Summary: FTX reportedly walked away from a potential deal with Celsius Network after analyzing the latter’s finances. Celsius Network allegedly had a $2 billion deficit on its balance sheet at the time of the talks with FTX. Celsius Network team has since issued a statement reiterating their commitment to restoring liquidity and operations. The Sam Bankman-Fried-led crypto exchange of FTX […]

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin fell further this morning to $19,000, as it trades below the 200-weekly SMA. So far, Bitcoin has not retested this level as resistance, but if it does and rejects back down, this would be a very bearish signal. This is because it would be the first time that this level […]

Bitcoin (BTC) has lost the psychological price level of $20,000 as it has regained the previous low of $17,605. Bitcoin bulls and bears have been in a price battle above the $20,000 support level since June 18. The uptrend was hindered as the bulls failed to break through the $21,675 and $23,010 resistance levels. Bitcoin would have regained the high […]

Litecoin price is recovering higher from $45 against the US Dollar, similar to bitcoin. LTC price could continue to move up if it clears the $54 resistance. Litecoin Price Analysis In the past few days, there was a minor decline in bitcoin, ethereum, ripple, and litecoin against the US Dollar. Earlier, LTC formed a base above the $45 level and […]

The meme-inspired cryptocurrency Shiba Inu ($SHIB) and a few other cryptoassets including Polygon ($MATIC) and Unifi are the few altcoins that have been listed on the Nasdaq-listed cryptocurrency exchange Coinbase in 2021 and 2022 to remain above listing price. According to an analysis conducted by pseudonymous on-chain analyst Onchain Wizard, for 2021 and 2022 the median price performance for cryptocurrencies […]

NOWPayments’ Network Fee Optimisation Helps Businesses Save on Fees NOWPayments, a crypto payment gateway, has launched a new network fee optimization solution. The solution allows the NOWPayments system to analyze current network fees and pick the most profitable option out of the client’s wallet. This feature benefits all businesses, especially those with over 2000 transactions per day, as it helps […]