ETH
Market Wrap: Bitcoin Retreats From All-Time High; Ether Outperforms
The ETF enthusiasm has faded but some investors expect pullbacks to remain limited for the remainder of the year.
Market Wrap: Bitcoin Drops as Indicators Show Extreme Optimism
The price fell from an all-time high of almost $67K as bullish traders took profits. That may continue, but not for long.
Polygon Becoming More Independent From Ethereum as App Numbers Rise: Report
More than 3,000 apps are on the “layer 2″ platform, up from 30 last year.
Market Wrap: Ether Outperforms Bitcoin as Traders Look to Altcoins
Analysts see strong fundamentals for alternative cryptocurrencies.
Bitcoin Approaching Resistance Near $58K; Support at $50K
Bitcoin and ether continue to rise, with BTC now surpassing $57,000, although the wider crypto markets are seeing slower momentum. Kapil Rathi, co-founder and CEO of institutional trading firm CrossTower, discusses the macro trends he’s continuing to watch, including regulation, China’s crypto crackdown and institutional adoption.
How Low Could Bitcoin Go?
Since May, bitcoin is headed to its worst month as China’s crypto ban could be driving markets lower, but how low will it go? CoinDesk’s Galen Moore discusses the potential impact of global macroeconomic events on bitcoin, saying the effect of China’s regulatory action has been “somewhat muted.”
Time’s NFT Launch Sends Gas Fees Spiraling
Time magazine launched a new NFT collection dubbed "TIMEPieces" Thursday, offering "unlimited access" to its website through 2023. All 4,676 tokens, each priced at 0.1 ETH tied to digital artworks, were sold in minutes. But the sale also clogged the Ethereum blockchain, with buyers spending almost four times as much on transaction fees as they did on the NFTs themselves. "The Hash" hosts react, discussing the implications for a historic American institution getting involved in the NFT space.
Market Wrap: Bitcoin Sell-Off Deepens as Equity Volatility Rises
Analysts expect further choppiness this week as investors seek safety from risk assets.
