A Dozen Digital Assets Record Double-Digit Gains as Crypto Markets Begin to Heal After FTX’s Collapse

A Dozen Digital Assets Record Double-Digit Gains as Crypto Markets Begin to Heal After FTX’s CollapseAt the time of writing the global cryptocurrency market capitalization is hovering around $842 billion on Sunday, Nov. 27, 2022. Bitcoin prices consolidated since the start of the week, as seven-day stats indicate the price of bitcoin has dropped by 0.02% this week. Meanwhile, while bitcoin prices remain static, a number of alternative crypto assets […]

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Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg

Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent 80,081 bitcoin and 49.8 million stablecoins, which add up to […]

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Biggest Movers: BNB Rallies to 5-Month High on Monday

Binance coin rose to a five-month high on Monday, as cryptocurrency prices continued to trade higher. The token rose to its highest point since mid-May, extending recent gains in the process. Avalanche was also in the green, climbing to a six-week high during today’s session. Binance Coin (BNB) Binance coin (BNB) rose to a five-month […]

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While Overall NFT Transactions and Buyers Are Down, NFT Sales Jumped 2% Higher Than Last Week

During the last week, non-fungible token (NFT) sales volume has managed to climb 1.9% higher than the week prior with $85 million in NFT sales in seven days. However, the number of NFT buyers slid by 12.63%, and the number of NFT transactions is down 19.19% on October 23, 2022. NFT Sales Record a Slight […]

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Bearish Correction for Cryptocurrencies Today after Binance Bridge Exploit, BTC Dips Below $20K, ETH Holds Above $1,300

Cryptocurrency markets are showing a slight bearish correction this Friday as the global crypto market valuation dipped by $20 billion from yesterday’s $960 billion to a current level of $946 billion. While Ethereum manages to hold support above the $1,300 level, Bitcoin dipped below $20k today, as trading volume is down significantly for both crypto assets. Let’s look at relevant finance, Bitcoin, and Ethereum news affecting markets today. Key Points: The cryptocurrency market has lost $20 billion in valuation today, currently at $940 billion. Binance Smart Chain Bridge exploit provided hackers with $100M in funds, which were promptly frozen by

The post Bearish Correction for Cryptocurrencies Today after Binance Bridge Exploit, BTC Dips Below $20K, ETH Holds Above $1,300 appeared first on The Merkle News.

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