Markets absorb disappointing earnings as crypto uncertainty knocks sentiment November 10, 2022 Having come off the back of three days of losses the US dollar rebounded strongly yesterday as markets absorbed further disappointing earnings numbers, and cryptocurrency exchange Binance backed out of the FTX takeover, due to an $8bn shortfall, prompting a rout in cryptocurrencies in the process. This jittery market backdrop prompted a sharp selloff in [...]
FTX plunges following Binance bailout November 8, 2022 FTX coin plunged as much as 75 per cent this evening after crypto exchange Binance struck a dramatic deal to snap up its beleaguered rival. FTX, led by billionaire chief Sam Bankman-Fried, had been locked in a high-profile spat with Binance boss Changpeng Zhao in recent days, which had sparked an investor exodus from FTX. [...]
Crypto market volatility plunges amid widespread accumulation phase November 7, 2022 Data from CryptoCompare shows that the price of Bitcoin moved up slightly over the past week.
Mastercard to help banks offer crypto trading as Ethereum blocks compliance grows October 24, 2022 Data from CryptoCompare shows that the price of Bitcoin endured a steep sell-off over the past week, dropping from around $19,600 to an $18,800 low.
Ethereum nears deflationary status, but crypto adoption grows as Bitcoin’s mining difficulty hits ATH October 17, 2022 CryptoCompare's Francisco Memoria takes a look at the last seven days in the crypto markets to see what narratives have driven price action.
US watchdog calls for better crypto market oversight as EU votes on MiCA regulation October 10, 2022 CryptoCompare's Francisco Memoria takes a look over the last seven days of cryptocurrency markets to see what narratives are driving prices.
US publishes crypto regulation framework as UK eyes crypto seizures September 26, 2022 Data from CryptoCompare shows that the price of Bitcoin moved sideways over the past week, starting and ending at $19,000.
Ethereum’s ‘Merge’ did little to ease troubles of crypto markets September 20, 2022 Data from CryptoCompare shows that the price of Bitcoin kept dropping throughout last week, moving from around $22,000 to a low under the $18,500 mark.
Digital gold or fool’s gold: is crypto really a hedge against equity risk? September 14, 2022 | City Talk Crypto enthusiasts often claim that digital coins and tokens are uncorrelated with equities and can provide a safe haven amid stock market crashes. The assumption is that cryptoassets will act like “digital gold,” serving as a hedge against equity risk and helping investors ride out such downturns. Such bold claims beg for examination, especially amid [...]
Ethereum products grow ahead of major network upgrade as spot Bitcoin ETF suffers delay September 5, 2022 Data from CryptoCompare shows that the price of Bitcoin started last week around the $19,800 mark and was rather volatile over the following days.