Tag: Decline

Crypto Exchange Upbit Operator Sees 47% Decline in Q1 Revenue

[ad_1] Cryptocurrency exchanges are now facing the wrath of the declining market sentiment. Dunamu, the operator of South Korean crypto exchange Upbit, reported the first quarter of 2022’s operating profit at 287.8 billion won ($232.75 million), which was a yearly decline of 46.9 percent. According to a report by...
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Bitcoin Resumes Decline, Why BTC Could Revisit $35K

[ad_1] Bitcoin started a fresh decline below $40,000 against the US Dollar. BTC is gaining bearish momentum and could even drop to the $35,000 support. Bitcoin started a fresh decline below the $40,000 and $39,000 levels. The price is trading below $40,000 and the 100 hourly simple moving average....
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