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crypto market News and Articles



Crypto market

July was the most successful month for crypto funds in 2022

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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...

Novogratz

Mike Novogratz commented on the fall of the crypto market

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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...

Mike Novogratz crypto

Mike Novogratz Says Most of Crypto Deleveraging Is Over

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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...

Cramer

CNBC Anchor Jim Cramer Predicts Further Drop in Crypto Market

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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...

Crypto market

Capitalization of the crypto market fell to the levels of January 2021

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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...

Bitcoin price below $25,000

Bitcoin Price Falls Below $25 K, The Lowest Level Since Dec. 2020

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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...

Canada Central Bank Crypto

Canada’s CB Says Regulators Need to Keep Up with the Crypto Growth

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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,...

crypto market news

Crypto Decline Continues, Bitcoin Falls Below $28.000

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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...

Mike Novogratz crypto

Mike Novogratz Expects More Volatility in the Crypto Market

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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...

South Korea

South Korean crypto market rises to $45.9 billion

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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...

Russia

Crypto exchanges are starting to leave the Russian market

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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...

crypto amid Russia Ukraine conflict

BTC Price Fell After Russia Started Military Operation in Ukraine

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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...

Vitalik Buterin about possible crypto winter

Vitalik Buterin Expects Another Crypto Winter

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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...

Ripple

Ripple shared its forecasts for the crypto market for 2022

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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 crypto

BTC Price Fell Below $34.000 for the First Time Since July

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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...

Crypto market

Cryptocurrency market capitalization plummets to $1.9 trillion

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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...

Raul Pal

CEO of Real Vision predicts 100x growth of the crypto market by 2030

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According to the CEO of Real Vision Raul Pal, by the end of this decade, the capitalization of the cryptocurrency market may increase 100 times. Now the value of all digital currencies exceeds 2 trillion. At the end of last year, capitalization was growing, however, already in the first days of...

Crypto market December

Despite the Drop, Bitcoin Still Is 2x Up From 2020

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Over the last day, the crypto market cap dropped by over 5%. Currently, it stands at around $2.13 trillion. Prices of most cryptocurrencies have seen significant losses in the last 7 days. The lowest price of Bitcoin in the last 24 hours, was $45,894.85 according to CoinMarketCap. In that...

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