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Crypto Markets Lost $50B in 2 Days as BTC Slumped Towards $20K (Market Watch)
Following the relatively calm weekend, bitcoin started to lose value gradually and dipped towards $20,000. Most altcoins are also in the red today, with the most notable drops coming from Solana, Aval...
Terra projects continue to migrate to Polygon 1
Crypto projects formerly based on the Terra blockchain are now dumping the network in favor of the popular network, Polygon. According to a report, about 48 projects have formed an alliance which has ...
Celsius Lowers Aave, Compound Debt Amid New Restructuring Plans
Beleaguered crypto lender Celsius continues its strategy to pay off outstanding Aave and Compound loans after it paid off its Maker loan last week. However, the company has now hired Kirkland & El...
Ethereum Exchange Withdrawals Reach 14-Month Lows: Glassnode
– Advertisement – Ethereum holders keep ETH on exchanges. Glassnode Alerts, in a tweet on Monday, reveals that weekly Ethereum outflows from exchanges have tapped 14-month lows of only abo...
Bitcoin (BTC) Reaches Weekly Close Above $20,000 But Trouble Could Still Be on the Horizon
Bitcoin (BTC) created a bullish candlestick during the week of July 4-11 but failed to engulf the preceding weekly bearish candlestick and created a long upper wick. Bitcoin has been falling since rea...
Celsius Hires New Lawyers for Restructuring: WSJ
Celsius Network LLC has hired new lawyers to advise the troubled cryptocurrency lender on restructuring, according to a report from the Wall Street Journal (WSJ). The much-needed restructuring plan ha...
Wall Street Sees Bitcoin Plummeting to $10K (Survey)
A recent study conducted by MLIV Pulse revealed that 60% of the surveyed Wall Street investors believe bitcoin dropping to $10,000 is a more possible scenario than the asset rising to $30,000. The pol...
Should Bitcoin Cash investors opt for dollar-cost-average strategy
Bitcoin Cash [BCH] experienced one of its most intense bearish seasons in the last three months. It dropped below $100 for the first time since early 2019- a sign of the heavy toll that it suffered un...
USD/JPY prediction ahead of US consumer inflation data
The USD/JPY price jumped to a multi-decade high on Monday as the Japanese yen crash accelerated. The pair is trading at 136.83, which is about 8.8% above the lowest level in May this year. It has rise...
Vauld To Reveal Backup Plan Amid Nexo Deal Talks, Customer Fears
As Vauld customers await a plan towards resolving the fund crisis, the company looks all set to reveal an update. Also, the company is yet to reveal how the talks with Nexo are going with respect to a...
Manchester City & OKX announce official training kit partnership
Cryptocurrency platform OKX has today announced that it will be the Official Training Kit Partner of Manchester City for the 2022/2023 season. The deal, which is said to be one of the biggest in Engli...
Quant (QNT) Registers Gains In Past Days
On Saturday, the price of Quant (QNT) extricated from the seven-month-old falling wedge formation. With the continuing retest phase on Monday, buyers will verify the legitimacy of the breakout. QNT is...
Tesla stock levels to watch as Twitter deal falls through
On Friday, July 8, Tesla (NASDAQ: TSLA) CEO Elon Musk said that he would terminate his Twitter (NYSE: TWTR) purchase agreement. Musk said he was going to pull out of the deal because of a material bre...
Ethereum’s Price Being Pushed Down by FTX, Here’s How
Arman Shirinyan Ethereum’s downtrend is far from being over as more exchanges offer high interest rate to those who are willing to short FTX centralized exchange could be one of the biggest sour...
Cryptocurrency Is Coming to Your Credit Cards
Cryptocurrencies are a volatile investment today, but card companies including Visa Inc. and Mastercard Inc. are betting crypto will one day be used routinely for everyday purchases from food to cloth...
What is Aavegotchi? BIG Aavegotchi Updates for 2022 You DON’T Want to Miss!
The world of gaming and NFT has lately witnessed a major wave. Integrating various noteworthy crypto and DeFi projects into the functional world is certainly what crypto investors are looking at. In f...
U.S.: where crypto mining is most profitable
Analyzing reports on the cost of energy in individual U.S. states, Hawaii is the state where it is less convenient to mine. U.S. states where crypto mining costs the least Average cost to mine 1 BTC ...
Is There Still Opportunity In Today’s Crypto?
Bitcoin has been making waves ever since it was first thought up. Recently, the prices of Bitcoin have plummeted quite a bit, recently falling below their December 2020 low of $20,000 per Bitcoin, cau...
Cardano price analysis: ADA travels low as bears cause a downturn towards $0.449
The latest Cardano price analysis shows a decreasing trend as the bearish momentum seems to be intensifying in the last 24 hours. The past weeks proved crucial for cryptocurrency’s progress, as the pr...
Bitcoin, Ethereum and Near Protocol price analyses
Bitcoin Analysis Bitcoin’s price failed to bullishly engulf the weekly timescale on Sunday after sellers controlled the last 12 hours of trading. When traders settled up at the session’s close on Sun...
Hope for depositors? Celsius repays $20 million to Aave
The cryptocurrency loan company Celsius ran into financial problems amid the bear market, and it has since been struggling with operations. Although the firm stands a high chance of pushing for bankru...
Stellar Lumen (XLM) Price Remains At Risk of Bearish Break
Stellar lumen price started a fresh decline from the $0.1180 resistance against the US Dollar. XLM price is now trading below $0.1120 and the 55 simple moving average (4-hours). There is a key bearish...
Ripple Accuses SEC of Taking “Extreme Position” on Expert Reports
Alex Dovbnya Ripple and SEC fight it out over expert witness reports as suit rages on The defendants in the Ripple case have accused the U.S. Securities and Exchange Commission of taking an “ext...
Boeing to possibly cancel the Max 10
It seems as if troubles for Boeing (NYSE: BA) shareholders are not over yet, as the company mulls shelving the Max 10 airplane production. Namely, Dave Calhoun, BA CEO, hinted at this possibility when...
Whereabouts of 3AC Founders Unknown, Court Filing Says
A court filing shows that the current locations of 3AC founders Kyle Davies and Su Zhu are unknown. The development adds to the already tense situation of the company. Reports are emerging that the fo...
Is Tullow Oil stock a good buy ahead of earnings?
Tullow Oil (LON: TLW) share price pulled back on Monday morning as investors waited for the company’s upcoming results. The shares are trading at 44.26p, which is about 12% above the lowest level this...
CoinFLEX outlines plan to recover $84 million, raise capital from new investors
Crypto exchange CoinFLEX has begun arbitration proceedings in Hong Kong to recover $84 million in losses from a client, it said in a blog post today. The company paused withdrawals last month after Co...
Bitcoin Price To Drop 50% More
For a week the leading cryptocurrency by market capitalization, Bitcoin has managed to stay above $20,000 fluttering between $20,000 and $21,000 price levels. Now the flagship currency is depicting mi...