Tag Archives: Cryptocurrencies

Cryptocurrency bitcoin rose 5.69 percent to $2,045.29 by 2003 GMT Sunday, up $1,079.23 from its previous close. With this, Bitcoin, the largest and most popular cryptocurrency in the world, is up 13.9 percent from this year’s low of $1,7592.78, which it hit on Saturday. Ether rose 10.42 percent to $1,100.07 …

Liquidity problems could account for the latest crypto crash. Over the weekend, bitcoin price dropped below a key psychological level for buyer support, and so far, has not managed to return above that level.Bitcoin price fell below $20,000 on Saturday and is currently trading at $19,379 on Sunday morning, registering …

Bitcoin slumped on Wednesday to an 18-month low, dragging smaller cryptocurrencies with it, as the recent slide in cryptocurrency markets showed no sign of stopping. Bitcoin fell 6.3% to $2,0715.69, its lowest since December 2020. Bitcoin has lost about 28 percent of its value since Friday, and more than half …

Bitcoin sank below $21,000 on Tuesday, extending sharp declines from the previous day and sinking deeper into 18-month lows. The total value of all digital tokens combined also dipped below $1 trillion for the first time since early 2021.A liquidity crisis at cryptocurrency lending firm Celsius has triggered investors’ worries …

A widely anticipated crypto regulation was unveiled on Tuesday. The draft law provides some long awaited clarity for crypto markets and provided definitions for most digital assets as commodities, giving most of the oversight to the Commodity Futures Trading Commission.Known as the Responsible Financial Innovation Act, the draft law was …

Bitcoin moved higher over the weekend as cryptocurrency traders look for a bottom following a rough six months of selloff.The largest cryptocurrency by market cap about 4% and trades on Monday at $31,298.76. Ether has advanced nearly 5% to $1,855.86.Crypto has continued to move together with stocks. All three of …

Crypto traders remain committed to risk-off after having experienced nine-week decline. Bitcoin is expected to further fall 27% decline this month, although it is up 10% from its recent extreme low at $25,840 on 12 May.The most famous cryptocurrency declined by nearly 3% over the past 24 hours’ trading and …

With cryptocurrencies, the future is and will remain uncertain. The one factor that stirs hope to crypto traders and investors is that big players are starting to join the trading game.On Wall Street, JPMorgan Chase, Morgan Stanley and Goldman Sachs are just some examples that employ dedicated cryptocurrency teams. In …

Over $200 billion erased from the cryptocurrencies’ market in one day as selloff has intensified. The price of bitcoin plunged below $26,000 on Thursday, hitting the lowest level in 16 months.The price of bitcoin plunged as low as $25,401.29 on Thursday. That marks the first time the cryptocurrency has sunk …

European Central Bank executive board member Fabio Panetta said lawmakers across the world must decide how to regulate cryptocurrencies based on potential risks.In a written statement for a speech to Columbia University on Monday, Panetta said global policymakers had made some progress in addressing regulatory frameworks on digital assets, but …