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Meme Tokens Slide 55% in 5 Months — DOGE, SHIB Dominate $14.9B Meme Coin Economy by 95%
23.9.2022
Five months ago, the top meme cryptocurrencies by market valuation were valued at $33.7 billion and today, the meme coin economy is 55% lower, down to $14.9 billion on September 23. During the last month, dogecoin lost 12.8% in value, and shiba inu is down 19.4% against the U.S. dollar in 30 days....
This Week’s NFT Sales Slide, Bored Ape Market Cap Drops 21%, Floor Prices Sink Lower
22.9.2022
Non-fungible token (NFT) sales this week dropped 10.88% lower than the week prior. Roughly $118.02 million worth of NFTs were sold this week compared to last week’s $132.43 million. Further, the top two NFT collections with the largest market capitalizations shed significant value during...
Bank of America Market Strategist Says ‘Summer Rally Is Over’ as Crypto and Stocks Slide Ahead of Fed Rate Hike This Week
19.9.2022
Digital currency markets, precious metals, and stocks dropped another leg down on Monday following the drop markets saw last Tuesday. Last week’s fall was one of the worst weeks in more than three months as market strategists believe a sizable Fed rate hike is coming this week. Bank...
First Mover Asia: Cryptos Slide in Weekend Trading; Did Ethereum Pick the Wrong Time to Merge?
19.9.2022
Ether sinks to its lowest level since July; bitcoin falls below $19.5K
Bitcoin Tops $20K as Inflation Expectations Slide, Hopes For 2023 Rate Cut Persist
9.9.2022
ING expects a rate cut in June 2023 followed by further easing in the second half of the year
Crypto Startup Slide Raises $12.3M to Connect New Users to Web3 Apps
8.9.2022
Crypto-focused investment firms Polychain Capital and Framework Ventures led the funding round
Ether, Cardano Lead Steep Crypto Slide Amid Dollar Strength
7.9.2022
Some analysts said impending monetary tightening could add to a global rout across major asset classes, including equities and crypto
First Mover Americas: Bitcoin Bounces to $20K as Dollar Recedes From 20-Year High; Equity Futures Slide
29.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 29, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Market Strategist Expects Stock Market to Drop 50% From Here, Says There’s ‘Going to Be No Middle Class Left’
28.8.2022
Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid significantly in value. Over $240 billion was erased from the crypto market and the Crypto Fear and Greed Index continues to slide...
While the Merge Led the Bear Market Rise, Hype Has Been Erased and Ethereum Now Leads the Slide
27.8.2022
With just over two weeks left until The Merge, ethereum’s value against the U.S. dollar has lost all the gains the crypto asset recorded leading up to the hardened date. In mid-August, ether managed to climb above the $2K zone but since then, the second largest cryptocurrency by market...
Crypto Stocks Slide in Pre-Market Trading as Bitcoin Slumps to $21.6K
19.8.2022
Marathon Digital and Riot Blockchain are leading the plunge in crypto stocks today with both facing double-digit moves to the downside
Market Wrap: Bitcoin, Ether Prices Slide for Fourth Consecutive Day
17.8.2022
BTC prices continued to trade down but within a narrow trading range. Bitcoin (BTC) fell 2% on Tuesday, its fourth consecutive daily decline.The largest cryptocurrency by market capitalization has dropped 6% since crossing $25,000 briefly on Aug. 14.Ether’s (ETH) price also tumbled for a fourth...
First Mover Americas: Bitcoin Lower as U.S. Futures Slide; Ether Continues to Steal Crypto Market Share
17.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 17, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Fractional NFT Markets Slide 76% in Value in 7 Months, Diced-up Doge NFT Still Leads the Pack
10.8.2022
When non-fungible token (NFT) collectibles became popular, the fractionalized NFT market grew past the $200 million range seven months ago in December 2021. Since then, the fractionalized NFT market has lost more than 76% in value, dropping to an overall market capitalization of around $50 million....
Bitcoin and Ethereum Gain Bearish Momentum, Altcoins Slide
10.8.2022
Bitcoin price started another decline below the USD 23,500 support zone and moved below the USD 23,000 level. It is currently (04:03 UTC) trading near USD 22,900 and is down over 4% in a day and almost 1% in a week.
Similarly, most major altcoins are gaining bearish momentum. ETH is down 6%...
First Mover Americas: As Bitcoin and Ether Slide, Investors Bet on Ethereum Fork
9.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 9, 2022
Crypto’s Slide Hasn't Bled Into the 'Real Economy,' IMF Official Says
29.7.2022
Antonio Garcia Pascual, deputy chief of the global market analysis division at International Monetary Fund, joined CoinDesk TV to discuss why the crypto contagion hasn’t really spilled over into other markets
Stablecoin Market Cap Slides, BUSD and DAI Valuations Jump, Fiat Tokens Represent 70% of All Crypto Trades
21.7.2022
During the last month, the stablecoin economy’s market valuation dropped from $155.23 billion to $153.34 billion on July 20, sliding roughly 1.21%. The top two stablecoins by valuation, tether and usd coin, have seen their market caps slide over the last 30 days, while BUSD and DAI have seen...
Bank of America Predicts US Recession This Year as Inflation Hits 40-Year High
15.7.2022
Bank of America has forecasted that the U.S. economy will slide into a recession this year. “A number of forces have coincided to slow economic momentum more rapidly than we previously expected,” the bank’s economists said. US Economy Heading Into a Recession This Year, Says...
US Inflation Jumps More than Expected in June; Bitcoin & Ethereum Slide
13.7.2022
Annual inflation in the US hit 9.1% in June, or more than what analysts had expected, and up from 8.6% in May. It reached the highest level in 41 years. (This is a developing story and is being constantly updated).
In a month, prices jumped 1.3%, also more than expected. The so-called annual...