Bitcoin pumped over $1,000 this morning to reclaim the $30,000 level, after briefly dipping under $29,500 last night.
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Bitcoin dropped to under $30,000 last night and sparked a selling frenzy in the crypto market—one that led to half a billion dollars in liquidations, $285 million of that in BTC alone.
The post $540 million ‘rekt’ as top cryptos plunge overnight. Here’s the aftermath appeared first on CryptoSlate.
Many traders fear that the bear market might officially be here after dropping more than 50% from all-time highs on average. Several large-cap decentralized finance (DeFi) tokens, such as Badger, ThorChain, Alpha Finance, and others, have now fallen up to 85% from their 2021 highs.
The post Cardano, Dogecoin, XRP fall 10% while key Bitcoin metric flashes a favourable sign appeared first on CryptoSlate.
One of Ethereum’s founding members has stepped down from the crypto space to concentrate on work in other impactful industries, reported Bloomberg over the weekend.
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The largest cryptocurrency by market cap continued its downtrend this week, fueled by both poor technicals and increasingly neutral sentiment for the crypto market as a whole.
The post Doge, XRP, ADA take price hit while Bitcoin technicals show lack of buyer interest appeared first on CryptoSlate.
Earlier this week, CryptoSlate reported on concerning feedback as $10 million in Uniswap (UNI) tokens got sold shortly after the team behind the Decentralized Finance (DeFi) Education Fund (DEF), supported by the leading decentralized exchange (DEX), earned approval for a $20 million grant.
The post Uniswap-backed fund defends recent UNI token sale appeared first on CryptoSlate.
While a Harvard Law student-led initiative called the “Defi Education Fund” is facing blowback for receiving $20 million worth of Uniswap’s (UNI) tokens and dumping half of it over-the-counter, some witty DeFi enthusiasts are openly mocking the whole ordeal.
The post DeFi crowd mocks Harvard Law student group for voting $20 million out of Uniswap treasury appeared first on CryptoSlate.
The crypto market took a turn for the worse today yet again as literally all top 100 cryptocurrencies—except stablecoins—have plunged into the red zone across the board.
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