Old Bitcoin mining rigs risk ’shutdown‘ after BTC price slips under $24K
New generation Bitcoin mining machines would remain profitable even if the BTC price crashes by another 50%. Older Bitcoin (BTC)...
Monat: Juni 2022
Crypto crash wreaking havoc on DeFi protocols, CEXs
Data points to capital flight among most major DeFi protocols.
Bitcoin has support at $23K, but analysts warn of a dire drop to $8K as global debt unwinds
BTC’s sell-off is easing slightly, but traders are afraid that negative newsflow and future U.S. interest rate hikes could push...
Scientists claim to have designed a fully decentralized stablecoin pegged to electricity
The E-Stablecoin would require several scientific advancements that are already in the works, and would allegedly make it possible to...
US trademark filing hints at Arizona State University planning classes in the metaverse
The seven filings also suggested ASU could be exploring the use of nonfungible tokens to authenticate many documents from diplomas...
Bitcoin price falls below its ‘realized price’ but is it time to buy the dip?
Another wave of selling hit BTC and sent its price to lows not seen since December 2020. Does on-chain data...
Crypto Lending Company Blockfi Cuts Staff by 20%
On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business...
Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets
On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $24,000 to Lowest Level Since December 2020
Bitcoin fell to its lowest level since December 2020 to start the trading week, as crypto markets continue to plunge....
Russian Parliament to Review Bill Prohibiting Crypto Payments
Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s...
Crypto users take to Twitter to lament the ongoing market downturn
What goes up must come down. And then go up again. Then come down again. And on and on and...
Law Decoded, June 7–13: Lummis-Gillibrand bill is finally here
Senators confirmed that Bitcoin and Ether will be classified as commodities and regulated by the CFTC. One can hardly name...
Floor price of popular NFT collections collapse due to bear market
Not even popular art collectibles could survive the wrath of the market downturn. It appears there is no respite anywhere...
Binance resumes withdrawals as many retail crypto investors monitor exchanges
Many social media users seem to be waiting for other crypto exchanges, including Coinbase and Kraken, to follow in Binance's...
Bitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions
Is it time to be greedy? Experienced market makers and arbitrage desks have turned strongly risk-averse as BTC price dropped...