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“# BTC crash: Was it actually Evergrande? | Watch The Market Report live w/ Eric Krown ” Tune in to watch Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman. Here’s what to expect in this week’s markets news breakdown: After failing to reach $50,000, Bitcoin (BTC) slid back…
“# Axie Infinity (AXS) gains over 45%, but ‘death cross’ fears persist ” Axie Infinity’s native cryptocurrency, Axie Infinity Shards (AXS), bounced higher on Sept. 23 as the market’s focus shifted to its listing on two major crypto trading platforms, Bitfinex and Bitstamp. The AXS/USD exchange rate surged 15.52% to $69.86, negating all the losses…
“# Too ‘grande’ to fail — Bitcoin price stumbles at $44K as China plans for Evergrande’s implosion ” Bitcoin (BTC) faced stiff resistance above $44,000 on Thursday, Sept. 23, as China told governments to prepare for property giant Evergrande to collapse. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Buyers line up to snag sub-$40,000 BTC…
“# Almost half of crypto owners turn to celebs like Kim Kardashian for advice: Survey ” A new survey has revealed bleak insights into the apparent willingness of retail investors to follow digital asset advice from the social media accounts of celebrities and influencers. According to a Morning Consultant survey of 2,200 U.S. adults, 45%…
“# Here’s why Avalanche, OriginTrail and Coti hardly budged as Bitcoin fell to $40K ” Admittedly, the last few days have not been not the most pleasant time for crypto traders as the price of Bitcoin (BTC) price fell short of breaking the $50,000 threshold, then slid to the low-$40,000 range and pulled the majority…
“# Crypto markets soar after Fed commits to printing and Evergrande plans to pay its debt ” The cryptocurrency ecosystem is showing signs of a recovery on Sept. 22 following a 48-hour corrective stint which saw Bitcoin and altcoins sell-off to their swing lows. Equities and crypto investors were clearly worried about the possible bankruptcy…
“# Price analysis 9/22: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, UNI ” The crypto markets and U.S. equity markets are attempting a recovery today as fears of a widespread contagion due to Chinese developer Evergrande defaulting on its debt recede. Bridgewater Associates co-chairman and co-chief investment office Ray Dalio said on Wednesday…
“# Altcoins see a 35% bounce after Bitcoin reclaims $43,000 ” The sharp correction that threatened to pull Bitcoin and altcoin prices back toward their sing lows appears to have dissipated now that Evergrande informed investors that it intends to make an on-time payment on its debt. With global markets feeling reassured, major equities, Bitcoin…
“# Avalanche recovers from Evergrande-led sell-off as AVAX rebounds over 30% ” Avalanche (AVAX) prices recovered on Sept. 22, paring a portion of losses that hit cryptocurrencies at the beginning of this week, led by worries about potential contagion in China’s housing market. The AVAX/USD exchange rate surged by as much as 12.05% to log…
“# Pundits say crashing floor prices and sell volume signal that ‘the NFT market has died’ ” Nonfungible tokens (NFTs) dominated crypto and mainstream media headlines all throughout 2021 as investors who held CryptoPunks and other projects minted prior to 2018 were finally rewarded for their patience. Meanwhile, newer projects like the Bored Ape Yacht…