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Markets
Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers
A trading pool that large institutional investors such as Alameda Research and Three Arrows Capital have used to dump their “stETH” tokens is now nearly drained and heavily imbalanced, potentially trapping retail investors as well as the embattled crypto lender Celsius.
Market Wrap: Bottom Has Not Been Reached for Crypto, but Capitulation Is Needed
The rally in bitcoin and other major cryptocurrencies after the Fed meeting on Wednesday proved short-lived.
DeFi Protocol Inverse Finance Exploited for $1.2M
Attackers used a flash loan attack to drain the open-source protocol outfit of bitcoin and tether.
Dogecoin, Solana Tokens Lead Gains Among Major Cryptocurrencies
Crypto market capitalization has increased about 4.5% in the past 24 hours after sliding earlier this week.
Tron's TRX Bumps 27% as DAO Deploys $220M for Token Purchase
Founder Justin Sun has injected over $2 billion this week to support the Tron market.
Market Wrap: Fed Hikes Rates at Highest Level Since 1994, Bitcoin Rallies After
The cryptocurrency fell to $20,270 after the Fed's statement but rebounded shortly after.
Tether Sees New Wave of Redemptions as Fear of Market Contagion Spreads
Investors pulled out some $1.6 billion this week from USDT, the largest stablecoin by market capitalization, amid growing nervousness as cryptocurrency prices keep sliding.
Fed Announces Biggest Interest Rate Hike in 28 Years; Bitcoin Gains
"The labor market is extremely tight, and inflation is much too high," said Chair Jerome Powell.
First Mover Americas: Bitcoin Slides Toward $20K in Record Losing Streak as Fed, ECB Meet
The latest moves in crypto markets in context for June 15, 2022.
