Bitcoin and Ethereum fall to lowest points in over a year as TerraUSD becomes unpegged

Cryptocurrencies took another hammering, with TerraUSD's collapse yesterday causing an “industry-based panic”. Bitcoin nosedived another 14%, changing hands at US$27,039, its lowest level since the end of 2020.

Timeline of Bitcoin, Ethereum, Terrausd

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Data from Santiment showed a dramatic increase in transaction volumes for Ethereum in the past two days. Moreover, the number of addresses at a loss on the Ethereum network reached a new ATH, which was

Bitcoin mining company, Riot Blockchain, revealed its plans to expand operations to Corsicana, Texas, which could light up to 200,000 homes. The post Colorado-Based Bitcoin Mining Operation Expands Into Texas; Could Consume Enough Power to Light 200,000 Homes appeared first on BeInCrypto.

Bloomberg Intelligence analyst Mike McGlone says it's the top two cryptocurrencies by market cap that will lead to the most gains after the recent price dip that affected all asset classes. In a new interview with Yahoo Finance, McGlone pinpoints the Federal Reserve's interest rate hikes as being more detrimental to the US stock market The post Bitcoin and Ethereum Will Outperform Stocks As Risk Asset Prices Crash, Says Bloomberg Strategist – Here's Why appeared first on The Daily Hodl.

Ethereum investors continue to show faith in their loved altcoin even after the recent crash. Despite the macro headwinds, ETH is now ranging above $2,000 repaying the faith of the investors.

The Bitcoin price prediction increased considerably but despite the rejection, the bullish structure still stays around the $30,000 level. BTC/USD Long-term Trend: Ranging (Daily Chart) [.

After a few weeks of consolidation, Bitcoin was unable to increase and eventually broke to the downside. This resulted in a considerable liquidation cascade and a drop below the critical support level of $30K.

Dubai's Emirates Airline will embrace BTC, NFTs, and also the metaverse will plan to add the number one cryptocurrency as a payment service so let's find out more today in our latest Bitcoin news. The United Arab Emirates's leading flag carrier is set to dive into the digital asset space by leveraging cryptos, NFTs, and

On Thursday (May 12), Arthur Hayes, Co-Founder and former CEO of crypto derivatives exchange BitMEX, talked about the current state of the crypto market and at what levels he will feel comfortable with buying more Bitcoin and Ethereum. In a blog post published on May 12, Hayes said: “During a proper meltdown, the market seeks

Bitcoin price analysis is bearish today as we have seen another lower high set at $31.000 and another push lower this morning below $29,500. Therefore, BTC/USD is ready to decline and look to test further downside over the next days.

Bitcoin (BTC/USD) looked for fresh technical sentiment early in the Asian session as the pair continued to orbit the psychologically-important 30000 figure after trading as low as the 25338.53 area, its weakest print since the last few trading sessions of 2020.   Buying pressure pushed BTC/USD to the 30990 area before momentum stalled, just below the 76.4% retracement of the appreciating range from 21913.84 to 61788.45.