Here Are Some Events That Point To More Decline In Crypto Prices
Over the last several weeks, there have been some events happening around the world which has affected the economic situations of many people. As time goes on, others have emerged that have continued to have an impact on the crypto market. In this report, we take a look at some of these events and the […]
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The crypto market is like any financial market and is affected by events according to their outcomes. With the new week has come some important events that will no doubt have an impact on the crypto market and the prices of the digital assets that trade in it. These events are important to keep an […]
Altcoin season is a phrase that is quite popular throughout the crypto market. The phrase refers to the run-up in the prices of altcoins after the price of bitcoin slows down. The altcoins usually see an uptick in their individual and collective market dominance, taking even more market share from the top cryptocurrency, bitcoin. As the coins become more valuable, their prices soar following the increased market share. An altcoin season usually sees most of the altcoins in the market rallying at the same time. With Ethereum’s price mostly leading the charge once the prices start surging.....
The recent crypto winter plunged some crypto firms into insolvency. Also, the collapse of Terra algorithmic stablecoin and its native token, LUNA, aided the devastating effect of the bearish trend. As a result, almost all the assets in the crypto space experienced a massive decline in their prices and values. The overall events brought billions […]
Data shows GPU prices have continued to go down recently as Ethereum mining profits have been observing a decline. GPU Prices Plunge As Demand From Ethereum Miners Fades Data from the tech outlet Tom’s Hardware suggests graphics cards prices continued their drawdown in June as they plummeted another 14%. Back in 2020, owing to a […]
The crypto-positive financial services company looked at Bitcoin prices at intervals following regulatory events and found clear evidence of the events’ effects. The need for regulation is a common theme in discussions about cryptocurrency, and the claim is often taken to be self-evident. Now, financial services company New York Digital Investment Group (NYDIG) has done some number crunching to prove the point. In a new study, NYDIG quantifies the effect of regulation on the price of Bitcoin (BTC) worldwide.NYDIG studied Bitcoin prices at regular intervals following regulatory events....