Markets News
Pension Funds Remain Interested in Crypto Despite Market Downturn
Despite this year’s bear market of “historic proportions”, pension funds across North America remain bullish on the crypto...
BTC and ETH Rally as US Inflation Shrinks to 8.5%
Crypto markets have responded favourably to a slower-than-expected US inflation print in July, with the official rate steady at 8.5 percent ...
This Bear Market May Last Longer Than Others, On-Chain Analytics Firm Suggests
The cryptocurrency market has been rocked in the past couple of months due to several key factors within the industry but also by events at ...
Institutional Investors Have Sold $5.3 Billion in BTC Since LUNA Bust
Institutional investors have sold at least 236,000 bitcoin since the UST/LUNA collapse in early May, which roughly translates to over US$5.3...
Dogecoin Copycat ‘TeddyDoge’ Drops 99.95% in $4.5 Million Rug Pull
The Dogecoin copycat, TeddyDoge (TEDDY), has lost over 99.95 percent of its value over the past few days after suffering what crypto securit...
ApeCoin Pumps Almost 50% on Release of ‘Otherside’ Metaverse Demo
A thrilling “first trip” into the gamified metaverse associated with the Bored Ape Yacht Club (BAYC) has boosted the price of Ap...
ETH Surges Close to 50% in a Week Amid Bullish Merge Announcement
The price of Ethereum (ETH) has surged almost 50 percent in the past week on the back of an announcement that the long-awaited Merge is tent...
Bitcoin HODL Activity Suggests the Bottom Could Be In: Glassnode
According to on-chain analysts Glassnode, there are growing signals that the bottom may be in. Most recently, the firm revealed that over 80...
Bitcoin Dips Below $19,000 Amid Highest US Inflation Print in 40 Years
Bitcoin briefly dipped below US$19,000 on July 13 following the announcement of a higher than expected Consumer Price Index figure in the US...
Adelaide-Based STEPN Announces $122 Million in Q2 Profits, Plans Buyback and Burn
On July 12, Adelaide-based move-to-earn platform STEPN announced a Q2 profit of US$122.5 million, which it says was generated through its pl...
‘Crema Finance’ Hacker Returns Funds, Receives $1.7 Million in SOL as Bounty
Solana-based liquidity protocol Crema Finance claims it has recovered most of the roughly US$9 million worth of assets stolen by a hacker on...
NFTs Hammered by Crypto Market Downturn, Sales Down 92% Since January High
NFT sales have hit a 12-month low amid the turmoil of the cryptocurrency market crash. Sales of NFTs totalled just over US$1 billion in June...