Tag: bear market

Sep 30 2022

Bitcoin profitability declines to 4-year low for ‘hodlers’

Since the 2018 crypto bear market, the decline in Bitcoin profitability for long-term holders has reached its lowest point. The long-term profitability of Bitcoin (BTC) has dropped to levels last seen in December 2018's previous bear market. BTC owners are selling their tokens at an average loss of 42%, according to statistics provided by the […] The post...

Sep 29 2022

Using Bitcoin Derivatives To Discern Speculation From True Momentum

Analyzing bitcoin derivatives gives a window into the state of the market conditions and can provide clues for when bitcoin has reached an absolute bottom....

Sep 28 2022

ATOM struggles as Cosmoverse showcases the strength of Cosmos ecosystem

Sep 28 2022 Published at CryptoSlate under tags  bear market events web3

The final day of Cosmoverse in Medellin is coming to an end amid a party atmosphere in South America where few would believe a bear market was underway. Builders, investors, and fans of the Cosmos ecosystem came together in Colombia to celebrate the world of Cosmos and learn about the launch of ATOM 2.0. However, community sentiment aside, the native token of Comos,...

By The Numbers: A Bitcoin Bear Market Without BitMEX

Since the inception of bitcoin, bull and bear markets have been a natural part of its growth. However, like with anything that lasts a long time, the market has evolved, and so has the concentration of various things in the market. One of these changes has come in the form of the funding rates and what portion of it was controlled by different...

Sep 27 2022

Bitcoin retakes $20,000 fueling speculation of bull market return

Sep 27 2022 Published at CryptoSlate under tags  analysis bear market

Having broken through $19,300 resistance at the fourth time of asking, Bitcoin moved higher during the early hours of Tuesday (UTC) to peak at $20,400. Bull exhaustion sees the $20,170 level providing support in the meantime. However, the significant gains over the past 24 hours have renewed calls for an end to the bear market from some. Trader and the host of the...

Sep 26 2022

How Bitcoin Miner CleanSpark Keeps Building In The Bear Market

As many bitcoin mining firms struggle to remain operational, CleanSpark is poised to emerge from this bear market stronger than ever.It’s no secret that the bitcoin bear market is bad right now. According to some metrics, it’s one of the worst downturns in Bitcoin’s young history. And few sectors of the Bitcoin economy are as harshly affected by current market conditions than...

Sep 24 2022

Is The Bottom In For The Bitcoin Price?

After the September FOMC meeting, Bitcoin Magazine Pro recaps the medium-term thesis for bitcoin and how to think about the looming macro volatility....

Sep 23 2022

‘XRP Rally An Exception In Crypto Market’: Metrics Behind Ripple Price Push

Sep 23 2022 Published at Coingape under tags  bear market news ripple (xrp)

Despite an largely dull cryptocurrency market, Ripple (XRP) appears to be an exception of sorts. In an environment that is largely driven by a negative price momentum, XRP has recently shown great price jump. One clear reason could be the possibility of a final verdict and closure of the SEC... Read more

Sep 21 2022

Chill! Crypto Will Recover Pretty Soon, JP Morgan Exec Predicts

The crypto industry as a whole is experiencing a severe downturn right now. Bitcoin's price has dropped by 15% from its weekly high. Since the Merge, Ethereum's price has fallen by 23 percent from its seven-day moving average. As the cryptocurrency market tends to mirror the wider financial world, panic in one area can easily spread to another. In contrast, JP Morgan's global...

Maple Finance launches $300M lending pool for Bitcoin mining firms

Sep 21 2022 Published at CryptoSlate under tags  bear market lending mining

Institutional crypto lending protocol Maple Finance teamed up with Icebreaker Finance to launch a $300 million lending pool to finance accredited bitcoin mining firms across North America, Canada, and Australia. The lending pool launched on Sept. 20 and targeted mid-sized bitcoin mining and infrastructure providers. The loans will be repayable over a 12-18 months period at an...

Sep 20 2022

Reality Check: How Bad Is Bear Market At This Stage?

Sep 20 2022 Published at Coingape under tags  bear market bitcoin (btc) news

The current bear market cycle is unique in the way that the negative price sentiment persisted for the longest. After Bitcoin reaching a high of $69,000 last year, the top cryptocurrency has been on a freefall since January 2021. BTC went as low as $17,000 mid-year, which means long term... Read more

MicroStrategy Buys $6 Million In Bitcoin Amid Market Rout

Saylor’s MicroStrategy says it bought the dip, purchasing 301 bitcoin for about $6 million between Aug. 2 and Sept. 19. Holdings now top 130,000 BTC.MicroStrategy has acquired a fresh batch of bitcoin despite the ongoing market rout.The software company led by Bitcoin bull Michael Saylor added 301 BTC to its holdings in a purchase that cost about $6 million, according to...

Sep 19 2022

Bitcoin Rainbow Chart updated with new lower band after second breach

Sep 19 2022 Published at CryptoSlate under tags  analysis bear market btc halving

The infamous Bitcoin Rainbow Chart has been updated to include a new lower band called "1BTC = 1BTC." The chart echoes PlanB's stock-to-flow model in terms of sentiment, with bands indicating when to buy and sell Bitcoin....

Crypto Bloodbath! Which Crypto is the RISKIEST?

The crypto market went back to its bearish price action as soon as the Merge was over. The crypto market was consolidating prior to the Ethereum merge, but started to crash soon after the switch. In a previous article, we stressed on the importance of not buying Ethereum or any other crypto before the merge. The reason for this rationale was that...

Major sell-off sees total crypto market cap dip to $900B

Sep 19 2022 Published at CryptoSlate under tags  analysis bear market macro

The total crypto market cap is down 15% over the past seven days, dropping from $1.069 trillion to $903 billion at writing. Most of the losses came on Sunday, September 18, with a steady uptick in outflows beginning in the morning (UTC). This pattern continued into Monday morning, with the early hours seeing significant dips on the path down. A local bottom was...

Sep 17 2022

Vietnam leads global crypto adoption, U.S. comes fifth

Sep 17 2022 Published at CryptoSlate under tags  adoption bear market

On Sept. 14, Chainalysis released a report on Global Cryptocurrency Adoption for 2022. The research revealed that Vietnam has the highest crypto adoption, the Philippines and Ukraine follow as second and third, and the U.S. comes fifth in line. The report stated that the domination of emerging countries in the adoption index, which stood out last year, persisted this year as...

Sep 16 2022

Bear Market: How Long Will The Fed Hold Back Crypto Prices?

Sep 16 2022 Published at Coingape under tags  bear market crypto crash news regulation news

The crypto prices are in a major rut and a bear market ensues. Bitcoin fell below the $20,000 mark and is currently trading at $19,848. BTC prices have gone down by 5% in the last 7 days. A successful merge was not enough to rally Ethereum prices. ETH has fallen... Read more

Celsius seeks court approval to sell $23M worth of stablecoin assets

Sep 16 2022 Published at CryptoSlate under tags  bankruptcy bear market legal

Celsius Network is looking to sell $23 million worth of its stablecoin assets for U.S. dollars, according to a Sept. 15 filing. Three entities belonging to Celsius hold eleven different forms of stablecoins, which totaled approximately $23 million. The holdings were actively used to facilitate its crypto lending services. Celsius is looking to sell the stablecoins so as to generate more liquidity to...

Sep 14 2022

Why Kiyosaki Is Saying Now’s The Ideal Time To Invest In Crypto

During his May radio broadcast, "Rich Dad Poor Dad" author Robert Kiyosaki slammed the world's leading cryptocurrency as having no inherent worth. "I trade bitcoin. However, I do not believe it has any value. I simply play the game" he said. Fast forward four months, the popular author changes tunes and urged investors to pour money into crypto now. His reason? A disastrous...

What can you do in the Bitcoin bear market? – The ultimate guide

The Bitcoin bear market has been here for months! After most analysts in November 2021 were still betting on gains to $100,000 at the turn of the year, the Bitcoin price started to fall rapidly. But what to do in the Bitcoin bear market? In this article, you will learn what you can do to survive the possibly long Bitcoin bear market and...

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