Bitcoin and Ethereum Prices Plunge, Investors Lose Confidence

Bitcoin Correction Continues as Price Tests Support

  • The cryptocurrency market has experienced a significant sell-off, led by the Shiba Inu-themed Dogecoin, which has fallen by over 6% in the past 24 houThe Federal Reserve's recent decision to keep interest rates unchanged has sparked debate about the future of manufacturing in the US. While the ISM mIn a recent blog post, Binance CEO Changpeng Zhao argued that initial coin offerings (ICOs) are not a good investment for most startups. Zhao stated tThe price of Bitcoin (BTC) has surged to $22,500, bucking the trend of a sharp economic downturn and a dovish pause in interest rate hikes by the Bank

    The recent Shanghai update on the Ethereum network has sparked a significant increase in the price of Ether (ETH), outperforming Bitcoin (BTC) in theThe cryptocurrency market has seen a significant shift in recent days, with Bitcoin and Celo (CELO) leading the charge while Ethereum and XRP struggleCoinDesk has tightened its index for Dogechain-linked cryptocurrencies, causing Ether to soar. The move comes as the crypto market awaits the outcomeCrypto markets have been experiencing a rollercoaster ride in recent weeks, with dips and restructuring efforts dominating the headlines. The latest nJerome Powell's speech at the Kansas City Fed Symposium has raised expectations for a rate hike, with the FedWatch tool indicating a 70% chance of a h

Celsius' Staking Launch Boosts Ethereum Prices, TIA's Restructuring Plans in Spotlight

  • River Financial, a San Francisco-based financial institution, has announced the launch of its zero-fee trading platform for Bitcoin. The platform, whiRobinhood's recent announcement of its SHIB inu has sent Dogecoin soaring, with the cryptocurrency's value increasing by over 40-fold in just a few moThe highly publicized COPA trial between Craig Wright and the estate of Dave Kleiman has come to an end, but the controversy surrounding the case contBinance Effect, a new decentralized finance (DeFi) platform, has been making waves in the blockchain and cryptocurrency space. The platform, which isCanto, a DeFi protocol, has seen a significant surge in liquidity and growth, with its TVL reaching $591 million and a daily trading volume of $48 mil

    The legal battle between FTX founder Sam Bankman-Fried and his former counsel, Stephen Cohen, has taken a new turn. Cohen has requested that the courtBinance, the world's largest cryptocurrency exchange, has been halted in Malaysia due to regulatory issues. The exchange has been facing scrutiny fromInvestors have poured $199 million into bitcoin-related exchange-traded funds (ETFs) in the past week, according to a report by CoinShares. This marksIn a recent interview, Binance CEO Changpeng Zhao emphasized the importance of holding value and wealth in cryptocurrency, rather than focusing on sho

Bitcoin Rebounds as Traders Shrug Off Negative News

  • USDC Stablecoin Sees Major Liquidation as Price Drops Below $1

    The founder of FTX, Sam Bankman-Fried, is set to be sentenced in March 2024 for his role in a criminal case related to the collapse of the cryptocurreThe Bahamas and the US are embroiled in a dispute over the extradition of FTX founder Sam Bankman-Fried, who is facing charges in the US. The Bahamas

  • Troubled Crypto Exchange Surge's Administrators Seek to Recover $33M in Frozen Funds

    Armanino, a leading accounting and consulting firm, has taken a bold step towards revolutionizing the crypto auditing industry with its innovative reaThe Ethereum options market has seen a significant increase in gamma exposure, according to recent data. Gamma exposure refers to the sensitivity of o

  • Aaron Rodgers Signs with Bitcoin Payment Processor Square

    The recent market turmoil has left many investors worried about the future of cryptocurrencies. One of the main concerns is the so-called "Alameda GapCoinbase, a leading cryptocurrency exchange, has received approval to list Ethereum and Litecoin in the state of New York. This development comes afte

  • Huawei's Future Uncertain as US Ban on Chips Looms

    The recent rally in bitcoin and ethereum has been put on hold as the Federal Reserve's inflation targeting has led to a pause in interest rate hikes.The price of Bitcoin (BTC) has surged to $22,500, bucking the trend of a sharp economic downturn and a dovish pause in interest rate hikes by the Bank

Ethereum's Goerli Testnet Upgrade Successfully Completed

The Ether/Bitcoin (ETH/BTC) pair has been showing strong bullish momentum in recent days, with the 10-day moving average crossing above the 50-day mov

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    Analysts are eyeing $53,000 as a key resistance level for CryptoCon, following a recent reversal in the cryptocurrency's price action. The reversal caThe latest news in the cryptocurrency market is the gaining momentum of Bitcoin ETFs, as Grayscale brushing prospects rise. According to a recent repo

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    FTX, a fast-growing cryptocurrency exchange, has raised $900 million in its latest funding round, the largest ever in the crypto space. The round wasCME Group, the world's leading derivatives exchange, has announced the launch of a new reference rate for ether-dollar trading. The rate, which will b

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    KuCoin, one of the largest cryptocurrency exchanges, has set a price target of $30,000 for Bitcoin, but the market is facing a tough battle due to infBitcoin surged to a 2-year high on Wednesday, reaching $9,600 for the first time since August 2019. The cryptocurrency has gained over 77% in the past

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    Crypto markets experienced heavy losses on Monday, with futures liquidations reaching nearly $400 million. The technology-heavy Nasdaq Composite IndexBinance, the world's largest cryptocurrency exchange by volume, has been hit with a warning from the Japanese Financial Services Agency (FSA) regardin

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