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Post-crash Hopium: Bitcoin Bulls Look for Light in the Dark Tunnel


Source: iStock/da-kuk Things are not as grim as they seem, find many hardcore Bitcoiners. Sure, the situation is bad currently, but it's just a period that has its end, at that end await more investors, and the entire situation should be used to buy more bitcoin (BTC), they say. Good for gold...

Altcoins See Early Optimism After Thursday Massacre, Litecoin Up 10%


Source: iStock/t_kimura Following the massacre in the broader crypto market on Thursday, major altcoins have already started to recoup some of their losses, with some cryptoassets now showing positive returns over the past 24 hours. Despite a sea of red in the crypto market, altcoins such...

Crypto Exchanges Make Emergency Moves to Deal With Disrupted Transactions


Some crypto exchanges around the world struggled to deal with the unexpected crash that has seen bitcoin (BTC) crash to as low as USD 4,000 before rebounding to more than USD 5,500 – leading some to take “emergency measures.” A number of major exchanges suffered with technical issues as some coins...

An Interim Post-Mortem: Worst Days, Liquidations, and BitMEX in Spotlight


After falling by a historic 40% before recovering slightly yesterday, bitcoin (BTC) is today recouping some of its heavy losses, posting double-digit gains in the early hours of Friday trading. Today’s rebound comes after the number one digital asset once again saw heavy selling around midnight...

DeFi Goes Through Its Own Major Turbulence


The crypto market crashed, and the total value locked (TVL) in decentralized finance (DeFi) is not here for it. Nonetheless, it bounced back. TVL crashed 62% today, from USD 649.497 million to USD 244.398 million, before recuperating to where it currently (UTC: 10:24) stands: USD 641.6 million...

Bitcoin and Altcoins Attempt to Recover After Significant Crash


The past 3-4 sessions saw a significant drop in bitcoin price from well above USD 8,000 to well below USD 5,000. BTC/USD lost more than 50% and even tested the USD 4,000 area. The price is currently (09:00 UTC) recovering above USD 5,000, but there are many resistances waiting on...

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