The cryptocurrency market is still stunned by last week’s precipitous decline. In 10 days, Ether shed around 45 percent of its value. On the four-day chart, the Ethereum (ETH) price has now returned to the historical RSI low recorded in 2018 when the cryptocurrency traded at $81. On Saturday, ETH values fell below crucial levels…
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The price of Bitcoin (BTC) is currently trading below the $20,000 mark, reaching a low of $19,147 on Saturday, according to statistics from Coingecko. As the whole cryptocurrency market continues to be pummeled, the price of BTC has fallen below its 2017 all-time high of $20,000, and the market as a whole continues to suffer severe…
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Last week, New Bloc Night, the opening party of Austin blockchain week hosted by NEW BLOC, came to a successful conclusion at the Otis hotel in Austin. As sponsors of this event, CoinEx and ViaBTC, together with more than 20 well-known investment institutions, public chain, DAPP, DAO, Web3.0, cryptographic financial service providers and other blockchain…
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With the recent Bitcoin price crash has come a number of speculations out of the market. Amateurs and experts alike have been giving their predictions on what they believe will happen going forward. While most have been bearish, the forecast from Mike McGlone is a rather bullish one. The Bloomberg analyst has sparked hope in…
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On-chain data shows the part of the Bitcoin realized cap held by the long-term holders has increased and is now at nearly 80%. Bitcoin Long-Term Holders Own Almost 80% Of Realized Cap As explained by an analyst in a CryptoQuant post, the crypto has historically tended to form bottoms around when the long-term holder share…
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Billionaire Mike Novogratz has warned investors to not expect much of a recovery in bitcoin anytime soon. Novogratz who serves as the CEO of the digital asset merchant bank Galaxy Digital has always been a big proponent of Bitcoin and its advantages. However, he has recently shared his thoughts on the current market climate and…
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Crypto has dropped below the $1 trillion total market capitalization and has returned to its January 2021 levels. At that time, the sector was preparing for a massive bull run that would take its market cap above the $3 trillion. Related Reading | Anthony Scaramucci Reveals Buying Crypto During Crash, Suggests Staying Disciplined This time the…
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The Sandbox native token, SAND, jumped from eight-month lows following Friday’s announcement of a collaboration between the metaverse and Lionsgate Studios. As a result of the news, SAND surged as high as 20% to $0.9715, before reversing course to trade at $0.8647. The move helped SAND overcome a seven-day losing run in the face of gloom in…
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Many crypto investors have sold their assets due to the ongoing market volatility. However, the effects of the crash are still reverberating across all the exchanges and crypto firms. Some lost liquidity and couldn’t sustain users’ demands, while others downsized their staff capacity. Some investors seized the chance to add to their crypto portfolio amid…
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Launched today, EarthFund, a decentralized not-for-profit platform, aims to allow anyone to use blockchain technology to raise funds for causes that can promote good around the world. Blockchain technology and cryptocurrencies have a massive opportunity to better the world and become a massive force for good, but till now the technology has been used for…
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