Bitcoin on “knife’s edge” as price falls below $28k
Bitcoin price fell to lows of $27,740 across major exchanges on Thursday, the lowest since June. Stocks have also slipped after the latest Fed meeting. Meanwhile, real yields have jumped…
Bitcoin volume falls to 3-year low as summer activity sags
Crypto volumes are sagging amid summer lull In dollar terms, the amount of Bitcoin moving on-chain is at three-year lows Trading activity commonly dies down in trad-fi markets at this…
CEL falls after Celisus Network and its former CEO found guilty
The United States Commodity and Futures Trading Commission (CFTC) has concluded investigations into Celsius Network. The CFTC has found the former CEO and Celsius Network guilty of breaking several rules…
Bitcoin briefly falls below $30k as SEC says spot Bitcoin ETF filings are inadequate
Bitcoin price reacted sharply to news that the SEC had said Bitcoin ETFs filings were inadequate. The SEC had reportedly returned the filed documents to BlackRock, Fidelity. However, BTC recovered…
Bitcoin’s correlation with Nasdaq 100 falls to 3-year low
Bitcoin’s correlation with the Nasdaq 100 has fallen to just 3% in June, down from the overall 60% in 2022. BTC price has outperformed the stock index year-to-date and over…
Bitcoin price falls below $29K, no surprise given volatility and liquidity metrics
Key Takeaways Bitcoin has softened fallen from $30,000 to close to $28,000 Our head of research looks into the data, arguing the move should not be a surprise Bitcoin’s fixed…
LUNA falls sharply on Do Kwon’s arrest allegations
Terra LUNA crashed last year following the collapse of its Terra UST stablecoin project. The crash was followed by a hard fork where the current Terra LUNA token was created.…
BUSD briefly falls to $0.20 on Binance
Binance USD (BUSD) temporarily plunged to $0.20 on Binance on Wednesday. The depeg against DAI happened after a single $647,000 sell order. BUSD quickly regained its $1 peg, with the…
GALA price falls after Gala Games deletes Hollywood star partnership tweet
At the time of writing, GALA token had dropped by more than 11%. Gala Games is under fire after secretly deleting a tweet announcing their partnership with Hollywood stars. This…
Bitcoin mining difficulty falls 7.3%, largest since July 2021
Bitcoin’s mining difficulty fell by 7.32% over the past two weeks, the largest negative adjustment in almost 18 months. Mining difficulty adjusts every 2,016 blocks or roughly two weeks and…