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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
While ETHW Has Lost 35% in 2 Weeks, PoW Network’s Defi TVL Swelled by More Than 1,200%
18.10.2022
Since the cryptocurrency launched ethereumpow (ETHW) has seen spot market prices decline by close to 12% during the last seven days. Despite the fact that during the last two weeks ETHW has shed 35% in USD value, the network’s token economy and decentralized finance (defi) ecosystem...
Shiba Inu close to vital support; SHIB decline confirmed!
13.10.2022
Shiba Inu was a relatively huge buzz in 2021 when buyers expected the meme coin cryptocurrency economy to take an upside movement. Rather than overtaking its closest rival, Dogecoin, Shiba Inu consolidated near DOGE for a short while before finally succumbing to the selling pressure of previous...
From neglecting security to bad tokenomics, DeFi has played a hand in its own decline
12.10.2022
Tokenomics aimed at financing worthless models, rampant hacks, and a lack of real-world utility have played a role in the beleaguered crypto market's decline
Bitcoin, Ethereum Technical Analysis: ETH Falls to 9-Day Low Below $1,300
11.10.2022
Ethereum fell to a nine-day low during Tuesday’s session, as the U.S. dollar rose to a two-week high. The decline comes ahead of this week’s U.S. inflation report, which is expected to show consumer prices falling by 0.2% month-on-month. Bitcoin was also in the red during...
Biggest Movers: TRX Hits 4-Week High, MKR Remains Close to 2-Month Peak
10.10.2022
Tron rose to a one-month high in today’s session, hitting a key resistance point in the process. The surge in price comes despite cryptocurrency markets trading mostly lower on Monday. Another exception to this decline was maker, which remained close to an eight-week high. Tron (TRX) Tron...
Bitcoin profitability for long-term holders decline to 4-year low: Data
30.9.2022
The decline in profitability for long-term holders reached a level last seen during the peak of the bear market in 2018. However, the market bottomed and bounced back during the previous cycle
Market Wrap: Bitcoin Pushes Higher as Traditional Markets Decline
26.9.2022
Fear of a global recession impact equities and fiat currencies. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Bitcoin, Ethereum Technical Analysis: BTC Falls as Global Economic Slowdown Heightens
23.9.2022
Bitcoin was back in the red during Friday’s session, as the token was once again trading below $19,000. The recent decline comes as the global economic slowdown has become more apparent. This week, both the Bank of England and United States Federal Reserve have moved to increase interest...
Market Wrap: Cryptos Decline as FOMC Delivers Expected Rate Hike
21.9.2022
Expect the price of bitcoin and other riskier assets to bob and weave on the waves of macroeconomic uncertainty. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Chinese Currency Breaches 7:1 Exchange Rate Against US Dollar for First Time in Two Years
21.9.2022
The offshore exchange rate of China’s fiat currency versus the U.S. dollar recently breached the 7:1 mark for the first time in over two years, after it touched a new 2022 low of 7.0188 yuan for every dollar on September 15. Similar to other global currencies that have depreciated in 2022...
Guggenheim’s Scott Minerd Discusses ‘Greatest Investing Opportunity’ — Warns Stocks Vulnerable to Further Declines
21.9.2022
The chief investment officer of asset management firm Guggenheim, Scott Minerd, says that the current market has delivered “the greatest investing opportunity of a generation.” He also warned about some investments that he expects to decline further. Guggenheim’s Scott Minerd...
XRP price risks 30% decline despite Ripple's legal win prospects
19.9.2022
The Federal Reserve's rate hike spree will likely spoil XRP's most bullish fundamentals in years
Biggest Movers: ETC, UNI Slip to 2-Month Lows on Monday
19.9.2022
Ethereum classic fell to a two-month low to start the week, as prices in the cryptocurrency market continue to decline. Uniswap also slipped to a multi-month low on Monday, as the token hit its weakest level since July. As of writing, the global crypto market cap is down 5.08% Ethereum Classic...
Cardano Shows No Recovery Sign; ADA on the Verge of Another Decline!
16.9.2022
The Cardano platform is approaching the Vasil hard fork upgrade, while the remaining candidates have generated 94% of the blocks. Many experts think this hard fork is the second most anticipated event in the crypto industry. As a result, the ADA price is expected to rise in the next few weeks. ...