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Author: CryptoPress

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$58,964.002.19%#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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Crypto Market – October 1, 2022

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The U.S. Commerce Department’s report indicating the world’s biggest economy is in recession struck Wall Street.  Inflationary fears dampened interest in cryptocurrencies like Bitcoin and Ethereum. Cryptocurrency markets are divided amid risk aversion. Bitcoin$58,964.002.19%#ccpw-label-widget-11234.ccpw-price-label li a , #ccpw-label-widget-11234.ccpw-price-label li{color:#000;} Bitcoin (BTC) has been trading between...

$ADA, $DOGE, $SHIB, $SOL, $XRP, Bitcoin, Crypto market, Ethereum, Polkadot, Uniswap

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olympus dao real yield 1

Olympus: goodbye Defi 2.0, hello “Real Yield”? 

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Olympus, a DeFi protocol with more than $200 million in total value locked up, will reduce the sky-high yield that holders of its native token have enjoyed over the past year and a half as part of its “bond-centric future.” $OHM has now lost more than 99% of its value from its all-time high and is currently worth less than $11. OHM’s staking used to provide double-digit annual returns. OHM’s staking on Thursday produced...

$OHM, Cryptocurrencies, DAOs, DeFi, DeFi 2.0, Featured, Front page, News

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xrp

XRP climbs 12% following Ripple’s SEC win

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A U.S. court has ruled in favor of Ripple, ordering the regulatory body to hand over information supporting the company’s stance in the continuing legal fight. Former SEC Director William Hinman demanded the materials be released and they were. The papers are essential to Ripple’s case. News accounts state that Manhattan federal judge Analisa Torres ruled against the regulator’s bid to seal records pertaining to former...

Altcoins, Crypto regulation, Cryptocurrencies, Front page, News

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