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Coinbase CEO Armstrong Confirms Street Expectations for a 50%-Plus Decline in Revenue in 2022
7.12.2022
Analysts previously estimated Coinbase’s annual revenue in 2022 to drop to roughly $3.3 billion this year
Biggest Movers: DOGE, LINK Fall to 10-Day Lows on Wednesday
7.12.2022
Dogecoin fell to a ten-day low on Dec. 7, as the meme coin extended a recent decline, falling for a third consecutive session. Overall, cryptocurrency markets have been mostly bearish in today’s session, and are down 1.07% as of writing. Chainlink was another notable token to fall, and is currently...
Oryen Network sways investors with 250% price jump during Presale, while Algorand, Solana, and Lido DAO decline sharply
2.12.2022
Oryen Network continues to pump, and early investors look ready to lock in enormous gains at launch. This next-gen staking protocol has left the competition in the dust. And these incredible gains come when even established projects like Algorand, Solana, and Lido DAO suffer a sharp decline. This...
Bitcoin mining revenue lowest in two years, hash rate on the decline
27.11.2022
The total Bitcoin mining revenue — block rewards and transaction fees — in U.S. dollars fell down to $11.67 million, a number last seen on Nov. 2, 2020, when Bitcoin’s trading price was around $13,500
Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’
21.11.2022
On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase on Sunday has pushed the difficulty rating to another all-time high, from 36.76 trillion to the current...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Decline as USD Strengthens Following Retail Sales Data
17.11.2022
Bitcoin was in the red for a second consecutive session, as markets continued to digest the latest U.S. retail sales figures. Sales rose by more than expected in October, coming in at 1.3%, versus expectations of a 1% increase. The result fueled market belief that the U.S Federal Reserve will...
Crypto Market Slides After Genesis Withdrawal Halt, but Big Investors May Hunt for Bargains
16.11.2022
Most digital assets trade lower on Wednesday as another crypto firm gets hit by the FTX contagion. Some analysts see enduring interest from institutional investors – possibly at an even lower entry price than previously contemplated
The Silver Lining of a Crypto Market Decline: Tax Savings
15.11.2022
Bitcoin, Ethereum Technical Analysis: BTC Climbs to $17,000 as Weaker USD Overshadows SBF’s Cryptic Tweets
15.11.2022
Bitcoin was trading marginally higher on Nov. 15, as the U.S. dollar continued to weaken, dropping to multi-month lows versus several G7 currencies. The decline of the dollar overshadowed tweets from FTX’s Sam Bankman-Fried, who cryptically tweeted “What happened” to his...
Biggest Movers: FTT Down 30% on Tuesday, Falling to 21-Month Low
8.11.2022
FTX token continued a recent sell-off on Tuesday, as prices slipped to their lowest level since February 2021. The decline comes as traders liquidated their positions, following recent tweets from Binance CEO Changpeng Zhao. CZ initially stated that the exchange would liquidate all its FTT, however...
Bitcoin continues to decline; Is it worth buying in 2022?
8.11.2022
Bitcoin is the largest cryptocurrency based on the market cap with a hard cap on coin circulation, which makes it one of the most popular digital assets in the world. From the USA to Australia, crypto enthusiasts love to treat it as an asset. Still, after Ethereum’s Merge upgrade, many people...
Nigerian Currency Redesign Controversy: Naira Slips by Almost 20%, Experts See Exchange Rate Reaching 1,000:1 USD Before Year End
5.11.2022
The Nigerian currency appeared to accelerate its decline versus the U.S. dollar after it slipped to a new low of 900 naira for every dollar. The currency has continued to depreciate even after the Economic and Financial Crimes Commission’s raid on suspected illegal foreign exchange dealers....
The World’s Weakest Currency, Kiyosaki Says Greenback Is ‘Toast,’ IRS Crypto Tax Update and More — Bitcoin.com News Week in Review
30.10.2022
In this week’s hottest stories from Bitcoin.com News: the Ghanaian cedi’s recent slide to a new low against the USD, Rich Dad Poor Dad author Robert Kiyosaki weighs in on Saudi Arabia’s move to join the BRICS nations, the United States Internal Revenue Service updates tax filing...
Blockchain.com Seeks New Funding at $4 Billion Valuation – 70% Decline From Previous Round
28.10.2022
Major crypto company Blockchain.com is allegedly in talks over down-round fundraising that could see its valuation slashed by more than 70%.
The crypto exchange reportedly aims to raise funds at a fraction of the $14 billion valuation it achieved earlier this year, Bloomberg reported Thursday...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit 6-Week Highs as Dollar Loses Steam
26.10.2022
Bitcoin rose to its highest level in six weeks on Wednesday, as the U.S. Dollar continued to weaken versus several G7 currencies. The latest decline in USD comes as consumer confidence in the United States fell by more than expected in October. Ethereum was also trading at a multi-week high...
Aptos Price Dump Incoming – 3 Low Cap Altcoin Alternatives Not Pumped by VCs
26.10.2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The price of Aptos (APT) has fallen by 1% in the past 24 hours, dipping to $9.11. This represents a 33% decline for the new altcoin in the past week, at...
Swiss Seba Bank launches NFT custody despite market decline
26.10.2022
Seba Bank’s retail and institutional clients can now store tokens of Ethereum-based NFT collections like Bored Apes and CryptoPunks in the bank's new custodial service
Friday after-work drinks with Twitter's new owner Elon Musk, who's in?
26.10.2022
After Elon Musk signaled his intention to continue the deal to buy the social media platform earlier in October, reports are emerging that the acquisition is almost over
Biggest Movers: QNT Rebounds on Friday, UNI Extends Recent Decline
21.10.2022
Quant ended a streak of three consecutive declines on Friday, as prices rebounded following recent losses. The move saw the token bounce towards its recent resistance level of $180.00. Uniswap, on the other hand, remained in the red, falling below a key support point in the process. Quant (QNT)...
Market Wrap: Crypto Prices Decline Slightly as Trading Volumes Continue to Sag
18.10.2022
Bitcoin and ether volatility have also been declining but the futures estimated leverage ratio for both has been rising. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets