Crypto News

Bitcoin has been trading beneath a descending resistance line since April 5. So far, the downward movement has led to a long-term low of $17,622 on June 18.
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Art Blocks’ Chromie Squiggle is among the top 10 blue-chip collections Gaming NFTs are down more than 59% year to date Consumers are continuing to show interest in NFTs in the face of agitated markets, with art and blue-chip…
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The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “crypto winter and broad…
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Celsius has managed to pay off several million dollars in debts after nearly filing for bankruptcy due to lack of liquidity, raising all sorts of conjectures regarding the origin of its funds. On June 12, Simon Dixon, CEO…
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As on-chain activities slow down during the crypto winter, usage of cryptocurrency mixers has doubled in 2022, with addresses classified as “illicit” being the top contributor. Cryptocurrency mixers, also called “tumblers,” provide…
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Most Bitcoin (BTC) traders would rather see a sharp price correction and a subsequent recovery than agonize for multiple months below $24,000. However, BTC has been doing the opposite since June 14 and its most recent struggle…
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BNB Chain has launched a new platform, DappBay, to discover new Web3 projects. DappBay is equipped with a novel feature called Red Alarm, which assesses project risk levels in real-time and alerts users of potentially risky decentralized…
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Crypto Punk #4464 was the top NFT sale of the week, which sold on Tuesday for 2,500 ETH, or $2.6 million Ethereum Name Service domain names has the highest sales of any NFT…
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Bitcoin (BTC) is close to breaking down from a corrective pattern that had been in place since June 18. If this occurs, it would be expected to lead to new lows. Bitcoin has been falling underneath a descending resistance line since the…
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Crypto-focused hedge fund Pantera Capital (PC) published a blockchain letter titled “DeFi Worked Great” on Monday, arguing against a report titled “DeFi Has an Existential Problem” by Wall Street Journal. It stated that…
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