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Alphabet, Microsoft and Now Meta Release Disappointing Quarterly Earnings
28.7.2022
Meta joined Alphabet and Microsoft in releasing disappointing quarterly financials, following the company’s Q2 earnings call. In a week of a disappointment for mega-cap stocks, the trio has all missed revenue and earnings expectations, with Meta seeing its first quarterly sales decline ever...
Coinbase's 20% Decline Leads Crypto Names Lower Following Report of SEC Probe
26.7.2022
Coinbase is facing hurdles from the crypto winter
Bitcoin ETFs and Open Interest From BTC Futures, Options Follow Crypto Economy’s Spot Market Decline
15.7.2022
Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $26.73 billion and over the last eight months, bitcoin futures open interest has dropped 60% down to $10.69 billion. Further, the bitcoin exchange-traded funds BITO...
70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months
10.7.2022
During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per unit. The crypto economy...
Biggest Movers: AVAX, SOL Slip by 14% on Wednesday, as Prices Near 1-Week Low
29.6.2022
SOL was down by as much as 14% on Wednesday, as prices fell close to a one-week low earlier today. In addition to this, AVAX saw a similar decline, as the token dropped for a fourth consecutive session, with prices moving below $20. Solana (SOL) SOL was lower in today’s session, as prices...
Ethereum sell-off resumes with ETH price risking another 25% decline in June
16.6.2022
Ether price is forming a bear pennant pattern whose profit target comes to be near $850
Biggest Movers: MATIC Slides to 1-Year Low as LINK Rebounds Following Losses
15.6.2022
MATIC fell to a one-year low on Wednesday, as crypto markets continue to crash this week. The decline sees MATIC almost 10% lower, and comes as LINK rebounded on Wednesday, hitting a four-day high in the process. Polygon (MATIC) MATIC was a notable mover on hump-day, as prices of the world’s...
Bitcoin, Ethereum Technical Analysis: BTC Falls to $20,000 Range, as Sell-Off Extends
14.6.2022
Bitcoin declined for an eighth consecutive session on Tuesday, as the crash in crypto markets continued. BTC fell to the $20,000 range for the first time since December 2020, whilst ETH hit $1,000, also recording a multi-year low. Bitcoin BTC was trading lower for an eighth consecutive day, with...
American Economists Are Baffled by an ‘Unusual Situation’ as Russia’s Ruble Is the World’s Best Performing Fiat Currency
9.6.2022
Two months after the Russian ruble fell below a U.S. penny, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are baffled by the “unusual situation” because a country facing stiff sanctions typically sees its fiat...
After record growth, VC crypto investments decline 38% in May
2.6.2022
Venture capital investments in the crypto industry have almost doubled since last year, but are down 38.2% down since April
First Mover Americas: BTC Starts June Trading Flat, Alts Decline
1.6.2022
The latest moves in crypto markets in context for May 31, 2022
Nvidia’s Crypto Mining Chip Revenue Now 'Nominal' Following Months of Decline
25.5.2022
A drop in crypto mining chip sales dragged down the chipmaker’s OEM business unit year-over-year
GPU prices are still on a decline: Is Bitcoin’s sorrow gamers’ joy?
25.5.2022
Times are hard for Bitcoin and other cryptocurrencies, but gamers are in luck, as GPU prices are now more affordable
Market Wrap: Cryptos Decline Amid Bearish Sentiment
24.5.2022
Bitcoin (BTC) and other cryptos traded lower on Tuesday. Bearish sentiment remains at extreme levels among crypto traders, and analysts expect a period of lower returns
Market Wrap: Cryptos Decline Amid Choppy Trading, DeFi Tokens Underperform
20.5.2022
Risk-off conditions remain intact as volatility returns to stocks and cryptos. Meanwhile, DeFi tokens are lagging behind bitcoin (BTC)
Terra contagion leads to 80%+ decline in DeFi protocols associated with UST
11.5.2022
Projects associated with Terra suffer losses of more than 80% as contagion spreads. Meanwhile, Maker (DAI) gets a boost as traders look for other decentralized stablecoin options
First Mover Asia: Crypto Market Decline Underlines Its Unpredictability; Bitcoin Holds at $31K
11.5.2022
Most signs have pointed downward, but predicting price trends in the days and weeks ahead is difficult; cryptos have a mixed day
Recent Bitcoin Bull Run and Prior Run-up Data Suggests a Softer Bear Market Is in the Cards
4.5.2022
It’s been six months or roughly 180 days since bitcoin reached an all-time high at $69K per unit on November 10, 2021, and bitcoin’s USD value is down 45% from that point. Typically after bitcoin’s price tops, the bear market that follows leads to a large 80% or more decline...
Fed FOMC comments and Bitcoin ‘bear channel’ could kickstart a decline to $28K
2.5.2022
Crypto market weakness continues into May as analysts suggest that deteriorating sentiment could lead Bitcoin price to re-test $28,000
Biggest Movers: NEAR Hits 1-Month Low, XMR Down 12%
27.4.2022
NEAR saw recent losses extend on Wednesday, as it fell to a one-month low during today’s session. The decline in NEAR came as XMR also traded in the red, falling to a multi-week low in the process. NEAR Protocol (NEAR) NEAR was one of the biggest tokens to fall on hump-day, as prices fell...