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Markets
Dogecoin Sees Weekend Bump After Musk Tweets, Synthetix Volumes Grow to $200M
Separate catalysts saw the two tokens jump and see volatility over the weekend, with SNX rising as much as 85% in the past 24 hours.
Bitcoin Rebounds Past $20K, Ether Soars Above $1,100
The price of bitcoin bounced 16.7% off of its Saturday lows. Ether followed with a 29% gain.
Crypto Market Tumbles as Bitcoin Breaks Previous Cycle's Highs
Bitcoin’s price fell well below $19,783, the all-time high it notched in December 2017.
Bitcoin Plunges Below $20K for First Time Since December 2020; Ether Drops Below $1K
The continuing plunge in traditional financial markets and panic about crypto lending platforms sent Bitcoin into the teens for the first time in more than 18 months.
Market Wrap: Bitcoin Heads for Worst Week in Year
The latest crypto news and headlines for Friday, June 17.
Wallet That Helped Trigger UST Implosion Linked by Analysis Firm to Terra Developer
The popular decentralized stablecoin lost its dollar peg and fell to pennies in May. A South Korean blockchain analysis firm suggests the death spiral was sparked by transactions from a wallet linked to the lead Terra developer – though any motivation or rationale remains a mystery.
Three Arrows Capital Confirms Heavy Losses From LUNA's Collapse, Exploring Potential Options: Report
The company's co-founder said it's looking into the possibility of asset sales and a rescue by another firm.
Bitcoin Recovers Over $21K as Fed Commits to Slow Inflation; Traders Remain Cautious
Chair Jerome Powell said the central bank remains committed to reducing inflation ,and increased interest rates by 75 basis points earlier this week.
DeFiance, Avalanche, dYdX Distance Themselves From Three Arrows Capital Drama
The firms said operations will continue as usual as the crypto community assesses the fallout from speculation the crypto hedge fund failed to meet margin calls.
Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers
A trading pool that large institutional investors such as Alameda Research and Three Arrows Capital have used to dump their “stETH” tokens is now nearly drained and heavily imbalanced, potentially trapping retail investors as well as the embattled crypto lender Celsius.
