Litecoin Rejected At $55, Bears Might Drag LTC Below Immediate Support Line

Litecoin Rejected At $55, Bears Might Drag LTC Below Immediate Support Line

Litecoin attempted to rise on its chart, however, the bears were still strong on the chart. Although the coin showed some recovery, technical outlook pointed towards further decline. Bitcoin too has lost steam as the coin plunged below the $20,000 mark. Broader market weakness can be attributed to Litecoin’s downward price movement. Closest support line […]

Red Hot Inflation Tumbles Ethereum By 5%

Red Hot Inflation Tumbles Ethereum By 5%

The US consumer price index, a comprehensive indicator of prices for goods and services used in daily life, increased to 9.1% over the previous year. The traditional and cryptocurrency markets have collapsed as a result of this announcement. Prices for the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), fell by almost 5%. It didn’t […]

How NFTs Forecasted A Crypto Recovery, Nansen Report Claims

How NFTs Forecasted A Crypto Recovery, Nansen Report Claims

Crypto research firm Nansen published a report shared with NewsBTC, on non-fungible tokens (NFTs) and their performance amid the persistent bearish trend across the industry. NFTs have been a hot sector since 2021 as they facilitated broader adoption of digital assets but have taken a toll as Bitcoin and other cryptocurrencies trend to the downside. […]

Le développement de la cryptographie restera fort au milieu du nouvel hiver de la cryptographie, déclare le PDG de KuCoin – Interview

Le développement de la cryptographie restera fort au milieu du nouvel hiver de la cryptographie, déclare le PDG de KuCoin – Interview

Points clés à retenir KuCoin, désormais la 5ème plus grande bourse, était évalué à 10 milliards $ suite à une récente levée de fonds de 150 millions $. J’ai interviewé son PDG Johnny Lyu, qui affirme que le marché européen est essentiel pour KuCoin. Le marché est actuellement dans un nouvel hiver crypto mais KuCoin […]

Axie Infinity Sales Record A Massive Slump, Losing Over $120 Million

Axie Infinity Sales Record A Massive Slump, Losing Over $120 Million

Before now, Axie Infinity had maintained a solid foothold in the non-fungible token (NFT) space. Through massive sales, it stood as one of the leading and most successful NFT collectibles. The network had recorded almost $4.08 billion in sales volume. But June 2022 sales seem to be a mockery of its feats over the past […]

Negative CPI Report Causes Bitcoin Market Cap To Lose $15 Billion In 10 Minutes

Negative CPI Report Causes Bitcoin Market Cap To Lose $15 Billion In 10 Minutes

For the month of June 2022, the US Bureau of Labor Statistics published its Consumer Price Index. The Negative CPI was found to be 9.1%, the largest inflation increase in the US in the previous 40 years. The Federal Reserve’s monetary policy is determined by the CPI, which is a reliable indicator of inflation. Negative […]