Cryptocurrency prices dropped as a reaction to large selloff move because of worries about infection from China’s Evergrande Group swept all global markets. Bitcoin dropped as much as 10.7% to $42,522 in New York trading sessions, Sunday, reaching the lowest level since 1 August. The current point is also below …
Read More »Bitcoin Loses About 9% of Its Value
The price of Bitcoin fell sharply on Monday, September 20th, as investors began to dump risks amid a slump in global stock markets. The world’s most popular cryptocurrency tends to fall despite being considered safe haven by some, the growing reality is that its price tends to fall amid broader …
Read More »Coinbase unveils Bitcoin and Crypto Predictions
Coinbase CEO Brian Armstrong released, Friday, a new list of predictions for Bitcoin and the cryptocurrency industry.Armstrong believes a billionaire Bitcoin based upon blockchain concepts will boost technological, scientific and charitable causes in the near future. He believes as soon as the price rises up to USD 200,000 per Bitcoin, …
Read More »Dogecoin jumps 40% on Elon Musk’s cryptic endorsement
Crypto currency Dogecoin achieved some positive move on the road to recovery and jumped up Friday as traders are assessing feasibility and impact of its addition on Coinbase, one of the world’s leading crypto exchanges. The SHIB/USDT exchange rate rose up to 16.42% to USD 0.00000950 for the first time …
Read More »Bitcoin Down 4%, Ethereum Down 6%
Cryptocurrency sell-off widened Tuesday, September 7, while Bitcoin shed nearly 4% while its smaller rival, Ethereum, shed more than 6%. Bitcoin, the world’s largest and most popular cryptocurrency, fell 4% to $50,516, after rising to its highest level since mid-May above $52,000 earlier, in Asian trading. Ethereum fell more than …
Read More »Bitcoin Trading a Little Below $47,000
Most cryptocurrencies are showing a negative performance on Monday, led by Bitcoin. The world’s largest digital currency in terms of market capitalization is trading down for the day by 3.87% at $46,761.30, extending its losses over the past seven days to 5.3%. Meanwhile, Ethereum and XRP are down by 0.7% …
Read More »Bitcoin Breaks 50k Barrier, Cardano Making Its Way up Fast
For the first time since the beginning of last May, Bitcoin, the largest cryptocurrency by value, succeeded in surpassing the $50,000 levels, which served as an important psychological resistance point for the bulls. According to analysts, testing the levels of $50,000 establishes new support levels above the $48,000 in an …
Read More »Cryptocurrencies Extend Gains amid Higher Demand
Cryptocurrencies are rising across the board with increased investors’ demand and news about investment inflows from institutions. Coinsbase reportedly plans to invest $500 million in cryptocurrencies and invest future returns in a portfolio of crypto assets. The world’s biggest and most famous cryptocurrency, Bitcoin, rose by about $3,228 or 7% …
Read More »Could Ethereum Be The No.1 Cryptocurrency?
Bitcoin was the first cryptocurrency and remains the biggest in terms of market capitalization, however, some market experts now believe that Ethereum (Ether) with its recent surge could one day overtake the number one spot. Ethereum will continue to outperform Bitcoin, said Nigel Green the head of a financial institution, …
Read More »Bitcoin at Highest in Nearly Three Months
Bitcoin continued its rally on Monday, surging to its highest level in about three months. Recent news has reassured investors in crypto-assets and improved their appetite for digital currencies, allowing Bitcoin to recover some of its recent losses. The world’s largest cryptocurrency in terms of market capitalization is up for …
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