Bitcoin Breaks Below Crucial $20,000 Level as Market Bleed Continues

Key Takeaways Bitcoin has broken below $20,000 for the first time since December 2020, while Ethereum has dipped below $1,000. It’s the first time Bitcoin has fallen below its previous cycle’s high.... Read more »

Lido Seeks to Reform Voting With Dual Governance

Key Takeaways The Lido community is considering a new approach to protocol decision-making called dual governance. Currently, only LDO holders can vote on decisions; the new approach would give stETH holders veto... Read more »

Crypto Market Consolidates Off Biggest Rate Hike in 28 Years

Key Takeaways Many top crypto assets have broken their week-long downtrends following yesterday’s Federal Open Market Committee meeting. Bitcoin has bounced from its $20,000 psychological support level to take another shot at... Read more »

Stablecoin Supply Decreases Over Quarter for First Time in History

Key Takeaways The total supply of stablecoins dropped for the first time in history. CoinMetrics charts show that over $13 billion has been redeemed directly from the treasures of major issuers, including... Read more »

Almost Every Crypto Asset Is Down Over 90% From Peak

Key Takeaways Data from crypto price aggregator CoinGoLive shows that 98.5% of all cryptocurrencies are down more than 90% from their all-time highs. Around 95.5% of cryptocurrencies have fallen by more than... Read more »

Decadence and Denial: Reflections on Consensus 2022

Key Takeaways Consensus 2022, CoinDesk’s flagship crypto conference, took place last week in Austin, Texas. The live music capital of the world drew in over 15,000 crypto enthusiasts from across the globe.... Read more »

Celsius Token Spikes—Then Crashes—Amid Firm’s Woes

Key Takeaways Celsius’ CEL token soared over 300% today before crashing minutes later. The move may have been prompted by recent activity on a MakerDAO vault rumored to belong to Celsius. The... Read more »

Four Metrics Suggest the Bitcoin Market Bottom Is Near

Key Takeaways Bitcoin has dropped by nearly 70% from its all-time high.  Several metrics now suggest that the market bottom is near.  Still, BTC could fall to $15,670 before the trend reverses.  ... Read more »

NFT Market Suffers in Crypto Meltdown

Key Takeaways The NFT market is crashing alongside Bitcoin and Ethereum. An increase in wETH trades on OpenSea suggests owners of dominant NFT collections such as Bored Ape Yacht Club may have... Read more »

Crypto Market Plunges Below $1T Amid Inflation-Driven Selloff

Share this article The total cryptocurrency market cap has fallen below $1 trillion for the first time since January 2021.  Crypto in Crisis Crypto investors appear to be rushing for the exit... Read more »