DeFi market fell off cliff in Q2 but users haven’t given up hope: Report

While on-chain activity slowed down, the DeFi industry has managed to retain most of its daily active users.

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Stellar [XLM]: Evaluating the possibility of an extended decline

Stellar's [XLM] long-term squeeze near the $0.10611-mark finally broke down from the descending triangle (green) structure in the daily chart. The recent liquidations have flipped the long-time supporThe post Stellar [XLM]: Evaluating the possibility of an extended decline appeared first on AMBCrypto. дальше »

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5ire Raises $100M to Fund Expansion of Sustainable Blockchain

Pratik Gauri founded the company with fellow Indian Prateek Dwivedi and Vilma Matilla. Gauri and Dwivedi, friends for more than a decade, came up with the idea at an Indian tea shop writing the first thoughts down on a napkin. дальше »

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Celo network back online after almost 24-hour outage

It was the first time the Celo mainnet had gone down in more than two years.

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Market Wrap: Bitcoin Surges as Fed Governor Talks Down 100 Basis Point Rate Hike

U.S. Federal Reserve Governor Christopher Waller said he supports hiking interest rates by 75 basis points in July, alleviating some fears of a 100 basis-point raise. дальше »

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India Shuts Down Blockchain and Crypto Assets Council Citing Compliance Issues

The Internet and Mobile Association of India (IAMAI) will dismantle the Blockchain and Crypto Assets Council (BACC) in what is being considered a massive blow to the only representative body for the domestic crypto industry. дальше »

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Religious Zealots Think Bitcoin Was Created by God

We are very sorry to inform you that the Bitcoin bros are so not OK that some of them have begun believing that the cryptocurrency was sent down by the Christian God himself. "This is the genius of God," Tomer Strolight, a former nonbeliever who got into Bitcoin and subsequently got baptized because of it, […] дальше »

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When Will The Extended Stretch Of Extreme Fear In Crypto End?

Data shows the crypto market almost escaped from the extreme fear territory earlier in the week, but the sentiment has once again slumped down during the last few days. Crypto Fear And Greed Index Continues To Point At “Extreme Fear” As per the latest weekly report from Arcane Research, the current streak of extreme fear, which happens to be the longest ever, couldn’t be broken this week. дальше »

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Analysts See Recovery for CEL Token Despite Celsius Bankruptcy

CEL was down more than 10% in the past 24 hours, but some see a “fresh start” for the tokens. дальше »

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Celo Grinds to a Halt, Validators “Working to Restart the Network”

The Celo blockchain has been down for more than 13 hours. Celo Suffers Ongoing Outage The Celo blockchain has been unable to process transactions for over 13 hours. According to... дальше »

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Bitcoin (BTC) Recovers With Bullish Engulfing Candlestick, but Could Still Break Down

Bitcoin (BTC) is at the support line of a corrective pattern that has been in place since June 18. A potential breakdown would be expected to lead to new lows. The post Bitcoin (BTC) Recovers With Bullish Engulfing Candlestick, but Could Still Break Down appeared first on BeInCrypto. дальше »

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Shiba Inu’s Ecosystem Is Expanding. Can It Shed Its Meme Coin Status?

Crypto Briefing goes down the meme coin rabbit hole to see if Shiba Inu has what it takes to grow into a more serious crypto project worthy of its $6.4... дальше »

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Crypto Collapse Pulls Celsius Network Down Into Bankruptcy

Crypto lender Celsius Network, one of the biggest in the world, has filed for Chapter 11 bankruptcy protection, joining a string of crypto asset organizations that have restructured in response to a severe sell-off in cryptocurrencies this year. дальше »

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Celsius officially declares bankruptcy after paying down DeFi loans

CNBC reported Wednesday night that Celsius has informed: “state regulators that it’s filing for bankruptcy ‘imminently. ” The company will move toward chapter 11 bankruptcy as it struggles to deal with its liquidity issues. дальше »

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ETC: Dollar-cost averaging can be used to enter long all the way down to...

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Over the past month, Bitcoin [BTC] has foThe post ETC: Dollar-cost averaging can be used to enter long all the way down to... appeared first on AMBCrypto. дальше »

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Ethereum Merge will not reduce gas fees, DeFi researcher says

DeFi trader Vivek Raman, in a Twitter thread, has argued that Ethereum’s (ETH) anticipated Merge would not bring down the network fees as expected by many. The post Ethereum Merge will not reduce gas fees, DeFi researcher says appeared first on CryptoSlate. дальше »

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Bitcoin, Altcoins and Market Tumble Down as Inflation Hits 40-Year High of 9.1%: Crypto Market Review, July 13

Unexpectedly high inflation numbers strike again and push cryptocurrency market down, but it is not as bad as some expected дальше »

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Bitcoin (BTC) Falls to Support Zone Of Consolidation Pattern; Will It Break Down?

Bitcoin is close to breaking down from a corrective pattern that has been in place since June 18. If this occurs, it would be expected to lead to new long-term lows. The post Bitcoin (BTC) Falls to Support Zone Of Consolidation Pattern; Will It Break Down? appeared first on BeInCrypto. дальше »

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Three Arrows’ Assets Frozen In Emergency Hearing

Three Arrows Capital (3AC) has had its assets frozen as part of recent court proceedings, according to various reports. Bankruptcy Judge Clamps Down On 3AC An emergency hearing was held... дальше »

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Three Arrows’ Assets Frozen in Emergency Hearing

Three Arrows Capital (3AC) has had its assets frozen as part of recent court proceedings, according to various reports. Bankruptcy Judge Clamps Down On 3AC An emergency hearing was held... дальше »

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Is ApeCoin a buy after retesting $4.3 support?

ApeCoin finds support at the $4.3 price level. APE is down 83.8% from its…

The post Is ApeCoin a buy after retesting $4.3 support? appeared first on CoinJournal.

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French central bank head announces Phase 2 of wholesale digital euro project

The French presidency of the European Union winds down with the completion of wCBDC experiments, the design of a proprietary blockchain and an automated market maker platform. дальше »

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GameFi — the Tech Sector That’s Bear Market Proof

For the past months, Bitcoin has lost 70% of its value from its all-time high at $69K last November causing fear in the crypto market in what is more commonly known as “Crypto Winter”. Investments in blockchain projects have staggered, but even as the market is down, there is one sector that is sustaining growth: … Continued The post GameFi — the Tech Sector That’s Bear Market Proof appeared first on BeInCrypto. дальше »

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Satoshi Wept: How Crypto Replayed the 2008 Financial Crisis

It only took 13 years for crypto to recreate the same kind of financial crisis it was designed to prevent. Here’s how it (almost) all went down. дальше »

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Celsius Unlocks $418M From Aave

Celsius has unlocked 400,000 stETH from Aave. The crypto lending company has recently been winding down its positions across the DeFi landscape, possibly in an effort to deal with its... дальше »

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Celsius Reclaims $410M of 'stETH' Tokens After Paying Down $81M Debt to Aave

The embattled crypto lender Celsius is inching closer to fully paying off its loans from decentralized finance protocols, reducing its outstanding debt to $59 million. дальше »

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Cardano (ADA) Breaks Down Below 60-Day Horizontal Support Area

Cardano (ADA) attempted to create several higher lows and a bullish structure after its May 12 bottom. However, it failed to do so and is in the process of breaking down. The post Cardano (ADA) Breaks Down Below 60-Day Horizontal Support Area appeared first on BeInCrypto. дальше »

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Texas Crypto Miners Move to Switch Off as Heatwave Threatens Power Grid

Crypto miners in Texas shut down their operations ahead of a heat wave many anticipate will test the limits of the state’s power infrastructure. The post Texas Crypto Miners Move to Switch Off as Heatwave Threatens Power Grid appeared first on BeInCrypto. дальше »

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Wall Street Investors Expect Bitcoin To Hit $10,000, Is This Possible?

The decline of bitcoin over the last several weeks has raised concerns among investors in the space. The digital asset which had peaked at $69,000 had declined as low as $17,600 and continues to struggle to hold $20,000, dragging investor sentiment down with it. дальше »

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Crypto miners in Texas shut down operations as state experiences extreme heat wave

ERCOT reported that wind generation in Texas was “generating significantly less," potentially leaving the state unable to meet energy demands during triple-digit temperatures. дальше »

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Cardano price outlook: Veteran trader says ADA is poised for more pain

Cardano, currently the eighth largest cryptocurrency by market cap, is down more than 4% on Monday evening, 11 July. At the price of $0. 44 per unit, Cardano’s native coin ADA has shed 22% in the past 30 days and is down 85% from its all-time high of $3. дальше »

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Assessing odds of Chainlink breaking down from its current pattern

Chainlink’s [LINK] inverse head and shoulder breakout failed to maintain a position beyond the three-month trendline resistance (white, dashed). While the price kept traversing below the south-lookiThe post Assessing odds of Chainlink breaking down from its current pattern appeared first on AMBCrypto. дальше »

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Dogecoin prediction as most altcoins sink amid bearish pressure

Dogecoin’s DOGE is down 4% in 24 hours Most cryptocurrencies are falling ahead of… The post Dogecoin prediction as most altcoins sink amid bearish pressure appeared first on CoinJournal. дальше »

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Ethereum 2.0 Weekly Deposits Have Slumped Down To Lowest Ever

Weekly deposits of the Ethereum 2.0 staking contract have been going down recently due to the plunging price of ETH, and are now at the lowest value ever. Ethereum 2.0 Contract Is Now Observing Only 122 32-ETH Deposits Per Day As per a report from analytics firm Glassnode, the ETH 2.0 average deposits have sharply […] дальше »

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Heatwave Forces Texas Bitcoin Miners to Shut Down

Bitcoin miners are cooperating with Texan authorities to help alleviate the states energy grid in anticipation of a heatwave; over 1,000 megawatts worth of power allocated for Bitcoin mining is... дальше »

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“Doom Loop”: Arthur Hayes Reiterates $1 Million Bitcoin Price Prediction

Arthur Hayes has doubles down on his $1 million Bitcoin price call дальше »

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Grayscale Looks To Score Major Win Against SEC Over Its Spot Bitcoin ETF — How It Could Play Out In Court

Grayscale’s application for a Bitcoin ETF was scuttled by the Securities and Exchanges Commission (SEC) but the company will not be backing down without a fight. дальше »

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Axie Infinity (AXS) Breaks Down From Short-Term Pattern

Axie Infinity (AXS) has been moving upwards since June 18 but has yet to break out from a descending resistance line. The post Axie Infinity (AXS) Breaks Down From Short-Term Pattern appeared first on BeInCrypto. дальше »

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Twitter Shares Down 7% Following Elon Musk's Scrapped Takeover

Twitter (TWTR) shares were down 6.6% in pre-market trading following Elon Musk's decision to scrap his planned $42 billion takeover of the social media platform. дальше »

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Ethereum's Price Being Pushed Down by FTX, Here's How

Ethereum's downtrend is far from being over as more exchanges offer high interest rate to those who are willing to short дальше »

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Celsius changes legal team, pays off $20M in Aave debts

The embattled platform continues to wind down its debts to DeFi lending protocols, having just paid off 20 million USDC to Aave.

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First Mover Asia: Bitcoin Slides; Mixed Crypto Legacy in Hong Kong for the FCA's Incoming CEO

Bitcoin slides for third day, heads back down toward $20K. дальше »

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A brief history of Bitcoin crashes and bear markets: 2009–2022

Bitcoin has historically seen its price down from previous highs for more than three years, and the latest peak took place just seven months ago. дальше »

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RBI Governor: Cryptocurrency is a Clear Danger to Financial Stability

India’s central bank governor has once again given the thumbs down to cryptocurrencies and called them a danger. In the foreword to the Reserve Bank of India’s (RBI) 25th Financial Stability Report (FSR), RBI Governor Shaktikanta Das called for a drastic approach by national authorities to deal with the growing threat from the digital assets […] дальше »

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Dogecoin Has Risen 78,000% from Its All-Time Lows

Dogecoin remains down 89.17% from its all-time highs in 2021 дальше »

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KuCoin Shuts Down Rumors Of Halting Withdrawals And Claims That It’s Enabling Fraud In Roller Coaster Day

KuCoin has refuted rumors on Twitter over the weekend that it is planning to halt withdrawals due to undisclosed LUNA exposure even as it faces claims that it enables fraud. KuCoin’s CEO Johnny Lyu has taken to Twitter to refute rumors that the exchange is gearing up to halt withdrawals as fear, uncertainty, and doubt […] дальше »

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Bitcoin tourists exit the market, Peter Schiff’s bank closes down and Voyager to restructure: Hodler’s Digest, July 3-9

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Axie Infinity [AXS] advances on the price chart but could the bears have laid down a trap?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. On a higher timeframe chart, Axie InfinitThe post Axie Infinity [AXS] advances on the price chart but could the bears have laid down a trap? appeared first on AMBCrypto. дальше »

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Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize

The troubled crypto lender Celsius paid down a $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. A day earlier, Celsius used a debt-paydown to reclaim collateral on the Maker protocol. дальше »

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Gloria Zhao Becomes First Female Bitcoin Core Maintainer, Pieter Wuille Steps Down

Zhao gained the Bitcoin Core maintainer status on Thursday as Marco Falke merged her PGP key fingerprint as a trusted key onto the codebase. дальше »

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