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Tag: Markets and Prices

LUNA, UST Move Closer to Zero, as Do Kwon Asks Holders to ‘Stay Strong’

Do Kwon has urged holders of LUNA to “stay strong,” as the price moves ever closer to zero. Following the UST stablecoin losing parity...

Shelling Out $30K or More in Ethereum — A Look at the Top 5 NFT Floor Prices

Shelling Out $30K or More in Ethereum — A Look at the Top 5 NFT Floor PricesNon-fungible token (NFT) assets have been very popular for well over 12 months and a great number of collections have skyrocketed in value. While interest in NFTs has slid to a four-month low according to Google Trends search queries, a vast quantity of NFTs are still selling for hundreds of thousands or even millions of […]

Goldman Sachs’ Blankfein Asks Why Crypto Isn’t Having a Moment Despite Inflating US Dollar, Freeze Orders

Goldman Sachs' Blankfein Asks Why Crypto Isn't Having a Moment Despite Inflating US Dollar, Freeze OrdersA Goldman Sachs senior chairman has asked why crypto is not having a moment despite “the inflating U.S. dollar” and governments demonstrating that they can and will freeze accounts under certain circumstances. “Not seeing it in the price, so far,” he said. Goldman Sachs’ Blankfein Has a Question About Crypto Lloyd Blankfein, who […]

Price of Gold Spikes Over $2,060 per Ounce While Risk Assets Continue to Capitulate

Price of Gold Spikes Over $2,060 per Ounce While Risk Assets Continue to CapitulateOn Tuesday, the price of gold soared to new heights as an ounce of the precious metal surpassed $2K per ounce during the early morning trading sessions (EST). Hours later, gold tapped a high of $2,064.27 per ounce as the Russia-Ukraine war and global commodities surge has fueled demand. Gold’s Value Surges Higher Amid Commodities […]

NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge

The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum network spiked by 97.53% this week. NFT Interest and […]

Devere CEO Bullish on Bitcoin, Predicts BTC Hitting $50,000 This Month

Devere CEO Bullish on Bitcoin, Predicts BTC Hitting $50,000 This MonthThe CEO of Devere Group has predicted that the price of bitcoin will reach $50,000 by the end of this month. He explained that geopolitical tensions from the Russia-Ukraine war and institutional investment are key drivers boosting the price of bitcoin. He also said, “the dollar’s reserve status could, ultimately, be in jeopardy.” Devere’s CEO […]

Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K

Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46KAmid the conflict in Ukraine with Russia, bitcoin trade volumes tied to Russian ruble pairs have surged in recent days. Metrics recorded by the crypto analytics provider Kaiko indicate that ruble (RUB)-denominated bitcoin volume reached close to 1.5 billion rubles four days ago, on February 24. Data also shows that bitcoin-ruble pairs saw a significant […]

Bitcoin, Tether, Ethereum Trade for Premiums in Ukraine, Hryvnia BTC Price $3K Higher Than Global Average

Bitcoin, Tether, Ethereum Trade for Premiums in Ukraine, Hryvnia BTC Price $3K Higher Than Global AverageAfter Ukraine’s central bank imposed a limit on cash withdrawals, Kuna, a cryptocurrency exchange that provides trades in ruble and hryvnia saw a notable surge in volume. Moreover, to this day, crypto-assets being swapped on Kuna such as bitcoin, tether, and ethereum are trading for a significant premium. Crypto in Ukraine Sees Premiums The ongoing […]

Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in Ethereum

Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in EthereumThe Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapliyal, the CEO of a blockchain firm called Chain explained that he used leverage via Compound Finance in order to acquire […]

Ark Invest Expects Bitcoin to Exceed $1 Million by 2030 — Says BTC Could Transform Monetary History

Ark Invest Expects Bitcoin to Exceed $1 Million by 2030 — Says BTC Could Transform Monetary HistoryArk Investment Management (Ark Invest) has predicted that the price of bitcoin could surpass $1 million per coin by 2030. “Our research suggests that bitcoin has the potential to transform monetary history by providing financial freedom and empowerment in a fair, global, and distributed way,” Ark’s analyst added. Bitcoin’s $1 Million Prediction by Ark Invest […]

Rebase Market Carnage: TIME Slips 61%, Wonderland Admin Allegedly Co-Founded Quadrigacx

While reserve-based crypto assets like gold tokens and stablecoins have been able to weather the crypto market carnage over the last two weeks, rebase tokens like wonderland (TIME), and Olympus (OHM) have seen massive losses. Wonderland is down more than 96% since the crypto asset’s all-time high (ATH), and OHM is down over 95% since […]

Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Month Low

Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Month LowThe selloff in cryptocurrencies continued to start the week, with bitcoin falling to its lowest level since July. Ethereum was also trading in the red, hitting multi-month lows in the process. This comes as the overall global market cap in cryptos was down close to 9% at the time of writing. Bitcoin Bitcoin (BTC), which […]

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