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” $1.9T wipeout in crypto risks spilling over to stocks, bonds — stablecoin Tether in focus “ The cryptocurrency market has lost $1.9 trillion six months after it soared to a record high. Interestingly, these losses are bigger than those witnessed during the 2007’s subprime mortgage market crisis — around $1.3 trillion, which has prompted…
” Analysts say Ethereum price must hold this key level to avoid a capitulation-level move “ The crypto market experienced another day of pain on May 12 as the fallout from the Terra’s LUNA and UST failure continues to ripple across the ecosystem. While the coverage for UST and its impact on Bitcoin (BTC) have…
” ApeCoin rebounds after APE price crashes 80% in two weeks: dead cat bounce or bottom? “ ApeCoin (APE) has undergone a sharp recovery after falling to its lowest level in two months. But its strong correlation with Bitcoin (BTC) and U.S. equities amid macro risks suggests more losses could be in store. APE rebounds…
” Ethereum plunges 13% vs. Bitcoin pushing BTC dominance to 2022 high — more pain ahead? “ Ethereum’s native token Ether (ETH) plunged to its lowest level in almost two months against Bitcoin (BTC) as a crypto market sell-off intensified on May 12. Macro headwinds catch up to ETH/BTC finally The ETH/BTC trading pair fell by 7.5% to…
” This week’s whipsaw market movements test NFT traders’ resolve — What’s next? “ It goes without question that there has been an influx of excited investors piling into Web3 and this is despite the decrease in total volume sales in the last seven days. Since the start of May, the total market capitalization for…
” Ethereum rises vs. Bitcoin despite crypto market rout — will ETH/BTC gain 50% by June? “ Ethereum’s native token Ether (ETH) has grown stronger against its rival for the top position — Bitcoin (BTC) — despite an ongoing crypto market rout. But can the ETH/BTC pair continue to rally in the coming months? Let’s…
” Anchor Protocol rebounds sharply after falling 70% in just two months — what’s next for ANC? “ Anchor Protocol (ANC) returned to its bullish form this May after plunging by over 70% in the previous two months. Pullback risks ahead ANC’s price rebounded by a little over 42.50% between May 1 and May 6, reaching…
” Number goes up: A third of Brits have bought crypto, says Coinbase report “ Bitcoin (BTC) number go up technology is boosting crypto adoption in the United Kingdom. More and more Brits are buying cryptocurrency, according to a Coinbase research piece carried out by Qualtrics. The key takeaways indicate that 33% of British people own crypto,…
” DOT rallies 12% in a day as Polkadot gears up to solve a major blockchain hacking problem “ Polkadot (DOT) price ticked higher in the past 24 hours on anticipations that its new cross-chain communications protocol would solve a long-standing problem in the blockchain sector. DOT price gains 12% on XCM launch Bulls pushed DOT’s…
” Ethereum eyes mini breakout above $3K as Coinbase ETH outflows hit new record “ Ethereum’s native token Ether (ETH) is poised for a mini bull run above $3,000 primarily due to a classic bullish reversal pattern on its shorter-timeframe chart, and a huge spike in ETH outflows from Coinbase. ETH price forming falling wedge…