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Moody’s: Cryptocurrencies Unlikely to Help Russia Evade Sanctions
7.5.2022
Russia’s ability to employ cryptocurrencies to circumvent international sanctions is restricted by the limited size of the crypto market, according to Moody’s. Despite increased use in small transactions, low liquidity is another factor preventing Russians from exploiting the utility...
Bitcoin, Ethereum Technical Analysis: BTC Falls to 2-Month Low Following the Latest NFP Report
6.5.2022
Bitcoin fell to its lowest level in over two months, as Friday’s non-farm payrolls report showed an addition of 428,000. It was expected that last month’s payrolls would show an increase of 391,000 jobs — lower than March’s figure of 431,000. ETH also fell on the news...
Biggest Movers: ETC Climbs to 1-Week High, as AXS Moves Away From 10-Month Low
5.5.2022
During a volatile day of trading, ethereum classic rose to a one-week high earlier in the session, before falling victim to a red wave. AXS also rose today, climbing by over 12% in the day, however, a bearish wave pushed prices lower as the day progressed. Ethereum Classic (ETC) ETC climbed to...
Biggest Movers: Tron Climbs to 5-Month High, With WAVES up 15%
4.5.2022
Tron (TRX) rallied to a five-month high earlier in today’s session, as bulls continued to feed off recent news of the USDD stablecoin. While TRX climbed to multi-month highs, WAVES moved away from a two-month low today, as prices surged by as much as 15%. Tron (TRX) May the 4th...
Biggest Movers: FTM Down 12% to Start the Weekend, as ATOM Hits 8 Month Low
30.4.2022
FTM was down by as much as 12% to start the weekend, as crypto markets were once again under a red wave. ATOM was also victim to this wave, falling to its lowest level since last August during Saturday’s session. Fantom (FTM) Fantom (FTM) was down by double digits on Saturday, as bearish...
DeFi Transactions at One-Year Low, NFTs and Games Standing Strong
29.4.2022
Transactions related to decentralized finance (DeFi) applications have hit a one-year low, with DeFi being the niche within crypto that is most affected by this year’s downturn in crypto prices, a new report from the decentralized application tracking site DappRadar has said....
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Bitcoin, Ethereum Technical Analysis: BTC Rebounds, Moves Away From 1-Month Low
28.4.2022
Market uncertainty in crypto was once again higher on Thursday, as traders continue to anticipate next week’s Fed decision. Following a drop to a one-month low during Wednesday’s session, BTC rebounded, with prices now hovering below $40,000. ETH also rallied, attempting to break...
LUNA Supply Drops to All-Time-Low – But Don’t Call It Deflationary
27.4.2022
To keep up with the demand for Terra’s UST stablecoin, LUNA tokens are burned to maintain the $1 peg. All things being equal, less supply could help to support the price
Biggest Movers: NEAR Hits 1-Month Low, XMR Down 12%
27.4.2022
NEAR saw recent losses extend on Wednesday, as it fell to a one-month low during today’s session. The decline in NEAR came as XMR also traded in the red, falling to a multi-week low in the process. NEAR Protocol (NEAR) NEAR was one of the biggest tokens to fall on hump-day, as prices fell...
Robinhood axes almost 1 in 10 staff members as stock hits all-time low
27.4.2022
“We determined that making these reductions to Robinhood’s staff is the right decision to improve efficiency,” noted Robinhood CEO and co-founder Vlad Tenev
Bitcoin's Correlation With Gold-Backed PAXG Token Weakens to Record Low
26.4.2022
Bitcoin's inverse correlation with PAXG represents the leading cryptocurrency's recent behavior as a risk asset rather than a store-of-value
Bitcoin Recovers Above $40K After Dipping Earlier to 6-Week Low
25.4.2022
Bitcoin trades at about $40,100 after falling nearly to $38,200
Bitcoin Hits 6-Week Low as Risk-Off Sentiment Hits Financial Markets
25.4.2022
"I don't remember this level of bearishness amongst contacts and Twitter, even back on cycle lows in January," one fund manager said
But Exchanges, What Low Volumes You Have!
24.4.2022
Even though bitcoin’s price is range-bound and crypto exchange volumes are at yearly lows, there is no reason to worry … yet
Report: Saudi Arabia Exploring Possibility of Implementing Blockchain in Government
23.4.2022
The Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. However, an official said the kingdom can only successfully build blockchain-based solutions if it hires people that...
Bitcoin's 30-Day Volatility Slips to 17-Month Low
20.4.2022
Market makers from DeFi option vaults are perhaps the invisible force helping create a boundary for prices
Bitcoin, Ethereum Technical Analysis: BTC Back Above $41,000 as Crypto Bulls Return
19.4.2022
Following recent losses, BTC rallied on Tuesday, as bulls appeared to have returned to cryptocurrency markets. In addition to bitcoin, ETH also moved away from yesterday’s low below $2,900, with price now hovering close to $3,100. Bitcoin After several days of bearish pressure...
Biggest Movers: LINK Hovers Near Long-Term Support as ZIL Loses 10% of Its Value
18.4.2022
ZIL was down by as much as 10% to start the week, as prices continued to fall following recent highs. LINK was also predominantly red on Monday, as it marginally fell below the long-term support level, hitting a one-month low in the process. Zilliqa (ZIL) ZIL was one of the biggest crypto movers...
Bitcoin, Ethereum Technical Analysis: BTC Hits 1-Month Low, Following Easter Selloff
18.4.2022
Following a weekend of bearish pressure, BTC’s price fell to its lowest level in over a month. ETH also neared a one-month low, which came as prices once again slipped below $3,000. Overall, the cryptocurrency market cap is down nearly 4% as of writing. Bitcoin Bitcoin fell to a one-month...
First Mover Americas: Bitcoin's Exchange Balance Hits 3.5-Year Low
18.4.2022
The latest moves in crypto markets in context for April 18, 2022