Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

bitcoin and Ether Rebound Amid Market Turbulence bitcoin and Ether, two of the most popular cryptocurrencies, showed signs of recovery on Tuesday following a recent sharp decline triggered by broader market volatility bitcoin saw a 3 6% increase, trading at approximately $55,988 as of 5:50 UTC, although it has experienced a 16% decline over the past week Similarly, Ether gained 4 4%, reaching $2,526, despite a 24% drop in the last week...

As the world witnessed a dramatic plunge in the global stock market, a phenomenon being dubbed as “crypto Black Monday” unfolded, triggering a significant drop in the prices of major cryptocurrencies The iconic bitcoin (BTC) price notably fell below $50,000 for the first time in February, sending shockwaves across the financial landscape The latest reports indicate that the bitcoin price managed to climb back above $54,000 after experiencing a roughly 10% decrease in the past 24 hours, according to data provided by CoinMarketCap However, the majority of other prominent cryptocurrencies suffered losses of around 20% during the same period, with ethereum (ETH) plummeting to the $2,300 range, reflecting the prevailing bearish sentiment Global Stock Market Turmoil The repercussions of crypto Black Monday were not confined to the crypto space, as major stock indices worldwide also witnessed a sharp decline...