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Market Wrap: Bitcoin Holds Above $20K Amid Light Trading
20.6.2022
MarketWrap Monday, June 20th
Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down
20.6.2022
Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes it will take two years to get inflation back down to 2%. While speaking during an interview on Sunday, Mester explained that while it will take two years...
Ukraine Sells Donated CryptoPunk NFT for $100K to Support War Effort
20.6.2022
The NFT was given to the country in March near the start of its crypto fundraising campaign
‘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...
Hong Kong’s Hoo.com Expects to Re-open Some Token Withdrawals Today; Finblox Takes Steps to Address Liquidity
20.6.2022
Several Hong Kong-based crypto platforms have made changes to their policies amid the market upheaval and liquidity crunches
Bitcoin encuentra resistencia en $21K e inversores registran pérdidas por más de $7000M, según Glassnode
20.6.2022
Los datos de la blockchain muestran que los inversores salieron de posiciones adquiridas a precios mucho más altos en los últimos tres días
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 […]
UK Government Backtracks on Unhosted Wallet Data Collection Proposal
20.6.2022
The government said it didn't make sense to require all senders of funds to private crypto wallets to collect recipients' identification details
First Short Bitcoin ETF to List on NYSE
20.6.2022
Investment product provider ProShares will tomorrow list the U.S.'s first exchange-traded fund (ETF) allowing investors to bet against the price of bitcoin
Solana, Ether Lead Gains in Relief Rally, but Traders Say Macroeconomic Concerns Remain
20.6.2022
“It’s foolish to forgo the wider macro context in which crypto and finance operate,” one analyst said
Celsius Network Pauses AMAs With Customers Left in the Dark Over Withdrawals
20.6.2022
Crypto lending platform Celsius Network has paused AMAs (ask-me-anything) and Twitter spaces following its decision to freeze withdrawals last week
ParaSwap Launches Peer-to-Peer NFT Trading App
20.6.2022
The platform allows buyers and sellers to make transactions using their token of choice, with all non-Ethereum gas fees being refunded
Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior
20.6.2022
While digital currencies suffered this past month, non-fungible token (NFT) sales dropped by 74.44% during the last 30 days. Data shows that during the last seven days, NFT sales have slipped 17.33% lower than the sales recorded the week prior. NFT floor values for popular collections have...
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...
Babel Finance Reaches Debt Agreement With Counterparties After Withdrawal Freeze
20.6.2022
Hong Kong-based crypto lender Babel Finance has reached "preliminary agreements" with several counterparties and customers after a withdrawal freeze last week
Ex-Sushi CTO Raises $8M for NFT Lending Platform Astaria
20.6.2022
The platform, led by CEO Justin Bram of DeFi vet Joseph Delong, aims to provide instant liquidity for your JPEGs and should be available to the public by September
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 Sees Resistance at $21K as Investors Record Losses of Over $7B: Glassnode
20.6.2022
On-chain data shows investors exited positions acquired at much higher prices over the past three-day period
Litecoin Up by 7%; Will LTC Cross $100 in 2022?
20.6.2022
The founder Charlie Lee launched a new hashing algorithm in the name of Litecoin, which offers faster transactions than Bitcoin. Moreover, it is more scalable and suitable for P2P crypto transactions. Now merchants no longer have to wait an hour for Bitcoin-based transactions and can choose...
Gaming Firm Admix Reaches $300M Valuation Following Merger, Rebrand
20.6.2022
Gaming company Admix has teamed up with the metaverse's biggest building company, LandVault, to recruit major brands to the metaverse