Crypto Briefing

Three Arrows Capital is considering asset sales and a bailout as it deals with a major liquidity crisis, The Wall Street Journal has reported.Key Takeaways Three Arrows Capital is considering selling...

Bitcoin has recorded a new 18-month below the historically significant $20,000 level.Key Takeaways Bitcoin has broken below $20,000 for the first time since December 2020, while Ethereum has dipped...

The future owner of Twitter (NYSE:TWTR) discussed cryptocurrency payments and crypto scams with employees.Key Takeaways Elon Musk met with Twitter employees today to discuss plans for the social...

The slight relief rally has caused Bitcoin to jump 4% from yesterday's lows.Key Takeaways Many top crypto assets have broken their week-long downtrends following yesterday’s Federal Open Market...

The Terra collapse may still impact market participants’ perception of stablecoins.Key Takeaways The total supply of stablecoins dropped for the first time in history. CoinMetrics charts show...

Cardano and Solana have dropped to vital support levels that could stop their bleeding.Key Takeaways Cardano and Solana have both dropped by more than 28% over the past week. Both Layer 1 tokens show...

As the total crypto market capitalization has fallen 70% from its all-time high, the vast majority of cryptocurrencies have suffered hard.Key Takeaways Data from crypto price aggregator CoinGoLive...

Crypto’s largest stablecoin issuer has denied rumors that its commercial paper portfolio is 85% backed by distressed Chinese or Asian commercial paper.Key Takeaways Tether has denied the rumors...

Bitcoin appears to have entered an historical buy zone after falling almost 70% in the last seven months.Key Takeaways Bitcoin has dropped by nearly 70% from its all-time high. Several metrics now...

CEL spiked then plummeted Tuesday during what's been an eventful few days for Celsius.Key Takeaways Celsius’ CEL token soared over 300% Tuesday before crashing minutes later. The move may have...

The TRON DAO Reserve has deployed $2 billion to fight TRX short sellers—but the USDD stablecoin is still trading below a dollar.Key Takeaways USDD lost its dollar peg Monday amid a broader...

The crypto bear market is hitting top-tier NFT collections hard.Key Takeaways The NFT market is crashing alongside Bitcoin and Ethereum. An increase in wETH trades on OpenSea suggests owners of...

Bitcoin and Ethereum appear oversold, but macroeconomic fears could prevent a significant rebound.Key TakeawaysBitcoin dropped 11.6% following Monday’s open. At the same time, Ethereum took an...

May’s CPI data has severely impacted global financial markets, dragging risk-on assets like cryptocurrencies lower. The total cryptocurrency market cap has fallen below $1 trillion for the first...

Celsius has paused all customer withdrawals, swaps, and transfers citing “extreme market conditions.”Key Takeaways Celsius has frozen customer withdrawals, swaps, and transfers due to...

Edward Snowden stressed the importance of privacy with respect to Bitcoin and crypto during a virtual discussion at Consensus 2022 on Saturday.Key Takeaways Edward Snowden has said that he is "very...