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Markets
Market Wrap: Bottom Has Not Been Reached for Crypto, but Capitulation Is Needed
The rally in bitcoin and other major cryptocurrencies after the Fed meeting on Wednesday proved short-lived.
DeFi Protocol Inverse Finance Exploited for $1.2M
Attackers used a flash loan attack to drain the open-source protocol outfit of bitcoin and tether.
Dogecoin, Solana Tokens Lead Gains Among Major Cryptocurrencies
Crypto market capitalization has increased about 4.5% in the past 24 hours after sliding earlier this week.
Tron's TRX Bumps 27% as DAO Deploys $220M for Token Purchase
Founder Justin Sun has injected over $2 billion this week to support the Tron market.
Market Wrap: Fed Hikes Rates at Highest Level Since 1994, Bitcoin Rallies After
The cryptocurrency fell to $20,270 after the Fed's statement but rebounded shortly after.
Tether Sees New Wave of Redemptions as Fear of Market Contagion Spreads
Investors pulled out some $1.6 billion this week from USDT, the largest stablecoin by market capitalization, amid growing nervousness as cryptocurrency prices keep sliding.
Fed Announces Biggest Interest Rate Hike in 28 Years; Bitcoin Gains
"The labor market is extremely tight, and inflation is much too high," said Chair Jerome Powell.
First Mover Americas: Bitcoin Slides Toward $20K in Record Losing Streak as Fed, ECB Meet
The latest moves in crypto markets in context for June 15, 2022.
Bitcoin Drops Toward $20K Amid Contagion Risks in Crypto Markets
The asset is nearing a price level not seen since 2020 as prominent crypto firms see possible insolvencies.
