Read bear market crypto news and analysis, including downturn signals, investor sentiment, capitulation events, and recovery outlooks.
Bitcoin adoption increases as Bitcoin and gold achieve an 85% correlation since November 2021. Based on historical data, high correlation indicates a Bitcoin bottom.
A new attack vector led by low spot volume on crypto exchanges has been identified by X-explore and WuBlockchain
Staking platform Freeway halted withdrawals and deleted its team details, which allegedly points to a rug pull, according to FatManTerra.
Cryptocurrencies see reduced volatility as major global fiat currencies show signs of weakness
Federal Reserve officials are working on introducing another 75 basis point rate hike at the upcoming meeting from Nov. 1-2, according to a report by The Wall Street Journal.
According to the research, Bitcoin is one of those assets that are not subject to counterparty risk, vis-a-vis conventional currencies.
In July, the cryptocurrency market cap reached a low of $903 billion, but it recovered significantly in Q3 and reached $1.2 trillion in August.
CEO Kristina Walcker-Mayer said the decision was taken as the company was unable to find a potential acquirer or investors.
Coinbase has emerged as the preferred exchange to buy and hold Bitcoins, while Ethereum reserves on exchanges have been increasing since June.
