Cryptocurrencies that were the taste of the season until about last year saw a sudden drop on every matrix for exchanges – trading volumes, value and profitability – as a crypto winter sets in after a sharp decline in prices in recent months. The sudden shift in market sentiment from exuberance to fear has led … Read more
According to a new report, the value of crypto earnings ill-gotten of North Korea has fallen, which could have an impact on its nuclear weapons program. According to a Reuters reportthe value of cryptocurrencies stolen by North Korea has plummeted amid the general market collapse, which could jeopardize funding for its weapons programs. The country … Read more
False hopes and real worries never end in the crypto universe. After several very short-lived rises, bitcoin (BTC) seems to be continuing to fall. There is a great temptation to resell one’s assets in haste. Other investors, for their part, prefer to hang on, take short-term losses and bet on long-term profit. In order to … Read more
Investors follow this as a general practice for scaling down assets that aren’t performing as expected, but crypto exchanges scaling down bitcoin may not be similar. Since the beginning of this year, it has now been six months, and still, the crypto market is in constant swings and unable to find stability. The sell-off in … Read more
Cryptocurrency companies poured billions into sports sponsorships in 2021 – but this year’s downturn has dried up the flow of money, The Post has learned. As a so-called “crypto winter” sets in and businesses look to cut costs, companies that splurged on sports deals last year are now looking to cut costs. Crypto exchange FTX … Read more
Facebook Twitter Messenger WhatsApp LinkedIn The capitalization of the global market for crypto-currencies fell $369 billion over the past week. Ethereum [ETH], as it stands, has taken the biggest hit over the past week among the top 10 cryptocurrencies. But the question is, what conspired against ETH as it plunged to new lows on June … Read more
Shares of Coinbase Global Inc. were expected to extend their decline on Tuesday after a JP Morgan analyst dropped its bullish call following an “extreme decline” in cryptocurrency prices. “While we continue to believe in cryptocurrency markets and blockchain technology, the extreme price drop in cryptocurrency markets in 2Q22 combined with Coinbase’s COIN,-11.41%the ramp-up in … Read more
Crypto Crash News June 7: The prices of many top cryptos have fallen again in the past 24 hours, while the global crypto market capitalization has fallen to $1.22 trillion, down 4.52% in the last day, according to data from CoinMarketCap at the time of writing (09:25). Bitcoin (BTC) price is back in the red … Read more
South Africa-based cryptocurrency exchanges are seeing a surge in transactions after the Bitcoin price plummeted. As volatility in crypto markets continues, the value of Bitcoin – the world’s most popular digital currency – recently fell below $31,000 (R479,000), less than half of what it was at its highest level in November last year. . With … Read more
New Delhi: The rebound seen in the crypto market slumped on Thursday as crypto tokens traded sharply lower. Momentum and sentiment remained negative, leaving no room for higher prices. Investors became risk averse as rising inflation and looming inflation fears persisted. All major tokens were trading sharply lower. Solana plunged about 13%, while Avalanche posted … Read more