Bitcoin faces fresh pressure as US dollar crushes gold, risk assets

Bitcoin (BTC) hit daily lows on the July 5 Wall Street open as the U.S. dollar saw a violent surge higher.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView USD sets yet another... Read more »

CryptoSlam data shows average NFT sell price down 94% from YTD daily high

CryptoSlam metrics, including global sales volume and average sale price, show that crypto winter has hit the NFT sector hard. Critics of NFT art argue that the drop-off in price and trading... Read more »

Ethereum Gas Fees Hit 20-Month Low Amid Market Downturn

Key Takeaways Ethereum gas fees have hit a 20-month low as the market declines. The average transaction fee on Ethereum is currently just over $2. While the market slump has reduced network... Read more »

Dutch University set to recover more than twice the paid BTC ransom in 2019

Netherland-based Maastricht University (UM) is set to recover nearly €500,000 worth of Bitcoin (BTC) after the police authorities managed to solve the infamous ransomware attack in December 2019. In 2019, a ransomware... Read more »

Peter Schiff’s Euro Pacific Bank Suspended by Puerto Rico’s Regulator — Schiff Insists No Evidence of Crime

Peter Schiff-owned Euro Pacific Bank has been suspended by Puerto Rico’s financial regulator. Schiff claims that there’s “no evidence of crimes,” warning that “accounts are frozen and customers may lose money.” Puerto... Read more »

Institutional investors shorting Bitcoin made up 80% of weekly inflows

Institutional investors loaded up on a record $51.4 million worth of investment products offering exposure to shorting the price of Bitcoin (BTC) last week. According to data from the latest edition of... Read more »

Voyager opens withdrawals for transactions submitted prior to suspending trading

Voyager Digital sent out an email to customers announcing that withdrawals processed before the suspension of trading were now being processed. The exchange halted deposits, withdrawals, trading, and rewards on June 30,... Read more »

What to Expect From Bitcoin and Ethereum in Q3 2022

Key Takeaways Bitcoin plummeted by 56% in Q2 2022. Meanwhile, Ethereum had a negative quarterly performance of 67%.  Low trading volumes and open interest point to further losses in Q3 2022.  Share... Read more »

Indian Central Bank RBI: Cryptocurrencies Are a Clear Danger — Financial Stability Risks Likely to Grow

India’s central bank, the Reserve Bank of India (RBI), sees cryptocurrencies as “a clear danger.” However, the financial stability risks posed by crypto assets currently appear to be “limited.” RBI on Crypto’s... Read more »

BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB

The crypto markets have remained relatively stable over the weekend and on July 4, which is a holiday for the United States financial markets due to Independence Day. Although Arthur Hayes, former... Read more »