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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...
NFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume
2.7.2022
Non-fungible token (NFT) sales have managed to stay consistent this week while the crypto economy saw more losses over the last seven days. The week prior, $152.9 million in NFT sales were recorded across 18 blockchains and during the past week, $154.3 million in sales were executed. While Ethereum...
Biggest Movers: ATOM up for Fourth Straight Session, While XTZ Rebounds on Saturday Low
2.7.2022
Cosmos rose for a fourth consecutive session to start the weekend, as prices edged closer to a resistance point. While cosmos (ATOM) extended gains, tezos (XTZ) rebounded following a streak of recent losing sessions, with bulls seemingly buying this weeks’ dip. Cosmos (ATOM) Cosmos (ATOM)...
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $18,800 Support Level on Saturday
2.7.2022
Bitcoin moved closer to its long-term support level of $18,800 to start the weekend, as prices of cryptocurrencies were once again lower. While bitcoin has now fallen for seven straight sessions, ethereum also saw similar declines, and as of writing is down 2.40% from yesterday’s high....
Bitcoin will see ‘long bear market’ says trader with BTC price stuck at $19K
2.7.2022
No sign of a significant shift up or down for BTC price, but volume data hints that the bottom could come in weeks or less
NFT hype evidently dead as daily sales in June 2022 dip to one-year lows
2.7.2022
The NFT boom was supported by a healthy and bullish crypto ecosystem and positive investor sentiment. However, Bitcoin’s bear market had an adverse impact on the crypto ecosystem
Market Wrap: Bitcoin Suffers Its Worst Month Since 2011
1.7.2022
BTC slips below $19K in fifth straight daily price decline. Stocks headed for their worst first half since the 1970s as a consumer-spending slowdown stokes fresh recession concerns
TSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and Withdrawals
1.7.2022
After the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the company secured a $500 million credit line from Alameda Ventures in order to “safeguard customer assets.” Five days later on July 1, Voyager announced the crypto company...
Vladimir Putin Says West’s Attempt to ‘Crush the Russian Economy’ Did Not Succeed
1.7.2022
Last week the Russian ruble hit a seven-year high against the U.S. dollar and while analysts have downplayed the rise, one economist said people should not “ignore the exchange rate.” American economists have been perplexed about the ruble’s market performance and Russian...
June gloom takes on a new meaning in another 2022 down month
1.7.2022
The addresses mainly run by active human traders have notched more than 147,000 addresses for the first time since November
Bear market? “So what,” says World Chess Champion Garry Kasparov
1.7.2022
Cointelegraph sat down with Chess Grandmaster Garry Kasparov at Consensus 2022 to get his thoughts on the crypto and NFT market