DeFi Sector Struggles as TVL Drops and Exploits Continue
The price of Bitcoin (BTC) has been on a tear in recent hours, surging by over 3.6% and reaching as high as $21,868. However, some analysts are warninFTX's founder, Sam Bankman-Fried, has proposed complete payment of $2.2 billion in liabilities, according to a statement on Wednesday. The exchange'sBinance's USDC stablecoin has seen a significant increase in adoption and trading, with the coin now available on multiple exchanges and with a marketBitcoin has been trading in a tight range over the past week, with prices consistently failing to break above $18,892, a key resistance level. This haThe crypto market has seen a muted response to the recent $43,000 airdrop of the dog-themed cryptocurrency, BONK, despite the hysteria surrounding theGrayscale's Bitcoin Trust (GBTC) has seen massive outflows in the past week, as the price of bitcoin has dropped. According to data from CoinDesk, the
Crypto Investment Funds See Outflows Amid Market Volatility
In a shocking turn of events, the Solana-based decentralized derivatives exchange dYdX has halted trading due to the precipitous drop in the price ofAccording to Matrixport, the recent rally in bitcoin may face resistance at $25,800, which is the highest point reached in the past 10 years. The firmBitcoin prices surged to $70,000 on Monday, bucking expectations of a rate hike by the Federal Reserve. The cryptocurrency market saw gains across the
According to Lookonchain, a large Bitcoin whale has been accumulating BTC on the Bitfinex exchange, indicating strong market momentum. The whale has pThe recent positive update from the Federal Reserve has given a boost to the liquidity of Bitcoin, with the cryptocurrency's price surging to new heigThe price of Bitcoin has been on a tear in recent days, rising from a low of $37,500 to a high of $48,100. The cryptocurrency has been showing strong
* Bitcoin price drops to $31,000, Ethereum rises to $37, and the metaverse becomes a hot topic in the crypto space.* Citi predicts a " Fragmented " fuSam Bankman-Fried, the CEO of FTX, has been extradited to the United States to face charges of fraud and money laundering. The extradition comes afterEther (ETH) has reached a new all-time high of $505, surpassing JPMorgan's $480 price target and pushing the cryptocurrency's market capitalization toVeChain's price has surged over 190,000% in the past year, with a market capitalization of over $53,000. This is due in part to the company's strong f