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Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior
20.6.2022
While digital currencies suffered this past month, non-fungible token (NFT) sales dropped by 74.44% during the last 30 days. Data shows that during the last seven days, NFT sales have slipped 17.33% lower than the sales recorded the week prior. NFT floor values for popular collections have...
Sberbank to Conduct First Digital Asset Transaction on Own Platform
19.6.2022
Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The announcement comes after earlier this year, the bank was authorized to issue digital financial assets. Sberbank...
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...
Ethereum risks another 60% drop after breaking below $1K to 18-month lows
18.6.2022
A 2018-like bearish cycle could have Ether drop toward $420 in the coming weeks
Tether's USDT market cap dips below $70B for an 8-month low
17.6.2022
Amid Tether losing market share over the past few weeks, the Circle-backed USDC stablecoin has been notably growing, with the market value surging to $55 billion
Bitcoin, Ethereum Technical Analysis: BTC Moves Away From $20,000 Following Historic Fed Rate Hike
16.6.2022
Bitcoin moved away from its recent low of $20,000 on Thursday, following a historic rate hike from the Federal Reserve. As inflation in the United States rose to a 44-year high of 8.6% last month, the Fed responded by hiking rates by 0.75%. ETH was also marginally higher today. Bitcoin BTC...
BNB Retests $200 Level Again Within a Month!
15.6.2022
Binance Coin turned BNB token; an ERC 20-based utility token, has made huge fame in the last two years. However, its real-life utility and applications have made it among the top-performing cryptocurrencies since its inception. Bitcoin tumbling to $20,000, ETH falling to $1050; how long could...
Bitcoin miners' exchange flow reaches 7-month high as BTC price tanks below $21K
15.6.2022
Bitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October 2020
EU Nears Agreement on Crypto Regulations, Report Reveals
12.6.2022
Authorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and related activities in Europe. According a media report, an agreement on the key legislation is likely to be reached as early as this month. Deal on EU Crypto...
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’
11.6.2022
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year...
Biggest Movers: WAVES, NEAR Hit Multi-Week Lows on Saturday
11.6.2022
NEAR fell to a one-month low to start the weekend, as prices moved below their long-term support point. WAVES was also lower during Saturday’s session, falling by as much as 14%. Overall, crypto markets are down nearly 5% as of writing. Near Protocol (NEAR) NEAR was one of the most notable...
Bitcoin, Ethereum Technical Analysis: ETH Falls to 15-Month Low to Start the Weekend
11.6.2022
Crypto prices plunged as the weekend commenced, following yesterday’s U.S. inflation report, which came in at a 40-year high of 8.6%. ETH fell to its lowest point in fifteen months, while BTC dropped below $29,000. Bitcoin Following days of consolidation, BTC finally moved late on Friday...
Bitcoin Price Outlook for June — Market Conditions Show Uncertainty
10.6.2022
Ten days into June, bitcoin continues to trade lower, with prices hovering close to a twelve-month low. Despite this, there continues to be optimism around potential rallies in price over the next few weeks. Overall, there is still a lot of uncertainty in the market, with the potential for either...
Biggest Movers: XTZ and LINK Surge to 1-Month Highs on Thursday
9.6.2022
Despite the crypto market trading lower today, Tezos and LINK both rose to one-month highs on Thursday. XTZ was up by 8.5% during today’s session, whilst LINK rose by nearly 9% in the day. Overall, the global crypto market cap is down 0.55% as of writing. Chainlink (LINK) LINK continued...
Biggest Movers: LINK Remains Near 1-Month High, as ADA Extends Bull Run
8.6.2022
LINK remained close to a one-month high earlier in today’s session, as crypto markets shook off some of Tuesday’s volatile moves. Although price volatility remained, bulls returned to show force, with ADA continuing to climb higher this week. Chainlink (LINK) LINK was trading around...
Crypto bank Custodia sues the Fed over 19 month delay on account approval
8.6.2022
Custodia wants to compel the Federal Reserve Board and its Kansas City branch to approve its application for a Fed master account within 30 days
Halo Infinite Finally Gets Co-Op Next Month, But As A Beta
8.6.2022
Halo Infinite will finally get some form of co-op for its campaign, 343 Industries announced today. It’ll be playable as one of those basically-just-a-beta “technical flights,” the same method the studio used last summer to get players into the first-person shooter’s initial multiplayer...
Biggest Movers: SOL Slips 10% as Crypto Bears Return to Action
7.6.2022
SOL neared a ten-month low on Tuesday, as bears returned to crypto markets during the session. Following a strong start to the week, markets turned red, with AVAX being another token to fall victim to the latest red wave. Solana (SOL) SOL was back in the red on Tuesday, as today’s sell-off...
Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink
6.6.2022
Non-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion settled but today, sales are down 65.43% to $1.59 billion. Furthermore, Google Trends data indicates that interest in NFTs has dropped to the lowest point since...
Is Solana a 'buy' with SOL price at 10-month lows and down 85% from its peak?
4.6.2022
SOL price still faces headwinds from its Bitcoin correlation, macro risks as well as Solana's downtimes