Markets
Crypto Sell-Off Wipes $700B From Industry Market Cap So Far in 2022
The market value of all cryptocurrencies has plummeted to $1.6 trillion from $2.3 trillion at the start of the year, according to CoinGecko data.
Bitcoin Short-Term Bounce Faces Resistance at $40K
Extreme oversold readings preceded an uptick in BTC.
Investors Put $14M Into Crypto Funds Last Week as Bitcoin Market Cratered
Inflows into digital-asset funds last week – after five straight weeks of outflows – suggest investors were taking advantage of the price dip.
Bitcoin Drops to 6-Month Low, Ether Eyes Bearish Cross as US Stock Index Futures Erase Early Gains
Bitcoin and ether fell to their lowest levels since July after Goldman Sachs predicted a faster pace of Fed tightening.
Fantom Becomes Third-Largest DeFi Protocol by Value Locked
The value locked on DeFi-centric projects built on Fantom surged 52% in the past week.
Bitcoin Whales Stay Away Even as Technical Indicator Flashes Oversold
RSI can stay oversold longer than dip buyers can stay solvent.
Cosmos Token Surges 8% Amid Airdrops, Polkadot Bridge
Prices of airdropped tokens to Cosmos stakers were some of the biggest gainers in the past 24 hours.
Bitcoin Heads for Worst Week in 8 Months as Traders Lament 'Pikachu Pattern'
The price appeared to stabilize around $35,000, but gallows humor filled social-media sites as more than $1.5 billion of tradition positions were liquidated.
Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts
The only real “ETH killer” might end up being Ethereum 2.0, according to analysts for the U.S. exchange Coinbase.
