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Bitcoin Tests USD 22K, Ethereum Inches Higher, Altcoins Rally
18.7.2022
Bitcoin price was able to start a more robust increase above the USD 21,200 level and cleared the key USD 22,000 resistance zone. BTC is currently (11:52 UTC) trimming gains near USD 22,100 and is up more than 3% in a day and 6% in a week.
Similarly, most major altcoins are moving higher....
Crypto recaptures $1 trillion market cap: BTC hits $22K, ETH 'giga mooning'
18.7.2022
The total market capitalization for all of the cryptocurrencies has surged past $1 trillion in a day of big green candles
Crypto winter has 250 days left if the market cycle repeats: Grayscale
18.7.2022
The crypto industry has endured some infamous bear markets, and the 2022 downturn will be remembered for its acid test of decentralized finance platforms and over-leveraged trading
XANA Targets Tourism Market Through Government and Corporate Deals
18.7.2022
XANA has announced its entry into tourism through Government and Corporate deals. Additionally, XANA is in talks with big tourism brands based in Japan to better its network in the industry. XANA shared the news by releasing a thread of four tweets. XANA’s entry into the tourism space will...
As Markets Suffer, Gnox, Kusama, & Enjin Coin Could Be the Rare Crypto Gems to Counter the Bear Market
18.7.2022
Crypto investors suffer in this bear market as the global macroeconomic environment shifts to risk-off; speculative assets are sold as quickly as possible, and investors buy gold and bonds. Asset prices across the board have suffered, but crypto losses have been more significant than in other...
Ethereum Tests USD 1.4K as Bitcoin Fluctuates Around USD 21K, MATIC and ETC Rally
18.7.2022
Bitcoin price settled above the USD 20,500 pivot level and managed to climb above the USD 21,000 level. It is currently (04:09 UTC) trading near USD 21,300 and is almost unchanged in a day and up 2% in a week.
Similarly, most major altcoins are showing positive signs. ETH gained pace and even...
Bitcoin hodling activity resembles previous market bottoms: Glassnode
18.7.2022
Bitcoin’s price had just topped $21,000 at the time of writing — meaning around 45% of BTC holders have an “on-paper loss,” according to Glassnode
First Mover Asia: Bitcoin Dips Below $21K; Why the Current Bear Market Differs From 2018
18.7.2022
The largest cryptocurrency had hovered well above the psychologically important threshold for the previous four days
Billionaire Thomas Peterffy Plans to Buy Bitcoin Despite Concerns BTC Could ‘Become Worthless or Outlawed’
17.7.2022
Billionaire Thomas Peterffy, founder of Interactive Brokers, says he plans to buy more bitcoin if the price of the cryptocurrency hits $12K. However, he remains concerned that bitcoin could “become worthless or outlawed.” Thomas Peterffy on the U.S. Economy and Bitcoin Billionaire...
Biggest Movers: XMR Surges to 1-Month High, as ALGO Also Climbs on Saturday
16.7.2022
XMR was a notable mover in crypto markets to start the weekend, as prices rose to their highest level in over four weeks. Despite a large section of the market consolidating on Saturday, ALGO was also higher, as it too hit a multi-week high during the weekend. Monero (XMR) Monero was a notable...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Saturday, Following Yesterday’s Gains
16.7.2022
BTC was marginally lower to start the weekend, as crypto prices consolidated following recent gains. After surges in price on Friday, both ETH and bitcoin were slightly lower, as bulls appeared to have liquidated positions in order to secure profits. Bitcoin Bitcoin was trading lower to start...
MiCA and ToFR: The EU moves to regulate the crypto-asset market
16.7.2022
The EU crypto regulation: With the main topics approved, who is affected and what are the possible impacts on the crypto industry?
Wolf of Wall Street Says Bitcoin Investors Will ‘Almost Certainly Profit,’ But What’s His Bitcoin Track Record Like?
16.7.2022
Jordan Belfort, the former stockbroker better known as 'The Wolf of Wall Street,' argued that investors who buy bitcoin (BTC) now will “almost certainly” profit. However, this is not the first time Belfort commented about bitcoin and its future - admitting that he has changed his mind about...
Market Wrap: Bitcoin Erases Weekly Losses, but Risks Remain
15.7.2022
BTC climbed for the third consecutive day, breaking above $21,000, despite lingering doubts
Finance Redefined: DeFi market fell off the cliff in Q2, but there’s hope
15.7.2022
Analytical data reveals that DeFi’s total value locked registered a minor dip from the past week, falling to a value of $56.45 billion
2018 Ethereum price fractal suggests a $400 bottom, but analysts say the merge is a ‘wildcard’
15.7.2022
A key ETH price indicator suggests the altcoin’s downtrend could extend to $400, but analysts are unsure whether the upcoming Ethereum Merge will be a bullish or bearish event
Ukrainian Charity Uses Crypto Actively, Says Donations Have Risen During Bear Market
15.7.2022
The Serhiy Prytula Charity Foundation, an organization raising money for Ukraine’s war effort against Russia, has used crypto actively in its fundraising and is seeing donations rise in crypto terms even as the market has fallen from its highs....
Read More: Ukrainian Charity Uses Crypto Actively...
Ukrainian Charity Uses Crypto Actively, Says Donations Have Risen During Bear Market
15.7.2022
The Serhiy Prytula Charity Foundation, an organization raising money for Ukraine’s war effort against Russia, has used crypto actively in its fundraising and is seeing donations rise in crypto terms even as the market has fallen from its highs....
Read More: Ukrainian Charity Uses Crypto Actively...
Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’
15.7.2022
The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “crypto winter and broad macroeconomic instability.” Opensea’s decision follows...
Bitcoin ETFs and Open Interest From BTC Futures, Options Follow Crypto Economy’s Spot Market Decline
15.7.2022
Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $26.73 billion and over the last eight months, bitcoin futures open interest has dropped 60% down to $10.69 billion. Further, the bitcoin exchange-traded funds BITO...