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BTC Dipped Below $30K for the First Time Since July 2021, LUNA Plummets 45% (Market Watch)

The bears continued to pressure the crypto market in the past 24 hours and pushed bitcoin below $30,000 for the first time since mid-July. The altcoins are in no better…

Continue ReadingBTC Dipped Below $30K for the First Time Since July 2021, LUNA Plummets 45% (Market Watch)

Almost 47% of Bitcoin’s Supply at a Loss as BTC Price Crashed Below $30K

Bitcoin’s price crashed below $30K yesterday (on Binance) for the first time since July 2021. It reached a low of $29,730. Data from the popular analytics resource, CryptoQuant reveals that 46.8% of…

Continue ReadingAlmost 47% of Bitcoin’s Supply at a Loss as BTC Price Crashed Below $30K

For the First Time in 8 Years: Bitcoin Marks 6 Consecutive Red Weekly Candles

Bitcoin’s price has suffered quite a bit since the end of March, losing over $15,000 in this period. Moreover, the asset’s downwards trajectory has set a negative record as it…

Continue ReadingFor the First Time in 8 Years: Bitcoin Marks 6 Consecutive Red Weekly Candles

Luna Foundation to Loan $1.5B in BTC and UST to Defend Stablecoin’s Peg

This isn’t the first time UST has lost its peg. But the controversial algorithmic stablecoin de-pegged yet again just days after the Luna Foundation Guard (LFG), the organization backing it,…

Continue ReadingLuna Foundation to Loan $1.5B in BTC and UST to Defend Stablecoin’s Peg

Crypto Markets Lost $300B in 4 Days, Bitcoin Saw Lowest Daily Close Since July 2021 (Market Watch)

Bitcoin’s nosedives continued in the past 24 hours as the asset just doesn’t seem to stop losing value. Most altcoins are in a similar or even worse position, with massive…

Continue ReadingCrypto Markets Lost $300B in 4 Days, Bitcoin Saw Lowest Daily Close Since July 2021 (Market Watch)

Bitcoin Breaks Below Multi-Month Support, Is $30K Retest Incoming? (BTC Price Analysis)

After consolidating above the $37K decisive level for a few weeks, Bitcoin was eventually rejected after another attempt at $40K and plunged below the key support following tremendous bearish momentum.…

Continue ReadingBitcoin Breaks Below Multi-Month Support, Is $30K Retest Incoming? (BTC Price Analysis)