crypto market News and Articles

According to the CoinGecko service, over the past 24 hours, the capitalization of the cryptocurrency market has decreased by another 6% to $940.248 billion. Bitcoin (BTC) and Ethereum (ETH) fell 5% to $18,795 and $1,517, respectively. Cardano (ADA), Solana (SOL) and Dogecoin (DOGE) retraced 8% to...

The CEO of the JPMorgan's blockchain unit, Umar Farooq says except for a few dozen tokens, other cryptos are likely to disappear. He expressed this opinion during the Monetary Authority of Singapore’s Green Shoots seminar on Monday. According to Farooq, the use cases of digital assets haven't...

A weekly report from asset manager CoinShares says that over the past seven days, the net inflow of funds into crypto funds amounted to $81 million. According to the results of the last month, institutional investors directed $474 million to products focused on digital assets. Thus, the...

Bitcoin proponent Mike Novogratz believes that the fall in the value of digital currencies was the result of his flood of alarmists and losers. Those companies and funds that collapsed in May and June were created as dubious and speculative projects that attract investment. This “bunch of...

Galaxy Digital CEO Mike Novogratz said in an interview with Squawk Box that the crypto sector is close to the bottom after massive leverage positions were liquidated. He predicted that the market is close to the bottom. Novogratz assumes however, that the volatility will continue until a bullish...

Popular CNBC host Jim Cramer recently stated that a resumption of the Bitcoin rally is unlikely anytime soon. Most likely, the digital currency market will continue to stagnate, and the activity of investors on trading floors will weaken. Earlier this week, Cramer was even more pessimistic. He...

Amid a sharp decline in the prices of most cryptocurrencies, the total market capitalization fell below the $1 trillion mark. The chart below shows that the current value of $953 billion is comparable to the levels at the end of January 2021. On the night of June 14, the indicator fell below the...

Global financial markets were shocked another time as the US inflation hit a 40 year high. The annual rate of inflation rose to 8.6%. Reports came on Friday, and led to a sell off of global risk assets such as stocks and cryptos. In the last 7 days, the Bitcoin price fell by around 20.7%, dropping...

A senior official at Canada’s Central Bank said the number of residents who own crypto is growing fast and efforts to regulate the industry need to keep pace with the developments. During an interview with Reuters, the Bank’s Senior Deputy Governor Carolyn Rogers said the area is still small,...

Prices of cryptocurrencies continue to decline. Bitcoin dropped below $28,000 and currently trades at around $27.900. The lowest price was around $26,350. Bitcoin's market cap stands at above $529 billion. Ether trades at around $1,880. The total crypto market cap decreased by over 13% in the last...

Galaxy Digital CEO Mike Novogratz finds crypto prices will remain volatile at least for the coming quarters. In the company's earnings call on May 9, he said that more damage is expected to be done and the BTC price could fall below $30,000. Galaxy Digital, a financial services firm focused on...

A study by the Financial Services Commission of South Korea states that in 2021, the country's cryptocurrency market has increased to 55 trillion won ($45.9B). According to the regulator, in the coming years, investment in digital assets will only grow. Moreover, the activity of investors will...

The American crypto company Coinbase, which owns the bitcoin exchange of the same name, announced the end of servicing Russian investors. Another marketplace, Kraken, said it was ready to follow the same path. However, it needs an order from the relevant supervisory authorities, said its CEO, Jesse...

Russian President Vladimir Putin announced today on starting a special military operation in Ukraine, saying that the goal is to demilitarize and denazify the country. The situation was tense in the proceeding months as there were massive troop buildups. The crisis is around the status of Crimea...

Crypto influencer, Ethereum co-founder Vitalik Buterin said in an interview with Bloomberg that investors might face another crypto winter, mentioning that it isn't entirely bad news. According to him, current low prices provide opportunities to invest and receive increased returns when prices go...

Cryptocurrency company Ripple, which includes a payment system and many other platforms, recently shared its vision for the near future of the digital space. The company's management is confident that in 2022 the number of participants in the digital asset market will rapidly increase. In addition,...

Bitcoin price went down below $34.000 for the first time since July. In the last 7 days, BTC fell by over 21% and hit its lowest level of $33.100 today. At the moment, the coin trades for about $33.500. Bitcoin is about 51% down from its all-time high of $68.789 reached on Nov. 10, 2021. Most of...

The cryptocurrency market is still in a bearish phase, with Bitcoin dropping below $ 42,000. At the time of publication of this review, the leading digital currency was trading at around $ 41,653. BTC capitalization collapsed on January 7 to $ 789.936 billion. Of the top ten altcoins, the largest...