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Author: CryptoPress

Crypto Market – October 7, 2022

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Friday saw a decline in cryptocurrency prices as data showed that the rate of job growth in the United States was lower than expected. The riskier asset class is a clear reflection of macroeconomic worries. Bitcoin$64,069.00-1.41%#ccpw-label-widget-11234.ccpw-price-label li a , #ccpw-label-widget-11234.ccpw-price-label li{color:#000;} Over the previous day, Bitcoin (BTC) has fluctuated in price between $19,323 and $20,075. Bitcoin has...

$BNB, $DOGE, $SHIB, $SOL, Bitcoin, Crypto market, Ethereum, Uniswap

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gmx - crypto

GMX surged more than 500% during the bear market

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The protocol’s ability to maintain its value despite the precipitous drop in the bitcoin market this year has made it a popular choice. The total locked value (TVL) of GMX has steadily increased and currently stands at a record $455 million, according to cryptocurrency data source DefiLlama, while the TVL of other decentralized finance protocols has declined. Token holders on the GMX exchange get 30% of all transaction fees. On Wednesday,...

$GMX, Cryptocurrencies, DeFi, Exchanges, Front page, News

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Outage

Coinbase and Solana suffer ‘outages’

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Sunday morning, Coinbase users with U.S. bank accounts couldn’t transact. The company’s status webpage says it can’t accept US bank payments or withdrawals. Our staff is aware of the problem and working to fix it. The business is preparing a patch for “ACH withdrawals, deposits, and purchase failures.” ACH transfers payments electronically between bank accounts in the U.S. We're currently experiencing...

$SOL, Coinbase, Cryptocurrencies, Front page, News

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Crypto Market – October 3, 2022

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Following a weekend recovery, cryptocurrency markets remain in the red on Monday, bringing to mind inflation and recession worries from September. The cryptocurrency market performed similarly to the stock market as fears grew. Bitcoin$64,069.00-1.41%#ccpw-label-widget-11234.ccpw-price-label li a , #ccpw-label-widget-11234.ccpw-price-label li{color:#000;} Bitcoin’s price has been rather stable recently, hovering around $19,000,...

$ADA, $MATIC, $SHIB, $SOL, Bitcoin, Crypto market, Ethereum, Polygon, Tron

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Bitcoin recovery; UK bond buying might affect bitcoin; Has Bitcoin hit bottom months ago?

Crypto Today: Bitcoin recovery; UK bond buying might affect bitcoin; Has Bitcoin hit bottom months ago?

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CryptoPress Bitcoin recovery Bitcoin scored a win this quarter, yet the magnitude may seem small for an asset class with outsized gains until recently. As stated by some experts, Wall Street believes cryptocurrencies have bottomed out and will become an attractive diversification strategy until Treasury yields regain strength.  Bitcoin rose 3.7%, trading at $19,392, while MSCI’s MSCI All Country Stock Index and Bloomberg’s...

Bitcoin, Crypto adoption, Cryptocurrencies, Ethereum, Inflation, News

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