Crypto Markets Lost Another $100B: ETH Dumps to 2018 ATH
The past 24 hours brought even more pain to the cryptocurrency market, with bitcoin dumping to a monthly low of just over $27,000. However, the alternative coins suffer even more.…
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Weekend Massacre: Over $500M Liquidated as BTC Dumps to $27K, Altcoins See Double-Digits Crash
The adverse price developments in the cryptocurrency space only intensified in the past 24 hours, with new weekly, monthly, and even yearly lows registered from many altcoins. With double-digit drops…
NFT and Crypto Games Outperformed DeFi Amid Market Selloffs in May: Report
DApp discovery and analysis platform DappRadar released a detailed report analyzing the state of the crypto market in May. It mainly covered three areas: DeFi, NFT activities, and crypto games,…
Every Third Billionaire Has Direct or Indirect Exposure to Crypto (Forbes Survey)
The global media company Forbes questioned 65 of the world’s wealthiest people to find out what chunk of them are part of the cryptocurrency ecosystem. Per the results, 30% have…
Traditional Hedge Funds Not Deterred by Crypto Market Downturn and Volatility
While the general cryptocurrency market has been in the red for most of 2022, recent reports reveal that more traditional hedge funds are still investing in digital assets, with the…
Bank of Canada: Crypto Needs to Be Regulated Before it Gets Too Big (Report)
The recent price plunge of cryptocurrencies has alarmed global authorities about the risk in some projects – like Terra’s ecosystem. In the context that regulatory overhauls targeting the industry may…
Huobi Launched $1 Billion Investment Vehicle Focused on Web 3 and DeFi
Huobi, the near-decade-old cryptocurrency veteran, has established a new investment arm, called Ivy Blocks, that will focus on supporting the growing ecosystems of decentralized finance and Web 3-based blockchain protocols.…
$230M ETH Positions Liquidated in a Day as Ethereum Plunges Below $1.6K
Ethereum is among the most substantial loser on a daily scale, as the asset plummeted to its lowest position in over a year. Naturally, this has caused mass pain for…
More Than Half of Wealthy Asian Investors Held Crypto in Q1 2022: Accenture
Multi-national IT services giant Accenture published a new survey analyzing wealthy Asian investors’ portfolios on digital assets, noting that a majority of them are interested in directly or indirectly holding…
Bitcoin’s Price to Skyrocket by the Year’s End, Predicts deVere Group CEO
According to Nigel Green – CEO and Founder of deVere Group – investors should expect a “significant bounce” of bitcoin’s USD valuation in Q4, 2022. In his view, the primary…
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