Chiliz (CHZ) Surges 15% Amid 2022 World Cup Tournament, Mainnet Launch
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Crowd Sentiment towards Crypto Turns Bearish as Inflation Data Looms
The crypto market has not yet been able to find the right footing based on tightened macroeconomic factors and Russia’s invasion of Ukraine.
As a result, crowd sentiment toward cryptocurrencies has turned negative. Market insight provider…
BTC Miners Are Selling Moderately. Technicals Point to a Trend Reversal. Top Losers
All markets dropped following the central bank's Jackson Hole economic symposium on Friday, with the Nasdaq down almost 4%, the S&P 500 losing 3%, and Bitcoin falling 6% for the day as well.
Source: TradingView …
Potential Fed Tightening Driving Short Term Crypto Sentiments: Analyst
The digital currency ecosystem has continued to experience volatility, with a declining market capitalization sweeping across the board.
While the combined cryptocurrency market capitalization is down by 1.58% to $1.01 trillion, with…
Crypto Weekly Outflows Touches $17m, Ending Six Consecutive Weeks Inflow: CoinShares
Outflows from crypto investment products reached $17 million in the week ended Aug. 12, according to digital asset management firm Coinshares, ending a six-week run of inflows for the cryptocurrency industry.
Bitcoin (BTC) accounted for…
Fed Rate Hike Unclear, Bitcoin Falls Below $21,000
The largest cryptocurrency, bitcoin, tumbled more than 9 percent to below $21,000, hitting a new low in late July. Bitcoin also posted its biggest one-day drop since June.
Bitcoin fell with U.S. stock futures falling as selling emerged…
Not So Bad Inflation Relieves the Crypto Market, Big Players Are Back. Gainers Overview
Markets across the board, as well as crypto markets, were boosted by US inflation coming in better than expected. Since market participants had been pricing in a deeper decline of 8.7%, July's 8.5% fall was a sign of relief for risk…
Enthusiasm to Sell in the Crypto Market Subsided amid Prices Stabilize
The urge to sell in the cryptocurrency market has dwindled based on the surge of leading coins, according to on-chain insight provider Santiment.
Santiment stated:
“Crypto traders' enthusiasm to sell has quickly subsided, especially as…
Ebullient Market Reaction to Less Aggressive Fed; ETH Is Most Wanted Before the Merge
With the Federal Reserve raising interest rates by 0.75 percentage points for the second consecutive time in an effort to contain runaway inflation, Bitcoin, in line with all markets, responded in a positive manner. Despite the 75 BPS rise,…
Crypto Weekly Inflows Have Topped $500M for Six Consecutive Weeks: CoinShares
Inflows into crypto investment products have been experiencing an uptick for six consecutive weeks, topping $500 million, according to a report by market insight provider CoinShares.
The study dubbed “Volume 92: Digital Asset Fund Flows…