Market News – Page 15 – WORLD CRYPTO BUSINESS

Four Metrics Suggest the Bitcoin Market Bottom Is Near

[ad_1] Key Takeaways Bitcoin has dropped by nearly 70% from its all-time high.  Several metrics now suggest that the market bottom is near.  Still, BTC could fall to $15,670 before the trend... Read more »

Bitcoin Breaks Below Crucial $20,000 Level as Market Bleed Continues

[ad_1] Key Takeaways Bitcoin has broken below $20,000 for the first time since December 2020, while Ethereum has dipped below $1,000. It’s the first time Bitcoin has fallen below its previous cycle’s... Read more »

Lido Seeks to Reform Voting With Dual Governance

[ad_1] Key Takeaways The Lido community is considering a new approach to protocol decision-making called dual governance. Currently, only LDO holders can vote on decisions; the new approach would give stETH holders... Read more »

Cardano, Solana Attempt to Rebound

[ad_1] Key Takeaways Cardano and Solana have both dropped by more than 28% over the past week.  Both Layer 1 tokens show buy signals on their 12-hour charts.  If validated, ADA could... Read more »

Crypto Market Consolidates Off Biggest Rate Hike in 28 Years

[ad_1] Key Takeaways Many top crypto assets have broken their week-long downtrends following yesterday’s Federal Open Market Committee meeting. Bitcoin has bounced from its $20,000 psychological support level to take another shot... Read more »

Stablecoin Supply Decreases Over Quarter for First Time in History

[ad_1] Key Takeaways The total supply of stablecoins dropped for the first time in history. CoinMetrics charts show that over $13 billion has been redeemed directly from the treasures of major issuers,... Read more »

Almost Every Crypto Asset Is Down Over 90% From Peak

[ad_1] Key Takeaways Data from crypto price aggregator CoinGoLive shows that 98.5% of all cryptocurrencies are down more than 90% from their all-time highs. Around 95.5% of cryptocurrencies have fallen by more... Read more »

Decadence and Denial: Reflections on Consensus 2022

[ad_1] Key Takeaways Consensus 2022, CoinDesk’s flagship crypto conference, took place last week in Austin, Texas. The live music capital of the world drew in over 15,000 crypto enthusiasts from across the... Read more »

Celsius Token Spikes—Then Crashes—Amid Firm’s Woes

[ad_1] Key Takeaways Celsius’ CEL token soared over 300% today before crashing minutes later. The move may have been prompted by recent activity on a MakerDAO vault rumored to belong to Celsius.... Read more »

NFT Market Suffers in Crypto Meltdown

[ad_1] Key Takeaways The NFT market is crashing alongside Bitcoin and Ethereum. An increase in wETH trades on OpenSea suggests owners of dominant NFT collections such as Bored Ape Yacht Club may... Read more »