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Gnox (GNOX), Cronos (CRO), And Dogecoin (DOGE) Are The Trio Which Will Defeat The Bear Market And Reward The Holders With Massive Profits
19.6.2022
How far will cryptocurrencies collapse? Is it a bottom line, or should we expect a further drop ahead? These are questions on every investor’s mind right now. However, battered investors still have hope to fall back on. Altcoins like Gnox (GNOX), Cronos (CRO), and Dogecoin (DOGE) appear to...
BIS to launch market intelligence platform amid stablecoin, DeFi collapse
19.6.2022
BIS’s cryptocurrency market intelligence platform will be launched under the Eurosystem Centre initiative to provide vetted data about crypto projects
Defi Protocol Abracadabra’s Stablecoin MIM Briefly Slides to $0.91 During the Crypto Market Rout
19.6.2022
Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic internet money (MIM) briefly dropped to a low of $0.914 per unit. The Abracadabra-issued stablecoin dropping in value follows the recent terrausd (UST)...
Crypto Market Tumbles As Bitcoin Breaks Previous Cycle's Highs
18.6.2022
Bitcoin’s price fell well below $19,783, the previous all-time high it notched in December 2017
Biggest Movers: BCH Higher to Start the Weekend, MATIC Hits 15-Month Low
18.6.2022
On a day where bitcoin broke out of its $20,000 support point, BCH bounced on its own floor, climbing higher on Saturday. BCH was up by nearly 7% to start the weekend, whilst MATIC fell to its lowest point since last April. Bitcoin Cash (BCH) Despite yet another red wave in crypto markets...
Bitcoin, Ethereum Technical Analysis: BTC Below $20,000, ETH Slips Under $1,000
18.6.2022
Bitcoin fell below $20,000 on Saturday, as the sell-off in cryptocurrency markets continued to start the weekend. ETH was also trading below a key level, as prices fell below $1,000 for the first time in over 18 months. Bitcoin Bitcoin fell below $20,000 on Saturday, as bearish momentum extended...
Bitcoin Dives Below USD 20,000
18.6.2022
Bitcoin (BTC), the most popular cryptocurrency and cryptoasset, dropped below USD 20,000 for the first time since December 2020, while the second-largest cryptoasset, ethereum (ETH), is on the verge of breaking the USD 1,000 level for the first time since January 2021.
At 08:12 UTC, BTC trades...
Virtual Currency-Based Sale Agreement an Invalid Contract, Chinese Court Rules
18.6.2022
A virtual currency cannot be circulated in the market as a currency, therefore a vehicle sale contract wherein parties agreed that the buyer would pay with a privately issued digital currency is invalid, a Chinese court has ruled. The court asserts that a virtual currency does not have the same...
Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year
18.6.2022
Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time...
5 indicators traders can use to know when a crypto bear market is ending
17.6.2022
Calling a market bottom is impossible, but traders can use these five indicators to get an early signal of when a bear market is close to ending
Market Wrap: Bitcoin Heads for Worst Week in Year
17.6.2022
The latest crypto news and headlines for Friday, June 17
Bitcoin Better at Tackling Rate Hikes than Ethereum, Stocks - Report
17.6.2022
Bitcoin (BTC) is the best asset to “moderate the economic impact” of major interest rate announcements, according to a new report from Babel Finance, a crypto-financial services provider.
The report, written by Babel Finance analysts Robbie Liu and Yuanming Qiu, arrived at its conclusions...
Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support
17.6.2022
BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of completely exiting the crypto market
Federal Reserve Board: Recent Market Turmoil Shows ‘Structural Fragilities’ of Crypto
17.6.2022
The Board of Governors of the Federal Reserve have noted the risks of stablecoins by referring to the recent dramatic market crash in the monetary policy report submitted to the Senate and the House
Not Enough Liquidity for Celsius to Sell Staked Ethereum in Open Market - Analyst
17.6.2022
There is not enough liquidity in centralized and decentralized exchanges combined for the troubled crypto lender Celsius to sell their Lido staked ethereum (stETH) tokens on the open market, leaving over-the-counter (OTC) transactions as the only option, according to digital assets data provider...
The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%
17.6.2022
During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66 days ago on April 11, 2022, tether’s market valuation was over $82 billion with 82,694,361,442 tethers in circulation. Since then, more than...
Biggest Movers: HNT Nears 1-Week High, as XMR Rebounds on Friday
17.6.2022
HNT was moving towards a one-week high on Friday, as it rebounded following losses in yesterday’s session. Prices have now risen for two of the last three days, and this comes as XMR climbed for the first time in nearly two weeks. Helium (HNT) HNT was trading higher today, as bulls...
FTX plans to acquire crypto exchange Bitvo as part of move into Canadian market
17.6.2022
The company added that the deal was “subject to regulatory approval and customary closing conditions,” but expected to close in the third quarter of 2022
Tether's USDT market cap dips below $70B for an 8-month low
17.6.2022
Amid Tether losing market share over the past few weeks, the Circle-backed USDC stablecoin has been notably growing, with the market value surging to $55 billion
Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower as Bearish Momentum Returns on Friday
17.6.2022
Following a slight surge in price, bitcoin was trading lower on Friday, as bearish momentum returned to crypto markets. BTC was once again nearing the $20,000 level in today’s session, while ETH fell below $1,100 earlier in the day. Bitcoin BTC moved lower in Friday’s session,...