Bitcoin (BTC) price tumbled more than 10% today to hit a low near $31,000 and at the time of writing it looks like the sell-off has a bit further to go. In a weekly report from crypto fund provider, CoinShares, some institutional investors seem to be booking profits and the analysts also cited the strengthening
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Since then, the price of Bitcoin has suffered a correction, and most of the crypto market followed. Bitcoin is currently sitting at just over $35,000, and while traders suggest the pullback to be a healthy correction required for Bitcoin to maintain its bullish momentum, some believe the cryptocurrency may plunge below the $20,000. The Bitcoin
Social media mentions about Cardano (ADA) have been growing since the beginning of the year and during this time ADA price has more than doubled and in the process surpassed Bitcoin Cash (BCH) to become the sixth-largest cryptocurrency by market capitalization. A deeper dive into data from Twitter data failed to identify a specific driver
Bitcoin (BTC) has been consolidating for the past few days as the bulls and the bears battle it out for control over the largest cryptocurrency by market capitalization. Currently, Bitcoin looks like it is steadily losing its upward momentum but Vailshire Capital Management founder and CEO Jeff Ross has maintained his bullish stance and believes
Over the past 6 months, Binance Coin (BNB) has been quietly rallying higher, gaining 189% during this period and notching a new all-time high at $46.90 on Jan. 18. This price peak happened just one day before its quarterly token burn, leading investors to question whether or not BNB price will move higher once the
Bitcoin’s parabolic increase well above its previous all-time-high has many experiencing déjà vu from 2017 and a number of analysts are concerned the market is overdue for a sizable correction. On Jan. 8 With Bitcoin (BTC) price reached a new all-time high at $41,940 and this week’s 28% collapse to $31,076 had professional and retail
Grayscale products witnessed $3.3 billion in inflows in the fourth quarter of 2020, a large jump over the $1.05 billion seen in the preceding quarter. According to Grayscale, institutional investors accounted for 93% of the new investments. The significance and magnitude of the investments can be gauged from the fact that in 20, Grayscale received
The total cryptocurrency market capitalization is back above the $1 trillion level as Bitcoin (BTC) bulls pushed the price back to $40,000 on Jan. 14. Daily cryptocurrency market performance. Source: Coin360 Bitcoin price rallied to $40,099 in the early trading hours on Jan. 14 according to data from Cointelegraph Markets and TradingView before pulling back
Block reward halvings cut the rate at which new coins are generated on a given blockchain by 50%. Such events, known jokingly as “halvenings,” have long been anticipated by cryptocurrency traders as catalysts for pushing up the price of their cryptocurrency holdings. Past attempts to predict when Bitcoin’s (BTC) price would increase in relation to
Bitcoin (BTC) hodlers got a serious test of their resolve on Jan. 11 as the largest cryptocurrency approached $30,000. Cryptocurrency market overview on Jan 11, 2021. Source: Coin360 BTC price hits $30,250 Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD continue its bearish streak after Wall Street opened on Monday, taking 24-hour losses to
Crypto custodian BTSE has launched an ERC-20 token that represents Monero (XMR) on the Ethereum blockchain, giving investors new exposure to the privacy-centric coin. Represented by the ticker symbol WXMR, Wrapped Monero is intended to bring greater liquidity to the DeFi ecosystem. The new asset is fully backed by Monero at a ratio of one-to-one
Digital asset investment manager Grayscale has resumed accepting new investments into almost all of its cryptocurrency trusts. The investment manager had paused new inflows into six of its trusts in late December 2020, just as the six-month lock-up period for selling recently-purchased shares in its Bitcoin Trust, which trades under the ticker GBTC, was winding
2021 got off to a quick start and the current crypto bull market has seen assets like Bitcoin (BTC) and Ether (ETH) shoot to new all-time highs on an almost daily basis. While new price highs are positive for investors, they do present a range of challenges relating to fees, transaction speeds and the centralization
On New Year’s Day, the U.S.-based crypto exchange Bittrex announced via Twitter that it was delisting three leading privacy coins: Monero (XMR), Zcash (ZEC) and Dash. A link promised further details, but those who followed it learned nothing to explain why trades in those tokens would end on Jan. 15. Still, the news couldn’t have
Bitcoin (BTC) continued its habit of hitting all-time highs almost every day on Jan. 7 as bulls took the largest cryptocurrency above $38,000. Cryptocurrency market overview. Source: Coin360 BTC price passes $38,500 Data from Cointelegraph Markets, Coin360 and TradingView followed BTC/USD as it took out another hurdle on the way to the psychologically significant $40,000
Bitcoin (BTC) climbed to fresh all-time highs on Jan. 7, coming within striking distance of $40,000. Cryptocurrency market overview. Source: Coin360 BTC price reaches $37,800 Data from Cointelegraph Markets, Coin360 and TradingView showed Bitcoin getting yet another boost overnight on Wednesday as protestors stormed the Capitol in Washington D.C. After showing signs of continuing strength
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