May 17, 2022
Via: NBC NewsThe cryptocurrency market’s near-$2 trillion loss in value forces a difficult question: Could crypto trigger a broader economic slowdown? It’s a concern that highlights the uncertainty inherent in a market that by many measures is still in its infancy but […]
April 19, 2022
Via: DailyFXQ1 hasn’t been easy for investors. In fact, the stock market had one of its worst starts to a year in history, rivaled by the GFC and great depression. Of course, Bitcoin as a high beta asset hasn’t been immune […]
March 24, 2022
Via: Investing.comAlthough Bitcoin is often described as digital gold, its price action shows that dominant crypto is more positively related to stocks. The chances that Bitcoin is moving in sync with stock market prices are now highest in 17-months. Bitcoins correlation […]
February 8, 2022
Via: DailyFXBitcoin prices are currently trading within a confluent zone, formed by key Fibonacci levels of the 2020 – 2021 move. Since reaching a fresh all-time high in November, BTC/USD has steadily declined before rebounding off of the $33,000 mark, currently […]
February 1, 2022
Via: DailyFXAsia-Pacific traders will look to keep the risk-on momentum sustained from overnight trading when the S&P 500 index rose more than 1% in New York. Asian equity markets closed mostly higher on Monday, but technology and other high-beta stocks continue […]
January 24, 2022
Via: Business TodayBitcoin tumbled almost 9% on Monday to its lowest in six months as fears of a Russian attack on Ukraine saw riskier assets worldwide extend their sell-off. The largest cryptocurrency was trading down 8.8% at $33,058, its lowest since July […]
January 21, 2022
Via: DailyFXIn other news, El Salvador’s National Commission for Micro and Small Enterprises (Conamype) communicated its plans to offer Small and Medium Enterprises (SMEs) $10m in crypto-based loans in Q1 of 2022. It’s been reported that 86% of businesses in El […]
January 7, 2022
Via: DailyFXSince topping out in November at just over 69k, BTC/USD has been back-peddling. This has put some pressure on long-term bulls, but has done little to change the general ‘buy-the-dip’ mentality. Some day this mentality will be truly challenged as […]
December 29, 2021
Via: John MathewsBitcoin’s rally in 2021 marked an impressive achievement for crypto, favoring mass adoption and the investing FOMO (Fear of Missing Out) of institutions across the globe. However, upward volatility comes at a cost: an equal, potential push towards the bottom. […]
December 13, 2021
Via: DailyFXCrypto markets in general have seen some phenomenal price appreciation due to its large appeal as a hedge against inflation. While inflation persists, measure to combat it are being talked up more and more and major central banks, such as […]
December 2, 2021
Via: Business TodayWorld’s largest cryptocurrency Bitcoin was trading marginally lower today. The price of Bitcoin fell 0.80% to $56,600 on Coinmarketcap. Market cap of the cryptocurrency stood at $1,070 billion. Currently, the global crypto market cap stands at $2.60 trillion, a loss […]
November 12, 2021
Via: Markets InsiderWith more than 14,000 cryptocurrencies in existence and counting, there are more than triple the number of crypto coins than there are US exchange-listed stocks. That large amount makes it nearly impossible to keep track of all the big movers […]
November 5, 2021
Via: Markets InsiderCrypto investors should be holding ethereum rather than bitcoin as interest rates rise, JPMorgan said, because the blockchain has more uses such as powering decentralized finance and non-fungible tokens. JPMorgan analysts, led by market strategist Nikolaos Panigirtzoglou, said in a […]
October 27, 2021
Via: DailyFXAfter opening the day broadly unchanged, the cryptocurrency market slumped across the board in the space of a few minutes with some alt-coins registering hefty double-digit losses. The market has been reasonably calm of late with Bitcoin and Ethereum stable […]
October 4, 2021
Via: Markets InsiderJPMorgan CEO Jamie Dimon doubled down on past skepticism of bitcoin in a TV interview with Axios published on Monday, warning investors that the cryptocurrency has no underlying value. “It’s got no intrinsic value,” said Dimon in response to a […]
October 1, 2021
Via: DailyFXThe cryptocurrency market has started Q4 in a robust fashion with the market capitalization set to break back above $2 trillion. The recent market sell-off into the $1.75 – $1.8 trillion zone has now turned higher with market capitalization now […]
September 21, 2021
Via: Markets InsiderBitcoin fans often say the world’s biggest cryptocurrency is “digital gold” – a safe-haven asset that investors can turn to at times of market stress or high inflation. Yet that view was dealt a blow on Monday, when the digital […]
September 16, 2021
Via: Business TodayWorld’s largest cryptocurrency bitcoin was trading marginally higher today. On Coinmarketcap, the price of bitcoin rose 1.31% to $47,727. Market cap of the cryptocurrency reached $896.600 billion. Currently, the global crypto market cap stands at $2.15 trillion. Other cryptocurrencies were […]
September 1, 2021
Via: Investing.comBitcoin (BTC) has been seeing some consolidation below $50,000 as a psychological barrier. However, during this pullback, several big altcoins have been surging in price, suggesting that the alt season isn’t over yet. Meanwhile, Bitcoin’s price faces a crucial resistance […]
August 24, 2021
Via: Markets InsiderEthereum and Bitcoin have nearly become household names. However, while they’re often mentioned in tandem, they’re far from the same. Bitcoin was created as an alternative, decentralized currency. Ethereum draws inspiration from Bitcoin, but has bigger aspirations: To create a […]
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