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US Fed to Blame for Downturn, Large Crypto Players Have Responsibility Toward Ecosystem - FTX CEO
20.6.2022
With crypto prices continuing to slide, Sam Bankman-Fried, the outspoken CEO of major crypto exchange FTX, argued that the US Federal Reserve (Fed) is to blame for the ongoing downturn, but that large companies such as his have a responsibility to step in and make efforts to contain...
What Ethereum use case can make ETH a $500B market cap asset: Community answers
20.6.2022
From a universal trustless authentication to decentralized autonomous organizations, Redditors discussed what use cases can drive Ether’s value up
Bitflex Commences BETA Testing With Zero-Trading Fees
20.6.2022
PRESS RELEASE. Seychelles, June 20, 2022 – Bitflex Inc. (the “Company,” “we” or “our”), a blockchain technology company in the global market, today announced that the Company will commence BETA testing of its cryptocurrency exchange and plans...
Bancor pauses impairment loss protection citing 'hostile' market conditions
20.6.2022
Veteran DeFi protocol Bancor came under heavy scrutiny for pausing the impairment loss protection program at a time when liquidity providers need it the most
Bancor Pauses Protection Mechanism Due to ‘Hostile Market Conditions’
20.6.2022
The decentralized finance (DeFi) protocol Bancor (BNT) said it has paused its impermanent loss (IL) protection mechanism due to what it calls “hostile market conditions.”
In an announcement published on Monday, the team behind Bancor said that impermanent loss protection has been “temporarily...
Crypto lending can still survive bear market, analyst says
20.6.2022
Bear markets are much more brutal for crypto lenders than cryptocurrency firms that don’t leverage users’ deposits, according to one Bitcoin analyst
Another Elon Musk-fueled DOGE Rally Ends With a Dump
20.6.2022
Dogecoin (DOGE) is struggling to hold onto its weekend gains, slipping following the latest Musk pump.
The popular meme coin had a banner day yesterday, pumping in value after Tesla and SpaceX CEO Elon Musk said that he would continue to support and buy the cryptocurrency....
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Bitcoin and Ethereum Inch Higher But Downtrend Intact, Altcoins Rally
20.6.2022
This past weekend, bitcoin extended losses below the USD 20,000 support level and even tested the USD 17,500 zone before the bulls appeared. It is currently (04:05 UTC) trading near USD 20,050 while a major hurdle is near USD 21,200. BTC is up 9% in a day and down 25% in a week....
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Bitcoin and Ethereum Inch Higher But Downtrend Intact, Altcoins Rally
20.6.2022
This past weekend, bitcoin extended losses below the USD 20,000 support level and even tested the USD 17,500 zone before the bulls appeared. It is currently (04:05 UTC) trading near USD 20,050 while a major hurdle is near USD 21,200. BTC is up 9% in a day and down 25% in a week....
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Kevin O’Leary Says He Won’t Sell Any Crypto Despite Downturn – ‘You Just Have to Stomach It’
20.6.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he is not selling any of his cryptocurrencies despite the crypto market downturn. “Long term, you just have to stomach it. You have to understand you’ll get volatility,” he stressed. Kevin O’Leary: I’m...
Tesla CEO Elon Musk Confirms He’ll Keep Buying and Supporting Dogecoin
20.6.2022
Tesla and Spacex CEO Elon Musk has reaffirmed his commitment to dogecoin (DOGE). He confirms that he will keep buying and supporting the meme cryptocurrency. The price of dogecoin climbed following his statements amid a crypto market downturn. Elon Musk Reaffirms Commitment to Dogecoin Tesla...
Salvadoran President to Bitcoin Investors: Your BTC Investment Is Safe, Will Immensely Grow After Bear Market
20.6.2022
The president of El Salvador has some advice for bitcoin investors. He believes investments in the largest cryptocurrency are safe and will “immensely grow” after the bear market. El Salvador’s President on Bitcoin Investments The president of El Salvador, Nayib Bukele,...
Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’
19.6.2022
During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous...
El Salvador president addresses bear market concerns with Bitcoin hopium
19.6.2022
As tensions rise amid falling BTC prices, President Nayib Bukele decided to share advice for fellow Bitcoin investors that may be concerned about the prolonged bear market
What’s a Bear Market?
19.6.2022
Vidhura S Tennekoon, Assistant Professor of Economics, IUPUI._____
A 16th-century proverb advises: “It’s unwise to sell a bear’s skin before catching it.” ...
Read More: What’s a Bear Market?
Gnox (GNOX), Cronos (CRO), And Dogecoin (DOGE) Are The Trio Which Will Defeat The Bear Market And Reward The Holders With Massive Profits
19.6.2022
How far will cryptocurrencies collapse? Is it a bottom line, or should we expect a further drop ahead? These are questions on every investor’s mind right now. However, battered investors still have hope to fall back on. Altcoins like Gnox (GNOX), Cronos (CRO), and Dogecoin (DOGE) appear to...
BIS to launch market intelligence platform amid stablecoin, DeFi collapse
19.6.2022
BIS’s cryptocurrency market intelligence platform will be launched under the Eurosystem Centre initiative to provide vetted data about crypto projects
Defi Protocol Abracadabra’s Stablecoin MIM Briefly Slides to $0.91 During the Crypto Market Rout
19.6.2022
Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic internet money (MIM) briefly dropped to a low of $0.914 per unit. The Abracadabra-issued stablecoin dropping in value follows the recent terrausd (UST)...
Crypto Market Tumbles As Bitcoin Breaks Previous Cycle's Highs
18.6.2022
Bitcoin’s price fell well below $19,783, the previous all-time high it notched in December 2017
Biggest Movers: BCH Higher to Start the Weekend, MATIC Hits 15-Month Low
18.6.2022
On a day where bitcoin broke out of its $20,000 support point, BCH bounced on its own floor, climbing higher on Saturday. BCH was up by nearly 7% to start the weekend, whilst MATIC fell to its lowest point since last April. Bitcoin Cash (BCH) Despite yet another red wave in crypto markets...