Markets News
DEX Token (IDEX) Pumps 150% on Launch of Decentralised Perpetual Swaps
The native token of the IDEX decentralised exchange (IDEX) has seen significant gains this week, pumping over 150 percent following the anno...
Robinhood Announces Web3 Wallet to Rival MetaMask
Robinhood is diving into the world of Web3 with the announcement of a non-custodial wallet, allowing customers to access NFTs, decentralised...
Fantom Stablecoin ‘DEI’ Loses Dollar Peg, Sinking 35%
Following on from the collapse of TerraUSD (UST), the Fantom-based algorithmic stablecoin DEI has also lost its dollar peg, plummeting 35 pe...
Australian Crypto ETFs Fizzle on Debut, Only $2 Million in Volume
This week’s long-awaited launch of the first Australian crypto ETFs went off not with a bang but with a fizzle, as the investment prod...
Bitcoin Mining Stocks Have Been Hammered in 2022
Bitcoin mining stocks have seen a sharp decrease in value with the price of Bitcoin (BTC) and the wider crypto market going down in parallel...
Bitcoin Sinks Below $29k, its Lowest Level Since 2020
Bitcoin has continued its dramatic descent, falling below US$29,000 to its lowest point since December 2020. It’s currently hovering a...
Luna Plummets 97% Amid $900 Million in Liquidations
The sea of red in the crypto market has caused issues with Terra’s UST stablecoin, which relies on bitcoin as a reserve currency. The ...
US Fed and Treasury Hint at Incoming Stablecoin Regulation Following UST Fiasco
Both the US Federal Reserve and Treasury are eager to see stablecoins regulated by the end of this year, a move they say would improve the o...
Coinbase Sinks to Record All-Time Low Amid $430 Million Loss
Nasdaq-listed Coinbase has endured a torrid time of late. Most recently, its share price tanked over 20 percent following a distinct shift i...
CryptoPunk Sells for Just $140k, 87% Lower than All-Time High
In a sign that the public’s appetite for cartoonish NFT art might’ve peaked, CryptoPunk #273, a male punk with a cap and “big shad...
Bitcoin Falls Below $30K for the First Time Since July 2021
After declining more than 15 percent over the past week, the value of Bitcoin has slipped below US$30,000 for the first time since July 2021...
Crypto Markets Tumble Amid Worst Stock Market Sell-Off Since March 2020
Despite a short-lived rally mid-week, crypto markets have tumbled over the past few days as they follow the lead of the US stock market, whi...