Why is the crypto market crashing today? Bitcoin sheds 6%, Ethereum dips 8%

Crypto markets are in a bloodbath on Monday due to macroeconomic conditions globally. The market is struggling to keep its 900 billion dollar valuation. Investors held a cautious position as they await the US Fed’s monetary policy outcomes amid soaring inflation. The crypto leader Bitcoin has dipped to a three-month low, while Ethereum nosedived more … Read more

Mint Morning Digest: Fears over Fed, tremors in Taiwan rattle markets and more

Fears over Fed, tremors in Taiwan rattle markets Stock markets plunged around 1.5% on Monday, erasing ₹3.9 trillion of investor wealth, as a stronger dollar, fears of hawkishness at the US Fed’s Jackson Hole symposium, and tensions over Taiwan prompted investors to sell stocks. While the National Stock Exchange’s Nifty index fell 268 points, or … Read more

Stocks give more returns than Bitcoin in August so far. Where is the crypto leader headed?

On Thursday, the Nasdaq Composite index is trading at 12,982.46 up by 44.34 points or 0.34% at around 12.09 pm EDT. The index inched closer to the 13,000-mark and touched an intraday high of 12,996.14. The index had crossed more than 13,100 levels earlier this week. Taking into consideration Thursday’s high, the tech-heavy index Nasdaq … Read more

Crypto market seen for months of accumulation: Glassnode

The “last flush” of sellers, indicated by a recent rise in short-term Bitcoin (BTC) holdings, shows that capitulation events have concluded and the market is now set for months of accumulation, according to an on-chain report by blockchain analytics company Glassnode. STH increase position by 330,000 BTC According to the recent “The Week On Chain” … Read more

Crypto market trends higher as Bitcoin runs into resistance at $23,600

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The overall cryptocurrency market trended higher on Wednesday, with a majority of tokens in the top 100 putting … Read more

Crypto market trouble: Vauld suspends withdrawals, trading deposits

Crypto exchange Vauld has suspended all withdrawals, trading and deposits on its platform with immediate effect, citing financial challenges. “… we have made the difficult decision to suspend all withdrawals, trading and deposits on the Vauld platform with immediate effect,” said Vauld CEO Darshan Bhatija, adding that the company expects this move to facilitate exploration … Read more

Crypto Market Shed $ 1.3 Trillion In Value In First Half Of The Year

getty Last November, crypto enthusiasts were ecstatic. Bitcoin hit an all-time high of $ 69,006. The little more than a decade old market for digital assets had roughly quadrupled from its 2020 year-end value to more than $ 3 trillion. Venture capitalists were signing six-figure checks to blockchain startups left and right, minting unicorns at … Read more

Crypto winter: Why this bitcoin bear market is different from the past

For a generation of alienated techies, crypto’s all-for-one ethos was its biggest draw. Now panic is spreading across this universe – and that same ethos is posing what may be the biggest threat yet to its survival. What started this year in crypto markets as a “risk-off” bout of selling fueled … Read more

We’re Sorry, But We Can’t Return Your Money Right Now: Crypto Market Talk

Cryptos excruciating week has traders bracing for next crisis It was one of the most dramatic weeks in the short history of the cryptocurrency market, bookended by the type of announcements investors fear the most from a counterparty: We’m sorry, but we just can not return your money right now. In between, a nascent technocratic … Read more

First-ever insider trading case hits crypto market

New Delhi: A former product manager of Ozone Network (OpenSea), named Nathaneil Chastain has been charged with insider trading in crypto assets. This makes it the first-ever case of insider trading in the digital asset market. New York-based Chastain is charged with wire fraud and money laundering in connection with a scheme to commit insider … Read more