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Bitcoin and Ethereum Price Struggle to Hold Support Amid Increasing Bearish Pressure
After yesterday’s bullish rebound where Bitcoin and Ethereum prices saw significant price growth, the momentum is currently dying, with BTC and ETH prices retracting a few percent. Bitcoin is struggling to hold the $20k support level while Ethereum is attempting to stay afloat above $1k. дальше »
2022-6-22 21:25 | |
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Crypto Companies Slash Ad Spending By 90% Amid Market Jitters
Numerous crypto companies are slashing their marketing budgets, despite the need to regain customer confidence in the asset class, which has fallen in recent months. After spending millions on multiple ad campaigns and Super Bowl commercials, many businesses are now reducing their advertising dollars because of the continued market instability. This year, prominent digital currency […] дальше »
2022-6-22 13:48 | |
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Bitfarms Sells 3,000 BTC to Help With Liquidity Amid Market Downturn
Canadian crypto mining giant Bitfarms has reneged on its hodling strategy and is instead selling 3,000 bitcoins for $62 million amid a recent market rout squeezing miners’ profitability. The post Bitfarms Sells 3,000 BTC to Help With Liquidity Amid Market Downturn appeared first on BeInCrypto. дальше »
2022-6-22 05:00 | |
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Gold Proves To Be A Safe Haven Asset Amid Bitcoin Crash
The advantages of holding bitcoin over gold have been publicized and debated countless times. These two digital assets, one a physical asset and the other referred to as the “digital gold”, have both gone head-to-head when it comes to which one is the better store of value. дальше »
2022-6-22 02:00 | |
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Crypto companies pull out of sponsorship deals amid market downturn
New York Post reveals that cryptocurrency companies are cutting costs by pulling out of sponsorship and marketing deals as the crypto market crashed to its lowest in almost two years. The post Crypto companies pull out of sponsorship deals amid market downturn appeared first on CryptoSlate. дальше »
2022-6-21 19:00 | |
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Vitalik Buterin Mocks Bitcoin “Stock-to-Flow” Model Amid Price Slump
Ethereum inventor Vitalik Buterin has described the infamous Bitcoin stock-to-flow model as harmful, saying that flawed financial models deserve all the mockery they get. Vitalik Buterin Slates PlanBs Stock-to-Flow Model... дальше »
2022-6-21 17:03 | |
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Crypto exchange BlockFi secures $250M credit from FTX amid bear market
At a time when a significant number of crypto platforms are struggling to remain afloat, BlockFi hopes the new credit line would help them secure user’s funds дальше »
2022-6-22 16:08 | |
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Bitcoin investors see record realized loss of $7B amid downturn
Bitcoin hodlers lost over $7 billion to the market crash between June 16 to June 18 as investors scrambled to sell coins they bought for higher prices, according to a Glassnode report. The post Bitcoin investors see record realized loss of $7B amid downturn appeared first on CryptoSlate. дальше »
2022-6-21 15:10 | |
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LBank Exchange continues to hire amid the massive crypto job cuts
Cryptocurrency exchange LBank has continued to hire more crypto and blockchain talents as well as interns for its global offices. Against the backdrop of extreme volatility in the crypto market andThe post LBank Exchange continues to hire amid the massive crypto job cuts appeared first on AMBCrypto. дальше »
2022-6-21 14:45 | |
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How Celsius Network Is Proving Critics Wrong, Price Soars to $0.9 Amid Market Dip
It’s been eight days since Celsius Network Halted Swaps, Transfer, and Withdrawal, citing extreme market conditions. This came as the Crypto Market was experiencing a massive sell-off that saw Bitcoin hitting $17k low levels. дальше »
2022-6-21 07:52 | |
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Bitcoin and Ethereum Price Manage to Hold Support Amid Inflation Fears
After a scary correction this Saturday, with the Bitcoin price dropping to a low of $17. 9k, the BTC price is recovering again, currently trading at $19. 4k. Ethereum also recovered after dipping to $900, currently trading at $1k, up over 5% in the past 24 hours. дальше »
2022-6-19 17:07 | |
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BIS to launch market intelligence platform amid stablecoin, DeFi collapse
BIS’s cryptocurrency market intelligence platform will be launched under the Eurosystem Centre initiative to provide vetted data about crypto projects. дальше »
2022-6-19 08:12 | |
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Babel Finance Pauses Withdrawals After Celsius; Amber Group Clarifies Position
Crypto financial service provider Babel Finance has halted withdrawals and redemptions amid a market slump, soon after Celsius did the same, citing 'liquidity pressure' The post Babel Finance Pauses Withdrawals After Celsius; Amber Group Clarifies Position appeared first on BeInCrypto. дальше »
2022-6-18 14:52 | |
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Bitcoin crashes below $20,000 amid crypto bloodbath
Bitcoin tumbled below $20,000 as losses extended Saturday, with the widespread bleeding also sending other major coins to multi-year lows. BTC price falls below previous cycle high Bitcoin’s plunge on Saturday pushed BTC price past the 2017 all-time high, the first time the benchmark cryptocurrency had broken below a four-year cycle high. дальше »
2022-6-19 14:45 | |
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How Tron [TRX] is managing to keep its boat afloat amid looming depegging fears
We’re entering the fifth day of the Ton's DAO crisis. While Justin Sun and his team have been trying to peg back USDD to $1, TRX itself has dropped by double digits during the course of the week desThe post How Tron [TRX] is managing to keep its boat afloat amid looming depegging fears appeared first on AMBCrypto. дальше »
2022-6-18 01:30 | |
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Genesis Trading Confirms “Large Counterparty” Liquidation Amid 3AC Crisis
The update comes as the celebrated crypto hedge fund Three Arrows Capital faces its biggest liquidity crisis to date. Genesis Trading Says It Liquidated Counterparty Genesis Trading has confirmed that... дальше »
2022-6-18 20:16 | |
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Tether's USDT market cap dips below $70B for an 8-month low
Amid Tether losing market share over the past few weeks, the Circle-backed USDC stablecoin has been growing notably, with the market value surging to $55 billion. дальше »
2022-6-18 16:22 | |
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Crypto lender Babel Finance halts withdrawals due to liquidity pressures
Hong Kong-based asset manager Babel Finance is the latest crypto lending firm to signal the growing crisis of the cryptocurrency lending industry amid the bear market. дальше »
2022-6-18 15:38 | |
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Bear market no issue for Binance Labs’ DeFi incubation program
Binance Labs’ parent firm Binance is also looking to hire 2,000 employees amid the latest market decline as the firm sees bear markets as a “great time to bring on top talent.” дальше »
2022-6-18 13:35 | |
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BlockFi reportedly among firms that liquidated Three Arrows Capital
Latest report about Singapore-based crypto hedge fund Three Arrows Capital (3AC) notes that the venture firm has not met margin calls from lenders. The news looks to spell more gloom for the firm, which has dominated headlines across the market amid the crypto downturn. дальше »
2022-6-17 00:50 | |
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Binance CEO: Talent, not the market, is the limiting growth factor
Changpeng Zhao, founder and CEO of Binance, makes a prediction about crypto amid a market in turmoil and regulation on the horizon in an interview with CNBC’s Squawk Box. The future of stablecoins When asked if he thought the future of algorithmic stablecoins was now dead, Changpeng Zhao said: I don’t think so. дальше »
2022-6-17 18:30 | |
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Society raves about Ripple recruiting amid mass layoffs of crypto talent
It is noted that society is delighted that Ripple is recruiting people amid a massive layoff of crypto talent. It is noted that society is delighted that Ripple is now recruiting people amid a massive layoff of crypto talent. The... дальше »
2022-6-17 17:58 | |
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Bitcoin and Ethereum Price Manage to Hold Support as Stock Markets Jump Briefly
After incurring significant losses earlier this week, the Bitcoin and Ethereum prices managed to hold support this Thursday as stock markets jumped Wednesday afternoon briefly amid the Fed raising interest rates by 75 basis points to fight inflation. дальше »
2022-6-16 16:32 | |
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Analyzing how GMT, GST tokens have fared amid current market turmoil
As most move-to-earn blockchain-based projects reel under the impact of the tight market conditions, STEPN appears to have been hit the most. Apart from struggling to keep gamers interested, since theThe post Analyzing how GMT, GST tokens have fared amid current market turmoil appeared first on AMBCrypto. дальше »
2022-6-15 19:30 | |
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A look at Warren Buffett’s cryptocurrency stance over the years
Amid the ongoing bloodbath in the cryptocurrency market, and billions of dollars being wiped off, Billionaire investor Warren Buffett’s remarks and actions can serve as a stepping stone going forward. дальше »
2022-6-16 19:12 | |
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Bitcoin Miners’ Exchange Flow Rises To Seven-Month High Amid Bloodbath
Bitcoin mining profitability has plummeted by more than 75% from the market peak, and is now at its lowest level since October 2020. Bitcoin Price Plummets Further Bitcoin’s price plummeted to a 52-week low of $20,800 on Wednesday, down from an all-time high of $68,788 by more than 70%. дальше »
2022-6-16 16:09 | |
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