Cryptocurrency

Cryptocurrency Bitcoin crossed the $20,000 mark and is looking to post its best day in six weeks on Friday, as the dollar fell and markets found reasons for optimism at the end of a tough week. Bitcoin, the largest cryptocurrency by market capitalization, rose more than seven percent to $20,796, …

Most investors have shifted their focus of attention onto Ethereum because the long-awaited Ethereum Merge has become closer, one of the most interesting facts about 2022’s bear market is that Ethereum outperformed bitcoin across all timeframes. ETH has surged more in the past 24 hours (6% vs 1%), in the …

Bitcoin gained 0.8% in the minutes after the US jobs report was released. The weaker growth gives the Fed sufficient cover to reconsider the more hawkish stance at the US central bank’s next monetary policy meeting in September, this, consequently will relieve the pressure from risky assets ranging from US …

Bitcoin fell below $20,000 for a sixth successive trading session, the longest streak under the same closely-watch level since the crypto market was quacked by crisis in July. The largest cryptocurrency by market value declined as much as 3.1% to $19,577 on Thursday. Most other digital coins were also lower, …

Some key economic data are expected this week including the ISM manufacturing PMI Index, as well as nonfarm payrolls, respectively: an indicator of US economic activity and tracking measure of the total number of paid workers in the US.This week’s soft economic data could grant the crypto and stock markets …

Bitcoin took the journey, on Monday from the opening price at $19571.30 to $20199.30 at the time of writing. It last traded at this level in July when the bulls took over the market and initiated an uptrend.Since a big stone was thrown into the market waters by Jerome Powell’s …

The Treasury Department is facing complaints from the cryptocurrency industry over sanctions imposed on a firm accused of helping to launder billions of dollars, with some funds going to North Korean hackers.In early August, the Treasury Department imposed sanctions on the virtual currency mixing firm, Tornado Cash, which allegedly helped …

The Federal Reserve chair said households and businesses should prepare for pain as the central bank works to bring down inflation.Bitcoin dropped almost 5% in value within no more than two hours following Fed Chair Jerome Powell’s long-awaited keynote address at the Fed’s Jackson Hole, Wyoming, economic conference on Friday.US …

Previous rally has faded as whales tend to abandon the ship, this is why Dogecoin and Shiba Inu have experienced major price corrections at their top because of massive profit taking after prices peaked on Sunday and Tuesday. Shiba Inu currently trades at $0.00001358 versus $0.000014 on Thursday. Meanwhile Dogecoin …

Bitcoin, the world’s largest cryptocurrency by market value, fell 8.3% against the dollar from its 5 p.m. ET level Thursday to trade at $21,480.50. at the time of writing, biutcoin is trading at $21,458. Ether declined 9% over the same period to $1,707.97.It was not immediately clear what knocked the …