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Short Bitcoin ETF Sees Slow Start in Market Despite Bearish Outlook for Bitcoin
23.6.2022
The newly launched short bitcoin (BTC) exchange-traded fund (ETF) from ProShares with the ticker BITI saw a slow start in the market on its first day of trading, before interest picked up noticeably on the second day....
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Bitcoin, Ethereum Technical Analysis: Bullish Sentiment Returns to BTC Following Yesterday’s Sell-off
23.6.2022
Following yesterday’s drop in price, bitcoin stabilized during Thursday’s session, as prices hovered marginally below $21,000. Bulls are attempting to take BTC back towards this resistance level, which was broken as a result of Wednesday’s sell-off. Bitcoin BTC was trading...
Bitcoin Lifeboat, Long Recovery Road, & Exaggerated BTC Deaths: Saylor, CZ, and Professor Weigh In
23.6.2022
Bitcoin (BTC) is “a lifeboat,” says Michael Saylor, while Binance's Changpeng Zhao (CZ) warns that BTC could still stay below its all-time high for two years, and an adjunct professor of law calls the reports about Bitcoin’s death “exaggerated.”
Among the experts who have spoken out about...
Bitcoin and Ethereum Inch Higher, MATIC Extends Its Rally, BNB Accelerates
23.6.2022
Bitcoin price is holding the key USD 20,000 support zone and moving towards USD 21,000 again. BTC is currently (11:43 UTC) trading near USD 20,700 and is unchanged in a day and down 8% in a week. A clear move above USD 21,000 and USD 21,200 could set the tone for a stronger increase....
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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...