City Santiment Financial News

17.06 / 22:59

UPS Tether USDT gone Tether: With UST gone and USDD struggling, is USDT next in line

With UST mixed into the dust and USDD struggling to keep up; could Tether be the next in line for the stablecoin massacre? The crypto market volatility has ramped up pressure on stablecoins recently after Celsius froze account transactions. The coming days are showing trader pain with the market struggling badly under tightened monetary conditions.

17.06 / 18:43

Platform Action Santiment exit Is UNFI’s [Unifi Protocol DAO] 200% rally just another case of exit liquidity

The cryptocurrency space has spent the entire year struggling as many market experts expect a deep bearish phase. Many cryptocurrencies have fallen from regions seen as all-time highs over a year ago. Although the market has been struggling, UNFI, the native token of the Unifi Protocol DAO has been able to post over 200% gains in the last 24 hours.

17.06 / 01:45

BTC Lowe's Santiment Bitcoin Time BTC: Want to time the bottom? These ‘bull traps,’ ‘fake pumps’ might help

Bitcoiners have been active in recent days following the latest crypto crash. The 3AC and Celsius liquidations have been attributed to the major price drops. In fact, the on-chain metrics of Bitcoin have been showing some interesting developments of late.

16.06 / 11:33

UPS Action Decentraland Santiment Time Why are Decentraland [MANA] investors panicking for the first time in eight months

The hype of the Metaverse certainly declined considerably in the last two months as the market crashed twice, and the likes of Decentraland stand on the receiving end of this bearishness.

16.06 / 00:01

UPS Action Santiment ATH What does Shiba Inu [SHIB] need to hit its former ATH once again

Not surprisingly, Shiba Inu [SHIB] continued its downtrend today. This, after having already declined by 27% over the week. Thanks to the same, the meme coin was down by 91% from its ATH back in November 2021, at press time.

15.06 / 21:39

Provident Lowe's Enterprise Analyzing how GMT, GST tokens have fared amid current market turmoil

As most move-to-earn blockchain-based projects reel under the impact of the tight market conditions, STEPN appears to have been hit the most. Apart from struggling to keep gamers interested, since the beginning of the month, the gaming company has been trailed by a series of unfortunate events.

15.06 / 18:53

BTC Lowe's Arrow Bitcoin NOT Bitcoin back to Stone Age? On-chain answer will not startle you

With Celsius and Three Arrows Capital already in line for insolvency, the crypto market has taken a huge hit in recent days. At the heart of it is Bitcoin, with the king coin down to its lowest value since December 2020.

15.06 / 17:43

Action Santiment Can Uniswap V3’s surprising performance invalidate recent losses

Uniswap [UNI] took a hit just like every other cryptocurrency. But its presence in the market as a decentralized exchange might have something more in store for the token of the protocol.

15.06 / 07:33

UPS Lowe's transaction volume Shiba Inu’s active addresses, transaction volume have been hinting at…

As the crypto market gets ravaged by a wildfire set by the bears, some tokens have taken to recording new lows. One of those cryptocurrencies is Shiba Inu’s SHIB token.

15.06 / 01:17

UPS Action Santiment recovery Assessing odds of Fantom investors buying dip after 14.7% recovery

The recent market crash successfully invalidated all recovery that cryptocurrencies made post the 9 May crash. However, as of 14 June, some of the tokens are back in the recovery mode, rising far quicker than others, including the likes of Fantom [FTM].

14.06 / 20:05

Blockchain Lowe's Santiment Assessing ATOM’s odds of a bounceback after its latest breach

ATOM seemed to be flashing bullish signs after a strong downtrend kicked off last week. However, the market is now noting another crash, forcing ATOM to crash below its structural support.

13.06 / 18:15

Ethereum Fighting Software Santiment network Cardano [ADA] on-boarding solidity-based apps will have this effect on the network

As the date for the launch of its long-awaited Vasil Hard Fork draws nearer, the software company behind the Cardano Project, Input-Output Global (IOG), yesterday announced the launch of its permission-less Ethereum Virtual Machine (EVM) sidechain alpha on the testnet. According to it, this will allow developers and builders alike to build their Solidity-based applications on the Cardano Blockchain.

13.06 / 15:35

Ethereum ETH Lowe's Santiment Low Ethereum’s new 2-year low: Can it GO any lower? The answer is…

Over the past week, Ethereum [ETH] has noted its third-highest drop in 2022 after the May crash and the January dip. Simply put, it has been falling for the second consecutive month.

13.06 / 04:33

Ethereum Provident Lowe's Ethereum Classic [ETC] and why it is one of the worst hit large cap coins

As the cryptocurrency market embarks on another round of capitulation, an era of touching newer lows appeared to have been ushered in for most altcoins. Yesterday, the market capitalization for the global cryptocurrency market dropped to $1.19 trillion, from an all-time high of $3.08 trillion in November, 2021. In the last 24 hours, an 8% decline was registered.

13.06 / 01:03

Ethereum Lowe's Santiment Bitcoin With U.S CPI data pushing markets off the ledge, here’s what investors need to know

Recent developments in the market have reduced the pain tolerance of crypto investors that were already reeling from the May crash. What does the future of crypto assets look like now as global indexes begin to tremble further?

12.06 / 23:39

Digital XRP Action Santiment Bitcoin -12%, -8.3%, and -7.5% – Why Cardano, Solana, XRP were hit the hardest today

The cryptocurrency market as a whole has been on a severe downturn of late. Considering the first half of 2022, this isn’t something new either. The market capitalization of the larger crypto-market has fallen by over 14% in the past week alone. And, recent CPI numbers from the U.S have been nothing short of a kick in the gut.

12.06 / 19:31

Twitter Target Action week Is BAYC losing significance with ApeCoin [APE] losing over 34% in a week

ApeCoin was one of the most anticipated launches this year. Now it is one of the worst-performing assets among the top coins. Furthering it is the consistent threat that has been looming over the Bored Ape Yacht Collection, with another possible attack on the way.

12.06 / 12:59

Provident Progressive Action Santiment As investors dump LINK, take a look at the ‘chain’ reactions that triggered this

Chainlink was on a solid uptrend for the last two weeks before the broader market crash terminated the rally and brought the coin back down. The last 24 hours have been marked as the third time in this year alone that Chainlink’s attempts at recovery have been crushed by the bears.

12.06 / 12:59

Santiment With Polkadot [DOT] suffering a bull trap on the charts, here’s all you need to know

As the rest of the cryptocurrency market traded flat during trading hours on 10 June, Polkadot (DOT) saw some growth in its price. The DOT token registered an intraday high of 5% during trading hours.

11.06 / 21:39

Platform Action Pool Santiment recovery Curve Finance [CRV]: Despite humdrum price action, is there hope for a recovery

Curve Finance is an automated market maker platform that is primarily designed to accommodate liquidity pools that contain similarly behaving assets, primarily stablecoins, or wrapped versions of similar assets. Simply put, it is a decentralized exchange (DEX) for stablecoins. The governance token for the DEX is regarded as Curve DAO Token (CRV).

11.06 / 16:43

UPS ETH BTC Bitcoin What crypto market and S&P 500’s tandem skydive from ATHs means for traders

Losses in cryptocurrencies deepened on 10 June and affected everything from Bitcoin [BTC] to the Altcoins. This led to tokens either setting or approaching their lowest levels of 2022. After the US announced the latest record-setting CPI data, BTC dumped below $30,000 and registered a two-week low.

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