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Total crypto market cap risks a dip below $1 trillion if these 3 metrics don’t improve
3.6.2022
Declining demand for Tether, negative futures premiums for altcoins and the lack of inflow to the crypto sector are all signs that a rocky road is ahead
5 metrics to monitor before investing in crypto during a bear market
3.6.2022
Everyone is a genius during a bull market, but how does one invest during lengthy downtrends? Here are five things to consider before buying into a crypto project
The crypto market dropped in May, but June has a silver lining
3.6.2022
The top 10 largest whale addresses of stablecoins Dai and USDC show an increased trust level in the two assets amid the UST debacle
Market Rout Prompts Analyst to Slash Bitcoin Miners’ Price Targets by Average of 65%
3.6.2022
BTIG’s analyst remains positive on the longer-term outlook for the miners, however, and is sticking with his buy ratings for the stocks
Biggest Movers: WAVES up Over 120% in the Last Week, XLM Moves Towards 3-Week High
3.6.2022
WAVES was once again higher on Friday, with prices now gaining by over 120% in the last seven days. While WAVES soared, XLM also had a stellar showing, as it moved closer to a three-week high on Friday. WAVES While crypto markets have been either falling or consolidating over the past week, WAVES...
USD 25K-USD 27K per Bitcoin Is ‘This Cycle’s Bottom’ - Arthur Hayes
3.6.2022
If it is true that the Luna Foundation Guard (LFG) really sold 80,000 bitcoin (BTC) to defend the terraUSD’s (UST) peg during its meltdown, it is likely that USD 25,000 to USD 27,000 is the bottom of this bitcoin market cycle, according to crypto essayist and former BitMEX CEO Arthur...
Bitcoin, Ethereum, and Altcoins Trim Gains, ICP Still Outperforms
3.6.2022
Bitcoin price attempted a fresh increase above the USD 30,500 resistance but it failed to clear the USD 31,200 resistance. BTC is currently (11:52 UTC) trading near USD 29,800 and is down 1% in a day, but is still up 4% in a week.
Similarly, most major altcoins are also moving lower. ETH...
Crypto Firms, Especially Exchanges, Slash Jobs as Market Rout Continues
3.6.2022
Many crypto companies are announcing substantial job cuts and hiring freezes amid challenging times for cryptocurrency and equity markets
Bitcoin, Ethereum Technical Analysis: BTC Gains Prior to NFP Report, Following a Cross of Moving Averages
3.6.2022
Bitcoin was once again trading above $30,000, as markets were anticipating the release of May’s non-farm payrolls report. Whilst BTC was back in the green, ETH continued to trade lower, and as of writing is below $1,800. Bitcoin Following a drop in price on Thursday, BTC was back in...
Crypto.com gets nod in Dubai and FTX launches in Japan
3.6.2022
Crypto.com will have further requirements before its full license is granted in the “near-term” and FTX said the move would allow it to work “directly with Japanese regulators.”
Bitcoin and Ethereum Near Key Hurdles, ICP Surges
3.6.2022
Bitcoin price remained supported above the USD 29,500 level. BTC started a recovery wave above USD 30,000 and is currently (04:04 UTC) trading near USD 30,500. BTC is up almost 3% in a day and 4% in a week.
Similarly, most major altcoins are facing hurdles. ETH is struggling near USD 1,850...
NY Attorney General Warns About Investing in Crypto Market — Says It’s Extremely Unpredictable, Unstable
3.6.2022
New York Attorney General Letitia James has issued a warning about investing in cryptocurrency. She said the crypto market is “extremely unpredictable” and “unstable,” noting that the market “reached record lows” last month. NY Attorney General Warns About...
Bitcoin bond still on hold, El Salvador accused of human rights violations
3.6.2022
El Salvador’s finance minister believes the ongoing price volatility of Bitcoin means the awaited “Bitcoin bond” won't be launched anytime soon. Meanwhile the country faces a “human rights crisis.”
Coinbase Announces Cost-Cutting Measures as Crypto Firms Face Bear Market
2.6.2022
Coinbase announced the move on its blog following an announcement of layoffs at fellow exchange Gemini earlier today
Market Wrap: Cryptos Mixed Amid Choppy Trading, Bitcoin Activity Slows
2.6.2022
Cryptos were mixed on Thursday, while bitcoin (BTC) traded flat and Internet Computer's ICP token rallied by 20%. Regulatory concerns linger, and blockchain activity is slowing
Ethereum’s Merge FOMO isn’t priced in, making a spike to $2.6K a possibility
2.6.2022
Ethereum's price action hangs around major swing lows despite the all-important Merge network upgrade. Analysis suggests ETH is discounted below $2,000
Biggest Movers: ATOM Falls Towards Multi-Week Low, as GRT Extends Recent Losses
2.6.2022
ATOM fell towards a three-week low on Thursday, as crypto markets were victim to yet another red wave. Overall, markets are down nearly 5% as of writing, with GRT dropping by almost 10% lower on the day. Cosmos (ATOM) ATOM dropped towards a three-week low during Thursday’s session, as global...
Major crypto firms reportedly cut up to 10% of staff amid bear market
2.6.2022
Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing up to 60% of its workforce in 2018
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,800, BTC Once Again Falls Under $30K
2.6.2022
Despite a strong start to the week, bitcoin fell below $30,000 on Thursday, as crypto bears returned to action. Following an uncertain day of trading yesterday, bearish momentum has taken charge of markets, with ETH also in the red. Bitcoin Following a strong start to the month, BTC fell lower...
Winklevoss-Led Gemini Cuts 10% Staff, Citing ‘Turbulent’ Crypto Market
2.6.2022
Crypto exchange and custodian Gemini said that it will cut about 10% of its employees, citing “turbulent market conditions that are likely to persist for some time.”