Cryptocurrency Analysis and News Portal
"It is clearly the will of the parliamentary Conservative Party, that there should be a new leader of that party and I agree," Johnson said in a broadcast from outside his Downing Street home. "We've seen in Westminster when the herd moves, it moves. And, my friends, in politics no
Read More
Bitcoin (BTC) hit daily lows on the July 5 Wall Street open as the U.S. dollar saw a violent surge higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewUSD sets yet another 20-year recordData from Cryptox Markets Pro and TradingView showed BTC/USD retreating to $19,281 on Bitstamp as the Independence Day long weekend
Read More
In times of market upheaval and a falling bitcoin price, margins compress across the board, and force more miners to become net sellers, the note said. Given the price drop and the resulting loss of profitability, the financing environment for the mining industry has “shifted materially” since late last year,
Read More
The price of Solana (SOL) has been unable to break out of a tight range between $32 and $33 during the past few days. As of this writing, SOL is trading at $32.72, down 16.5% in the last seven days – and around the same level it was trading Friday, data
Read More
Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining company Luxor Technologies, Ethan Vera, says that roughly $4 billion in loans backed
Read More
Coinbase also extended its support for the Solana ecosystem, adding the facility to send, receive and store SOL and Solana program library (SPL) tokens. Users will no longer need separate wallet apps for multichain activity across DeFi, NFTs and so on. Original Source
Read More
Up until last week, economists predicted a 50 basis point rate increase, as happened in May. But a U.S. government report Friday showed the consumer price index, which tracks inflation, rose to a new high of 8.6% instead of an expected slowdown. Now, the central bank is entertaining the possibility
Read More
Hayes highlights open interest data for BTC and ETH, which are at $20,000 and $1,000.He says the closer the market goes to those strike prices; the more will be sold, leading to a potentially large sell-off.The market crash has had an enormous impact on the growth of the market, with
Read More
Cardano (ADA) has been following the general sentiment in the market. The fifth cryptocurrency in terms of market capitalization has been trending to the downside but at a slower pace than larger cryptocurrencies. Related Reading | Bitcoin Long-Term Holders Realize March 2020-Like Losses As BTC Crashes At the time of writing, Cardano (ADA)
Read More
There have been multiple sell-off trends recorded in bitcoin since the crash in December 2021. These sell-offs have been responsible for the decline in prices recorded in the digital asset over the last couple of months. Naturally, sell-off trends can be recorded on their magnitude depending on when the trading
Read More