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The High Bitcoin and Ethereum Correlation With Wall Street Continues

The past several weeks have been quite the negative turmoil for the cryptocurrency market, as it all started at the end of March. Interestingly, this coincides with a similar drop…

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Bitcoin Dipped Below $29K as Wall Street Plunged to Yearly Lows (Market Watch)

The cryptocurrency market is suffering again as bitcoin slipped below $29,000, while Ethereum now trades beneath $2,000. This comes amid the most recent price dumps on Wall Street, as the…

Continue ReadingBitcoin Dipped Below $29K as Wall Street Plunged to Yearly Lows (Market Watch)

Bitcoin Stalls at $30K, Ethereum Struggles to Remain Above $2K (Market Watch)

Bitcoin failed at decisively overcoming $31,000 and has retraced by over $1,000 to a familiar ground of approximately $30,000. Most altcoins are also slightly in the red today, with Ethereum…

Continue ReadingBitcoin Stalls at $30K, Ethereum Struggles to Remain Above $2K (Market Watch)

Bitcoin Maintains $30K, Terra’s UST Continues Crashing and Dips to $0.04 (Market Watch)

Following yesterday’s drop to $29,000, bitcoin reacted well and reclaimed the coveted $30,000 line. Most altcoins are sitting calm with minor gains, while Litecoin and CRO have emerged as today’s…

Continue ReadingBitcoin Maintains $30K, Terra’s UST Continues Crashing and Dips to $0.04 (Market Watch)

Global Watchdogs to Regulate Stablecoins Following TerraUSD (UST) Fiasco

The catastrophic failure of Terra’s algorithmic stablecoin, TerraUSD (UST), last week exacerbated the chaos in the crypto industry and accelerated plans to regulate the stablecoins market. Following the market meltdown,…

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Bitcoin Stalls Below $30K, Polkadot Recovers Another 7% (Weekend Watch)

Bitcoin has calmed just under and around the $30,000 level after the recent massive volatility that brought the asset south by five digits. Most altcoins are also quite stagnant on…

Continue ReadingBitcoin Stalls Below $30K, Polkadot Recovers Another 7% (Weekend Watch)

Bitcoin Rejected at $30K, TRON and Polkadot Spike 4% (Weekend Watch)

After yesterday’s brief price surge to $31,000, bitcoin stalled and retraced back to below $30,000. Most altcoins are also slightly in the red today, except for TRON and Polkadot, both…

Continue ReadingBitcoin Rejected at $30K, TRON and Polkadot Spike 4% (Weekend Watch)

This Week’s Recap: UST’s Depeg and LUNA’s Demise, Crypto Markets Lose $500 Billion

This was the most eventful week in many months, but, unfortunately, the end result was that $500 billion were wiped off the total cryptocurrency market capitalization. Terra’s ecosystem was at…

Continue ReadingThis Week’s Recap: UST’s Depeg and LUNA’s Demise, Crypto Markets Lose $500 Billion