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Bitcoin Nears USD 20K, Ethereum Below USD 1.1K, WAVES Rallies, CEL Dumps


  Bitcoin price was able to recover above the USD 21,200 resistance zone but failed to stay in the positive zone and declined below USD 21,000. It is currently (04:04 UTC) trading above USD 20,300, with a risk of a downside break. BTC is down over 1% in a day and almost 9% in a week. ... Read...

BlockFi Secures USD 250M Credit Facility from Bankman-Fried's FTX


  Major crypto lender BlockFi said it secured a USD 250m loan from the FTX exchange in an attempt to bolster its balance sheet. The revolving credit facility, which is a type of credit, "are intended to be contractually subordinate to all client balances across all account types (BIA, BPY & loan...

Bitcoin Rose From $18,700 Level; Will BTC Cross $30K?


Ever wondered why major cryptocurrencies are often tied with the performance of Bitcoin in general. While not all of them are pegged with BTC, it showcases buyers the comparative performance of a market leader with other crypto performers. BTC price action today is severely impacted by whales...

Solend Puts Forward 3rd Proposal that Would Reduce Borrow Limit to USD 50M


  Solana (SOL)-based borrowing and lending service Solend has put forward yet another proposal in a bid to mitigate the threat of the whale wallets at risk of liquidation. Called SLND3, the latest proposal would introduce a per-account borrow limit of USD 50m. It would also gradually liquidate...

Bitcoin Nears USD 21K, Ethereum Outperforms BTC, SNX Skyrockets


  Bitcoin price formed a base above the USD 18,000 level and started a recovery wave above the USD 20,000 resistance level. It is currently (11:55 UTC) showing positive signs near USD 20,800, and is facing a major hurdle at USD 21,200. BTC is up 6% in a day and down 22% in a week. Similarly, most...

Bitcoin Dives Below USD 20,000


  Bitcoin (BTC), the most popular cryptocurrency and cryptoasset, dropped below USD 20,000 for the first time since December 2020, while the second-largest cryptoasset, ethereum (ETH), is on the verge of breaking the USD 1,000 level for the first time since January 2021. At 08:12 UTC, BTC trades...

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