New generation Bitcoin mining machines would remain profitable even if the BTC price crashes by another 50%.
Month: June 2022
Bitcoin analysts are watching these BTC price levels as key trendline looms
Consensus says that $22,400 marks the start of possible bottom territory, but the downside targets technically extend all the way to $11,000.
Ethereum price flash crashes to $950 on Uniswap as whale dumps 93K ETH
ETH managed a sharp rebound after falling to $950. But the ETH/USD bearish continuation setup could have it revisit it.
Bitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions
Is it time to be greedy? Experienced market makers and arbitrage desks have turned strongly risk-averse as BTC price dropped to $22,600.
Bitcoin hash rate marks all-time high as BTC price drops below $25K
Complimenting the new hash rate ATH of 231.428 exahash per second, Bitcoin’s network difficulty stands at a strong position of 30.283 trillion.
Nexo offers to buy out Celsius’ loans amid withdrawal suspension
Nexo platform could rescue Celsius’ customers after “what appears to be the insolvency of the Celsius Network.”
Crypto winter survival guide: Community shares game plan for the bear market
From dollar-cost averaging to managing your risk tolerance, community members share their advice on what to do during a bear market.
Crypto crash wreaking havoc on DeFi protocols, CEXs
Data points to capital flight among most major DeFi protocols.
Floor price of popular NFT collections collapse due to bear market
Not even popular art collectibles could survive the wrath of the market downturn.
Tether: Celsius crisis has no impact on USDT reserves
The USDT stablecoin issuer, Tether, denies any correlation between its investment in Celsius and its reserves or stability.