1-Year Low
13.7.2022
QNT was trading close to recent highs on Wednesday, as prices were battling through a turbulent session. The token was mainly in the green on hump day, falling by as much 7% on the day. NEAR also declined, with prices heading toward a one-year low. Quant (QNT) QNT remained close to a two-month high...
Bitcoin, Ethereum Technical Analysis: ETH Remains Below $1,100 Despite Prices Rebounding on Wednesday
13.7.2022
Despite prices rallying in today’s session, bitcoin continued to trade below $20,000 on Wednesday following recent declines. Although ETH was also marginally higher, its price was once again trading under $1,100. Overall, crypto markets were nearly 1% higher as of writing. Bitcoin Bitcoin...
Bitcoin and Ethereum Consolidate Near Breakdown Support, AAVE Accelerates
13.7.2022
Bitcoin price remained below the USD 20,000 pivot level and even spiked below the USD 19,500 support zone, but the downsides were limited. It is currently (11:45 UTC) consolidating near USD 19,800 and is unchanged in a day and down 2% in a week....
Read More: Bitcoin and Ethereum Consolidate Near...
Mila Kunis-Linked Web3 Studio Toonstar Partners With Hot Topic to Market Entertainment NFTs
13.7.2022
Toonstar is partnering with Hot Topic to target the intersection of entertainment and NFTs, through retail
What’s in Your Bear Market Backpack?
13.7.2022
From existential dread to blissful ignorance – reactions to Ethereum’s market slump vary across the board
Bitcoin and Ethereum Continue to Weaken, SRM and QNT Rally
13.7.2022
Bitcoin price followed a bearish path below the USD 20,500 level and even declined below the USD 19,500 support zone before moving higher again. It is currently (04:00 UTC) consolidating near USD 19,500 and is down 2% in a day and 3% in a week.
Similarly, most major altcoins are showing bearish...
Market Wrap: Bitcoin Slumps Below $20K as Long-Term Holders Face Massive Selling Pressure
12.7.2022
Long-term holders are experiencing high selling pressure from actual and unrealized losses, Glassnode report shows
Blockchain-based games see an uptick in users despite bear market conditions
12.7.2022
Data shows blockchain-based gaming protocols registered a steady uptick in daily active users and transactions despite the current bear market conditions
3 key metrics suggest Bitcoin and the wider crypto market have further to fall
12.7.2022
Traders are not as fearful as they were in June, but several metrics show the market is still standing on paper-thin support levels
BoE official compares current crypto market regulation to 'unsafe aeroplanes'
12.7.2022
According to Jon Cunliffe, regulators needed to accelerate efforts to find a place for crypto in current frameworks based on the principle of "same risk, same regulatory outcome."
Biggest Movers: SOL Snaps Recent Losing Streak, as MATIC Moves Towards Resistance
12.7.2022
SOL was slightly higher on Tuesday, as prices rebounded following recent declines. The token bounced on its long-term support point earlier today, as bulls entered the market. MATIC also moved higher, colliding with its own price ceiling. Solana (SOL) SOL was trading marginally higher...