Crypto recovery stalls as miners eye exitsSINGAPORE (Reuters) – Cryptocurrencies fought to find a footing on Monday after even weekend cheerleading from Tesla (NASDAQ:TSLA) boss Elon Musk seemed unable offset selling pressure from spooked investors or nerves stemming from a gathering crackdown on the asset class in China.

Musk had lent a bid on…[Read more]

Stellar Lumen (XLM) Price Eyes Fresh Rally above $0.45Stellar lumen price extended its decline below the $0.5500 and $0.5000 support levels against the US Dollar. XLM price is now trading well below $0.5000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.4500 on the 4-hours chart…[Read more]

China crypto mining business hit by Beijing crackdown, bitcoin tumblesSHANGHAI (Reuters) -Cryptocurrency miners, including HashCow and BTC.TOP, have halted all or part of their China operations after Beijing intensified a crackdown on bitcoin mining and trading, hammering digital currencies amid heightened global regulatory scrutiny.

A State…[Read more]

Bitcoin Sell-off Pushes DeFi Tokens’ TVL Below $100BDecentralized finance (DeFi) was one of the major driving forces fueling this year’s surge in the crypto market. Projects like Aave (AAVE), Yearn.finance (YFI), and Uniswap (UNI) rapidly surged to gain ‘blue-chip unicorn’ status, while the older protocols like Compound (COMP) and Maker (MKR) s…[Read more]

Bitcoin Whales Splash Into The Turbulent Crypto Waters Accumulating 122.5K BTCThe big bitcoin (BTC) holders seem to be aggressively buying the dip amid the latest price correction. This development in the market raises some optimism that the coordinated selloff may be about to come to an end. Some of BTC’s most influential holders were seen to b…[Read more]

Crypto Miners Halt China Business After Beijing Cracks Down, Bitcoin TumblesSHANGHAI (Reuters) – Cryptocurrency miners, including HashCow and BTC.TOP, have halted their China operations after Beijing intensified a crackdown on bitcoin mining and trading, hammering digital currencies amid heightened global regulatory scrutiny of them.

Asia Shares Wary On U.s. Inflation, Bitcoin Struggles To SteadySYDNEY (Reuters) – Asian shares were mixed on Monday as investors awaited key U.S. inflation readings for guidance on monetary policy, while Bitcoin tried to steady after being hammered on news of China’s clampdown on mining and trading of cryptocurrencies.

TA: Ethereum Faces Hurdles, Here’s What Could Trigger Strong RecoveryEthereum extended its decline and traded close to the $1,700 zone against the US Dollar. ETH price is recovering, but it is facing a strong resistance near $2,200. Ethereum extended its decline below the $2,000 and $1,800 support levels. The price is well below the $2,500 level a…[Read more]

Bitcoin TA: Here’s Why BTC Could Struggle To Surpass $37KBitcoin price tested the $30,000 support and it is now recovering higher against the US Dollar. BTC is likely to face a strong selling interest near $37,000 and $38,000. Bitcoin extended its decline and it even traded close to the $30,000 support. The price is now well below the $38,000 r…[Read more]

Cryptos: ‘Where the crypto market goes from here is completely dependent on the stock market,’ says digital-asset tycoon Barry Silbert Want to know where the crypto market goes from here? Barry Silbert, a power player in the digital-asset sector, says that investors ought to look no further than the stock market, in a Sunday-night tweet amid a dow…[Read more]

Bitcoin Ban and Other What If Scenarios in the United States“There is a good probability Bitcoin could be outlawed by the United States”, stated the legendary investor Ray Dalio earlier this year.

Billionaire wealth manager suggests there is a chance of the US government restricting Bitcoin if it keeps threatening governmental monopoly on the tra…[Read more]

China’s Position Regarding Crypto: What Does It Mean for the Market?The public display of resentment towards cryptocurrencies from China is in a grey area, and as some reports highlight, it is not as extreme as portrayed by media outlets. A BBC article highlights that China has accentuated its active incursion into suppressing cryptocurrency a…[Read more]

Bitcoin down almost 50% from year’s high(Reuters) -Bitcoin fell 13% on Sunday after the world’s biggest and best-known cryptocurrency suffered another sell-off that left it down nearly 50% from the year’s high.

Bitcoin fell to $32,601 at 1800 GMT (2 p.m. ET), losing $4,899.54 from its previous close. It hit a high for the year of $64,895.22 on…[Read more]

Stock futures are flat after Dow, S&P 500 post losing weekU.S. stock index futures were little changed during overnight trading on Sunday.

Bitcoin Will Drop to 250k From 400k in 2025 Upon China FUDBitcoin Will Drop to 250k From 400k in 2025 Upon China FUD
Bitcoin (BTC) price will keep surging despite old china FUD.
Rumors about China banning crypto re-emerged for the 100th time.
This is something that they actually already did back in 2017.
According to crypto analyst Lark Davis,…[Read more]

EOS Plunges 32% In Bearish TradeInvesting.com – EOS was trading at $3.6251 by 12:41 (16:41 GMT) on the Investing.com Index on Sunday, down 32.04% on the day. It was the largest one-day percentage loss since May 19.

The move downwards pushed EOS’s market cap down to $3.6657B, or 0.29% of the total cryptocurrency market cap. At its highest, EOS’s…[Read more]

Cardano Plunges 31% In SelloffInvesting.com – Cardano was trading at $1.068256 by 12:39 (16:39 GMT) on the Investing.com Index on Sunday, down 30.50% on the day. It was the largest one-day percentage loss since March 12, 2020.

The move downwards pushed Cardano’s market cap down to $35.828053B, or 2.84% of the total cryptocurrency market cap. At…[Read more]

Litecoin Plunges 30% In Bearish TradeInvesting.com – Litecoin was trading at $126.316 by 12:18 (16:18 GMT) on the Investing.com Index on Sunday, down 30.16% on the day. It was the largest one-day percentage loss since May 19.

The move downwards pushed Litecoin’s market cap down to $8.639B, or 0.66% of the total cryptocurrency market cap. At its…[Read more]

Elon Musk Wants to Know Where BTC Miners Are Getting Their EnergyElon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – has taken more jabs at the bitcoin mining process. Elon Musk Isn’t Done Asking Mining Questions People were shocked last week when Tesla announced it would not be accepting bitco…[Read more]

NewsWatch: Bitcoin prices tumble 50% from peak and Mark Cuban calls the crypto crash the ‘great unwind’Bitcoin prices on Sunday afternoon are in free fall anew, with the world’s No.1 crypto spiraling down more than 50% from a peak in around the middle of April, amid another bout of turbulence in the digital-asset sector.