Analysis
Bitcoin and Ethereum take a hit as $1.2 billion in crypto liquidated
Traders across the market saw significant losses in the wake of Fed's latest monetary policy update.
Oluwapelumi Adejumo 2 min read
Bear Market News
Read bear market crypto news and analysis, including downturn signals, investor sentiment, capitulation events, and recovery outlooks.
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Analysis
CNBC leads Bitcoin ‘obituaries’ declaring it dead 35 times as it rises 78% YoY
Bitcoin’s total obituary count hits 474, but it’s still alive and kicking
Price Watch
Bitcoin jumps $4k in 4 hours as it touches $35k on BlackRock seeding anticipation
Bitcoin continues demonstrating its market resilience with a substantial uptick in its value over the past week.
Latest Bear Market News & Analysis
NFTs
Yuga Labs cuts staff as part of larger restructuring
Bored Ape Yacht Club (BAYC), CryptoPunks, and Otherside will remain a focus.
Wallets
Ledger reduces staff by 12% as controversial Recover feature looms
CEO Pascal Gauthier attributed staff cuts to market conditions but said that the company will push forward with operations and products.
Mining
Riot leverages Texas power strategy to fund operations as BTC balance increases
June 2023 performance report: Riot produces 460 BTC, executes power strategy and plans hash rate boost
Analysis
Crypto gaming sector hit hard as Nexo outperforms tokens listed in SEC lawsuits
Exploring the impact of SEC lawsuits on Binance and Coinbase, and the ripple effect on cryptocurrency tokens.
Trading
Bitcoin, Ethereum, Tether dominance rises as cybersecurity & fan tokens defy markets
Bitcoin dominance increases amid recent SEC lawsuits, as investors seek refuge in less disputable crypto assets.
Exchanges
Binance US users withdraw $78M amid SEC lawsuit and asset freeze concerns
Blockchain data shows that Binance US users withdrawal rate increased after SEC moved to freeze the exhange assets.
