The stock market took a pounding in the first half of 2022. It’s now making new lows since Fed Chairman Jerome Powell’s decision to raise interest rates more aggressively, leaving stocks w...
News
Bitcoin Breaks $20K Support, This Could Be Next Support Price
After hovering around the $20,000 to $21,000 mark, Bitcoin is finally moving in the anticipated direction. As of writing, Bitcoin price is $18,926, down 10.47% in the last 24 hours, according to CoinM...
EU fears of being held to ransom by Russia over gas become a reality
Russia cutting gas supplies to Europe has long been one of the EU’s greatest fears. This week it became a reality. Moscow has blamed the decision to restrict volumes on the Nord Stream 1 pipeline to G...
Uniswap Holds above $3.00 as the Crypto Reaches Bearish Exhaustion
Jun 18, 2022 at 10:30 // Price The price of Uniswap (UNI) fell to its previous low of $3.57 on June 13. The bulls have consistently defended the previous low over the past month. The previous low of M...
Ethereum price risks a drop below $1K if these key price metrics turn bearish
Ether (ETH) price is down 37.5% in the last seven days and recent news reported that developers decided to postpone the network’s migration to a proof-of-stake (PoS) consensus. This upgrade is e...
Lifeless Market For Meatless Meat
The dream of plant-based chicken, pork and beef appears to be withering. Ross Mackay and Eliott Kessas emigrated from Scotland with a dream. The longtime vegans founded Daring Foods, a meatless chicke...
Liquidity Crisis for Crypto Lenders Arises as BTC and ETH Reserves Fall – crypto.news
Despite gains in the last 24 hours, the slow crypto market price recovery has not been sufficient to offset recent losses from the crypto crash, which affected the largest market cap holders Bitcoin a...
BlockFi among firms that liquidated Three Arrows collateral: FT
BlockFi was one of the companies that liquidated the collateral on a loan from Singapore-based crypto hedge fund Three Arrows, according to the Financial Times. The Block had previously reported that ...
Ethereum Set to Undergo Another Major Upgrade on June 29; Here’s What to Know
Contents What is Gray Glacier? Ethereum’s difficulty bomb The Ethereum network is expected to undergo a scheduled network upgrade at block 15,050,000, or around Wednesday, June 29, 2022. This da...
Should you buy the bitcoin crash? Even some crypto bulls are saying ‘Not yet.’
Bitcoin has been struggling this year. The market’s biggest cryptocurrency is down roughly 70% from November highs. Actions from the Federal Reserve and fears of a recession have placed consiste...
Another Stablecoin Magic Internet Money (MIM) Loses $1 Parity
Altcoin News MIM has fallen 7% in the last 24 hours and is now trading at $0.9456. Wonderland Treasury withdrew $57 million USDC from a MIM Curve liquidity pool. Since crypto markets began to unravel,...
Binance stops Brazilian transactions due to central bank policy
Binance, the leading crypto exchange platform, has stopped transactions through Pix in Brazil. Technically, the exchange stopped all deposits and withdrawals through the Brazilian government payment s...
Sweden Names Bitcoin Skeptic Erik Thedéen as New Central Bank Governor
Riksbank, the central bank of Sweden, said it had appointed bitcoin skeptic and current head of the national financial regulator Erik Thedéen as its new governor on Friday. Thedéen, director-general o...
Bottom Has Not Been Reached for Crypto, but Capitulation Is Needed
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Bitcoin’s (BTC) price fell back to a low of $20,...
BTC Price Dropped Below $20k, Is $12K The Next Bottom?
Bitcoin price continues to trade in red while trying hard not to fall below the $20,000 crucial support level. In the last 24 hours, the king coin is trading in the range of $20,400 and $21,240. The c...
Magic Internet Money (MIM) Stablecoin Depegs Amid Insolvency FUD
Magic Internet Money (MIM), the native token of the Abracadabra DeFi platform, is the latest stablecoin to lose its peg as crypto markets unwind. MIM, which is the 42nd largest stablecoin by market ca...
Bitcoin $10k scenario in play as BTC slumps below $19k extending losses
On June 18, the price of Bitcoin (BTC) fell below $20,000, the historic all-time high it reached in 2017 and also the lowest the flagship digital currency has dropped since December 2020. This comes o...
President of Panama Partially Vetoes Crypto Law Passed by National Assembly – Bitcoin News
Laurentino Cortizo, president of Panama, has exercised his veto powers to make a series of objections to the recently approved cryptocurrency law. The observations of the president only touch on certa...
US lawmakers urge EPA to consider the potential benefits of crypto mining
A group of 14 United States senators and House representatives have signed a letter to the Environmental Protection Agency extolling what they believe are the benefits of crypto mining. In a Thursday ...
Bitcoin Is Reaching Mid-Halving in Upcoming Months, Here’s How Price Bottomed In Previous Cycles
Arman Shirinyan Bitcoin’s halving may save market again, according to historical analysis With the massive correction on the crypto market, more traders and investors are switching from making s...
Binance Beacon Chain Becomes Open-Source
News BNB Beacon Chain open-source will advance many looming crypto projects. BNB is focused on building a parallel virtual economy with Metadata and Defi. The BNB Beacon Chain which was released at th...
London Residential Director Says Property Is Better Investment Than Crypto
As the crypto economy wobbles into deep water, it seems the trend where investors who once favored cryptocurrencies, including Bitcoin(BTC), is coming to an end, believes one realtor. Clynton Nel, a R...
A Bitcoin TOTAL Collapse might Happen, mostly due to Miners! Here’s why
Bitcoin crash: BTC prices continue to fall and dipped for the first time in 3 years below $20,000 The crypto market as a whole crashed by more than 7% in the past 24 hours alone A fundamental flaw in ...
Bitcoin Cheaper Than it Looks
Fidelity Director of Global Macro- Jurrien Timmer recently showed three on-chain metrics indicating that Bitcoin is undervalued. A few days ago in a post on Twitter, the director of Fidelity said that...
Bitcoin falls below $20k for the first time since 2020
Bitcoin has hit a new low in the current bear market. According to data from CoinMarketCap, BTC fell below $20,000 on Saturday morning. The 20,000 USD is a threshold that has been regarded as a crucia...
Is Terra’s LUNA 2.0 Still Under Threat? This Is What Industry Leaders Say!
The crypto town has been in a quagmire for a brief period of time, which now feels like an eternity. The torments left behind by factors like global recession, 3AC and Celsius-like crisis, have left...
Genesis Trading May Have Also Liquidated Three Arrows, Here’s Why
Genesis Trading CEO Michael Moro said the company has liquidated positions in a large counterparty that failed to meet a margin call earlier this week. Moro thinks it’s important for any company to pr...
Polkadot price analysis: DOT decline extends as it falls down to the $6 range
The Polkadot price analysis shows bears have extended their rule, as a strong correction in DOT price is observed today. The strong support at $7.3 has crashed today as market pressure continues, and ...
Polkadot Bulls Holds $7.18 Support as the Altcoin Resumes Upward
Jun 18, 2022 at 09:23 // Price On June 13, Polkadot (DOT) fell and retested the previous low of $7.18 and retreated. After retesting the previous low, the bears are eager to break it. The bulls defend...
XRP price technical breakdown boosts chances of a 40% drop by July
Ripple (XRP) price stares at potential losses in the coming weeks as it breaks out of a “descending triangle” pattern, with its bias skewed toward the downside. Major XRP breakdown underwa...