Search
Fei Protocol genesis locks up $1 billion in ETH, but LPs could face losses
5.4.2021
Despite attracting more than $1 billion, Fei protocol’s genesis event hasn’t been entirely smooth sailing — with LPs facing losses if they withdraw soon
South African Regulator Zeroes in on Scams and Unregulated Firms in Its Second Crypto ‘Health Warning’
29.3.2021
South African regulator the Financial Sector Conduct Authority recently issued its second crypto “health warning” after it noticed increased reports of crypto-related losses suffered “in the past three months.” In the warning, the regulator reminds investors that since...
Bitcoin, Ethereum and Altcoins Extend Losses
25.3.2021
Bitcoin price failed to recover above the USD 53,200 resistance level. BTC gained bearish momentum and it even broke USD 51,000. It is currently (12:30 PM UTC) moving higher above the USD 51,000 level again.
Similarly, most major altcoins might face resistance. ETH made an attempt to settle above...
Bitcoin, Ethereum and Altcoins Consolidate Losses
23.3.2021
Bitcoin price settled below the USD 55,500 and USD 55,000 support levels. BTC is consolidating losses and it is currently (12:30 PM UTC) trading above USD 54,000. If there is no upside break above USD 55,000, there is a risk of more losses below USD 53,800.
Similarly, most major altcoins...
Bitcoin Breaks Key Support, Ethereum and Altcoins Extend Losses
16.3.2021
Bitcoin price extended its decline below the USD 58,000 support. BTC even broke the key USD 55,000 support level and declined towards USD 53,000. It is currently (05:30 UTC) recovering, but the bulls could struggle near USD 55,000 and USD 56,000.
Similarly, there were additional losses in most...
Bitcoin Finds Support Near USD 55K, Ethereum Consolidates Losses
15.3.2021
Bitcoin price failed to stay above USD 60,000 and started a downside correction. BTC declined below many supports near USD 58,000 before it found support near USD 55,000. It is currently (12:30 UTC) recovering, but the bulls might struggle near USD 58,000.
Similarly, most major altcoins started...
An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions
3.3.2021
A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year...
Crypto Users Claim Popular Bitcoin Paper Wallet Generator Is Compromised, Millions Allegedly Stolen
25.2.2021
A number of forum posts and tweets say that the website bitcoinpaperwallet.com is compromised and people have said they have lost bitcoin using the paper wallet generator. Three years ago the website domain changed ownership and ever since then losses have been reported on Reddit forums...
Altcoins nurse double-digit losses as Bitcoin bulls fight to retake $49K
23.2.2021
A renewed wave of selling briefly pushed Bitcoin price below $45,000 and the majority of altcoins saw their double-digit losses increase
Bitcoin Rebounds From USD 45K, Ethereum and Altcoins Pair Losses
23.2.2021
Bitcoin price extended its decline below the USD 50,000 support level. BTC even declined below the USD 47,500 support level and tested USD 45,000. However, the price rebounded sharply, jumping to almost USD 49,000 (12:58 PM UTC) and trimming its daily losses to 8%.
Similarly, there was a strong...
Janet Yellen Warns Bitcoin Is ‘Extremely Inefficient’ and ‘Highly Speculative’ as BTC Price Plunges
23.2.2021
U.S. Treasury Secretary Janet Yellen has warned about the dangers of bitcoin as the price of the cryptocurrency took a nosedive. She sees bitcoin as a highly speculative asset and is worried about potential losses investors can suffer. Yellen also believes that bitcoin is not widely used as...
$5.64 billion liquidated in 24 hours as Bitcoin extends losses — Is a relief rally near?
23.2.2021
A staggering $5.64 billion worth of futures positions was liquidated in the last 24 hours as the price of Bitcoin dropped 17%
Bitcoin Snaps Back After Slight Dip, Current BTC Chart ‘Is Near Identical to August 2017’
15.2.2021
Digital currency prices are on the move again, after tumbling a hair downwards during Sunday evening’s trading sessions. On Sunday the price of bitcoin dropped -7.64% after touching a lifetime price high at $49,715 and then slid to $45,915. As trading sessions entered into Monday, BTC...
Bitcoin, Ethereum, and Altcoins Recovering Losses
15.2.2021
Bitcoin price remained well bid above the USD 46,000 support. BTC started a fresh increase above the USD 47,000 and USD 47,500 resistance levels. It is currently (13:00 UTC) showing positive signs, but it must settle above the USD 48,000 resistance for upside continuation.
Similarly, most major...
KuCoin CEO says insurance covered 16% of losses from $285M hack in 2020
3.2.2021
KuCoin users were unaffected by the $285 million hack of 2020 as insurance funds covered the remaining losses from the incident
Market Wrap: Bitcoin Reverses Wednesday’s Losses, Ether Climbs
28.1.2021
Few are attributing the cryptocurrency's rise to market fundamentals after the GameStop roller coaster
Bitcoin Rebounds From Early Losses, Markets Still Distracted by GameStop
28.1.2021
GameStop's stock drama has had a galvanizing effect on stocks, bitcoin and even dogecoin
Bitcoin and Altcoins Show Signs of Additional Losses
27.1.2021
Bitcoin price failed to recover above the USD 32,000 and USD 32,400 resistance levels. BTC traded below the USD 31,200 support and is currently (13:00 UTC) showing bearish signs. It seems like the bears are aiming for a downside break below USD 30,000.
Similarly, most major altcoins are showing...
Bitcoin and Altcoins Consolidate Losses As Bears Lose Momentum
27.1.2021
Bitcoin price extended its decline below USD 31,200, but the bulls defended heavy losses. BTC recovered from USD 30,800 and it is currently (05:00 UTC) trading above USD 31,500. However, the price is facing a lot of hurdles, starting with USD 32,400 and up to USD 34,500.
Similarly, most major...
Glassnode predicts BTC break-out as investors refuse to realize losses
26.1.2021
Despite on-chain metrics indicating Bitcoin investors will soon face losses, Glassnode believes BTC is ready to bounce