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Bitcoin Funds See Weekly Inflows as Analysts Debate ‘Bounce’
30.5.2022
Investment funds backed by bitcoin (BTC) and crypto once again saw inflows last week, as BTC extended a now 9-week-long losing streak. At the same time, some analysts are turning positive on the near-term outlook for bitcoin in particular, predicting a “bounce” to the upside in June.
According...
Desperate LUNA Investor Arrested, New Terra Network Announced, Davos Blockchain Talk, and More — Bitcoin.com News Week in Review
29.5.2022
From a desperate investor’s ill-advised visit to Terra co-founder Do Kwon’s house resulting in an arrest, the announcement of a new Terra network, and blockchain talk at Davos, to predictions of U.S. economic collapse if inflation isn’t reigned in quickly, there’s...
While Stocks Rebound, Analysts Discuss Bitcoin’s Decoupling, Gold Markets Remain ‘Under Pressure’
27.5.2022
U.S. equities markets jumped on Thursday as stock traders saw some relief after a number of weekly losses. All the major stock indexes rebounded after falling for nearly eight weeks in a row, while the crypto economy took some losses on Thursday, losing roughly 4% against the U.S. dollar during...
US Senator Cruz ‘Incredibly Bullish’ on Bitcoin — Says ‘I Have a Weekly Buy’
26.5.2022
U.S. Senator Ted Cruz says he is “incredibly bullish” on bitcoin and purchases the cryptocurrency weekly for his portfolio. Emphasizing that cryptocurrency “will change the world,” the senator said, “Uncontrolled, decentralized currency is terrifying for those...
Bitcoin price returns to weekly lows under $29K as Nasdaq leads fresh US stocks dive
24.5.2022
BTC price action remains at the mercy of equities performance at the Wall Street open
Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report
22.5.2022
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via...
Prepare for Recession: Musk and Goldman Sachs’ Blankfein Weigh In; Galaxy Digital’s CEO Talks on Terra Collapse — Bitcoin.com News Week in Review
22.5.2022
This week, both Goldman Sachs’ Lloyd Blankfein and Tesla boss Elon Musk weighed in on the issue of an impending recession in the U.S., issuing sobering estimations. In the wake of Terra’s epic implosion, the topic is all the more critical, but LUNA-tattooed Galaxy Digital CEO Mike...
Bitcoin targets record 8th weekly red candle while BTC price limits weekend losses
22.5.2022
The weekly chart looks decidedly grim for BTC/USD despite a lack of volatility over the weekend
Terra’s Big Backers, Shanghai Court Declares Bitcoin Property, BTC Obituaries, and Triple Top Hopes — Bitcoin.com News Week in Review
15.5.2022
With the nightmare nosedive of Terra’s LUNA and UST, the Shanghai High People’s Court declaring that bitcoin is virtual property protected by Chinese law, a surge in Bitcoin Obituaries, and some hoping for a rare triple top to appear for BCT, the past week has been full of shock...
Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64%
14.5.2022
As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collections like Bored Ape Yacht Club (BAYC), Cryptopunks, and more have seen their floor values drop between 2-25% in the last 24 hours. NFT Floor Values Take a Significant...
UST Competitor Maker Erases Weekly Gains
12.5.2022
The price of the stablecoin protocol Maker’s governance token MKR has erased all of its gains from this week, after spiking up by close to 90% on Wednesday.
At the time of writing (12:18 UTC), MKR was trading at USD 1,117, down by 27% for the past 24 hours and down by 25% for the past...
Terra’s LUNA Drops to Under $8 After 90% Weekly Plunge
11.5.2022
Value locked on Anchor, Terra’s largest DeFi protocol, dropped some $11 billion in the past two days
Crypto Downturn Shakes Digital Collectible Markets as NFT Sales Slip 42% Lower Than Last Week
10.5.2022
Non-fungible token (NFT) markets are starting to feel the pain from the crypto market carnage that’s taken place during the last week. Over the last seven days, NFT sales have dropped 42.85% lower than the previous week. NFT sales on Ethereum were hit the hardest as the blockchain saw...
NFT markets slump as weekly sales volume dives 30%
9.5.2022
MAYC, BAYC, and Otherdeed trading volumes are all way down, as are volumes in the entire NFT market, possibly signaling a general cooldown in the industry
Joe Rogan Says Bitcoin Is ‘Freaking Out’ Government, the Latest on Inflation, and More — Bitcoin.com News Week in Review
8.5.2022
Another whirlwind week in crypto draws to a close, and of course there’s no shortage of spicy stories and new, compelling narratives in the world of innovative digital money. This week, Elon Musk gives investment advice, United States Securities and Exchange Commission chair Gary Gensler...
$1.7 Billion in NFT Sales Fueled by Otherdeed Trades — NFT Volume Jumps 74% Higher Than Last Week
6.5.2022
With the help of the Bored Ape Yacht Club’s Otherside land sale, non-fungible token (NFT) sales have increased a great deal this week. NFT sales increased 74.77% during the last seven days, capturing $1.71 billion in sales volume among 266,918 traders. 7-Day NFT Sales Volume Jumps 74%...
Bitcoin Funds Sees Largest Weekly Outflows in a Year, ‘Hawkish Rhetoric’ to Blame
4.5.2022
Investment funds backed by bitcoin (BTC) last week saw their largest outflows for a single week since June of 2021, with USD 132.7m being withdrawn by investors, according to data from the crypto investment and research firm CoinShares....
Read More: Bitcoin Funds Sees Largest Weekly Outflows...
Damn, Some Halo Infinite Players Actually Completed Every Weekly Challenge
2.5.2022
When Halo Infinite launched last fall, it came with something new to the franchise: weekly rewards. Some players said these challenges “weren’t Halo” and wrote them off. Others deemed them tedious and unrewarding. But a select few actually stuck with the slog for the entire season. Kotaku caught...
Bitcoin repeats rare weekly chart signal that resulted in 50% BTC price dips
26.4.2022
Two moving averages warn of a bear market-style price floor in the making, says analysis one month after Bitcoin's weekly chart "death cross."
Bitcoin sets up lowest weekly close since early March as 4th red candle looms
24.4.2022
It's touch and go as to whether BTC can avoid its first four weekly candles in the red since June 2020