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Markets
Crypto Sell-Off Wipes $700B From Industry Market Cap So Far in 2022
The market value of all cryptocurrencies has plummeted to $1.6 trillion from $2.3 trillion at the start of the year, according to CoinGecko data.
Bitcoin Short-Term Bounce Faces Resistance at $40K
Extreme oversold readings preceded an uptick in BTC.
Investors Put $14M Into Crypto Funds Last Week as Bitcoin Market Cratered
Inflows into digital-asset funds last week – after five straight weeks of outflows – suggest investors were taking advantage of the price dip.
Bitcoin Drops to 6-Month Low, Ether Eyes Bearish Cross as US Stock Index Futures Erase Early Gains
Bitcoin and ether fell to their lowest levels since July after Goldman Sachs predicted a faster pace of Fed tightening.
Fantom Becomes Third-Largest DeFi Protocol by Value Locked
The value locked on DeFi-centric projects built on Fantom surged 52% in the past week.
Bitcoin Whales Stay Away Even as Technical Indicator Flashes Oversold
RSI can stay oversold longer than dip buyers can stay solvent.
Cosmos Token Surges 8% Amid Airdrops, Polkadot Bridge
Prices of airdropped tokens to Cosmos stakers were some of the biggest gainers in the past 24 hours.
Bitcoin Heads for Worst Week in 8 Months as Traders Lament 'Pikachu Pattern'
The price appeared to stabilize around $35,000, but gallows humor filled social-media sites as more than $1.5 billion of tradition positions were liquidated.
Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts
The only real “ETH killer” might end up being Ethereum 2.0, according to analysts for the U.S. exchange Coinbase.
Ether, Altcoins Tank, With Bitcoin as Decoupling Narrative Goes Up in Smoke
The developing narrative of ether and altcoins decoupling from bitcoin in an adverse macro environment went up in smoke Friday, as a sell-off in stocks and BTC caused extensive damage to the broader digital asset market. Is centralized liquidity dictating the market value of cryptocurrencies promising decentralization? Are we in a bear market?
