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Market Wrap: Ether, Other Cryptos Rise Despite Unsettling Inflationary Concerns
3.11.2022
Bitcoin was trading sideways but other major cryptos were solidly in the green despite a jumbo interest rate hike by the Bank of England and a dip in jobless claims. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Report: South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA’s Market Price
3.11.2022
On Thursday, Nov. 3, 2022, local reports from South Korea disclosed that Korean prosecutors have allegedly discovered evidence that shows Do Kwon and an associate manipulated the price of LUNA, Terra’s native crypto token. The report further says South Korean prosecutors believe Kwon is hiding...
The crypto market bottom is ‘almost in’ — Market Talks chats with trader Korean Jew Crypto
3.11.2022
Market Talks discussed the Bitcoin bottom, DOGE’s price action and signs to follow in order to know when it’s time to ape into crypto
Biggest Movers: MATIC Hits Highest Point Since August, as FLOW Jumps 14% on Thursday
3.11.2022
Polygon rose to its highest level since August, as the token climbed by as much as 10% on Thursday. Today’s rise comes despite cryptocurrency markets mainly residing in the red, with the global market cap down 0.41% as of writing. Flow was another notable expectation to today’s declines, climbing...
Bitcoin Bear Market Has a Silver Lining, CryptoCompare's Q3 Review Shows
3.11.2022
Consistent accumulation by both large and small bitcoin addresses and dwindling volatility makes the ongoing bear market much better than previous ones
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower on Thursday, After Hawkish Fed Rate Hike
3.11.2022
Bitcoin fell towards the $20,000 mark on Thursday, after the U.S. Federal Reserve once again moved to increase interest rates. The Fed hiked rates by 75 basis points (bps), as it chose to maintain its current hawkish policy. Ethereum, which initially surged on the news, was also lower...
Diversify your portfolio in the ongoing bear market with these three altcoins – Avalanche, Cosmos, and Dogeliens Token
3.11.2022
The most important thing in any bear market is ensuring that your business doesn’t go under. To achieve this, you would need to put the necessary things in place to ensure the safety and continuity of yourself and your business. The extremely volatile nature of the bear market makes it such that...
Bitcoin seller exhaustion hits 4-year low in 'typical' bear market move
3.11.2022
Low volatility and high on-chain losses for Bitcoin, but overall UTXOs in loss still have a way to go to match previous market bottoms
Dapper Labs Cuts 22% of Staff as NFT Market Craters
3.11.2022
Sales volume for Dapper Labs' NBA Top Shot has declined to $2.6 million from $224 million in February 2021
Stablecoin Blues: $3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10%
3.11.2022
Over three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite the number of tethers in circulation rising by 2.2% last month. On Oct. 1, 2022, tether’s market capitalization was approximately $67.95 billion, and it’s risen...
Market Wrap: Bitcoin Little Affected by Fed Interest Rate Hike
2.11.2022
The largest cryptocurrency by market capitalization ticked down, but only slightly, following a fourth consecutive 75 bps increase. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
CoinDesk Market Index Adds Convex, Serum, 12 Other Digital Assets
2.11.2022
The digital-asset index deleted Polymath and Tribe as constituents, in a series of changes that take effect Nov. 2 at 4 p.m. ET
CZ explains why it's so important to be building during the bear market
2.11.2022
The crypto executive cites lower labor costs and business acquisition costs as key factors
Biggest Movers: LTC Hits 6-Week High, as LEO Rises for the Ninth Straight Day
2.11.2022
Litecoin rose to its highest level in over six weeks on Wednesday, as the token moved past a key price ceiling. Today’s move comes despite cryptocurrency markets mostly trading lower, ahead of the Federal Open Market Committee (FOMC) meeting. Unus sed leo (LEO) was also higher, climbing...
Bitcoin, Ethereum Technical Analysis: ETH Drops to 5-Day Low, as Fed Likely to Delay Policy Pivot
2.11.2022
Ethereum dropped to its lowest level since last Friday during today’s session, as consolidation in crypto markets continued on Wednesday. This comes ahead of this afternoon’s U.S. Federal Reserve interest rate decision. Bitcoin was also in the red, and remains below $20,800. Bitcoin...
Top Three Cryptocurrencies To Consider Amid The Ongoing Bear Market – XRP, Cardano, and Dogeliens Token
2.11.2022
The ongoing bear market within the cryptocurrency is unexpectedly putting a strain on the affairs of crypto regulars, such as traders and investors. Bear markets are lengthy spells of extreme market volatility and negative prices, so the current situation within the industry is not at...
Billionaire Mike Novogratz May Cut 20% of Workforce at Galaxy Digital – Signs of Bear Market?
2.11.2022
Michael Novogratz, the founder of the US-based crypto financial services firm Galaxy Digital Holdings, could let go of up to 20% of the workforce amid the market downturn. Crypto exchange BitMEX has also reduced its staff.
According to a report by Bloomberg, there is no official plan for...
Chainlink builds a low-latency Oracle solution for the DeFi market
2.11.2022
Oracle’s present low-latency solution provider for spin-offs in the Defi market comes with a sea of opportunities. However, this will be instrumental in exponentially increasing the overall value quotient of Web3. Considering that the conventional financial markets all over the globe bring more...
Singapore Carries Out First Trades in DeFi Pilot for Wholesale Funding Market
2.11.2022
The banks involved in the pilot were DBS, JPMorgan, and SBI Digital Asset
Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners
2.11.2022
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October update, Argo said it did not believe the deal “will be consummated”...