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March 21, 9:45 am

Bitcoin Slips Below $28K Ahead of This Week's FOMC Meeting: Market Watch
Bitcoin failed to continue upwards after tapping $28,500 yesterday and has slipped below $28,000 ahead of arguably the most anticipated FOMC meeting in a while. The altcoins have suffered even more, with DOT, MATIC, SOL, and others dumping by up to 7-8% in a day. BTC Retraces Before FOMC Meeting Ever since the banking issues worsened in the US and even expanded to Europe, bitcoin's price performance has been nothing short of spectacular. The cryptocurrency soared from $20,000 to $28,500 within just over a week and tapped a 9-month high. The BTC Fear and Greed Index also skyrocketed to new peaks. The $28,500 high came yesterday, just after news that UBS had agreed to buy the struggling banking giant Credit Suisse. However, the asset started to retrace in the following hours and dipped to $27,500 earlier today. Despite recovering a few hundred dollars since then, it still trades under $28,000. All eyes in the financial world tomorrow will be on Jerome Powell - the Chairman of the US Federal Reserve. The next FOMC meeting is scheduled to take place on March 22, and the banking crisis could deter the central bank from further hiking the interest rates. In fact, prominent billionaires, such as Elon Musk and Bill Ackman, believe the Fed should revert from its current monetary strategy ... read More


March 20, 7:40 pm

Bitcoin is Back Into Early Bull Market Territory: Glassnode
As Bitcoin returns to a 9-month high above $28,000, a growing number of on-chain signs show the asset may be entering an early bull market.  On Monday, blockchain analytics firm Glassnode said the Bitcoin market “appears to be shifting gears” amid turmoil within the traditional banking system.  Reclaiming Momentum According to... read More


March 20, 7:30 pm

Lido's Staked Ethereum Token STETH Reaches $10.3B Market Capitalization,...
With the crypto economy experiencing significant gains over the past week and the price of ethereum rising 11.9%, the market capitalization of Lido's staked ether has increased to $10.3 billion. This recent increase has propelled the token's overall market valuation to the ninth-largest position, according to the crypto market capitalization aggreg... read More


March 20, 9:53 am

Solana Skyrockets 8% Daily, Bitcoin Taps New 9-Month High: Market Watch
The latest developments in the European banking sector pushed bitcoin north once again, with the asset surging past $28,500 for the first time since June 2022. A few altcoins have marked notable gains as well, with Solana leading the race. Bitcoin's New Local Peak Bitcoin finished one of its best weeks in a while after it surged from $20,000 to aro... read More


March 17, 6:14 pm

Elon Musk Mocks Jim Cramer's Market Advice
Twitter's owner and one of the wealthiest people on the planet - Elon Musk - dropped a sarcastic tweet regarding Jim Cramer's recent market predictions.  The host of CNBC's financial TV show - 'Mad Money' - has given guidance to investors numerous times, but often that advice has turned wrong. A few days ago, he argued that people should use t... read More


March 16, 9:52 am

Bitcoin Dominance on the Rise as ADA, DOGE, SOL, SHIB Slump by 8%: Marke...
After tapping a multi-month high above $26,000 earlier this week, bitcoin has retraced and calmed, currently sitting between $24,000 and $25,000. Most altcoins have declined hard in the past 24 hours, which has pushed BTC's market dominance to its highest levels since June 2022. BTC Dominance Rises It was less than a week ago when bitcoin had sever... read More


March 15, 10:30 pm

Michael Burry Compares Current Banking Turmoil to Panic of 1907 — ...
Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved and the markets bottomed. 'A stand was made this past weekend,' the famous investor pointed out.Michael... read More


March 15, 3:29 pm

Biggest Movers: ATOM, SOL Remain Close to Multi-Week Highs, as Markets C...
Cosmos climbed by as much as 5% in Wednesday's session, as the token remained close to a multi-week high. Cryptocurrency markets consolidated recent gains in today's session, with the global market cap down by 0.24% as of writing. Solana continued to trade above $20.00, as prices consolidated. Cosmos (ATOM) Cosmos (ATOM) was once again in the green... read More


March 15, 2:43 pm

Is $0.40 Incoming for XRP Following Recent Bullish Market Momentum? (Rip...
Although Bitcoin has experienced a significant surge in the last few days, Ripple's price action has been more stagnant, with no specific direction and limited volatility. However, the cryptocurrency is currently in a tight range and will likely exit soon, possibly leading to an impulsive move. Technical Analysis By Shayan The Daily Chart The crypt... read More


March 14, 5:30 pm

US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While ...
The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased some concerns, but fears of financial contagion have spread. Market strategists are further anticipat... read More


March 14, 9:56 am

BTC Surges to 20-Day Highs Above $24K Ahead of CPI Release: Market Watch
Today is shaping up like another interesting day within the cryptocurrency industry as the issues surrounding quite a few banks in the US are still undergoing. Moreover, the US Bureau of Labor Statistics will be releasing the CPI numbers later today - an event that's typically associated with considerable volatility. Let's dive in. Bitcoin Price Pu... read More


March 13, 6:15 pm

Bitcoin Bull Market on the Horizon According to Kiyosaki and Hayes
Robert Kiyosaki - an American businessman, investor, and motivational speaker better known as the author of the bestseller 'Rich Dad, Poor Dad' - thinks the current crisis in the banking sector will intensify. As such, he advised investors to focus on bitcoin, gold, and silver, arguing those assets could save them amid the potential turbulence. BTC... read More


March 13, 4:03 pm

Biggest Movers: LTC, ETC 15% Higher, as Crypto Markets Rebound on Monday
Litecoin was back in the green on March 13, as cryptocurrency markets rebounded to start the week. The token rose by as much as 15% in today's session, with the global crypto market cap trading nearly 10% higher. Ethereum classic also moved significantly higher.Litecoin (LTC) Litecoin (LTC) rose by as much as 15% to start the week, as cryptocurrenc... read More


March 13, 9:39 am

Bitcoin Explodes 10% Daily on Positive SVB Developments, Binance $1B Inj...
It's been a while since we last saw so many developments in such a short time within the cryptocurrency market. The most important piece of information seems to be that the US Government, in the face of the Federal Reserve, the Treasury, and the FDIC reassured that depositors in Silicon Valley Bank will be saved. Bitcoin's Price Rallies Bitcoin's p... read More


March 12, 12:30 pm

Extreme Market Turbulence: Critics Call Warren's Silvergate Take 'Terrib...
It's been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on 'crypto risk,' and individuals on social media pointing out that Warren is 'terribly misinformed.' Additionally, U.S. Regulators closed Silicon Valley Bank after reports of a bank ru... read More


March 10, 7:30 pm

Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Ma...
Amid the demise of Silvergate Bank and the troubles faced by Silicon Valley Bank (SVB), market analysts believe Signature Bank (SBNY) may be a buy as it's considered the 'last game in crypto-town,' according to Wells Fargo equity analyst Jared Shaw. Silvergate's liquidation caused SBNY shares to sink on Friday, dropping more than 13% as the day's t... read More


March 10, 3:57 pm

Crypto Market Cap Drops Below $1 Trillion as Bitcoin, Altcoins Deep in R...
The past seven days turned into a bloodbath across the entire cryptocurrency market, which dropped below $1 trillion in terms of total capitalization. This happens for the first time since January 14th. The decline comes on the back of a lot of negative macroeconomic developments, so let's unpack. First things first, Bitcoin's price is trading arou... read More


March 10, 9:51 am

Bitcoin Hits 2-Month Low as Crypto Markets Shed $70B in a Day: Market Wa...
Bitcoin took a serious hit in the past 24 hours, dumping by almost $2,000 to chart a two-month low beneath $20,000. The altcoins are in no better shape, with ETH, DOGE, SOL, LTC, TRX, and many others slumping by up to 15% in a day. BTC Dumps Hard The past several days did not go well for the primary cryptocurrency. It was last Friday when it droppe... read More


March 10, 5:30 am

Lego Prepares a Metaverse Collaboration With Epic Games to Target Digita...
Lego, the Danish toy company famous for its colorful plastic bricks, expects to diversify its entertainment offerings portfolio, targeting the metaverse. The company is preparing to present a virtual world in partnership with Epic Games, the gaming engine company, to continue increasing its market share and growth streak by entering new digital mar... read More


March 09, 8:30 am

Blockchain Retail Market Size to Top Over $2 Billion by 2028 — Stu...
According to Fortune Business Insights, the global blockchain retail market size is expected to surge from the $172.2 million recorded in 2021 to over $2 billion by 2028. Both the demand for the product by end-users as well as the growing use of the technology in supply chain management are expected to sustain the market's projected compound annual... read More


March 07, 6:00 pm

MEXC Global's Record Low Fees Boosting Crypto Market Recovery
[PRESS RELEASE - Please Read Disclaimer] Since MEXC Global announced it was slashing maker and taker fees on the platform, the exchange has seen renewed growth, mirroring the positive turnaround seen in the wider cryptocurrency market. The fees to trade spot and futures markets on MEXC Global have both dropped to zero for maker fees, and 0.02% for... read More


March 07, 9:55 am

FLOKI Enters Top 100 Following 15% Daily Surge: Market Watch
The untypical lack of any volatility continues for bitcoin as the cryptocurrency keeps trading around $22,400. The altcoins are in a similar state, with little-to-no movements from most larger caps. FLOKI has taken advantage and has popped into the top 100 after a massive daily surge. Will Bitcoin Finally Move Today? Last Friday saw a massive price... read More


March 06, 2:30 pm

Redemption and Reshuffling: BUSD's Exit From Top 10 Cryptocurrencies Sha...
It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since the redemptions. Presently, there are only two stable... read More


March 06, 9:47 am

Bitcoin Flatlines at $22.4K Ahead of Powell's Congress Testimony: Market...
Bitcoin, and for that matter, most of the alternative coins, have remained untypically calm for the past few days. However, the landscape will likely change today or tomorrow as all financial markets are preparing for Fed Chair Jerome Powell's testimony in front of Congress. BTC Stays Flat Last week was rather uneventful in terms of price action fo... read More


March 06, 8:00 am

Bear Market Doesn't Deter Giant Companies From Venturing in Crypto
There has been little movement in crypto over the weekend following the selloff last week. The broader market remains 65% down from its peak level in November 2021 as the bears remain in control. However, several prominent corporations have made moves into the sector recently, indicating confidence that things will turn bullish again at some stage.... read More


March 06, 6:30 am

Brazilian Tax Authority Numbers Reveal Cryptocurrency Market Recovery in...
Numbers from the Brazilian tax authority indicate that the cryptocurrency market experienced a resurgence in January, with trading increasing more than 10% compared to December. Tether's usdt is still the currency that moves the most volume, a reality related to OTC (over-the-counter) trades, according to market analysts.Crypto Market Moves Again i... read More


March 05, 6:30 pm

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashra...
Despite a 9.95% increase last week and the all-time high difficulty, bitcoin's hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set to occur on March 10, is estimated to increase again, as block t... read More


March 05, 9:31 am

Crypto Market Cap Maintains $1T as Bitcoin Stands Above $22K: Weekend Wa...
Bitcoin tried to recover some of its recently lost value in the past 24 hours but was stopped in its tracks and is back down to $22,300. The altcoins are quite stagnant on a daily scale, with EOS losing all of its yesterday's gains. Bitcoin Maintains $22K The low trading volumes of last weekend helped bitcoin remain around $23,000 for most of it. T... read More


March 04, 5:00 pm

Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billi...
As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital's research team published a report on the subject that says the market size of non-fungible tokens (NFTs) built on Bitcoin could reach $4.5 billion over the next two years. The researchers at Galaxy think that new use cases stemming from the inscription trend... read More


March 03, 3:00 pm

Ebb and Flow of Stablecoin Economy Continues With BUSD's Market Cap Drop...
The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD's token supply has dropped 40% lower. In contrast, the number of tethers in circulation has increased by 4.7% to 71.11 ... read More


March 03, 1:30 pm

Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Si...
Bitcoin dropped to a two-week low on Friday, as crypto markets continued to react to the uncertainty surrounding Silvergate. The solvency of the bank has been put into question, with Binance, Coinbase and other exchanges moving to halt transactions. Ethereum also edged lower, falling below $1,600 in the process.Bitcoin Bitcoin (BTC) plunged further... read More


March 03, 9:47 am

Bitcoin's Fast Crash to $22.2K and What's Next: Market Watch
Bitcoin's price plunged toward $22K earlier today, and the entire market followed. Billions were wiped off the total capitalization as all the major cryptocurrencies are currently trading in the red. The move follows turmoil at Silvergate Bank - a financial institution that was heavily focused on servicing major crypto companies. Bitcoin's Price Cr... read More


March 02, 4:30 pm

Biggest Movers: ADA Hits Multi-Week Low, as Red Wave Hits Crypto Markets
Cardano fell to a multi-week low on March 2, as cryptocurrency prices were mostly lower in today's session. The global market cap has mostly declined on Thursday, and is trading 1.71% lower as of writing. Cosmos was also in the red, with prices retreating to a key price floor.Cardano (ADA) Cardano (ADA) dropped to a multi-week low on Thursday, as p... read More


March 02, 3:53 pm

Cerus Markets Launches its Mobile Trading App $10,000 Giveaway
[PRESS RELEASE - Labuan, Malaysia, 2nd March 2023] Cerus Markets is excited to launch its Mobile Trading App Giveaway! Announcing an upcoming release of its trading platform, Cerus Markets is excited to offer traders an opportunity to be the first to access its Mobile Trading App and take a chance to win a share of $10,000 in cash. Cerus Markets is... read More


March 02, 9:54 am

Market Watch:Bitcoin Unable to Push For $24K as Market Cap Sheds $15B
The past 24 hours saw the total cryptocurrency market capitalization lose around $15 billion in total. This came on the back of slight declines in the major cryptocurrencies such as Bitcoin, Ethereum, and others. It's interesting to see if this development suggests that the bulls are running out of steam or if they are simply preparing for another ... read More


March 01, 9:43 am

Stacks Marks 10-Month Highs Above $1, Bitcoin Eyes $24K Again: Market Wa...
Bitcoin's rollercoaster of around $23,000 and $24,000 continues, as the asset bounced off the former to tap the latter once again in the past 24 hours. Most altcoins have also turned green today, and, somewhat expectedly, as of late, STX has stolen the show. BTC Touched $24K (Again) Last week saw BTC try its hand at taking down $25,000 a few times ... read More


February 28, 9:40 am

SOL Down 14% Weekly Amid Network Issues, BTC Stopped at $24K: Market Wat...
Bitcoin initiated another leg up towards $24,000 but failed inches away from it, and the subsequent rejection brought it down by almost $1,000. Most altcoins are also slightly in the red today. SOL is among the poorest performers on a weekly scale amid the latest network issues. Bitcoin Stopped Ahead of $23K BTC tried to overtake $25,000 three time... read More


February 27, 7:00 pm

Artificial Intelligence Crypto Assets Continue to Surge, Accounting for ...
Following a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to see gains over the last 30 days. Currently, out of 74 listed AI-focused cryptocurrencies, the net value of all these tokens has risen to more than $4 billion, which accounts for 0.37% of the entire crypto economy's value. Majority of Listed... read More


February 27, 7:00 am

Russian Darknet Markets, Ransomware Groups Thrive Despite Sanctions, Rep...
Russian marketplaces on the dark web have continued to operate despite Western sanctions and efforts to shut them down, according to a report accessing the illicit blockchain space amid the world’s “first crypto war.” Ransomware actors and high-risk crypto exchanges have also remained active.Underground Russian Crypto Platforms Ad... read More


February 26, 7:30 pm

Market Strategist Michael Wilkerson Believes US Inflation Could Rise to ...
While several market strategists and analysts expect U.S. inflation to drop considerably in 2023 compared with last year, Michael Wilkerson, founder of Stormwall Advisors, thinks the inflation rate could climb as high as 12% by the end of this year. The country’s inflation rate has cooled down over the past seven months, but Wilkerson insists... read More


February 25, 5:00 pm

Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billi...
The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that same timeframe, the top smart contract token economy... read More


February 25, 9:19 am

Crypto Markets Lost $40B as Bitcoin Dumped to 10-Day Low: Weekend Watch
Bitcoin didn't react well to the latest PCE data coming from the US and dropped by almost a grand to a ten-day low. The altcoins also sit deep in the red, with the most substantial losses coming from MATIC, DOT, UNI, and others. Bitcoin Fell to $23K The end of last week went a lot better than this one as BTC skyrocketed by double-digits to chart a ... read More


February 24, 8:00 pm

NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week's ETH-...
Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales have been settled over the last seven days.Ethereum Digital Collectibles and Mutant Ape Yacht Club Lead NFT Sales Surge While crypto asset prices took ... read More


February 24, 9:45 am

Optimism (OP) Soars Above $3 on Coinbase News, BTC Choppy at $24K: Marke...
Bitcoin continues with its indecisive price performance and its inability to successfully overcome $24,000 as it sits inches below that level right now. Most altcoins are also slightly in the red today, with the most notable losses coming from Avalanche, VeChain, MATIC, Polkadot, and others. Bitcoin Beneath $24K The primary cryptocurrency went thro... read More


February 24, 6:30 am

Tencent to Offer Metaverse-Building Services for Asian Markets
Tencent, the Chinese software and tech company, has announced its metaverse suite of services designed to target Asian markets. The company revealed that it will revamp its media offering with its new 'metaverse-in-a-box' proposal, which aims to facilitate the task of building virtual worlds for third-party companies. Tencent to Focus on Offering ... read More


February 22, 9:53 am

Crypto Markets Lost $50B Following Wall Street Tuesday Crash: Market Wat...
Bitcoin failed at decisively overcoming $25,000 once again yesterday, and the subsequent rejection brought it back down to just below $24,000. Most altcoins have suffered even more on a daily scale, with MATIC, OKB, SOL, and several others dumping by around 7%. Bitcoin Mimicks Wall Street The past several days, more precisely since the end of last ... read More


February 22, 12:00 am

US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty,...
On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the United States. Additionally, the chief U.S. equity strategist at Morgan Stanley said the stock market is in a 'death zone' and could dro... read More


February 21, 9:30 pm

Binance Increases USDC Holdings as BUSD's Market Cap Slides Lower
Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin's market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest cryptocurrency exchange by trade volume, has increased its usd coi... read More


February 21, 9:57 am

Bitcoin Stopped at $25K, Conflux Explodes 510% Weekly on China Hype: Mar...
Bitcoin tried its hand at taking down $25,000 decisively once again in the past 24 hours, but to no avail so far. Most altcoins have also turned red today, with MATIC, SOL, and LTC slipping by over 3%. CRO, on the other hand, has soared by more than 8%. Bitcoin Fails at $25K Bitcoin experienced a highly volatile end of the previous trading week, su... read More


February 19, 11:30 pm

Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6...
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of the crypto economy's $67.71 billion in global trade volume... read More

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