While Silvergate Stock Crashed in Q2, Its Earnings Crushed: Here’s Why
The stock is down around 1.15% at the 5-day view. But for the 30-day period ending Friday, SI has rallied some 74% to a 6-month capitulation of 13%. Silvergate shares…
Month: July 2022
49% Lower Fees, Big Growth: Why Polygon (MATIC) Surged in Q2
Don’t call it an “Ethereum killer.” Polygon (MATIC) builds on and enhances Ethereum’s blockchain. Its developers and user base must have missed the memo that we’re in crypto winter. While…
Most Institutional Investment in Crypto Is Still Late in 2022 (Opinion)
The reality for the crypto industry and cryptocurrency prices in 2022 is institutional investment has only just begun. When it happens for real, the market will suddenly and drastically revise…
300,000 People Are Waiting for The GodMusician NFT, New Pre-Sale Policy Gives Investors to Control the Pricing
GodMusician (G.O.M), the largest music NFT DeFi community in the world, started an airdrop event in July as a first step of the project. At the same time more than…
40-Year High Inflation Surged Another 100bps in June: Tailwind for Bitcoin?
U.S. spenders got a brief respite from rising prices in May. But last month, a torrent of new inflationary pressures on consumer prices moved the Fed’s preferred inflation barometer up…
2 Worrying Signs That Can Lead to BTC’s Quick Drop Towards $20K (Bitcoin Price Analysis)
The crypto industry is experiencing a prolonged ongoing bear market and is down more than 70% since recording its all-time high during the late months of 2021. However, the recent…
Blockchain Games Least Affected by Market Turmoil: DappRadar Report
The bear market weeds out unnecessary frills and enables legitimate projects to stand out but also cripples portfolios of investors, both big and small. The ongoing market conditions are no…
Bitcoin Balance on Exchange Sees Macro Decline
On-chain metrics reveal that Bitcoin balance on cryptocurrency exchanges continued its macro decline. The figures have reached 2.4 million BTC, which is around 12.6% of the circulating supply. According to…
Weekend Watch: BTC Recorded 6-Week High, ETC Up 45% Weekly Following Buterin’s Talk
Bitcoin attempted another leg up in the past 24 hours resulting in a new multi-week high at nearly $25,000. Ripple is the most significant gainer from the larger-cap alts on…
Low-Income Investors Sold Most Crypto Holdings During the Market Crash (Survey)
Nearly half of the surveyed cryptocurrency investors (46%) admitted to selling some of their possessions in the last several weeks. Those with lower salaries were more likely to part with…