Tag Archives: Bitcoin

Bitcoin and other cryptocurrencies are edging higher on Tuesday but the digital asset space continues to face pressure on multiple fronts, including contagion from the bankruptcy of exchange FTX and the increasing difficulty of crypto mining.The price of Bitcoin surged by 1% over the past 24 hours to just shy …

The world’s most famous cryptocurrency held steady at $15,824 on Monday at the time Wall Street opened following a weekly close at levels not seen since late 2020. At time of writing, bitcoin is trading around $15,780.Coinbase lost over 25% of its value in only four trading sessions as investors …

Betcoin was high trading at $16705 after falling to intraday lows after Wednesday’s Wall Street opening bell as the FTX scandal appeared to have impacted another victim. After the bell BTC/USD was trading around $16,400.The meant victim could be Genesis Global Capital, the crypto lending arm of Genesis Trading, and …

News about FTX, Alameda Research and affiliated companies filing for bankruptcy, is putting additional pressure on crypto assets. Bitcoin is trading at $16700 at the time of writing, down -$843 or 4.75% versus the previous closing price at $17551on a bullish spark ignited early Friday. The cryptocurrency market will likely …

WTI is currently changing hands at around $86.40 a barrel. The US Dollar fell on Thursday against all major rival currencies, yields plunged, as market participants rushed to bet on US Fed’s less hawkishness on monetary policy next December. Optimism returned to most assets. US Stocks soared. US indexes are …

Bitcoins enjoys a splendid break from the frightening price action this week, the world’s most famous cryptocurrency gained around $1,600, nearly 10%, following the sizable slowdown in US inflation. On Thursday, the Consumer Price Index for October rose 0.4%, far slower than expectations for 0.6%, the Labour Department reported on …

Almost one year after a billion-dollar seizure of dark web’s crypto, the same agency discovered another massive treasure hidden under a different hacker’s floorings. Dark web drugs market that is broadly known as the Silk Road was designed to be a mysterious underworld economy that avoided all governmental control. On …

Bitcoin is now trading at $19,3315, which is obviously lower than the previous highest highs of $69,000. The most famous cryptocurrency lost -$256.70 on Monday. With inflation increasing in the US, Bitcoin struggles to recover. The macroeconomic climate seems too difficult for Bitcoin and investors have realized that gains will …

Traders witnessed another day of battle for control of Bitcoin’s $19,200 support level, as there was seldom any change to the persistent choppy price action in the crypto market during trading on Wednesday.The US dollar’s Index, DXY, rebounded and so, spiked above 113 near midday after hitting a low of …

Bitcoin price performance declines in line with US stocks ahead of classic volatility caused by the US Consumer Price Index data. The cryptocurrency’s price followed analysts’ predictions with mixed action continuing around $19,000 at Tuesday’s Wall Street open. At the time of writing, bitcoin is trading at $18972.The BTC/USD pair …