Market volatility and redemptions destabilize major stablecoins
Almost all significant stablecoins lost their dollar pegs after the FTX scandal, but most have gained them again as markets have stabilized. Stablecoins have been affected by this week’s significant market volatility, which was brought on by the failure of the FTX exchange, with many of them momentarily de-pegging. The fall in cryptocurrency prices this […]
Things to expect from the crypto market this week
The crypto market is poised to enter a potentially crucial week. While the market is now preoccupied with the feud between Binance CEO Changpeng Zhao (“CZ”) and FTX CEO Sam Bankman-Fried (“SBF”), the midterm elections, and the release of CPI data, these might have a massive impact on the market. According to Bitcoinist, CZ said […]
Binance coin [BNB] finally surpasses its $300 mark price
After experiencing a significant price increase over the past week, Binance Coin (BNB) has broken beyond the $300 threshold. On Thursday of last week, the token was trading at a price of approximately $274 per coin and even threatened to drop lower as the week progressed. Despite this, the currency bounced back on Tuesday, increasing […]
Bitcoin Price Action Tanks as Goldilocks’ Dream Scatters
The price of Bitcoin takes back some of the gains it made earlier this week. Today, the price of BTC fell again because Apple, Meta, and Amazon didn’t meet investors’ expectations. As the Fed and midterm elections come into focus as risk events, you can expect the dollar to get stronger. The price of Bitcoin […]
Uniswap price indicates a new bullish chart pattern
“Uniswap prices have been able to break past the accumulation phase. Over the last 24 hours, the altcoin has moved up by more than 8%. In the past week, the coin surged close to 12%, which can be equated to a rally”. Uniswap have been consistently green ever since the other altcoins started a downward […]