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CEL Token Soars as Celsius Shareholder Proposes Recovery Plan, Celsius Pays Compound
21.6.2022
The troubled crypto lending and borrowing company Celsius’ CEL token jumped today, as a company shareholder proposed a recovery plan, and Celsius made a USD 10m payment to the decentralized finance (DeFi) platform Compound (COMP).
A couple of good news related to Celsius seem to have led to...
Kaiko to Provide Deutsche Börse With Crypto Market Data
21.6.2022
French cryptocurrency data provider Kaiko has partnered with German stock exchange Deutsche Börse to provide its clients with tick-level crypto market data
Bitcoin and Ethereum Hold Crucial Levels, Celsius Rallies
21.6.2022
After starting a recovery wave above the USD 20,000 resistance zone, bitcoin is facing a key hurdle near USD 20,500 and USD 21,200. It is currently (04:59 UTC) consolidating above USD 20,500 and is up almost 3% in a day and down 9% in a week.
Similarly, most major altcoins are stuck near...
SEC Chair Warns of ‘Too Good to Be True’ Crypto Products — US Treasury Calls for Urgent Regulation
21.6.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned the public about crypto investments that seem “too good to be true.” Meanwhile, the U.S. Treasury Department says that the recent crypto market turmoil underscores the urgent need...
Market Wrap: Bitcoin Holds Above $20K Amid Light Trading
20.6.2022
MarketWrap Monday, June 20th
‘Bitcoin Is Dead’ Google Searches Skyrocket, Bitcoin Obituaries Records 15 Deaths This Year
20.6.2022
According to the Bitcoin Obituaries list, bitcoin has died 15 times in 2022, and the last obituary written about bitcoin’s death was on June 18, in a recent statement that said: “Bitcoin Will Not Recover.” Interestingly, Google Trends data shows that the search phrase...
Why the crypto market crash may play in Bitcoin's favour
20.6.2022
Podcaster and Bitcoin educator, Natalie Brunell, believes the current market turmoil could lead to regulation favouring Bitcoin over alts
Biggest Movers: MKR up 20% to Start the Week, Whilst AVAX Rebound Continues
20.6.2022
MKR was up by nearly 20% to start the week, as prices continued to move away from recent lows. AVAX was also in the green, as it climbed by over 10% on Monday, after hitting a ten-month low during the weekend. Maker (MKR) MKR was a notable mover to start the week, as prices climbed […]
Bitcoin, Ethereum & Crypto Analysts Search for Bottom as Investors in 'Historically Meaningful Degree' of Pain
20.6.2022
Bitcoin, Ethereum & Crypto Analysts Search for Bottom as Investors in 'Historically Meaningful Degree' of Pain
As Bitcoin (BTC) and the broader crypto market are trying to recover after diving below crucial levels this past weekend, analysts are digging into data, trying to identify the next...
CryptoPunks Becomes Top NFT Collection, Christie’s NFT Expert Says He Will 'Steward' the Project
20.6.2022
CryptoPunks, one of the most popular non-fungible token (NFT) collections, has become the top NFT project in terms of volume over the past 24 hours amid the news that Noah Davis, the NFT expert for the auction house Christie’s, will join Yuga Labs to lead CryptoPunks....
Read More: CryptoPunks...
Helium (HNT) and Mehracki Token (MKI) — Next Cryptocurrencies to Boom in 2022 After the Bear Market
20.6.2022
With so much attention focused on the cryptocurrency industry, it’s possible to forget that the financial systems all over the globe are being revolutionized right now. The vast majority, if not all, of the coins and tokens enjoying rapid development are those affiliated with crypto...
Record stablecoin market share points to crypto upside: JPMorgan
20.6.2022
Despite the FUD around stablecoins, the percentage of stablecoins in the total market cap has been growing recently, hitting new all-time highs
Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Cryptos Rebound
20.6.2022
Following a weekend trading below $20,000, bitcoin rallied by over 10% on Monday to recapture this level. Cryptocurrencies were mainly in the green to start the week, as bulls seemingly bought the weekend’s dip. ETH was almost 15% higher in today’s session. Bitcoin Bitcoin rebounded...
Bitcoin Nears USD 21K, Ethereum Outperforms BTC, SNX Skyrockets
20.6.2022
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...
US Fed to Blame for Downturn, Large Crypto Players Have Responsibility Toward Ecosystem - FTX CEO
20.6.2022
With crypto prices continuing to slide, Sam Bankman-Fried, the outspoken CEO of major crypto exchange FTX, argued that the US Federal Reserve (Fed) is to blame for the ongoing downturn, but that large companies such as his have a responsibility to step in and make efforts to contain...
What Ethereum use case can make ETH a $500B market cap asset: Community answers
20.6.2022
From a universal trustless authentication to decentralized autonomous organizations, Redditors discussed what use cases can drive Ether’s value up
Bitflex Commences BETA Testing With Zero-Trading Fees
20.6.2022
PRESS RELEASE. Seychelles, June 20, 2022 – Bitflex Inc. (the “Company,” “we” or “our”), a blockchain technology company in the global market, today announced that the Company will commence BETA testing of its cryptocurrency exchange and plans...
Bancor pauses impairment loss protection citing 'hostile' market conditions
20.6.2022
Veteran DeFi protocol Bancor came under heavy scrutiny for pausing the impairment loss protection program at a time when liquidity providers need it the most
Bancor Pauses Protection Mechanism Due to ‘Hostile Market Conditions’
20.6.2022
The decentralized finance (DeFi) protocol Bancor (BNT) said it has paused its impermanent loss (IL) protection mechanism due to what it calls “hostile market conditions.”
In an announcement published on Monday, the team behind Bancor said that impermanent loss protection has been “temporarily...
Crypto lending can still survive bear market, analyst says
20.6.2022
Bear markets are much more brutal for crypto lenders than cryptocurrency firms that don’t leverage users’ deposits, according to one Bitcoin analyst