Browsing Archive June, 2022
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Bitcoin has support at $23K, but analysts warn of a dire drop to $8K as global debt unwinds
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BTC’s sell-off is easing slightly, but traders are afraid that negative newsflow and future U.S. interest rate hikes could push the price lower.

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US trademark filing hints at Arizona State University planning classes in the metaverse
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The seven filings also suggested ASU could be exploring the use of nonfungible tokens to authenticate many documents from diplomas to tickets for university ...

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Scientists claim to have designed a fully decentralized stablecoin pegged to electricity
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The E-Stablecoin would require several scientific advancements that are already in the works, and would allegedly make it possible to transmit electricity ...

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Crypto users take to Twitter to lament the ongoing market downturn
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What goes up must come down. And then go up again. Then come down again. And on and on and on...

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Bitcoin price falls below its ‘realized price’ but is it time to buy the dip?
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Another wave of selling hit BTC and sent its price to lows not seen since December 2020. Does on-chain data suggest this dip is worth buying?

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Floor price of popular NFT collections collapse due to bear market
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Not even popular art collectibles could survive the wrath of the market downturn.

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Price analysis 6/13: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
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Bitcoin and altcoins are seeing heavy selling as June 13’s massive unwinding could be the final capitulation-level event before the market finally hits a ...

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Law Decoded, June 7–13: Lummis-Gillibrand bill is finally here
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Senators confirmed that Bitcoin and Ether will be classified as commodities and regulated by the CFTC.

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Crypto crash wreaking havoc on DeFi protocols, CEXs
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Data points to capital flight among most major DeFi protocols.

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Bitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions
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Is it time to be greedy? Experienced market makers and arbitrage desks have turned strongly risk-averse as BTC price dropped to $22,600.

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