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Ethereum 2.0 vs. the top Ethereum killers|The Market Report
7.6.2022
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss Eth2 and how it compares to the competition
'Strongly Profitable' FTX Will Keep Hiring Despite Bearish Market - CEO
7.6.2022
Crypto exchange FTX is not going to slow down hiring new employees despite the adverse market conditions, because the company finds it significantly scaled its revenues and productivity during bullish times -- and is pursuing its hiring plans irrespectively of the industry's general performance...
Bitcoin, Ethereum Technical Analysis: ETH Plunges Below $1,800 as Red Wave Intensifies
7.6.2022
Following a move towards $32,000 to start the week, BTC was fighting to stay above $29,000 during Tuesday’s session. The red wave which captured bitcoin bulls, also overcame ETH, pushing prices nearly 8% lower, as of writing. Bitcoin Following a strong start to the week, bitcoin was once...
Bitcoin and Ethereum Struggle to Recover, BNB and SOL Dive
7.6.2022
Bitcoin price declined below the USD 30,000 support zone and even spiked below the USD 29,500 level before recovering. It is currently (11:36 UTC) consolidating losses above USD 29,500 and is down 6% in a day and 7% in a week.
Similarly, most major altcoins might extend losses. ETH could...
Kazakhstan’s central bank ‘isn’t going to ignore’ the crypto market
7.6.2022
According to the chairman, the central bank will decide on implementing its own digital currency by the end of 2022
BNB Stretches Losses as Binance Fights New Regulatory and Media Battles
7.6.2022
Binance coin (BNB), the native token of the world's largest crypto exchange Binance, has extended losses as new regulatory scrutiny and media investigation have once again put the exchange in the spotlight - albeit not in a positive manner....
Read More: BNB Stretches Losses as Binance Fights...
Bitcoin and Ethereum Reverse Gains, Altcoins Turn Red
7.6.2022
Bitcoin price tried to increase its gains above the USD 31,500 level but struggled to continue higher towards the USD 31,800 level. There was a sharp bearish move and the price is currently (04:07 UTC) trading near USD 29,500. BTC is down almost 6% in a day and 7% in a week.
Similarly, most...
Traders think Bitcoin bottomed, but on-chain metrics point to one more capitulation event
6.6.2022
BTC price gravitates around the low $30,000 zone, luring traders to believe the bottom is in, but data from Glassnode warns of another final sell-off
Market Wrap: Cryptos Climb Amid Lower Volatility; Sentiment Improves
6.6.2022
Bitcoin (BTC) has avoided significant downswings in price over the past two weeks. However, option traders continue to hedge against downside risk
LUNA 2.0 Token Loses 56% Since Last Week, Whistleblower Accuses Terraform Labs of Owning Shadow Wallets
6.6.2022
After climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the U.S. dollar. Amid the market performance, a number of former Terra-based decentralized finance (defi) projects are transitioning over to the new Phoenix-1...
2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months
6.6.2022
15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the top two tokenized gold coins have grown significantly since then. Pax gold (PAXG),...
Amid crypto bear market, institutional investors scoop up Bitcoin: CoinShares
6.6.2022
Bitcoin investment funds are seeing positive inflows while Ether funds continue to be drained, according to industry data
Avalanche price eyes 30% jump in June with AVAX's classic bullish reversal pattern
6.6.2022
But AVAX price is also forming a potential descending triangle that can spoil the upside chances
Bitcoin Ends Record-Long Losing Streak, BTC Inflows Grow, Ethereum Sees Outflows
6.6.2022
As bitcoin (BTC) ended a 9-week-long losing streak on Sunday, when a green weekly candle finally appeared on the bitcoin chart. The positive weekly close kicked off a green start of the new week on Monday, with gains across the board in the crypto market....
Read More: Bitcoin Ends Record-Long...
Biggest Movers: ADA up 13% on Monday, THETA Moving Towards Multi-Week High
6.6.2022
Crypto markets were mainly in the green to start the week, with several assets climbing by double digits on Monday. One of these was ADA, which rose by as much as 13% today. THETA also climbed higher, gaining nearly 15%. Cardano (ADA) ADA was one of the most notable movers on Monday, as prices...
Bitcoin, Ethereum Technical Analysis: BTC Surges Above $30,000 to Start the Week
6.6.2022
Following a weekend which saw bitcoin trading mainly in the red, prices rebounded to start the week. BTC was once again above $30,000 on Monday, while ETH climbed by over 5%. Bitcoin The world’s largest cryptocurrency was trading higher on Monday, as prices once again rose above the $30,000...
Bitcoin and Ethereum Extend Gains, ADA and SOL Outperform
6.6.2022
Bitcoin price started a decent increase above the USD 30,500 resistance, cleared the USD 31,200 resistance zone, and even tested the USD 31,500 level. BTC is currently (11:58 UTC) trading near USD 31,400 and is up almost 6% in a day and over 6% in a week. ...
Read More: Bitcoin and Ethereum...
Justin Sun's Tron Reveals More Details of USDD Backing in a Move to Distance It from UST
6.6.2022
Crypto entrepreneur Justin Sun’s blockchain Tron (TRX) has revealed details about the backing of its new algorithmic stablecoin USDD in what appears to be an effort to maintain confidence in the project following the collapse of major algorithmic stablecoin terraUSD (UST)....
Read More: Justin...
Bitcoin and Ethereum Gain Traction, ADA and SOL Accelerate
6.6.2022
Bitcoin price remained supported near the USD 29,500 level and started a recovery wave above the USD 30,500 resistance. It even broke USD 31,000 and is currently (04:10 UTC) eyeing more gains above the USD 31,200 resistance zone. BTC is up 5% in a day and 6% in a week.
Similarly, most major...
Bermuda confirms crypto hub ambitions despite market downturn
6.6.2022
“We are aware of the recent devaluation in the price of cryptocurrencies and remain confident that it does not threaten the island’s ability to become a crypto hub,” said Bermuda’s minister of economy and labor, Jason Hayward