Cryptocurrency Analysis and News Portal
The latest price moves in bitcoin (BTC) and crypto markets in context for August 31, 2022. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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"We expect a 75 basis point rate hike in September, and do not expect there to be a drastic effect on the markets should that come to pass, followed by successive rate hikes until inflation is reined in and the unemployment rate returns to a healthier number," Josh Olszewicz, head
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Bitcoin (BTC) bulls should not get excited about the recovery from the June lows of $17,500 just yet as BTC heads into its riskiest month in the coming days.The psychology behind the "September effect"Historic data shows September being Bitcoin's worst month between 2013 and 2021, except in 2015 and 2016.
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Twitter-famous crypto trader AIgod has brought a smile to the community after announcing he’s doubled his "Inverse Cramer" portfolio in just a month by "simply" inverse trading against CNBC’s Mad Money host Jim Cramer. In his latest tweet on Aug. 22, the trader, who became famous on Twitter for pre-empting
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Cryptocurrency exchange Zipmex has gotten a chance to sort out liquidity issues as a court in Singapore has granted the firm with more than three months of creditor protection.Singapore’s High Court has ruled to give each of the five Zipmex entities a moratorium until Dec. 2, 2022 to come up
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Crypto mining companies have seen their stock prices increase as much as 120% over the last month, amid rebounding crypto asset prices, higher mining profitability and sharp increases in Bitcoin (BTC) production.Crypto mining companies Marathon Digital Holdings at 124.12%, Core Scientific at 110.39%, Hut 8 at 98.95% and Riot Blockchain
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Total value locked (TVL) on Optimism, a layer-2 scaling solution for the Ethereum blockchain, has increased 284% in the last month, according to data from DefiLlama. Users lending and borrowing assets on Aave through Optimism’s layer-2 chain make up the vast majority of TVL. Ethereum Optimism TVL Surges In anticipation of The
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By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock . Bitcoin has broken the $24,000 level again this morning and is now up 37% in 8 weeks.
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TRON (TRX) continues to gain traction despite the current erratic market movement. TRX has recently seen TVL growth by $6 billion in July which is by far due to a revival of investor interest specifically in DeFi. TRON has been the most-supported DeFi smart contracts seen in the past two years.
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Ether (ETH), Ethereum's native toke, has been continuing its uptrend against Bitcoin (BTC) as euphoria around its upcoming network upgrade, "the Merge," grows.ETH at multi-month highs against BTCOn the daily chart, ETH/BTC surged to an intraday high of 0.075 on Aug. 6, following a 1.5% upside move. Meanwhile, the pair's
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