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” Binance CEO plans to leverage crypto winter “ Binance CEO, Changpeng Zhao, commonly known as “CZ,” said in a recent interview that a potential crypto winter is good for business. When asked how Binance will fare during the current crypto winter following reports of recruitment freezes at Gemini and Coinbase, he answered confidently. “It’s…
” Ethereum crashed by 94% in 2018 — Will history repeat with ETH price bottoming at $375? “ Ethereum’s native token Ether (ETH) is showing signs of bottoming out as ETH price bounced off a key support zone. Notably, ETH price is now holding above the key support level of the 200-week simple moving average (SMA)…
” BTC price crashes to $20.8K as ‘deadly’ candles liquidate $1.2 billion “ Bitcoin (BTC) came within $1,000 of its previous cycle all-time highs on June 14 as liquidations mounted across crypto markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price hits 18-month lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $20,816,…
” Binance Australia CEO: regulations will establish higher standards in crypto “ As the struggle for regulatory clarity down under rages on, Binance Australia’s CEO Leigh Travers thinks that such a framework will prove the crypto industry “holds itself to a higher standard” than many believe. Travers spoke with Cointelegraph on June 14 about the…
” Almost $100M exits US crypto funds in anticipation of hawkish monetary policy “ Institutional investors offloaded $101.5 million worth of digital asset products last week in ‘anticipation of hawkish monetary policy’ from the U.S. Federal Reserve according to CoinShares. U.S. inflation rates hit 8.6% year-on-year at the end of May, marking a return to…
” Crypto users take to Twitter to lament the ongoing market downturn “ Crypto traders and investors started out the week with a major shock to the markets. As assets across the blockchain industry went into a collective dive on Monday, users took to Twitter to voice their dismay (or in some cases jubilation) with…
” Price analysis 6/13: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX “ The United States equities markets extended their decline to start the week on June 13. The S&P 500 hit a new year-to-date low and dipped into bear market territory, falling more than 20% from its all-time high made on Jan….
” Ethereum price flash crashes to $950 on Uniswap as whale dumps 93K ETH “ Ethereum’s native token Ether (ETH) fell to as low as $950 on Uniswap—a decentralized crypto exchange— this June 13, about 20% lower than its spot rate across other exchanges. ETH/USD hourly price chart. Source: Uniswap Over $130M ETH sold in…
” Can the Optimism blockchain win the battle of the rollups? “ Ethereum is plagued with criticisms of its less than optimal scaling capabilities and high gas prices. There have been talks about increasing the scaling capacity of the Ethereum mainnet for a while now. However, the Ethereum ecosystem needs a solution for scaling right…
” How to survive in a bear market? Tips for beginners “ Usually, bear markets bring about a feeling of uncertainty in any investor. Even more so for a newcomer, for whom it can feel like the end of the world. It may even be common knowledge that during bull cycles, investors are sure of…