Crypto prices are falling. Here’s one reason why. ByStan SchroederonMay 10, 2022 Share on FacebookShare on TwitterShare on Flipboard Never a boring day in crypto. On Monday, the prices of popular cryptocurrencies such as Bitcoin, Ethereum, and many others, wentsharply down, following nearly...
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The latest drawdown in crypto prices has seen TOTAL—the combined market capitalization of all cryptocurrencies—lose the 50-day simple moving average (SMA) support at $3.35. Additionally, today’s drop in the crypto market is preceded by a bearish divergence between its price and therelative str...
Why is Blur soaring? The Non-Fungible Token (NFT) industry thrived a few years ago as demand from investors jumped. At the time, NFT marketplaces like OpenSea were handling millions of dollars of volume every day. Recently, demand for NFTs has dropped, with floor prices falling to their ...
Similarly, the total crypto market cap has dropped by 3.8% over the last 24 hours to rest at $3.53 trillion at the time of publication. The drawdown in crypto prices comes after the Fed announced a 25 basis point rate cut to its benchmark policy rate. It was Powell’s post-rate cut ...
s gonna go into the $2000-3000 range any time soon. There is evidence of inflation, but the inflation is more a result of we had a decade that was kind of a lost decade, lots of quantitative easing that did not creat...
Is There Any Centralized Cryptocurrency? While cryptocurrencies were developed to be decentralized financial and payment systems, they have nearly all become centralized in some respects. They are increasingly falling under regulatory frameworks and becoming concentrated in the hands of few people. The way...
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