The FTX and Alameda’s investigation continue to uncover nasty activities in the cryptocurrency market. While FTX officials purport to have identified about $5 billion worth of FTX digital assets, Cinn...
Tag: Market
Is this a bull run or a bull trap? Watch The Market Report live
This week on The Market Report, the resident experts at Cointelegraph discuss whether the recent and long-awaited Bitcoin (BTC) price rally is a bull run and the beginning of the next bull market or w...
A Large Crypto Market Maker Is Already Distancing Itself From New 3AC Venture
The new company is aiming to “lead the global progression towards greater financial transparency, liquidity and certainty” by initially soliciting claimants in the bankruptcies that have s...
DOT token Price corrects down to $5.95 after a bearish market outlook – Cryptopolitan
Editah Patrick Editah is a versatile fintech analyst with a deep understanding of blockchain domains. As much as technology fascinates her, she finds the intersection of both technology and finance mi...
Developers Are Still Flocking to Crypto Depsite Bear Market
The number of developers flocking to the crypto industry continues to grow, even in a year-long bear market. According to a Jan. 17 report by Electric Capital, the number of active developers has doub...
SHIB’s market cap grows $1.7 billion in a week as bullish meme coin sentiment rises
Although the substantial price increases in the cryptocurrency sector since the year’s turn have started to slow down, Shiba Inu (SHIB) is still recording powerful advances on its charts, positioning ...
Hedera price up 41% in 2 weeks: more than just a mere market recovery
The native token of Hedera Hashgraph, one of the strong contenders in the decentralized finance (DeFi) space, has come out as one of the largest gainers amidst the current crypto market recovery. Hede...
Head Chef Says DEX Aggregator Will 10x SushiSwap’s Market Share
Just one month after issuing a warning about a huge deficit in its treasury, the Chief Executive Officer of the decentralized exchange (DEX) SushiSwap has announced many planned changes to the platfor...
Coinbase halts operations in Japan citing ‘market conditions’
Crypto exchange Coinbase has paused its business in Japan and has advised customers to withdraw their assets from the platform, the company announced on Wednesday. Coinbase blamed the current ma...
Bitcoin Bulls Greatly Influence the Crypto Market
The top virtual currencies were in a state of divergence at the start of trading. BTC has observed an incredible leap of 18.18% throughout the past seven days. On January 17th, the top virtual currenc...
Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn – Bitcoin News
On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III...
Coinbase Stock Is Soaring. It Might Be a Haven in a Wild Crypto Market.
Coinbase Global stock continued its winning streak on Tuesday, rising alongside the price of Bitcoin and on the back of a strong analyst endorsement. Coinbase (ticker: COIN) has already had a busy sta...
Alameda had $65B artificial credit line, 43,000% more than FTX market makers
A recent court filing in the FTX bankruptcy case has revealed a “$65 billion backdoor” between Alameda and FTX. The filing includes a deck detailing the current findings relative to FTX group funds. T...
OSL Exchange Cuts Staff Due to Current Market Conditions
The Hong Kong-based crypto exchange OSL is reducing its headcount, but the country envisions becoming a crypto hub. The employees of the OSL exchange are the latest victim of the crypto winter, as the...
Goldman Sachs Had a ‘Miserable’ Quarter — But Wider Market Destruction May Be Coming
Goldman Sachs (GS) – Get Free Report reported dismal Q4 2022 earnings Jan. 17. The bank may not have been alone, with fellow investment bank Morgan Stanley (MS) – Get Free Report also po...
Crypto Market Analysis: Dogecoin (DOGE) & Shiba INU (SHIB) Price May Explode Soon!
Dogecoin (DOGE) Price Analysis Dogecoin, similar to other cryptos ignited a significant upswing since the beginning of 2023 which assisted the price to recover the loss incurred in the past 30 days. T...
Fidelity-Backed Crypto Platform Cuts Staff Due to Market Pressure
OSL, a Hong Kong-based digital asset exchange, is cutting roughly a third of its costs following months of turbulence in the crypto market. That includes staff cuts – though the firm did not reveal h...
ETH soars to $1,592 as a bullish trend takes control of the market – Cryptopolitan
Ethereum price analysis reveals ETH price action has been bullish in the last 4 hours, surging from around $1,553 to over the $1,592 mark. The recent surge was triggered by a sudden influx of buying p...
Crypto Bank Silvergate Capital Posts Staggering $1,000,000,000 Loss Last Quarter Due to Bear Market
A digital asset-friendly bank known for serving crypto firms is announcing tremendous losses from the last quarter of 2022. Silvergate Capital, which became a publicly traded company in 2019, is known...
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021 – Market Updates Bitcoin News
The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto asset...
Bitget: copy trading in the spot market
Leading cryptocurrency exchange Bitget announces that it is the first exchange to launch copy trading in the spot market. As the first exchange to offer copy trading for derivatives in 2020, Bitget h...
Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days – Defi Bitcoin News
Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token e...
Bitcoin breaks $21,000 in sustained bull market performance
The cryptocurrency market cap saw net inflows of $13.12 billion in the last 24 hours and currently stands at $979 billion — up 1.28% from $979 billion. Over the reporting period, Bitcoin and Ethereum’...
Crypto Market sees Significant Surge; Short Liquidations Reach 500 Million USD
For about last week, major cryptocurrencies are rallying upwards resulting in pumping their relative market capitalization. This pump led the market cap of the global cryptocurrency market to reach ov...
Quant Analyst PlanB Says New Bitcoin Bull Market Just Started As Several Indicators Scream Strength
Popular quant analyst PlanB says the recent Bitcoin (BTC) rally isn’t the bull trap many investors are weary of. PlanB tells his 1.8 million Twitter followers that several benchmark indicators are sug...
Bitget Becomes The First CEX to Launch Copy Trading in the Spot Market
[PRESS RELEASE – Please Read Disclaimer] (Victoria, Seychelles, 17 Jan 2023) – Leading crypto derivatives exchange Bitget announces to be the first exchange to launch copy trading in the spot market. ...
FalconX, Bitmex founder Hayes invest in market maker Elixir amid dearth of providers
Decentralized finance protocol Elixir closed a $2.1 million seed round to allow anyone to participate in crypto market making. FalconX, Commonwealth, OP Crypto, ChapterOne and Bitmex founder Ar...
Algorand Breaks Below $0.2324 as Bearish Stress Overwhelms Market
Algorand (ALGO) is trading at $0.2324 and is down by 2.94 percent at the moment of writing. The trend of Algorand is nearer to its 24-hour high of $0.2394, with its 24-hour low at $0.2265. The 24-hour...
BNY Mellon explores digital asset custody services for Asian market – Cryptopolitan
BNY Mellon, the world’s largest custodian bank, is exploring the possibility of offering digital asset custody services in Asia. This news has been met with enthusiasm by many in the crypto community,...
XMR, DOT Move Higher, Rebounding From Recent Declines – Market Updates Bitcoin News
Monero rebounded from recent losses on Tuesday, as the token attempted to recapture recent highs. The move comes as U.S. markets reopened following a public holiday on Monday. Polkadot also moved high...