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Bear market
BTC Bounces Above $40K for First Time in 2 Weeks Despite Low Volumes
January’s spot trading volume for the crypto market across major exchanges reached their lowest level since December 2020. Still, bitcoin topped $40,000 for the first time in two weeks Friday after dipping. Is this an end to the bear market? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
MicroStrategy Takes $147M Impairment Charge on Bitcoin Holdings in Q4
MicroStrategy (MSTR) reported a non-cash digital asset impairment charge of $146.6 million in the fourth quarter, up from $65.2 million in the prior quarter, according to its latest earnings statement. This comes as bitcoin enters into a bear market. “The Hash” team discusses the specifics and the potential silver lining ahead.
TRLab CEO on Raising $4.2M to Diversify Its Artwork Collection
TRLab, a platform for collecting art in the form of non-fungible tokens (NFTs), raised $4.2 million in a funding round to diversify its collection. Co-founder Xin Li-Cohen, also the non-executive deputy chairman at Christie's, shares insights into the raise, Christie's role as TRLab's marketing partner, and NFT trends to watch in 2022. Plus, how have NFTs been doing in a bear market?
Market Wrap: Sentiment Away From Risk Sends Bitcoin Toward $30K
Bitcoin is at risk of breaking its $30K support level.
Indian Exchanges Unfazed by Current Crypto Bear Market: Report
Despite the downturn, exchanges say they are looking to build up their infrastructure for when the next big boom in crypto rolls around.
Bear Markets Don’t Scare Protocol Developers: CoinDesk 2021 Q2 Review
CoinDesk Research presents its 2021 Q2 Quarterly Review of the cryptocurrency market, exploring trends, developments and new narratives for investors.
Market Wrap: Bitcoin Pushes Higher as Short Bets Unwind
Bitcoin shorts are unwinding positions into the month’s close. Traders watching for signs of capitulation.
Market Wrap: Cryptocurrencies Rise Despite Binance UK Warning
Crypto markets rose despite regulatory crackdowns from the U.K. and China. Analysts expect continued resiliency above $30K support.
