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Markets
Bitcoin Recovers to $36K Amid Mixed Response From Traders; Polkadot Leads Altcoin Gains
Crypto markets staged a brief recovery ahead of Wednesday’s Federal Reserve meeting.
Ethereum Money Markets See Record Liquidations as Ether Tanks; MakerDAO Revenue Surges
On Friday, MakerDAO collected more than $15 million in liquidation penalty fees.
Fantom Transactions Surpass Ethereum as Users Look to Farm Yields
Over 1.2 million transactions were recorded on the emerging layer 1 blockchain on Monday, data showed.
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.
