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The State of NFTs: Key Trends During the Bear Market

The State of NFTs: Key Trends During the Bear Market

In Brief NFTs trading volume has declined by over 90% after peaking in January. A DappRadar report suggest that on-chain metrics remain bullish despite the bear market. Ethereum NFTs remain dominant in the space, accounting for 91% of total trading volume. The recent bear market has had telling effects on every crypto sector, and new …

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How Many Times Has Mad Money’s Jim Cramer Failed to Time Crypto Markets?

How Many Times Has Mad Money’s Jim Cramer Failed to Time Crypto Markets?

In Brief “Mad Money” host Jim Cramer arguably made many people poor with his crypto advice. He has become a meme for his consistence in making wrong calls. Crypto investors now trade against Cramer, doing the opposite of anything he says. It’s been said that “not all investors have the same investing style.” But Jim …

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This Week [in] Crypto: Reversible ETH Transactions, Ripple Wins, Technical Recession, and More

This Week [in] Crypto: Reversible ETH Transactions, Ripple Wins, Technical Recession, and More

It has been another glorious week in crypto, but a tough one for the economy as markets around the world faced turmoil. This week we turn back time with Ethereum, and ask whether non-fungible tokens (NFTs) really hold the key to love and happiness. We also reveal who is drinking bourbon with John McAfee in Texas (probably). Let’s …

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Big Bitcoin ‘price move on the horizon’ anticipated heading into October

Big Bitcoin ‘price move on the horizon’ anticipated heading into October

As September comes to an end, Bitcoin’s (BTC) price is holding firm, appearing to stabilize above $19,000 as volatility attempts to subside. The stability in Bitcoin’s price is partly backed by the asset standing out as a favorable hedge at a time the U.S. dollar is toppling other global fiat currencies. Based on the recent …

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Bitcoin Had a Rough September. Here Are the Key Metrics to Watch Next

Bitcoin Had a Rough September. Here Are the Key Metrics to Watch Next

Bitcoin is preparing to enter October in a critical posture. With the macro climate weakening and on-chain data pointing to low interest, the top crypto faces a potential selloff. Key Takeaways Bitcoin’s market value dropped nearly 14% in September. Market sentiment has turned pessimistic due to the top crypto’s poor price performance. On-chain data shows …

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Spanish Telecom Giant Invests in Crypto Exchange, MicroStrategy Looking for a Bitcoin Lightning Software Engineer + More News

Spanish Telecom Giant Invests in Crypto Exchange, MicroStrategy Looking for a Bitcoin Lightning Software Engineer + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Adoption news Spanish telecom giant Telefónica is allowing the use of crypto for purchases on its Tu.com marketplace, which is the result of a partnership between Telefonica and Spanish cryptoasset exchange Bit2Me, CoinDesk reported. Per La Información, Telefonica led a …

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Bittrex, BitGo, six others sign on to crypto market integrity pledge

Bittrex, BitGo, six others sign on to crypto market integrity pledge

QUICK TAKE A self-regulatory organization in development has picked up eight new members. Launched with support from Coinbase and Circle earlier this year, the Crypto Market Integrity Coalition now counts 38 members. Eight more firms have signed on to a crypto market integrity pledge that hopes to promote the industry’s efforts at self-regulation. The news comes from …

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Bitcoin price slips under $19K as official data confirms US recession

Politicians continue to argue about whether the U.S. economy is in recession, even as data highlights two consecutive quarters of negative growth. Meanwhile, BTC holds $19,000, for now. MARKET UPDATE   Bitcoin (BTC) wobbled in its narrow trading range at the Sep. 29 Wall Street open as official data put the United States economy in …

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Crypto Analyst Warns Altcoins Could Crash by Up to 60% More – Here’s the Timeline

Crypto Analyst Warns Altcoins Could Crash by Up to 60% More – Here’s the Timeline

Popular crypto analyst Jason Pizzino predicts further losses for the altcoins market even after its valuation already plunged from a peak of over $900 billion in late 2021 to around $200 billion currently. In a new video, Pizzino tells his 276,000 YouTube subscribers that the current $221 billion market cap of crypto assets, excluding Bitcoin …

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Bitdeer to invest in lending fund for bitcoin miners: Report

Bitdeer to invest in lending fund for bitcoin miners: Report

QUICK TAKE Bitcoin mining company Bitdeer’s chairman Jihan Wu is launching a lending fund of up to $250 million for “distressed” mining companies. The decline in bitcoin prices, coupled with factors like rising energy prices has slimmed margins for these companies. Jihan Wu, chairman of bitcoin mining company Bitdeer, is launching an investment fund for …

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