March 11, 2024
Via: Sky NewsOn Monday morning one Bitcoin, the best-known cryptocurrency, could buy $72,219 (£56,303). The price of the digital asset has grown 51% in the last month alone as the so-called ‘halving’ event approaches whereby Bitcoin production will fall from 900 to […]
January 8, 2024
Via: DailyFXBitcoin ETF fever is pushing the price of the largest cryptocurrency by market capitalization back to highs last seen in April 2022. At least 10 companies have handed in amended and updated Bitcoin ETF applications and are waiting to hear […]
January 3, 2024
Via: DailyFXA bearish report by crypto financial services company Martixport is said to be behind the sharp sell-off in Bitcoin. The report suggested that despite all the recent meetings between ETF applicants and SEC staff, and subsequent amendments, all applications will […]
December 11, 2023
Via: DailyFXBitcoin (BTC/USD) Sank as much as 7.5% overnight to a low of around $40520, which is just a whisker away from the psychological $40000 level. I had discussed the possibility of this potential pullback last week in my article (to […]
October 31, 2023
Via: DailyFXBitcoin prices have taken a bit of a breather since the expansive rally that broke above the $35k mark last week Tuesday. Since then, it appears to be a case of uncertainty and rangebound trade but Bitcoin remains underpinned by […]
October 24, 2023
Via: DailyFXCryptocurrencies have surged on hopes that the US could soon approve a bitcoin exchange-traded fund. Technical charts suggest there is room for further rise. Bitcoin has broken above a crucial hurdle at the July high of 31800, triggering a double […]
October 10, 2023
Via: DailyFXBitcoin and Ripple have not enjoyed the best of weeks and for once this hasn’t had a lot to do with the Geopolitical situation in the middle east. There have been some developments particularly around ripple which are interesting but […]
October 2, 2023
Via: DailyFXBitcoin’s rise to a minor resistance at the mid-September high of 27500 raises the odds that the two-month-long decline could be over. This follows a hold above strong support at the June low of 24750, which has kept intact the […]
August 18, 2023
Via: DailyFXAfter weeks of listless trade and low turnover, volatility returned to the cryptocurrency market with a bang Thursday when the market slumped in minutes with little in the way of support seen to stem the fall. Bitcoin went into freefall […]
August 10, 2023
Via: DailyFXOn the daily charts, despite the recent softness, BTC/USD has managed to hold quite strong support around 28500, roughly coinciding with the 89-day moving average and the lower edge of the Ichimoku cloud on the daily charts. BTC/USD 240-Minutes Chart […]
March 6, 2023
Via: DailyFXBitcoin and Ethereum prices have stabilized after Friday’s plunge that occurred on rising fears over crypto-based bank, Silvergate. After announcing a 40% reduction in its workforce, the firm announced a “risk-based” decision to discontinue its Exchange Network. As Coinbase, Galaxy […]
February 21, 2023
Via: DailyFXBitcoin prices have surged over 50% since the start of the year and approximately 6.5% this month. With a 39.93% rally in January allowing BTC to breach $20,000, the speculative asset has continued to climb, rising to another big level […]
January 23, 2023
Via: CNBCBitcoin rose further over the weekend, as traders took news of another crypto bankruptcy in their stride and placed bets on a Federal Reserve “pivot” to cutting interest rates. The price of the No. 1 token briefly topped $23,000 for […]
November 11, 2022
Via: DailyFXAsia-Pacific markets are looking at a risk-on session after the US Dollar plummeted alongside Treasury yields after US inflation slowed in October, according to the consumer price index (CPI). Traders trimmed Fed rate hike bets, dragging the implied policy rate […]
October 19, 2022
Via: Markets InsiderBitcoin (CRYPTO: BTC) could still see another sell-off event as it approaches a fresh bear market low, according to cryptocurrency analyst and popular YouTuber Benjamin Cowan. What Happened: Cowan, who has 770,000 YouTube subscribers, suggested that BTC may capitulate if […]
October 14, 2022
Via: DailyFXThe wait for Bitcoin’s next move is nearly over after weeks of sideways choppy trade. The largest crypto by market cap has been stuck below $20.5k for the last month while support around $18k-$18.3k has held firm. In common with […]
August 31, 2022
Via: DailyFXBitcoin, Ethereum and tech stocks are trading higher after a positive day for risk assets. With Eurozone inflation showing no sign of easing, another heated CPI print has placed additional pressure on the ECB (European Central Bank). As both the […]
August 5, 2022
Via: DailyFXTough times in the cryptocurrency of late with a lack of volatility leaving active traders on the sidelines as Bitcoin meanders sideways. Range traders with a mildly bullish bias will have been successful of late as Bitcoin is currently showing […]
June 29, 2022
Via: Markets InsiderMarathon Digital Holdings, Inc (NASDAQ:MARA) and Riot Blockchain, Inc (NASDAQ:RIOT) were plunging about 10% and 7%, respectively, on Wednesday, in exaggeration to Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which were about .5% and 4% lower, respectively. The crypto miners […]
June 13, 2022
Via: Investing.comBitcoin, the world’s largest cryptocurrency, which has been unable to break off the bearish pressure fueled by macroeconomic issues, experienced its third-largest single-day drop in a decade this weekend, as its price fell to under $25k. Bitcoin Falls Under $25k […]
March 28, 2024
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