Cryptocurrency Analysis and News Portal
The crypto market has recently witnessed different shades of events, impacting several assets negatively, such as Ethereum. The collapse of the FTX crypto exchange is still causing many downtrends in the market. The overall price trend in the market has maintained a southward move beyond expectations. Besides the FTX saga, other
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It’s a question that was asked earlier this year on the company's first-quarter earnings call (with bitcoin at about $30,000), and then-outgoing Chief Financial Officer Phong Le suggested a price at or below $21,000 could serve as a trigger point for a margin call. Saylor, however, was quick to clarify
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Crypto billionaire Sam Bankman-Fried may not be able to claim the "billionaire" accolade anymore after an estimated 94% plummet in his personal wealth overnight, according to the Bloomberg Billionaires Index.Bankman-Fried was once a high rider in Bloomberg’s wealth index with an estimated net worth of $26 billion at his peak.
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Ethereum extended losses below the $1,400 support against the US Dollar. ETH is consolidating and might recover if there is a clear
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But Xi’s ambition had and continues to have an inherent contradiction. While blockchain technology is admired by the Chinese, its most popular application, cryptocurrencies, is now illegal. In the past decade, China has banned crypto transactions (2013), initial coin offerings (2017), crypto mining (incrementally from 2019-2021) and – the final blow –
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Chip manufacturing giants Nvidia and AMD have struggled this year, and the Merge could lessen demand for chips, but analysts see opportunities for investors in the semiconductor space. Source
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The original Terra chain was rebranded Terra Classic, and its native token – the former LUNA, now luna classic (LUNC) – has also dropped in price Monday after a surge last week. LUNC’s price was trading at $0.0003 as of 1:15 p.m. ET, down 17% in the past 24 hours,
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“The stock market had not priced this in except the last couple of days and it’s because the risk was that they would be hawkish, not the belief,” Bob Iaccino, chief strategist at Path Trading Partners and co-portfolio manager at Stock Think Tank, told CryptoX. Source
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Binance CEO Changpeng Zhao has a reasonable point in his lawsuit claiming defamation from a translated Chinese language article title; ether falls. Source
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Coinbase currently has a 2%-3% share of average trading volumes versus many large rivals, Mizuho estimated. Original Source
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