Markets

Bitcoin

Investors Cashing Out of Grayscale Bitcoin Trust Might Bring Market Boost

Investors who locked in borrowed coins will need to repurchase those to repay the loan, cryptocurrency pundits say.

Markets  ·  2 July 2021
Cardano

Grayscale Adds Cardano to Its Digital Large Cap Fund

The digital-asset manager sold some existing constituents of the fund and used the proceeds to purchase ADA.

Markets  ·  2 July 2021
Federal Reserve

US Jobs Report Shows Gain of 850K in June, Beating Estimates

The Labor Department also revised May's numbers up by 24,000.

Markets  ·  2 July 2021
Bitcoin

Bitcoin Declines Within Range; Could Find Support at $30K

Bitcoin buyers are in profit-taking mode given strong overhead resistance.

Markets  ·  2 July 2021
Bitcoin

Bitcoin Remains Depressed as Dollar Rallies Ahead of US Nonfarm Payrolls

Bitcoin's fortunes appear closely tied to Federal Reserve's money printing.

Markets  ·  2 July 2021
Bitcoin

Market Wrap: Bitcoin Under Pressure Despite Improving Sentiment

Bitcoin sentiment is improving despite profit taking into July.

Markets  ·  1 July 2021
Bitcoin

Bitcoin Active Addresses at Lowest Number Since April 2020

The decline shows decreasing active user participation on the blockchain network, possibly a sign of weak demand.

Markets  ·  1 July 2021
Tether

Fitch Says Rapid Stablecoin Growth Poses ‘Contagion Risks’

The Fitch report suggests that the turmoil also could have the potential to spread to traditional markets.

Markets  ·  1 July 2021
Bitcoin

Bitcoin’s Sliding Put-Call Ratio Points to Weakening Bearish Sentiment: Analysts

The last time the put-call ratio dropped to six-month lows was during the December-January bull run.

Markets  ·  1 July 2021
Bitcoin

Bitcoin Declines from $36K Resistance, Could Find Support at $30K

BTC starts July on a negative note, although buyers could return at $30K support.

Markets  ·  1 July 2021
Bitcoin

Bitcoin Upside Stalls, Could Find Support Near $30K-$33K

Bitcoin stalled during Asia hours as buyers took profit near $36K resistance. Support at $30K-$33K

Markets  ·  30 June 2021
Bitcoin

Bitcoin’s ‘Puell Multiple’ Flashes Misleading Bullish Signal as China Bans Mining

The metric is tied to miners and may be distorted by China's mining ban.

Markets  ·  29 June 2021
Bitcoin

Bitcoin Gathers Upside Momentum, Faces Resistance Near $40K

Bitcoin could see a minor breakout toward the top of a two-month range near $40K.

Markets  ·  29 June 2021
Bitcoin

Market Wrap: Cryptocurrencies Rise Despite Binance UK Warning

Crypto markets rose despite regulatory crackdowns from the U.K. and China. Analysts expect continued resiliency above $30K support.

Markets  ·  28 June 2021
Ether

Ethereum Gas Fees at 6-Month Low as Market Cools, Layer 2 Solutions Ease Congestion

Ethereum gas fees have abated with decreasing network congestion. Also, there's Flashbots.

Markets  ·  28 June 2021