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Bonk token goes bonkers as traders chase after high yields in the Solana ecosystem

Traders are piling into BONK, boosting its price by triple-digits in the last 24 hours and possibly hinting at a trend reversal in Solana price.

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3 reasons why it could be a rocky week for Bitcoin, Ethereum and altcoins

BTC volatility is at a record low, inflows to spot markets remain muted and this week’s economic calendar suggests that volatility is set to rock the crypto market.

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Here is why Bitcoin price gave back all its intraday gains

BTC price retraced the entirety of its intraday gains after Fed chair Jerome Powell issued hawkish statements in relation to today’s 0.50% interest rate hike.

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Data shows the Bitcoin mining bear market has a ways to go

The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations.

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Bitcoin capitulations abound — Data shows realized and unrealized losses at record-highs

Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants.

Continue ReadingBitcoin capitulations abound — Data shows realized and unrealized losses at record-highs

Lido fundamentals shine even as the wider crypto market struggles to regain traction

Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users and Ethereum stakers.

Continue ReadingLido fundamentals shine even as the wider crypto market struggles to regain traction