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CRO Trims Losses as Crypto.com Scraps Plan to Cut Rewards After Community Backlash
3.5.2022
The crypto platform Crypto.com is again changing its stance on rewards in its own CRO token to cardholders, after a backlash from the community on plans to cut token rewards. CRO trimmed some of its earlier losses following the announcement.
At 13:07 UTC, CRO traded at almost USD 0.30 and...
Bitcoin and Ethereum Consolidate, ALGO’s Rally on Pause
3.5.2022
Bitcoin price remained in a range above the USD 38,000 level. BTC is currently (11:57 UTC) trading near USD 38,500 and facing a couple of key hurdles near USD 39,000 and USD 39,200. BTC is unchanged in a day and down 5% in a week. If there is no upside break, the price could dive below...
Spanish Cryptocurrency Exchange Bit2me Expands Operations to Brazil
3.5.2022
The Spanish cryptocurrency exchange Bit2me is taking interest in getting into the Latam market. The company has launched its operations in Brazil by introducing an office in the country that will deal with compliance issues to make the exchange a safe option for Brazilians. The exchange aims...
Bitcoin and Ethereum Keep Failing Near Key Hurdles, ALGO Rallies on FIFA News
3.5.2022
Bitcoin price started a consolidation phase above the USD 38,000 level. BTC attempted an upside break, but it faced sellers near USD 39,200. It is currently (04:06 UTC) trading around USD 38,500 and remains at a risk of more downsides. BTC is almost unchanged in a day and down 5% in a week....
Market Wrap: Cryptos and Stocks Mixed; Bitcoin Outperforms Altcoins
2.5.2022
Stocks and cryptos have experienced choppy trading so far this year, reflecting uncertainty among global investors. Meanwhile, bitcoin (BTC) is starting to outperform some altcoins
Fed FOMC comments and Bitcoin ‘bear channel’ could kickstart a decline to $28K
2.5.2022
Crypto market weakness continues into May as analysts suggest that deteriorating sentiment could lead Bitcoin price to re-test $28,000
Ethereum Price Target for 2022 Cut Again But New Highs Still In Play - Survey
2.5.2022
The price of ethereum (ETH) might reach a new all-time high of USD 6,872 in 2022 before correcting to USD 5,783 by the end of the year, according to a once again less optimistic average estimate by a panel of fintech & crypto industry players. ...
Read More: Ethereum Price Target for 2022...
Bitcoin ‘bear market’ may take BTC price to $25K, says trader with stocks due capitulation
2.5.2022
It could still go either way for Bitcoin price action, but one analyst believes Bitcoin is already coming out on top versus equities
Derivatives, Spot Markets, Dex Swaps — 30 Day Crypto Trade Volumes Slipped Across the Board Last Month
2.5.2022
Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower than the month prior, and both futures and options volumes were down in April as well. Lower than...
Another Solana Outage Shows That Price Impact Is Minor
2.5.2022
After at least 9 days with reported outages so far in 2022, the price of solana (SOL), the 7th largest cryptoasset by market capitalization, does not appear overly affected by the network troubles, with prices for the most part staying rangebound between USD 80 and USD 120 since late January....
Bitcoin and Ethereum Struggle, XRP and LUNA Inch Higher
2.5.2022
Bitcoin price started an upside correction above the USD 38,500 level. However, it is struggling to clear the USD 39,200 resistance zone. BTC is currently (11:47 UTC) consolidating above USD 38,600 and might attempt a move above USD 39,200. The price is up almost 2% in a day and down 2% in...
Coin Race: Best & Worst Cryptos in Red April
2.5.2022
After what has been a rather rough period for the crypto market in April, May is finally here, and it is time to take a closer look at which coins fared the worst and the best over the past month....
Read More: Coin Race: Best & Worst Cryptos in Red April
Fed 'will determine the fate of the market' — 5 things to know in Bitcoin this week
2.5.2022
The U.S. central bank will make what is becoming a monthly dictation of what markets do this week with a new rate hike announcement
Bitcoin and Ethereum Fluctuate, TRX and FTM Surge
2.5.2022
Bitcoin price extended its decline below the USD 38,200 level but it found support near USD 37,500 and move higher again. BTC is currently (04:09 UTC) trading above USD 38,700 and is up almost 2% in a day and is down 2% in a week. On the upside, the bears might remain active near USD 39,200...
Uzbekistan President Issues Decree Regulating Cryptocurrencies, Mining and Trading
1.5.2022
The government of Uzbekistan has moved to expand its crypto regulations through a decree signed by President Shavkat Mirziyoyev. The document provides definitions for terms like crypto assets, exchange, and mining, and determines the main regulatory body for the industry. Agency Under President...
Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March
1.5.2022
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $592 billion in smart contract protocol tokens dropped in value...
With an ‘Aggressive’ Fed Rate Hike Expected Next Week, Stocks and Crypto Markets Lose Billions
1.5.2022
Investors will be focused on the U.S. central bank this Wednesday as Federal Reserve policymakers are expected to raise the benchmark interest rate aggressively. The top U.S. stock indexes saw significant losses at the end of the week, and the Nasdaq composite saw its worst four-month starting...
Smart money is accumulating Ethereum even as traders warn of a drop to $2.4K
30.4.2022
Short-term analysis sets a $2,400 price target for ETH, but data shows smart money continues to accumulate in anticipation of the Merge
Biggest Movers: FTM Down 12% to Start the Weekend, as ATOM Hits 8 Month Low
30.4.2022
FTM was down by as much as 12% to start the weekend, as crypto markets were once again under a red wave. ATOM was also victim to this wave, falling to its lowest level since last August during Saturday’s session. Fantom (FTM) Fantom (FTM) was down by double digits on Saturday, as bearish...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain in the Red, to Start the Weekend
30.4.2022
Bitcoin and ethereum were both trading lower to start the weekend, as crypto markets continued to face bearish pressures. The current uncertainty surrounding next week’s Federal Reserve meeting has seen prices consolidate for most of the week, with Saturday being no different. Bitcoin...