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Defying Gravity: Why XEM, CRO, and SOL Price are Trending Up Amid Market Downturn

Defying Gravity: Why XEM, CRO, and SOL Price are Trending Up Amid Market Downturn

While the market is bearish today, XEM, CRO, and SOL are showing strong resistance and are trending up

Binance Launches $500M Fund for Distressed Bitcoin Miners

Binance Launches $500M Fund for Distressed Bitcoin Miners

Private and publicly-listed bitcoin miners can now apply for loans with Binance as the crypto exchange launched a $500 million fund to cope with the ongoing downturn of the crypto-market conditions.

Argo Shares Plunges 72% After Fundraising Fails to Go Through

Argo Shares Plunges 72% After Fundraising Fails to Go Through

Shares of Bitcoin miner Argo fell 72% on Monday after a strategic investor failed to participate in the company's fundraising event

Coinbase to Taper Down its Hiring Plans amidst Unfavorable Market

Coinbase to Taper Down its Hiring Plans amidst Unfavorable Market

Nasdaq-listed cryptocurrency exchange, Coinbase Global Inc, is tapering down its plans to hire more staff this year as current market realities do not permit it.

Web3 Startups Witness 76% Plunge in Venture Funding in Q2 2023

Web3 Startups Witness 76% Plunge in Venture Funding in Q2 2023

Web3 startups saw a 76% drop in Q2 2023 funding, with only $1.8B raised. Despite VC downturn, Bitcoin and Ether prices surged. Future of Web3 funding remains uncertain.

Galaxy Digital’s Q2 Net Loss Tripled To $554.7 Million Amid Market Turmoil

Galaxy Digital’s Q2 Net Loss Tripled To $554.7 Million Amid Market Turmoil

Galaxy Digital said its net loss in the second quarter had risen three times the amount it experienced during the same period last year. The asset manager stated that the losses were triggered by the ongoing market downturn.

Flowcarbon Postpones Token Launch amid Crypto Market Downturn

Flowcarbon Postpones Token Launch amid Crypto Market Downturn

FlowCarbon announced that it has postponed the launch of its token due to slowing operations triggered by the current difficulties in the market.

Coinbase Cuts Employees By 18% as Market Outlook Remains Bleak

Coinbase Cuts Employees By 18% as Market Outlook Remains Bleak

CEO Brian Armstrong has announced that approximately 18% of all of Coinbase Global Inc’s workforce will be laid off as the cryptocurrency trading platform strategizes to navigate the now evident crypto winter.

Coinbase to Revoke Job Offers Extended to Newly Employed Staff

Coinbase to Revoke Job Offers Extended to Newly Employed Staff

Coinbase Global Inc, the largest trading platform in the United States is going all tough on its no-hiring plans which was announced by Emilie Choi, the firm’s President and COO about 2 weeks ago

Jump Crypto Enters Confidential Phase in SEC vs. Terraform Labs Case

Jump Crypto Enters Confidential Phase in SEC vs. Terraform Labs Case

Jump Crypto has been granted access to confidential documents in the SEC vs. Terraform Labs case, allegedly implicating them in the TerraUSD devaluation and Terra's collapse.

Bitcoin Is Working Despite Broad Market Downturn, Says El Salvador FM

Bitcoin Is Working Despite Broad Market Downturn, Says El Salvador FM

Alejandro Zelaya has defended El Salvador’s Bitcoin plan. According to the finance minister, the plan is working amid challenges posed by the market crash.

Stone Ridge Shutting down Bitcoin Futures Fund, Returning Money to Investors

Stone Ridge Shutting down Bitcoin Futures Fund, Returning Money to Investors

Stone Ridge’s Bitcoin Futures Fund suffers losses triggered by market downturn and competition.

Crypto Downturn Hits Luxury Watches Market Sales

Crypto Downturn Hits Luxury Watches Market Sales

Reports show that crypto traders and users are more likely to purchase luxury items. The meltdown in crypto prices has directly impacted the pricing of luxury watches.

WisdomTree Third-Quarter Crypto Assets’ AUM Drop 36% As Market Losses Continue

WisdomTree Third-Quarter Crypto Assets’ AUM Drop 36% As Market Losses Continue

WisdomTree has seen its crypto assets under management fall by 36% in what the company said has been triggered by the ongoing market turbulence.

Ethereum Foundation's 1.7K ETH Sale Signals Potential Price Downturn

Ethereum Foundation's 1.7K ETH Sale Signals Potential Price Downturn

The Ethereum Foundation's sale of 1,700 ETH, coupled with pessimistic views from a crypto trading KOL and Mike Alfred, has fueled concerns about Ethereum's financial outlook. These developments may signal a potential downturn in ETH prices.

Payments Firm Bolt Scraps $1.5B Proposed Acquisition of Crypto Firm Wyre

Payments Firm Bolt Scraps $1.5B Proposed Acquisition of Crypto Firm Wyre

Bolt said that it has pulled out of a $1.5 billion deal to buy crypto firm Wyre amid market downturn.

Bitcoin Educator Andreas Antonopolous Believes Oil Price Crash Gives US Bitcoin Miners an Advantage

Bitcoin Educator Andreas Antonopolous Believes Oil Price Crash Gives US Bitcoin Miners an Advantage

Following the oil market crash in April, electricity prices have continued to fall globally. Bitcoin educator Andreas Antonopoulos believes that despite the disruption to industries, the oil market downturn could give US cryptocurrency miners an advantage.

BTCS Crypto Portfolio Expands Over 280% in Q2 2020 Amid COVID-19 Pandemic

BTCS Crypto Portfolio Expands Over 280% in Q2 2020 Amid COVID-19 Pandemic

While many institutions struggled to recover from the market downturn experienced in March, publicly-traded, blockchain-focused firm BTCS Inc. (OTCQB: BTCS) has increased its portfolio by 285 percent in Q2 2020, through well-timed investments in both bitcoin (BTC) and ether (ETH), and crossed the $1 million mark for cryptocurrency assets under management (AUM).

Jul 30 Trading Analysis: The Running of the BTC Bulls

Jul 30 Trading Analysis: The Running of the BTC Bulls

- BTC trading resiliently around the $11k mark with open interest across global exchanges hitting $5 billion, a level not seen since February this year. - Overnight, no surprises from the U.S. Fed who left interest rates near zero and vowed to use all its tools to support the recovery from an economic downturn that Chair Powell called the most severe “in our lifetime.” - Trade strategy: Think we have got some momentum going as rotation from DeFi and precious metals investors as well as even day traders from the U.S. (think Robhinhood).

Bitcoin is in a Temporary Low, Crypto Whales Buy the Dip

Bitcoin is in a Temporary Low, Crypto Whales Buy the Dip

Bitcoin is most likely in a temporary low in but BTC whales are taking advantage of the situation by accumulating more coins.

China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides

China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides

Investment activity in China’s tech sector has seen a massive drop in the past four months since the coronavirus outbreak has emerged from the city of Wuhan. The venture capital market has been suffering a tremendous impact on its existing drop in activity.

Bitcoin Plunges Despite Tesla's Bitcoin Announcement and Reports of Fidelity's ETF Filing

Bitcoin Plunges Despite Tesla's Bitcoin Announcement and Reports of Fidelity's ETF Filing

Bitcoin is down despite Fidelity's ETF filing and Tesla's announcement that the company will welcome Bitcoin payments.

Bloomberg Report: COVID Stock Market Shake-Out Accelerating Bitcoin Maturation Into Digital Gold

Bloomberg Report: COVID Stock Market Shake-Out Accelerating Bitcoin Maturation Into Digital Gold

A new report from international news agency Bloomberg indicates that the COVID-19 pandemic’s shake-out of the stock market may be accelerating Bitcoin’s maturation into a new kind of digital gold.

Google Finance Pushes Crypto Further into Mainstream with Bitcoin, ETH, LTC Tabs

Google Finance Pushes Crypto Further into Mainstream with Bitcoin, ETH, LTC Tabs

Crypto prices may be falling but mainstream interest is certainly rising as Google Finance adds a dedicated "Crypto" tab to monitor Bitcoin, Ether, Litecoin, and Bitcoin Cash.

$600 Dollar Stimulus Checks to Stimulate Bitcoin Price Bullish Momentum

$600 Dollar Stimulus Checks to Stimulate Bitcoin Price Bullish Momentum

Data indicates a high possibility that many US stimulus recipients will opt to invest their $600 check into Bitcoin, which could further boost BTC's upward price momentum.

Understanding the Market Structure of Oil and its Correlation with Bitcoin

Understanding the Market Structure of Oil and its Correlation with Bitcoin

The price of crude oil dropped below zero for the first time in history. With storage facilities filled to the brim and settlement of May futures contract on Tuesday, the price movement has shocked many. In this analysis, we study the recent history of oil, what drives it price and how it affects Bitcoin.

Stablecoin On-Chain Activity at Record Highs but Will Crypto Market Inflation Follow?

Stablecoin On-Chain Activity at Record Highs but Will Crypto Market Inflation Follow?

On-chain activity for stablecoins has surged over the last year, increasing by 800% according to the latest market intelligence, but could the increase in stablecoin issuance create inflation in the cryptocurrency markets as past allegations against Tether and Bitfinex have suggest ?

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