Is the metaverse crashing? How low can crypto markets go? June 14, 2022 Dr Chris Kacher explains why risk-on assets such as the metaverse are highly vulnerable to major market corrections.
1 Minute Market Rundown – 14th June 2022 June 14, 2022 Celsius Insolvent?Risk ClatteredAll Eyes on Powell It was crypto that led the charge down both yesterday and over the weekend, with ETH at the vanguard. BTC had its worst single day performance in a year, while ETH slumped 18% over further concerns around its proposed merge. News on the day of Celsius’s insolvency exacerbated the [...]
Tough start to the week gets even tougher for Bitcoin June 14, 2022 The overall market capitalisation of cryptocurrencies fell below $1 trillion for the first time since early 2021, while crypto-related stocks plunged.
Terrible Tuesday for Bitcoin as crypto tumbles 20 per cent in just two days with investors fleeing risk June 14, 2022 The price of bitcoin fell by another 10 per cent overnight, hitting an 18-month low of $20,834.70, before recovering to trade around $22,700 by 9am UK time this morning. In sterling terms, bitcoin is now trading around £18,665. Discussing the violent movements with City A.M. this morning, Adrian Lowery, financial analyst at DIY investing platform [...]
Bitcoin mining booms in US, crypto bank sues Federal Reserve, while ‘hodler’ losses mount June 14, 2022 Data from CryptoCompare shows that the price of Bitcoin started last week testing the resistance at $30,000 but fell sharply.
Crypto plummets as Binance pauses Bitcoin withdrawals and Celsius stops redemptions June 13, 2022 Major cryptocurrencies plunged on Monday after Binance halted Bitcoin withdrawals and Celsius suspended all redemptions. Bitcoin dropped over 18% while ether fell more than 20% on Monday afternoon after Binance , the world’s largest crypto exchange, suspended Bitcoin withdrawals. The suspension came after crypto lender Celsius announced it would halt withdrawals, swaps, and transfers between [...]
Markets struggle after worse-than-expected figures June 13, 2022 The price of Bitcoin has fallen more than eight per cent over the past 24 hours, dropping as low as $25,000 this morning.
1 Minute Market Rundown – 13th June 2022 June 13, 2022 ETH Break Key SupportBTC Under Pressure There are days when I write this piece and hope I am wrong. Friday was one of those where sadly I was right and the world turned ugly. With risk already on the back foot Friday saw a huge CPI upside print and the rest is history. Global stocks [...]
Coinbase boss hits out at ‘really dumb’ employee plan to oust executives June 12, 2022 The boss of crypto exchange Coinbase has hit out at a group of renegade employees who called for top executives at the firm to be ousted, telling them to “quit and find a company they believe in”.
ASA crypto crackdown – is it regulation by the back door? June 10, 2022 Geraint Lloyd Taylor of Lewis Silkin examines why the ASA is turning its searchlights onto cryptocurrency advertising.