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Price analysis 5/11: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
11.5.2022
The implosion of the Terra ecosystem appears to be manifesting contagion that is negatively impacting Bitcoin and altcoins
Crypto Market Dives – and Rebounds – Following UST De-Peg, US Inflation Report
11.5.2022
Bitcoin (BTC), ethereum (ETH), and the broader crypto market experienced a sharp correction today after the terraUSD (UST) stablecoin collapsed, and an inflation report in the US revealed higher-than-expected price rises. However, prices later turned around, marking a strong recovery for...
US Inflation for April Hits 8.3%, Slightly Above Expectations
11.5.2022
US inflation hit 8.3% in April, down from a peak of 8.5% the month before, but still above expectations, new data from the US Bureau of Labor Statistics show.
“Over the last 12 months, the all items index increased 8.3% before seasonal adjustment,” the announcement said, adding that price...
Bitcoin, Ethereum Technical Analysis: ETH Bounces Back, up 2%, While BTC Climbs Above $30,000
11.5.2022
Following a fall below $30,000 on Tuesday, BTC marginally rebounded, as prices began to consolidate above support. ETH was also higher in today’s hump-day session, climbing above $2,400 in the process. Bitcoin Bitcoin’s bleeding somewhat eased on Wednesday, as a marginal rebound...
KuCoin Valued at USD 10B, Three New Crypto ETFs, Circle's 'Decentralized Identity' + More News
10.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: KuCoin Valued at USD 10B, Three New Crypto ETFs, Circle's 'Decentralized Identity' + More News
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000, Is 55% Below Its Record High
10.5.2022
Bitcoin plunged below $30,000 for the first time in eleven months, as bears continued to run rampant in crypto markets. This move came as Luna Foundation Guard was said to be liquidating close to $1.5 billion worth of BTC. Ethereum also fell to multi-month lows, as prices hovered slightly above...
Bitcoin & Crypto Selloff: Liquidations, Extreme Fear, Eyes on MicroStrategy, and Possible Support Levels
10.5.2022
Bitcoin (BTC) and the broader crypto market went into a sharp selloff over the past day, led lower by a de-pegging of the partially BTC-backed stablecoin terraUSD (UST) and a falling risk sentiment globally....
Read More: Bitcoin & Crypto Selloff: Liquidations, Extreme Fear, Eyes on MicroStrategy...
Bitcoin On-Chain Metrics Strongest Among Peers - Kraken
9.5.2022
Key on-chain metrics tracked by the crypto exchange Kraken show that the Bitcoin (BTC) network last month had healthier on-chain fundamentals than most other blockchain networks, according to a monthly report for April....
Read More: Bitcoin On-Chain Metrics Strongest Among Peers - Kraken
Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT
9.5.2022
BTC and many altcoins are fast approaching the “capitulation phase”, which is typically followed by the market finding a bottom
Instagram Starts Testing NFTs, Roubini's Dollar Replacement Plan, Bitcoin Inflows Return, Ethereum Outflows Slow Down + More News
9.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Instagram Starts Testing NFTs, Roubini's Dollar Replacement Plan, Bitcoin Inflows Return, Ethereum Outflows Slow Down...
Ukraine's New Fundraising Platform Supports Over 100 Cryptos
9.5.2022
Ukraine's President Volodymyr Zelenskyy has launched a new fundraising platform, dubbed United24, which accepts donations in more than 100 different cryptoassets.
The list of supported cryptoassets ranges from popular cryptos like bitcoin (BTC), ethereum (ETH), binance coin (BNB), to recently...
Bitcoin, Ethereum Technical Analysis: BTC Slips to 10-Month Low, Below $33,000
9.5.2022
BTC fell to its lowest level since last July, as prices dropped below $33,000 to start the week. The selloff in cryptocurrency started last week, following the Fed’s decision to hike interest rates by 0.5%. In addition to bitcoin, ETH hit a two-month low as a result of the red wave. Bitcoin...
Catching the Falling Knife: Bitcoin, Ethereum Down 50% From All-Time Highs — Billions Leave Crypto Economy
8.5.2022
The crypto economy has dropped considerably in value during the last five weeks, slipping 23.28% from $2.19 trillion to today’s $1.68 trillion. Furthermore, both bitcoin and ethereum are awfully close to sinking 50% below the all-time highs recorded six months ago. Bitcoin Sinks Lower...
Robinhood Lists Grayscale’s Bitcoin and Ethereum Trusts
8.5.2022
On May 6, the financial services company Robinhood announced the firm has listed Grayscale’s Bitcoin Trust (GBTC) and Ethereum Trust (ETHE). Robinhood customers can now gain access the crypto investment products in order to get exposure to bitcoin or ethereum without actually owning...
Bitcoin, Ethereum Technical Analysis: ETH Remains Close to 6-Week Low to Start the Weekend
7.5.2022
Following a recent string of declines, ETH continued to hover close to a six-week low to start the weekend. BTC was also lower on Saturday, as the world’s largest cryptocurrency remained closer to a two-month low. Bitcoin BTC was once again trading lower on Saturday, as prices were battling...
Anchor Protocol rebounds sharply after falling 70% in just two months — what's next for ANC?
7.5.2022
The total value locked inside the Anchor Protocol's liquidity pools reached an all-time high earlier this week
Uniswap Has Deeper Liquidity Than Coinbase & Binance, Uniswap Co-Authored Study Claims
6.5.2022
The popular decentralized exchange (DEX) Uniswap (UNI) has deeper liquidity in several important crypto trading pairs than even the largest centralized exchanges such as Binance and Coinbase, according to a new study, co-authored by a researcher at Uniswap....
Read More: Uniswap Has Deeper...
Bitcoin, Ethereum Technical Analysis: BTC Falls to 2-Month Low Following the Latest NFP Report
6.5.2022
Bitcoin fell to its lowest level in over two months, as Friday’s non-farm payrolls report showed an addition of 428,000. It was expected that last month’s payrolls would show an increase of 391,000 jobs — lower than March’s figure of 431,000. ETH also fell on the news...
Bitcoin, Ethereum Technical Analysis: BTC Heads Towards $40,000 Following FOMC
5.5.2022
Bitcoin moved closer to $40,000 during Thursday’s session, as traders continued to react to yesterday’s Fed rate hike. The FOMC opted to increase interest rates by 0.5% during May’s meeting, which is the largest hike in over twenty years. Bitcoin Bitcoin rose for a second...
Renowned Luxury Brand Gucci to Accept Bitcoin, Ethereum Payments in the US
5.5.2022
Italian luxury brand Gucci will accept crypto payments across five flagship stores in the US by the end of the month and aims to expand the pilot to include all of its directly-operated stores in North America by this summer....
Read More: Renowned Luxury Brand Gucci to Accept Bitcoin, Ethereum...