Auto Added by WPeMatico

70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months

During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on…

Continue Reading70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months

Fidelity Analyst: Bitcoin Is Cheap — Ethereum Could Be Near Bottom

Fidelity’s director of Global Macro has shared his bitcoin and ether price outlook. His analysis shows that bitcoin is cheap but ether could be even cheaper. “Ethereum could be close…

Continue ReadingFidelity Analyst: Bitcoin Is Cheap — Ethereum Could Be Near Bottom

Mad Money’s Jim Cramer Says Crypto Immolation Shows the Fed’s Job to Tame Inflation Is Almost Complete

The host of Mad Money, Jim Cramer, claims that “With the immolation of crypto, the Fed’s job is almost complete.” He stressed that “one front in the war on inflation…

Continue ReadingMad Money’s Jim Cramer Says Crypto Immolation Shows the Fed’s Job to Tame Inflation Is Almost Complete

NFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume

Non-fungible token (NFT) sales have managed to stay consistent this week while the crypto economy saw more losses over the last seven days. The week prior, $152.9 million in NFT…

Continue ReadingNFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume

Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470%

After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies terrausd (UST) and luna classic (LUNC) increased a great deal in value against…

Continue ReadingTerra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470%

Rich Dad Poor Dad’s Robert Kiyosaki Says He’s Waiting for Bitcoin to Test $1,100 to Buy More

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he’s waiting for the price of bitcoin to test $1,100. He added that he will buy…

Continue ReadingRich Dad Poor Dad’s Robert Kiyosaki Says He’s Waiting for Bitcoin to Test $1,100 to Buy More

Billionaire Seth Klarman: I Can’t See the Point of Crypto — Nobody Needs to Own It

Billionaire investor Seth Klarman says he cannot see the point of crypto. “I don’t think anybody needs to own it. It just seems to me that it could end up…

Continue ReadingBillionaire Seth Klarman: I Can’t See the Point of Crypto — Nobody Needs to Own It

Top Privacy Cryptocurrencies by Market Cap Lost Half Their Value in Less Than 2 Months

Since the end of April, the top privacy crypto assets by market capitalization went from a combined value of $10.7 billion to today’s valuation of around $5.09 billion. During that…

Continue ReadingTop Privacy Cryptocurrencies by Market Cap Lost Half Their Value in Less Than 2 Months

Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior

While digital currencies suffered this past month, non-fungible token (NFT) sales dropped by 74.44% during the last 30 days. Data shows that during the last seven days, NFT sales have…

Continue ReadingDigital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior

Kevin O’Leary Says He Won’t Sell Any Crypto Despite Downturn – ‘You Just Have to Stomach It’

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he is not selling any of his cryptocurrencies despite the crypto market downturn. “Long term, you just have to stomach it.…

Continue ReadingKevin O’Leary Says He Won’t Sell Any Crypto Despite Downturn – ‘You Just Have to Stomach It’