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Market Wrap: Bitcoin Declines, Resisting Seasonal Norm; Altcoins Mixed
1.6.2022
Bitcoin (BTC) declined alongside other cryptos and stocks on Wednesday. Meanwhile, WAVES rallied by as much as 20% over the past 24 hours. The historical odds of positive monthly BTC returns diminish until Q4
Bitcoin and Ethereum Hold Key Support, Altcoins Consolidate, TRX Jumps
1.6.2022
Bitcoin price is moving lower below the USD 32,200 zone. BTC dropped below USD 31,500, but the bulls were active near USD 31,200, and it is currently (11:49 UTC) consolidating near USD 31,500 again. BTC is down almost 1% in a day and up 7% in a week.
Similarly, most major altcoins...
Coin Race: Top Winners/Losers of May; Is Summer Coming for Crypto Holders?
1.6.2022
June is here, summer has arrived, and the outlook for the crypto market has in recent days finally seemed a bit brighter....
Read More: Coin Race: Top Winners/Losers of May; Is Summer Coming for Crypto Holders?
ZEC Stays Flat Despite Major Zcash Update That Boosts Privacy
1.6.2022
Popular privacy coin Zcash (ZEC) has gone through a major network upgrade that brings new features like automatic shielding and unified addresses.
While the upgrade marks a major milestone for the privacy coin, investors are ostensibly not excited as the coin's price is largely flat over...
Bitcoin and Ethereum Consolidate Gains, AXS and WAVES Dive
1.6.2022
Bitcoin price made another attempt to clear the USD 32,200 resistance zone and spiked to USD 32,400 where the bears emerged. It is currently (04:09 UTC) trading near USD 31,600 and is almost unchanged in a day and up 7% in a week.
Similarly, most major altcoins are also moving lower....
Market Wrap: Bitcoin Rises to $32K, Outperforming Altcoins
31.5.2022
Cryptos advanced with bitcoin (BTC) in the lead. Although, Cardano's ADA and Axie Infinity's AXS token rallied on Tuesday. Some analysts are skeptical despite the current short squeeze in crypto
WAVES Skyrockets as Details of DeFi Revival Plan Unveiled, Still Down 85% from ATH
31.5.2022
The native token of the blockchain platform Waves (WAVES) has risen sharply in price this week, as a new master plan to bring back confidence in decentralized finance (DeFi) on the network has been unveiled.
At 11:08 UTC on Tuesday, WAVES stood at USD 9.2, up 63% over the past 24 hours and...
Bitcoin and Ethereum Consolidate Gains, ADA Outperforms
31.5.2022
Bitcoin price surged above the USD 31,200 resistance level and tested the USD 32,000 level before the bears emerged. It is currently (11:50 UTC) consolidating gains near USD 31,800 and is up almost 4% in a day and 9% in a week.
Similarly, most major altcoins remain in a positive zone. ETH...
Bitcoin Nears USD 32K, Ethereum Tests USD 2K, ADA Rallies, WAVES Doubles
31.5.2022
Bitcoin price gained bullish momentum after a clear break above USD 30,500 and even cleared USD 32,000. It is currently (04:08 UTC) consolidating gains near USD 31,800 and is up almost 5% in a day and 9% in a week.
Similarly, most major altcoins gained bullish momentum. ETH broke the USD 1,920...
Crypto Listing and Delisting Announcements: Week 22
30.5.2022
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Bitcoin Funds See Weekly Inflows as Analysts Debate ‘Bounce’
30.5.2022
Investment funds backed by bitcoin (BTC) and crypto once again saw inflows last week, as BTC extended a now 9-week-long losing streak. At the same time, some analysts are turning positive on the near-term outlook for bitcoin in particular, predicting a “bounce” to the upside in June.
According...
South Korean Crypto Exchanges Form Joint Response Council to Avoid Repeat of LUNA ‘Incident’
30.5.2022
South Korea’s five biggest crypto exchanges have vowed to create a “joint response council” to avoid a repeat of what the media and politicians in the country have labeled the “terra (LUNA) incident.”...
Read More: South Korean Crypto Exchanges Form Joint Response Council to Avoid Repeat of LUNA...
Bitcoin and Ethereum Inch Higher, HNT and WAVES Rally
30.5.2022
Bitcoin price started a strong increase above the USD 29,500 level and even spiked above USD 30,500. It is currently (11:46 UTC) showing positive signs near USD 30,700 and is up 5% in a day and 1% in a week.
Similarly, most major altcoins are also moving higher. ETH could gain pace if it clears...
New LUNA Token Rises, Still Down 65% After Launch, Kraken CEO Defends Listing
30.5.2022
The new Terra (LUNA) blockchain went live on Saturday, with the newly airdropped LUNA token seeing extremely volatile trading on its first day, before stabilizing and gaining some ground later in the weekend. Despite having become a controversial project, the new LUNA token can already be traded...
Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3
30.5.2022
The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even...
Bitcoin and Ethereum Move Higher, Altcoins Accelerate
30.5.2022
Bitcoin price remained well bid above the USD 28,500 support zone, formed a base, and started a fresh increase above the USD 29,200 resistance. It is currently (04:06 UTC) showing positive signs near USD 30,360 and is up almost 5% in a day and is unchanged in a week....
Read More: Bitcoin...
DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization
29.5.2022
Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s position as the top defi protocol in terms of total value locked...
Struggling On-Chain Governance Experiment Tests Itself With New Experiments
29.5.2022
Crypto governance is currently going through a rough patch right now. Sure, the market as a whole is experiencing a tough time, but with a consistent stream of million-dollar governance attacks having already taken place this year, it seems that the concept of on-chain voting is having it harder...
Elon Musk Says Spacex Will Soon Accept Dogecoin for Merchandise — Starlink Subscriptions Could Follow
28.5.2022
Spacex and Tesla CEO Elon Musk says that dogecoin will soon be accepted at Spacex for merchandise, in the same way Tesla is accepting DOGE payments. Furthermore, Starlink subscriptions may also be paid with dogecoin “one day.” Spacex to Soon Accept Dogecoin for Merchandise Dogecoin...
Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks
28.5.2022
Following the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm has launched tether tokens on the Polygon network. The Polygon integration follows the stablecoin being added to the Avalanche and Kusama blockchain networks....