Bitcoin Might Be Going Through Its “Most Challenging” Cycle Based On This Metric

The current Bitcoin cycle might be its “most challenging” one yet if the drawdown in this on-chain metric is anything to go by. Total Amount Held By 1k-10k BTC Value Band Has Sharply Gone Down Recently As pointed out by an analyst in a CryptoQuant post, the latest drawdown in the holdings of the 1k-10k BTC value band is the most drastic in the history of the crypto. дальше »

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Price analysis 12/28: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI

Bitcoin and select altcoins have turned down from overhead resistance levels, indicating that bears remain in control.

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FTX and Celsius contagions force Midas Investments shut down 

Midas Investments announced the closure of its DeFi solution as the FTX and Celsius contagions and other devastating events so far in 2022 have made it impossible for it to continue normal operations. дальше »

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Bitcoin underperforms stocks, gold for the first time since 2018

Bitcoin’s yearly losses are similar to high-profile stocks like Tesla and Meta, with BTC investors down 70% in 2022.

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MicroStrategy Doubles Down On Bitcoin Bet With $56.4 Million Purchase

There have been a lot of rumors lately surrounding MicroStrategy and the massive stash of bitcoin the company currently owns. Most of these have revolved around the possibility of MicroStrategy having to sell off its bitcoin. дальше »

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Data Shows Whale Interest In Bitcoin At Lowest Since 2020

On-chain data shows the trading interest of whales in Bitcoin is now at its lowest point in around two years. Bitcoin Whale Transaction Count Has Declined Recently According to data from on-chain analytics firm Santiment, the transactions being done on the network by whales have slowed down recently. дальше »

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Midas Investments closes down amid $63M DeFi portfolio deficit

Midas CEO Iakov Levin said that after the Terra, FTX and Celsius collapse, users withdrew more than 60% of their assets under management. дальше »

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SOL dips another 10% amid negative sentiment: What’s the outlook for Solana?

Solana (SOL/USD) has slipped down the cryptocurrency ranking in terms of market cap as the value of its native token SOL plummets. As of writing, Solana is down another 10. 5% in the past 24 hours, and more than 18% in the red this past week. дальше »

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Solana Down 73%, and More to Come as Developers Halt All Activities on Network

Solana is losing ground under its feet as developers are leaving network дальше »

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Bitcoin in Unprecedented Bear Market: Is This When It Will End?

The Bitcoin (BTC) price has been trending down for a period of 364 days from its all-time high. Despite this, it's unknown whether or not a bottom has been reached. The post Bitcoin in Unprecedented Bear Market: Is This When It Will End? appeared first on BeInCrypto. дальше »

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Crypto Investment Firm Midas Shutting Down Platform Following Losses

The collapse of Celsius and FTX led to more than 60% of Midas’ assets under management being withdrawn. дальше »

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Why The Bitcoin Mining Hashrate May Not Be Out Of The Woods Just Yet

The bitcoin mining hashrate took a sharp nosedive as a historical storm tore through multiple US states. This saw power grids consolidate power to be able to provide enough energy for residents to heat their homes and some mining operations had to wind down to free up more of the electrical. дальше »

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Bitcoin miner Argo Blockchain halts trading its shares on NASDAQ

Argo Blockchain, a publicly traded bitcoin miner, is planning to suspend trading of its shares on NASDAQ for some time, promising investors a big announcement in January. Bitcoin mining firm Argo has asked NASDAQ to pull down its shares from… дальше »

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Jerome Powell Triggers Crypto Market Shakeup

The cryptocurrency market, led by Bitcoin (BTC) and Ether (ETH), has been recording a price surge following a remark made by Federal Reserve chair Jerome Powell that the central bank is likely to slow down its interest rate hikes. дальше »

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Stellar Lumens Reports 176% Increase in Payments Processed While XLM YTD Returns Hit -73%

Stellar Lumens reports a 176% annual increase in payments. But investors are disappointed as the native token XLM is down by 73% in 2022. The post Stellar Lumens Reports 176% Increase in Payments Processed While XLM YTD Returns Hit -73% appeared first on BeInCrypto. дальше »

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Bitcoin's [BTC] bottom is not in yet; should you go short in 2023?

Any further rally and subsequent drop in BTC's hashrate will pull down its price. BTC market is not yet in the accumulation zone. Currently trading at its December 2020 price level, holders The post Bitcoin's [BTC] bottom is not in yet; should you go short in 2023? appeared first on AMBCrypto. дальше »

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XRP in for Correction Based on This Sell Signal: Prominent Analyst

Ripple-affiliated coin anticipated to go down in price by this cryptocurrency analyst дальше »

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Bitcoin poised near $17K as miner outflow hits 11-month low

Bitcoin (BTC/USD) continues to struggle around $17,000 since it traded sharply lower at the start of November amid the FTX implosion. The benchmark cryptocurrency is currently positioned near $16,826 on major crypto exchange Coinbase, having ticked down from intraday highs of $16,967. дальше »

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Binance Smart Chain (BSC) TVL drops to 19-month lows, DeFi’s down by 78%

DeFi TVL plunged by 78% from it's all-time high of $181.2 billion while BSC TVL dropped to 19-month lows. дальше »

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China-Based Funeral Company Shares Surge 80% Since November amid Spike in Covid Cases

Coinspeaker China-Based Funeral Company Shares Surge 80% Since November amid Spike in Covid Cases China funeral facilitator Fu Shou Yuan saw its shares recently rally to 7. 04 Hong Kong dollars after being down 40%. дальше »

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The bullish case for Bitcoin as 2022 comes to an end

The price of (BTC) saw drastic falls throughout 2022 and is trading  at $16,877.39 as of press time — down more than 66% from its all-time high price of over $68,000 in November 2021. The post The bullish case for Bitcoin as 2022 comes to an end appeared first on CryptoSlate. дальше »

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El Salvador Educates Students on Bitcoin, Paving the Road for Further Adoption

El Salvador is taking further steps at pushing Bitcoin mass adoption through educating students. But the country’s portfolio is down by 60%. The post El Salvador Educates Students on Bitcoin, Paving the Road for Further Adoption appeared first on BeInCrypto. дальше »

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Amid the arctic blast, Texas miners voluntarily shut down or curtail operations

Bitcoin miners are again showcasing how they can play an essential role in the energy infrastructure as miners shut down or limit production to support the ecosystem in Texas. The post Amid the arctic blast, Texas miners voluntarily shut down or curtail operations appeared first on CryptoSlate. дальше »

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SOL Recovery In 2023 – Will The Solana Mobile Updates Help?

Solana is having a hard time springing back to life. Apparently, the FTX crash has negatively impacted SOL and its bearishness doesn’t seem to improve the crypto’s price. Here’s a quick look on how the crypto has been performing: FTX crash drags price down SOL price nosedives by 2. дальше »

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HedgeUp (HDUP) Aims to be Next up to Lead Crypto Market in 2023 As ETH Declines From The Boom

Ethereum (ETH) was one of the cryptocurrencies flying high at the height of the crypto boom last year. The second-largest cryptocurrency by market share touched record highs of $4,891. While the rally to record high was down to price speculation, there have never been doubts about Ethereum’s (ETH) long-term prospects and use case. Ethereum Robust […] дальше »

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SEC Chair Gary Gensler Vows to Crack Down on Non-Compliant Crypto Firms

Crypto companies would face a tougher US Securities and Exchange Commission (SEC) in 2023, according to Chairman Gary Gensler. The post SEC Chair Gary Gensler Vows to Crack Down on Non-Compliant Crypto Firms appeared first on BeInCrypto. дальше »

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SBF’s Judge Steps Down, Cites Conflict of Interest

Judge Ronnie Abrams stepped down from Sam Bankman-Fried (SBF) case because her husband was a partner in a firm that advised FTX in the past. The post SBF’s Judge Steps Down, Cites Conflict of Interest appeared first on BeInCrypto. дальше »

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Ethereum Exchange Reserves Decline By More Than 30% In 2022

On-chain data shows investors withdrew a large amount of Ethereum during 2022 as the ETH reserves have fallen by more than 30%. Ethereum Exchange Reserves Sharply Down This Year As pointed out by an analyst in a CryptoQuant post, these investors may have been withdrawing with the aim of holding in the long term. The […] дальше »

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Bitcoin Likely Targeting $13,900 - $11,400, Senior Market Analyst Believes

This market analyst and strategist believes that Bitcoin is being pushed down towards $13,900 gradually дальше »

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US Judge steps down from SBF case

The latest crypto news is that the judge assigned to the case against former FTX CEO Sam Bankman-Fried has recused herself from the case. According to court documents, US District Judge Ronnie Abrams had stepped down “to avoid any possible case of conflict of interest, or the appearance of one. дальше »

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Retail Investors’ Bitcoin Ownership Hits All-Time High With 17% Of Total Supply

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This week in crypto: SBF extradited to the United States

SBF is finally in the United States after signing an agreement earlier this year. The SEC chair said the agency would continue cracking down on cryptocurrency companies. Paxful removes Ether from their trading platform. дальше »

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Law Enforcement in Italy and Albania Clamp Down on Alleged Crypto Scam

Coinspeaker Law Enforcement in Italy and Albania Clamp Down on Alleged Crypto Scam A joint task force from Italy and Albania recently busted a suspected crypto investment scam involving millions of dollars. дальше »

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Aptos Predicted to Drop by 3.89% and Solana Price Down by 95%, Snowfall Protocol Emerges as the Safe Haven Option Going into 2023!

Coinspeaker Aptos Predicted to Drop by 3. 89% and Solana Price Down by 95%, Snowfall Protocol Emerges as the Safe Haven Option Going into 2023! Most cryptocurrencies have failed to perform as expected in 2022. дальше »

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Sites selling child abuse material for crypto taken down

An international investigation took down two communities and one crypto-powered market dedicated to exchanging child sexual abuse material on the deep web. An international joint investigation led by the Federal Criminal Police Office (BKA) and Central Office for Combating Internet… дальше »

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WAVES Gets Dragged Down By USDN, Despite Pumping Investor Distribution

There is enormous negative sentiment surrounding USDN. And with USDN continuously falling off its track, it’s also pulling WAVES down. WAVES is the native token of the Waves blockchain.  According to CoinMarketCap, the token is up by 0. дальше »

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Crypto employment reaches record high despite crypto winter

The crippling crypto winter has necessitated massive layoffs across all industry sectors. But despite those, the employment rate has hit a record high this year. Crypto winter not slowing down Web3 projects Since the beginning of the crypto winter earlier… дальше »

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Chainlink (LINK) Price Perilously Close to Breaking Down from Support Line

The LINK token is the native token of the Chainlink network, a decentralized oracle network that deals with smart contracts. The LINK price has reached a long-term diagonal support level. Whether it breaks down from it or bounces could determine the direction of the future trend. дальше »

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CleanSpark mined 3,750 BTC in FY’22, BTC reserves down 40% since January

CleanSpark’s hash rate hit 6 EH/s on December 21, compared to 2 EH/s on December 31, 2021 — marking a 3x increase on an annual basis. The post CleanSpark mined 3,750 BTC in FY’22, BTC reserves down 40% since January appeared first on CryptoSlate. дальше »

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Here is why Terra Classic is up by more than 6% in the last 24 hours

LUNC is up by more than 6% in the last 24 hours, outperforming the broader crypto market. The rally comes after the team revealed that the Terra Classic Shuttle bridge would shut down next month. дальше »

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Crypto trader regrets not catching the top of the bull run

In the second episode of Hashing It Out, Cointelegraph’s Elisha Owusu Akyaw (GhCryptoGuy) breaks down the state of the crypto market with CRYPTOBIRB. дальше »

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CryptoSlate Daily wMarket Update: Dogecoin bounces back to lead top 10 cryptos

Over the last 24 hours, the cryptocurrency market cap saw net outflows of $1.08 billion and currently stands at $811.42 billion — down 0.13%. The post CryptoSlate Daily wMarket Update: Dogecoin bounces back to lead top 10 cryptos appeared first on CryptoSlate. дальше »

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MyConstant ordered to cease crypto-lending services in Califonia

California Department of Financial Protection and Innovation (DFPI) has ordered MyConstant to cease offering some products. The DFPI had warned in July that it would crack down on crypto interest account providers. дальше »

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California regulators order MyConstant to cease crypto-lending services

The California DFPI warned in July that it would be cracking down on crypto interest account providers in the state.

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FTX: Caroline Ellison and Gary Wang join hands with prosecutors

Sam Bankman-Fried's journey back to the United States has begun on shaky grounds. The former FTX CEO - currently in the FBI's custody - would be touching down in New York soon. And, things seem to be The post FTX: Caroline Ellison and Gary Wang join hands with prosecutors appeared first on AMBCrypto. дальше »

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Dogecoin In Freefall Following Musk’s Decision To Step Down As Twitter CEO

Dogecoin is taking quite a beating in the market over the last week. The meme coin which has maintained a close correlation to the actions of billionaire Elon Musk suffered multiple dips tied to Musk’s decisions as Twitter CEO. дальше »

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GMX ranks as best performing crypto during devastating bear market

The GMX token is only down -23% since reaching its all-time high on January 16, making it the best-performing cryptocurrency (excluding stablecoins) in this bear market. The post GMX ranks as best performing crypto during devastating bear market appeared first on CryptoSlate. дальше »

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U.S. Stocks Likely To Retrace And Push Bitcoin Down Before Christmas

Bitcoin and the crypto market suffer from tightening conditions in the nascent sector and could see more losses coming into 2023. The poor performance in the U. S. stock market might contribute to this possibility. дальше »

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Assessing MATIC's path for coming days with these Polygon updates at hand

MATIC achieved multiple milestones in 2022 both in terms of on-chain metrics and partnerships  MVRV Ratio was considerably down, suggesting a possible market bottom The year 2022 was quite The post Assessing MATIC's path for coming days with these Polygon updates at hand appeared first on AMBCrypto. дальше »

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Why are Bitcoin miners struggling so much? Core Scientific file for bankruptcy

Key Takeaways Core Scientific was worth over $4 billion last summer, but is down 985 form all-time highs Rising electricity costs are hiking costs with falling Bitcoin prices hurting revenue With hash rate near all-time highs, the entire mining industry is struggling The crypto winter continues to take victims. дальше »

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