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With the bear market in full throttle, crypto derivatives retain their popularity
5.7.2022
"Derivatives provide opportunities to protect their portfolios during times of heightened market volatility," says Emerson Li, brand lead at BingX
Crypto market volatility shows need for 'enhanced regulatory and law enforcement frameworks' — BoE
5.7.2022
The central bank said the growth of the crypto market did not pose an “immediate threat” to the United Kingdom’s financial system, but had the potential to do so in the future
Biggest Movers: ATOM Approaches 1-Month High, While MATIC Hits 1-Week High
5.7.2022
ATOM was fast approaching a one-month high during Tuesday’s session, as bullish momentum continued to rise following recent gains. This move comes as MATIC also climbed higher, hitting its highest level since June 29 in the process. Cosmos (ATOM) ATOM was trading higher on Tuesday, as prices...
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,100 as BTC Briefly Hits $20K on Tuesday
5.7.2022
BTC briefly rose back above $20,000 on Tuesday, as U.S. markets reopened following yesterday’s Independence Day holiday. Prices of ETH also surged, climbing over its $1,100 resistance level. Overall, the crypto market cap is trading 0.63% higher. Bitcoin On Tuesday, bitcoin rallied back...
Bitcoin, Ethereum, and Altcoins Correct Gains
5.7.2022
Bitcoin price struggled to clear the USD 20,500 resistance zone and moved below USD 20,000 again. It is currently (11:50 UTC) trading near USD 19,700 and is almost unchanged in a day and down 5% in a week.
Similarly, most major altcoins are also correcting gains. ETH tested USD 1,175 but...
Crypto.com CEO Rushes to Calm the Market as Rumors Flourish
5.7.2022
The CEO of the crypto trading and payments platform Crypto.com (CRO), Kris Marszalek, took to Twitter today to calm down his platform's users....
Read More: Crypto.com CEO Rushes to Calm the Market as Rumors Flourish
An Ethereum Name Service Domain Sells For USD 345,000 Amid Market Crash
5.7.2022
Amid lingering sour market conditions, Ethereum Name Service (ENS) domain 000.eth has sold for ETH 300 (345,260).
The sale is the second-largest ENS domain sale both in terms of ETH and USD value.
The domain was sold by the OpenSea marketplace user EtheOS to another user named B34D84 on July...
Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode
5.7.2022
Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets continues to reach new highs
Bitcoin Returns Above USD 20K, Ethereum Rallies, CEL Keeps Outperforming
5.7.2022
Bitcoin price remained well bid above the USD 18,800 support zone and started a fresh recovery wave above the USD 20,000 resistance zone. It is currently (04:09 UTC) trading near USD 20,300 and is up 6% in a day and down 2% in a week.
Similarly, most major altcoins gained pace and recovered some...
Cautious Bullishness in Bitcoin & Crypto Amid Warnings of Further Downsides
4.7.2022
The crypto market saw modestly higher prices on Monday, despite warnings from analysts and institutional investors that the market could fall further as contagion from recent insolvencies continues to spread.
As of Monday at 16:17 UTC, bitcoin (BTC) traded at USD 19,819, up 4% for the past...
Biggest Movers: RUNE Rallies to Start the Week, as SAND Extends Recent Gains
4.7.2022
RUNE rose by over 10% to start the week, surging as global crypto markets pushed to enter the green on July 4. After a slow start to the day, the crypto market cap is up 3.15% as of writing, with SAND another notable mover, as it extended recent gains, rising by nearly 13% in the […]
Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors
4.7.2022
On July 4, the crypto lending company Vauld announced it suspended withdrawals, trading, and deposits after disclosing the firm is “facing challenges.” While not naming any specific companies, the Singapore-based cryptocurrency lending platform and exchange mentioned “financial...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hover at Key Support Levels to Start Week
4.7.2022
Bitcoin continues to hover below $20,000 to start the week, as U.S. markets were mainly closed due to the Independence Day celebrations. This past weekend’s volatility carried forward into Monday’s session, with ETH remaining close to a breakout below $1,000. Bitcoin Bitcoin started...
Bitcoin and Ethereum Stuck in Key Range, CEL Outperforms
4.7.2022
Bitcoin price remained well bid above the USD 19,000 support zone and is currently (11:46 UTC) moving higher, but there are many hurdles near USD 20,000. A clear move above USD 20,000 could set the pace for a recovery wave. For now, BTC trades near USD 19,600 and is up almost 3% in a day and still...
Fresh Blow for Celsius with 150 Staff Reportedly Fired, But CEL Up 19%
4.7.2022
Another crypto lender has apparently hit the rocks, with reports claiming that the already troubled Celsius Network (CEL) has axed 150 employees.
Per the Israeli media outlet Calcalist, Celsius has previously “hired restructuring consultants and lawyers to make organizational changes to...
Coinbase Says Miners’ Sales of Newly Minted Bitcoins Don’t Add Significant Market Pressure
4.7.2022
In times of market upheaval and falling bitcoin prices, margins compress across the board, and force more miners to become net sellers, the crypto exchange said
Former Google CEO Eric Schmidt Is Skeptical About the Metaverse Concept
4.7.2022
Eric Schmidt, who was CEO of Google, has declared that there is confusion about the concept of the metaverse and what it means for people. Schmidt stated that, even with a company like the former Facebook pivoting its operations to occupy the metaverse market, there is still not a clear definition...
Bitcoin and Ethereum Struggle to Recover, AR and RUNE Accelerate
4.7.2022
Bitcoin price settled below the USD 20,000 support zone. BTC is currently (04:05 UTC) consolidating near USD 19,100 and is down 1% in a day and 9% in a week.
Similarly, most major altcoins are trading below key support levels. ETH is well below USD 1,100 while XRP is struggling below USD 0.325....
The crypto industry needs a crypto capital market structure
3.7.2022
The DeFi industry needs a sound market structure and systemic independence from current transactional systems
Report: Embattled Crypto Hedge Fund Three Arrows Capital Files for Chapter 15 Bankruptcy
2.7.2022
The troubled crypto hedge fund Three Arrows Capital Ltd., otherwise known as 3AC, has filed for bankruptcy according to recent court filings. The court papers show 3AC is aiming for an ancillary Chapter 15 proceeding so liquidators and creditors cannot seize the firm’s U.S. assets. 3AC Files...