Bitcoin (BTC) pierced $40,000 at the Wall Street open on April 26 as its latest relief rally lasted less than 24 hours. $39,500 eyed as BTC safety net Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping from local highs of $40,800 on April 26. At the time of writing, volatility was in evidence as
Market Analysis
The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion. Data from Cointelegraph Markets Pro and TradingView shows that after dropping as low as $38,210
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Lili Zhao, director of ecosystem growth at Neo — an open-source blockchain development platform. The A to Z of
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week AMC Theatres mobile app accepts Dogecoin, Shiba Inu and more
Bitcoin (BTC) headed toward $40,000 on April 22 after a major retracement in equities speared bulls’ latest advance. Bitcoin sheds $3,000 on U.S. stocks plunge Data from Cointelegraph Markets Pro and TradingView showed BTC/USD being kept firmly under $41,000 Friday after volatility during the latest Wall Street trading session. Thursday had seen United States markets react
Bitcoin (BTC) faced selling pressure at the Wall Street open on April 22 as markets began a rerun of April 21’s losses. No let-up for stocks or crypto as losses mount Data from Cointelegraph Markets Pro and TradingView showed BTC/USD following a grimly familiar course on April 22, hitting lows of $39,197 on Bitstamp. The previous
Bitcoin (BTC) regained fresh ground on April 21 after bears failed to gain control of short-term price action overnight. Trader: Holding $42,300 could open up path to $50,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching new local highs of $42,455 on Bitstamp Thursday. With the Wall Street open still to come, upward momentum
Stablecoin minting and nonfungible tokens (NFTs) have been the latest trending topics in the cryptocurrency market and protocols like Terra (LUNA) have led the discussion on why stablecoins should be backed by assets like Bitcoin and Avalanche (AVAX). One project that appears to be following Terra’s lead is Origin Protocol (OGN), a platform focused on
Things are looking up for the United States’ largest institutional Bitcoin (BTC) product by asset holdings as pressure mounts on regulators. Data from on-chain monitoring resource Coinglass confirms that as of April 21, the Grayscale Bitcoin Trust (GBTC) is rebounding toward 2022 highs. Grayscale CEO: “‘If’ not ‘when'” for U.S. Bitcoin spot ETF After a
Bitcoin (BTC) closed above a crucial level into April 20 as the daily chart offered a long-awaited “buy” signal. Trader: Bitcoin is a buy at $41,500 Data from Cointelegraph Markets Pro and TradingView confirmed a daily close at $41,500 on Bitstamp for Tuesday. A strong performance, the sustained gains meant that fresh upside should be
Bitcoin (BTC) dropping to $25,000 or lower is unlikely thanks to hodlers hoping for all-time highs, not speculative traders, new research says. In a series of tweets on April 19, popular analyst Root argued that there is “no real reason” for a dramatic Bitcoin sell-off. No major selling from “maturing” hodlers Bitcoin has yet to
Bitcoin (BTC) reclaimed $41,000 on April 14 as the first day of Western stock market trading after Easter painted a more bullish picture. Analysis calls for caution on BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking above $41,000 during April 19, reaching five-day highs on Bitstamp. In a refreshing change to the gloomy
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Bitcoin (BTC) dipped below $40,000 support on April 18, and the two-week 15% correction was enough to prompt predictions of $30,000 prices in the near term. Meanwhile, regulatory uncertainties continue to be a key concern for investors, including the failed European Know Your Customer (KYC) and Anti-Money Laundering (AML) proposed rules for ”unhosted” private wallets. For instance,
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We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Lynn Liss, the chief operating officer and co-founder of Akoin, a cryptocurrency and blockchain ecosystem designed to empower entrepreneurship
Activity across the cryptocurrency market has been largely subdued on April 15 as traders in the United States have taken an early weekend thanks to the closure of financial markets for the observance of Good Friday. A survey of the top 20 tokens indicates a relatively flat trading day, with Bitcoin (BTC) clinging to support above
United States-based cryptocurrency exchange Coinbase sent waves across the cryptocurrency ecosystem on Apr. 11 when it released a list of 50 crypto assets that were under consideration for listing in the second quarter of 2022 in a bid to increase the transparency of its listing process. Responses to the release were mixed and led to
Bitcoin (BTC) fooled no one with its criss-crossing of $40,000 on April 15 as traders remained firmly risk-off on BTC. Bitcoin returns to key 2022 Fib level Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing modestly after returning to the $39,500 zone on April 14. The move erased an impulse move higher from earlier
Bitcoin (BTC) held on to fresh gains on April 14 after a rebound in line with Wednesday’s Wall Street open flipped the mood. $40,500 now the level to hold Data from Cointelegraph Markets Pro and TradingView showed BTC/USD still trading above $41,000 Thursday, having reclaimed the $40,000 mark during the move higher. “So far so
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