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KOLO.Market Partners With Polygon Studios And OxPolygon
23.6.2022
KOLO.Market has announced plans to collaborate with Polygon Studios and OxPolygon to develop a healthier ecosystem by leveraging the low gas fees and faster transaction speed of Polygon. The announcement was made by publishing a tweet from the official Twitter handle. Polygon is a Layer 2 scaling...
New Solar-Powered Bitcoin Miner Launches Operations Despite Difficult Market
23.6.2022
Aspen Creek Digital will also host miners from Galaxy Digital at its new data center in western Colorado
With New Hires, Gaming Titles, & Upcoming Features, Nakamoto Games Steams Ahead Despite Market Downturn
23.6.2022
Nakamoto Games, the premier play-to-earn gaming platform, recently shared several important development updates regarding new features, functions, games, and dev team hires. These announcements were made across the company’s official channels. Together, these updates, upgrades, and enhancements...
Crypto Exchange Bitget Plans to Double Workforce as Peers Cut Back in Bear Market
23.6.2022
Unlike exchanges like Coinbase and Gemini, the derivatives platform plans to increase its staff
Nexo hires Citibank to advise on acquisitions during market turmoil
23.6.2022
“We’re in this together” — Crypto lending platform Nexo has appointed Citibank to advise on acquisitions from struggling crypto firms
LBank Exchange Continues to Hire Amid the Massive Crypto Job Cuts
23.6.2022
PRESS RELEASE. Cryptocurrency exchange LBank has continued to hire more crypto and blockchain talents as well as interns for its global offices. Against the backdrop of extreme volatility in the crypto market and investors dumping risky assets, as well as certain crypto firms laying off employees...
Bitcoin and Ethereum Fluctuate Near Key Levels, MATIC Rallies
23.6.2022
Bitcoin price started a downside correction below the USD 20,500 support. BTC even spiked below the USD 20,000 level, but the downsides were limited. It is currently (04:10 UTC) trading near USD 20,200 and is down almost 1% in a day and 10% in a week.
Similarly, most major altcoins...
BIS Says Crypto Weaknesses Have Materialized Following Market Sell-Off
23.6.2022
The Bank of International Settlements (BIS), the global body for central banks, claims the weaknesses in crypto that were pointed out before “have pretty much materialized.” BIS General Manager Agustin Carstens opined: “You just cannot defy gravity … At some point,...
First Mover Asia: DeFi’s Resilience During the Market Slowdown; Bitcoin Slumps Near $20K
23.6.2022
DeFi is resilient in the current crypto crash; bitcoin and other cryptos sink in Wednesday trading
Market Wrap: Crypto Bounce Loses Steam Amid Retail Sell-Off
22.6.2022
The price of bitcoin and other major cryptocurrencies fell amid testimony by U.S. central bank Chair Jerome Powell, who said a recession might not be avoidable
Nexo Eyes Potential M&A Targets as Crypto Market in ‘State of Fear’
22.6.2022
As the crypto market has entered “a state of fear,” and “nobody can say” whether the bottom is already behind us, major crypto lender Nexo (NEXO) is eyeing possibilities to acquire troubled companies, according to its co-founders....
Read More: Nexo Eyes Potential M&A Targets as Crypto Market...
Tether Launches Stablecoin Pegged to the British Pound Sterling
22.6.2022
Tether, the company behind the largest stablecoin by market capitalization, has announced another fiat-pegged stablecoin called GBPT on Wednesday, tied to the value of the British pound sterling. The news follows Tether’s most recent launch of a Mexican peso-pegged crypto asset called MXNT....
Bitcoin․com Exchange Market Insights Report for June 2022
22.6.2022
This is the June 2022 monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more. Crypto Market Performance Crypto markets continued on a downtrend as BTC and...
Biggest Movers: UNI Moves Into Top 20, as SHIB Hits Highest Point Since May
22.6.2022
Uniswap moved into the crypto top 20 on Wednesday, relegating MATIC, after surging by over 10% today. UNI has now gained for four straight sessions, as it approaches a key resistance point. SHIB was once again higher today, with prices hitting their highest point since May. Uniswap (UNI) UNI...
Bitcoin, Ethereum Technical Analysis: ETH Down, as Two-Day Winning Streak Ends on Hump Day
22.6.2022
Bitcoin hit a hurdle on hump day, as the world’s largest crypto token moved lower, following strong gains to start the week. ETH also slipped during today’s session, with prices moving back towards the $1,000 mark. Bitcoin Following two straight days of gains, BTC was lower on hump...
Bitcoin and Ethereum Struggle to Recover Further, Altcoins Dip
22.6.2022
Bitcoin price failed to stay above the USD 21,200 resistance zone and corrected below the USD 20,500 level. It is currently (12:48 PM UTC) trading near USD 20,200 and is down 4% in a day and almost 8% in a week.
Similarly, most major altcoins are also moving lower. ETH declined below USD 1,120...
A Highlight of the Crypto Bear Market Cycles: Will NFTs & Metaverse Be the Winners of the Next Bull Run?
22.6.2022
Is the crypto market currently in a bear market? This question has caused a divided opinion within the community; some stakeholders are convinced that we are at the beginning of crypto winter, while others believe it is a mere correction due to macroeconomic factors. That said, anyone who has been...
Bitcoin & Crypto Move Lower Again as Analysts Search for Answers, Point to Risks to Economy
22.6.2022
The crypto market reversed lower again on Wednesday, after some optimism earlier in the week that the bottom could be behind us. According to analysts, the outlook for crypto is now highly uncertain, with some warning that prices could fall based on historical precedence, and others pointing...
Xchange Monster (MXCH) Attempting to Rock the Crypto Market & Attract a Wave of New Investors!
22.6.2022
The Rise of GameFi The GameFi market has grown significantly on the back of the increasing number of gamers worldwide. Due to the high growth rate, the adoption of cryptocurrency has changed the overall perspective on the gaming sector. In 2020, research shows that the revenue of the GameFi market...
SEC’s Peirce Says Crypto’s Lack of ‘Bailout Mechanism’ Is a Strength; FTX CEO as a 'White Knight'
22.6.2022
One of the most crypto-friendly members of the American regulatory Securities and Exchange Commission (SEC) has claimed that the bear market could boost sustainability in the industry – stating that she wouldn’t bail out ailing crypto companies even if she could....
Read More: SEC’s Peirce Says...