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Liquidations Spike as Crypto Market Corrects


eum/">ethereum (ETH) had dropped by 5% to trade at just over USD 3,700.The sudden price drop appears to have taken crypto derivative traders by surprise, with a clear spike in liquidations of “long” positions of all cryptoassets seen across exchanges. Long liquidations reached more than U

Visa Plans to Bring Cryptocurrency Services to Traditional Banks in Brazil


Visa, the multinational payments giant, has announced it is planning to bring cryptocurrency services to traditional banking platforms in Brazil. The company also announced that it is working with several cryptocurrency companies in the country to bring cryptocurrency payment cards to the market...

ETH Decouples from BTC with Use Cases & Competition in Focus


e, with less price correlation between cryptoassets being a likely result. However, ETH is also facing increasing competition.Writing in a market intelligence report just this weekend, Philip Gradwell, Chief Economist at on-chain analytics firm Chainalysis, noted that ETH is an asset that “is

NFL vs. NFT, Crypto Investment Flows + More News


-eyes-digital-market/b7nvKUIXbDSf">reported. Teams also cannot sell non-fungible tokens (NFTs) as the league develops a strategy for sports digital trading cards and art.Crypto exchange FTX has launched a mint

Crypto Market Sentiment Almost Unchanged in a Week


r noreferrer" href="https://cryptonews.com/news/crypto-market-sentiment-fails-to-stay-in-positive-zone-usdc-11612.htm">5.94 last Monday to 5.89 today. While most top coins did not go through a significant change in sentiment, two outliers were

JPMorgan Says Cryptocurrency Markets Are ‘Looking Frothy’


Global investment bank JPMorgan says cryptocurrency markets are “looking frothy” as retail investors spill over from the stock market into cryptocurrencies and non-fungible tokens (NFTs). Crypto Markets Look Frothy, According to JPMorgan JPMorgan published a note Wednesday on...

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