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Daily Archives: June 23, 2022

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Bitcoin Perpetual Open Interest Suggests Short Squeeze Led To Crash

Crypto NewsBy June 23, 2022

The Bitcoin crash of last week was a brutal one for the market. It saw the digital asset lose its footing from where it had been trending just below $30,000 to crash to the mid $17,000s before a recovery had begun. With the new week, the market had started to emerge into the green. But…

Bitcoin May Have Hit Bottom According to These Indicators, BTC Targets $23K?

Crypto NewsBy June 23, 2022

Bitcoin remains rangebound as most of the crypto market continues to trade in the red. The number one crypto has seen some profits on lower timeframes, but the general sentiment in the market still points to uncertainty. Related Reading | Bitcoin Miners Contributing To BTC Crash? New Report Sheds Light At the time of writing, BTC’s…

Bitcoin Recovery Slows Down As Whale Inflows Remain Elevated

Crypto NewsBy June 23, 2022

The latest recovery rally in the price of Bitcoin has now slowed down as on-chain data shows signs of dumping from whales. Bitcoin Exchange Whale Ratio Continues To Be At High Values As pointed out by an analyst in a CryptoQuant post, BTC whales are sending their coins to exchanges at the moment. The “exchange…

Bitcoin Miners Contributing To BTC Crash? New Report Sheds Light

Crypto NewsBy June 23, 2022

Bitcoin remains in the red with a 10% loss over the past week. The number one crypto by market cap has been consolidating at its current levels after a massive crash too it to a multi-year low of $17,500. Related Reading | Are Small Cap Crypto Assets Rebounding A Sign Risk Appetite Returning? At the time…

Low Bitcoin Prices Trigger Inflows, But Investor Sentiment Remains Weak

Crypto NewsBy June 23, 2022

Institutional investors’ reactions to the bitcoin price crash have been quite similar to that of retail investors. After weeks of outflows, the tides have begun to change, largely credited to the low prices that offer a chance to get into the digital asset before a recovery. The past week saw inflows for the digital asset,…

From Autonomous Cities to US Presidency: The Future Is Now Film Shows What Blockchain Leaders Think About Governance

Crypto NewsBy June 23, 2022

The first cinematographic NFT project “The Future Is Now Film” shows what blockchain leaders think of future governance systems: will there be even tighter centralization, a symbiosis of traditional and new methods of control or do we need a totally new governance system to replace the old one? Answers to these questions can be found…

ApeCoin Shed $2.5 Billion From Its Market Cap In May – Investor Appetite Fading?

Crypto NewsBy June 23, 2022

The month of May’s crypto market disaster did not fail to bring down along with it one of the “rising stars” in the crypto space, ApeCoin. ApeCoin price has shown a robust performance in the face of the crippling crypto market crash. However, the bulls were still able to lift APE by about 50% higher…

Are Small Cap Crypto Assets Rebounding A Sign Risk Appetite Returning?

Crypto NewsBy June 23, 2022

The crypto market just saw some slight recovery, but the performances are upside down. Opposite to the way sellouts usually play out, the Bitcoin dominance dropped dramatically as the asset is underperforming the Small Cap index. From last November’s $3 trillion market cap, the crypto market is now down to around $800 billion: Crypto total…

Controlling The Chaos: Alameda Ventures Bails Out Voyager With $200M & 15K BTC

Crypto NewsBy June 23, 2022

Apparently, Voyager Digital is out of the woods. The company ran into liquidity issues when Three Arrows Capital failed to pay a huge loan to them. Welcome to another chapter of the crypto death spiral caused by the Terra/ Luna collapse. Who came to the rescue this time? Sam Bankman-Fried’s other company, Alameda Ventures. Is…

Top Decentralized Stablecoin Alternatives to USTC (Formerly UST)

Crypto NewsBy June 23, 2022

The recent cataclysmic crash of the Terra Classic (LUNC; formerly LUNA) left several people bankrupt. South Korean officials reported 8 confirmed suicides due to this blow. Stablecoins emerged as a way for cryptocurrency investors to park their funds to escape from volatility. USTC (formerly UST) was among the largest stablecoins by market cap and the…

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  • bitcoinBitcoin(BTC)
    $26,436.00-1.39% 24H
    BITCOIN
    24H : -1.39%
    Volume : $14,775,295,479.00
    Marketcap : $513,256,136,026.00
  • ethereumEthereum(ETH)
    $1,841.84-1.80% 24H
    ETHEREUM
    24H : -1.80%
    Volume : $8,049,855,998.00
    Marketcap : $221,608,735,679.00
  • tetherTether(USDT)
    $1.000.120% 24H
    TETHER
    24H : 0.120%
    Volume : $22,805,683,616.00
    Marketcap : $83,317,698,422.00
  • rippleXRP(XRP)
    $0.522-1.16% 24H
    XRP
    24H : -1.16%
    Volume : $1,674,391,439.00
    Marketcap : $27,103,878,491.00
  • litecoinLitecoin(LTC)
    $88.15-2.23% 24H
    LITECOIN
    24H : -2.23%
    Volume : $522,386,026.00
    Marketcap : $6,451,013,946.00
  • bitcoin-cashBitcoin Cash(BCH)
    $111.37-1.74% 24H
    BITCOIN CASH
    24H : -1.74%
    Volume : $59,772,097.00
    Marketcap : $2,163,564,354.00
  • eosEOS(EOS)
    $0.8900.740% 24H
    EOS
    24H : 0.740%
    Volume : $117,112,940.00
    Marketcap : $984,083,062.00