Regulation
Crypto Market Crash Leads to $1B in Liquidations, Majors Lose Pivotal Support
Some 73% of all futures traders were long, or betting on a price rise. Source link
Month: May 2022
Market Analysis
Galaxy Digital Chief Predicts Crypto Mayhem Might Not Be Over — Here’s Why
Galaxy Digital CEO Michael Novogratz is expecting that the virtual asset market will be “volatile and difficult” for the next few quarters after posting weak results in Q1 2022. Novogratz iterated these sentiments during the […]
Bitcoin
Bitcoin Price Crashes Below $30K As Markets Show Signs Of Paranoia
Bitcoin has lost almost 10% of its value during the past 24 hours, falling below $30,000 for the first time since July 2021. And one analyst worries that the largest cryptocurrency might fall even worse. […]
Market Analysis
Is There A Buying Opportunity?
Metaverse land prices have been falling for weeks. But could this be an opportunity to buy? Land prices in Otherside, the most popular metaverse project of recent times, have lost 15% of their value recently. […]
Regulation
Binance Suspends LUNA and UST Token Withdrawals
LUNA token down is 52% on-day while UST is trading at 76 cents. Source link
Market Analysis
BakeryToken (BAKE) Crashes 71% Since April 1 High
BakeryToken (BAKE) is trading inside a short-term bullish pattern but seems to have lost a long-term support level. BakeryToken has been falling at an accelerated rate since reaching a high of $1.675 on April 1. […]
Bitcoin
UST Stablecoin Veers Wildly From Dollar Peg. Here's the Latest
By tapping into its bitcoin reserves, UST’s salvation may have exacerbated a bitcoin sell-off that brought BTC to its lowest price since July 2021. Source link
Market Analysis
Ljubljana, Slovenia is the Most Crypto-Friendly City in Europe: Here’s Why
Ljubljana has come out on top in a new survey which illuminates just how far ahead Slovenia is when it comes to cryptocurrency adoption. Cryptocurrencies are becoming increasingly popular as they continue to gain traction […]
Regulation
Azuki NFT Founder Admits to Abandoning Past Projects
The project’s floor price has dropped dramatically following the news. Source link
Market Analysis
Investors Turn Away from Crypto as Interest Rates Rise and Bitcoin Falls
Rising interest rates amid sluggish growth have turned investors away from riskier assets including bitcoin, which has fallen to a year-to-date low. Bitcoin dropped to a level not seen since July last year, falling below […]