Blockchain News

Blockchain News, Opinion, TV and Jobs DeFI, Digital Assets, Cryptocurrency and Distributed Ledger Technology

  • A Bear of Historic Proportions
    by Staff on 29/06/2022 at 2:27 PM

    by Staff By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin fell below $20,000 briefly this morning, whilst the total crypto market cap fell to below $900 billion, from a high of $3 trillion last year. A new report from Glassnode Insights claims that the current bear market is “a bear of historic proportions,” and highlights #blockchain #crypto, #decentralized, #distributed, #ledger

  • Bitcoin Dropped Below 2017 All-Time-High but Could Sellers be Getting Exhausted?
    by Staff on 20/06/2022 at 6:05 PM

    by Staff By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin plummeted over the weekend below the ATH reached in 2017, at around $19,600. Coinglass, a trading and information platform, shows that there were $600 million in liquidations as Bitcoin dropped to a low of $17,600 approximately. Bitcoin suffered around $300 million in liquidations whilst Ethereum #blockchain #crypto, #decentralized, #distributed, #ledger

  • Bitcoin Plummets but is there More Downside Ahead?
    by Staff on 15/06/2022 at 5:22 PM

    by Staff By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Despite the Nasdaq bouncing 0.21% yesterday and both the S&P 500 and Nasdaq futures showing gains this morning, Bitcoin continues to plummet. What are the factors contributing to this extreme sell off? Systemic issues in crypto infrastructure companies such as Celsius Celsius are one of the #blockchain #crypto, #decentralized, #distributed, #ledger

  • Federal Reserve’s Plans to Hike Interest Rates Spooks Traders into Selling Crypto
    by Wieke Beenen on 15/06/2022 at 3:12 PM

    by Wieke Beenen Bitcoin is crashing again, temporarily plunging it to below $20,200 earlier today, as spooked traders have frantically been selling off the cryptocurrency before the US Federal Reserve is expected to do something it hasn’t done in 28 years — increase interest rates by three-quarters of a percentage point. In response to soaring inflation and volatile #blockchain #crypto, #decentralized, #distributed, #ledger

  • Celsius Faces Liquidity Crisis, but how are Other Crypto Firms Faring?
    by Staff on 14/06/2022 at 4:12 PM

    by Staff By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Global markets took a catastrophic hit yesterday, as the Nasdaq was down 4.60% and the S&P 500 was down 3.88%. Crypto suffered the most, as Bitcoin dropped over 20% to reach a low of $20,800. Ever since the crypto rally in November, in response to Bitcoin #blockchain #crypto, #decentralized, #distributed, #ledger