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NFT trading volume surges amid market and floor price crash
14.6.2022
Eight of the top 10 NFT projects have posted at least a 115% increase in 24-hour trading volume as the floor prices of many top NFT collections tumble
Bitcoin Dives to USD 21K, Ethereum Tests USD 1.1K, FTM, THETA, and GALA Rally
14.6.2022
Bitcoin price remained in a strong downtrend and traded below the USD 25,000 support zone. BTC tested the USD 21,000 level before recovering to almost USD 22,000 again. It is currently (03:51 UTC) trading near USD 21,900, with a major support near USD 20,500. BTC is down 14% in a day and 30%...
Illicit crypto usage as a percent of total usage has fallen: Report
14.6.2022
A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline
JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed
14.6.2022
The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to increase the rate by 75 basis points (bps). Last week, CME Group data indicated the market priced in...
Almost $100M exits US crypto funds in anticipation of hawkish monetary policy
14.6.2022
“What has pushed Bitcoin into a “crypto winter” over the last six months can by and large be explained as a direct result of an increasingly hawkish rhetoric from the US Federal Reserve,” CoinShares wrote
Skybridge Founder Advises How to Survive Crypto Bear Market — ‘We Are in a Bloodbath’
14.6.2022
Anthony Scaramucci, the founder of Skybridge Capital, a $3.5 billion asset management firm, has some advice for crypto investors on how to survive a bear market and a crypto bloodbath. Scaramucci on How to Survive Crypto Bear Market Skybridge Capital founder Anthony Scaramucci shared his bitcoin...
Bitcoin has support at $23K, but analysts warn of a dire drop to $8K as global debt unwinds
14.6.2022
BTC’s sell-off is easing slightly, but traders are afraid that negative newsflow and future U.S. interest rate hikes could push the price lower
Crypto users take to Twitter to lament the ongoing market downturn
13.6.2022
What goes up must come down. And then go up again. Then come down again. And on and on and on
Crypto Lending Company Blockfi Cuts Staff by 20%
13.6.2022
On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying off “roughly 20%” of its staff. The message written by Blockfi co-founders Zac Prince...
Market Wrap: Bitcoin Tumbles Most in 1 Year as Crypto Cracks Appear
13.6.2022
Bitcoin slumped to about $23,000, as the Celsius withdrawal halt combined with a sell-off in traditional markets to sour trader spirits
Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity
13.6.2022
After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped significantly in value and Tron’s founder Justin Sun spoke about traders shorting the digital...
Floor price of popular NFT collections collapse due to bear market
13.6.2022
Not even popular art collectibles could survive the wrath of the market downturn
Crypto crash wreaking havoc on DeFi protocols, CEXs
13.6.2022
Data points to capital flight among most major DeFi protocols
Top NFT Collections See Price Crash Amid Crypto Market Panic
13.6.2022
The floor prices of some of the top non-fungible token (NFT) collections are crashing in the market, both in ethereum (ETH) and US dollar terms.
The crash in NFT floor prices has accelerated over the past week for all three of today’s top NFT collections by trading volume; Bored Ape Yacht Club...
Biggest Movers: DOGE, SOL Hit 1-Year Lows as Cryptos Crash
13.6.2022
DOGE and SOL were some notable movers on Monday, as crypto markets were once again hit by a red wave. DOGE dropped to its lowest level since April 2021, whilst SOL was also trading close to a one-year low to start the week. Solana (SOL) SOL’s sell-off saw prices fall to their lowest level...
Crypto.com to Cut Almost 260 Jobs Amid Market Rout
13.6.2022
The company is the latest crypto firm to announce job cuts, including Gemini, Rain Financial and others
How to survive in a bear market? Tips for beginners
13.6.2022
Bear markets represent the most dreaded period in any investment cycle, but there are a few ways to stay ahead and weather the storm
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $24,000 to Lowest Level Since December 2020
13.6.2022
Bitcoin fell to its lowest level since December 2020 to start the trading week, as crypto markets continue to plunge. ETH also fell considerably on Monday, as prices declined by over 16%, falling below $1,200 in the process. Bitcoin Bitcoin fell to its lowest level since December 2020 on Monday,...
Bitcoin and Ethereum Bears in Control, Altcoins Crash Too
13.6.2022
Bitcoin price remained in a bearish zone below the USD 28,000 level and extended its decline below the USD 25,000 support. It is currently (04:49 UTC) down almost 14% and might even test the USD 23,200 support. BTC is also down 21% in a week....
Read More: Bitcoin and Ethereum Bears in Control...
Bitcoin, Ethereum & Crypto Dive as Celsius Adds Fuel to the Fed Fire This Week
13.6.2022
The bitcoin (BTC) and crypto market came under heavy selling pressure on Monday, fueled by fears in nearly all global risk markets related to high inflation and what the US Federal Reserve (Fed) might do to tame it. At the same time, the drama surrounding crypto lending platform Celsius (CEL)...