The hedging behavior of bitcoin (BTC) market makers could exacerbate a price drop if there’s a breakdown in the bearish chart pattern. Original
Bitcoin 'Bear Flag,' Crypto Options Market Hint at Downside Risk
Day: July 12, 2022
Solana-Based STEPN Reports $122.5M in Q2 Profits
STEPN said the team had identified several areas where the company will deploy its earned capital in order to improve game play. These include security enhancements, anti-cheating mechanisms to prevent bots from earning GMT, building the developer and core team and seeking out partnerships and/or sponsorship opportunities. Source
Looking at the Claims Celsius Operated Like a Ponzi
“Faced with a liquidity crisis, Celsius began to offer double-digit interest rates in order to lure new depositors, whose funds were used to repay earlier depositors and creditors. Thus, while Celsius continued to market itself as a transparent and well capitalized business, in reality, it had become a Ponzi scheme,” the suit alleges. Source
Animoca Brands Raises Additional $75M, Nudging Valuation to $5.9B
Non-fungible token (NFT) and metaverse investor Animoca Brands has raised a further $75 million, pushing the firm’s value to $5.9 billion. Source
Animoca Brands Raises Further $75M, Nudging Valuation to $5.9B
CryptoX – Cryptocurrency Analysis and News Portal Non-fungible token (NFT) and metaverse investor Animoca Brands has raised a further $75 million, pushing the firm’s value to $5.9 billion. Original Source The post Animoca Brands Raises Further $75M, Nudging Valuation to $5.9B appeared first on CryptoX. CryptoX Portal
Lightspeed Venture Partners Launches New Funds Totaling More Than $7B
The venture capital firm also announced Lightspeed Faction, an independent team focused on early-stage blockchain infrastructure projects Source
Bitcoin la 3.562$
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First Mover Americas: Bitcoin Below $20K and BTC's Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High
The latest price moves in bitcoin ($BTC) and crypto markets in context for July 12, 2022. Original
Bitcoin cae a $19.7K mientras crecen preocupaciones de recesión y el euro alcanza paridad con el dólar
Los mercados de valores también sufrieron. En Asia, el índice Hang Seng cayó 1,26%, mientras que el Nikkei 225 de Japón decreció 1,75 %. El índice Stoxx Europe 600 cayó 0,60%, mientras que el DAX de Alemania perdió 1%. Los futuros de EE. UU. en el Nasdaq 100 y el S&P 500 cayeron 0,68%. Source
Tezos (XTZ) Nears 3-Week High
After a sharp decline in the second week of June, the price of Tezos (XTZ) rebounded from its $1.2 low. Tuesday, despite a highly volatile market, the altcoin price reached a new all-time high, rising slowly but steadily. XTZ was a prominent performer to usher in the week, as prices surged to a three-week high. Following Monday’s session low of $1.50, XTZ climbed to an intraday high of $1.60 yesterday. As of the time of writing, XTZ was trading at $1.54, an increase of 6.0 percent over the previous week. This…