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NFT flipping not so profitable for more than half of buyers: Survey
13.6.2022
Though a majority are down on their NFT purchases, there are signs which point to a healthy and robust market in the long term
Bitcoin Tests USD 25K, Ethereum Dives to USD 1.3K, CEL Crashes on Paused Withdrawals News
13.6.2022
Bitcoin price struggled to start a fresh increase above the USD 30,000 resistance and dived to the USD 25,000 level before somewhat recovering. It is currently (03:57 UTC) trading above USD 25,500 and is down almost 8% in a day and 15% in a week.
Similarly, most major altcoins started a major...
Billionaire Stan Druckenmiller Prefers Bitcoin Over Gold in ‘Inflationary Bull Market’
13.6.2022
Renowned billionaire hedge fund manager Stanley Druckenmiller says that in an inflationary bull market, he wants to own bitcoin more than gold “for sure.” However, he explained that in a bear market, he would prefer to have gold. Stanley Druckenmiller on Crypto, Bitcoin,...
Crypto Lending Service Celsius Pauses Withdrawals, Citing 'Extreme Market Conditions.'
13.6.2022
The company will also pause its swap and transfer products, according to a blog post. It did not provide a timeline for resuming withdrawals
EU Nears Agreement on Crypto Regulations, Report Reveals
12.6.2022
Authorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and related activities in Europe. According a media report, an agreement on the key legislation is likely to be reached as early as this month. Deal on EU Crypto...
Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation
12.6.2022
Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. However, after the Terra stablecoin fallout, the fiat-pegged token economy lost $16.31 billion in value since then. While that value was erased from...
Meme Token King Dogecoin Lost 91% in Value Since Last Year’s High, DOGE Mining Revenue Plummets
12.6.2022
After a prominent rise last year, 2022 has not been too kind to the top meme coin asset dogecoin. Currently, the father of the meme coin economy, dogecoin, has lost 91% in value since the crypto asset’s all-time high. Despite the drop, dogecoin is still a top ten contender among the largest...
Bitcoin price drops to lowest since May as Ethereum market trades at 18.4% loss
12.6.2022
Bitcoin threatens its lowest weekly close since late 2020 as low weekend liquidity exacerbates existing weakness
The total crypto market cap drops under $1.2T, but data show traders are less inclined to sell
11.6.2022
An improving Tether discount in Asian markets and positive futures premiums for BTC and ETH suggest a slight recovery is in the making
Just Above $1 Trillion — Crypto Economy’s Value Slips Lower Than the Lows Recorded Last July
11.6.2022
The $1.19 trillion crypto economy is now lower in value than the lows recorded in July 2021. During the last week, digital currencies like bitcoin, ethereum, caradano, and xrp, have shed significant value against the U.S. dollar, as the top cryptos have lost 50% to more than 80% from their all-time...
Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout
11.6.2022
While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total value locked in defi has dropped 7.96% since...
NXTT’s New Roadmap Looks Set to Strike Through the Bear Market
11.6.2022
Next Earth, the virtual replica of Earth and now the third-largest metaverse, has remained resilient amidst a brutal bear market that has seen the value of almost everything drop precipitiously. Now, Next Earth is putting even more focus on its NXTT token to support a rally against the bear market....
Biggest Movers: WAVES, NEAR Hit Multi-Week Lows on Saturday
11.6.2022
NEAR fell to a one-month low to start the weekend, as prices moved below their long-term support point. WAVES was also lower during Saturday’s session, falling by as much as 14%. Overall, crypto markets are down nearly 5% as of writing. Near Protocol (NEAR) NEAR was one of the most notable...
Bitcoin, Ethereum Technical Analysis: ETH Falls to 15-Month Low to Start the Weekend
11.6.2022
Crypto prices plunged as the weekend commenced, following yesterday’s U.S. inflation report, which came in at a 40-year high of 8.6%. ETH fell to its lowest point in fifteen months, while BTC dropped below $29,000. Bitcoin Following days of consolidation, BTC finally moved late on Friday...
Mars4 Metaverse is Selling Fast in Japan
11.6.2022
The cryptocurrency market is stagnant. Investors are cautious and hesitant to make investments. Some initiatives, however, thrive even in such circumstances: Mars4, a play-to-earn project, has seen an upsurge in NFT sales. Mars4 is growing thanks to scheduled releases (such as a game demo) and some...
Forget the Market Slump – Inflation Will Define Bitcoin This Year and Beyond
11.6.2022
Chen Li is the CEO and Founder of digital asset venture capital firm Youbi Capital._______
Inflation: the word on everyone’s lips in 2022. With rising prices squeezing budgets more than we’ve seen in the last four decades, investors and consumers are desperate for ways to protect their...
Market Wrap: Bitcoin and Stocks Drop; Analysts See Risk of Further Downside
10.6.2022
Bitcoin (BTC) declined alongside equities and other cryptos on Friday. The higher-than-expected U.S. CPI print triggered risk-off sentiment across global markets. Technical indicators suggests risk of additional downside over the short-term
Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate
10.6.2022
Global financial markets and crypto sold off after June 10’s 8.6% CPI print showed inflation remains a persistent challenge
Bitcoin Price Outlook for June — Market Conditions Show Uncertainty
10.6.2022
Ten days into June, bitcoin continues to trade lower, with prices hovering close to a twelve-month low. Despite this, there continues to be optimism around potential rallies in price over the next few weeks. Overall, there is still a lot of uncertainty in the market, with the potential for either...
VC Play-to-Earn Investors Now ‘More Cautious’, Game Engagement Still Strong - Animoca Brands
10.6.2022
This year’s downturn in the crypto market has made venture capital investors in the metaverse and play-to-earn sector “more cautious,” although user engagement in the games themselves remains “robust,” metaverse investor Animoca Brands told Cryptonews.com....
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