Cryptocurrencies

Bitcoin

Market Wrap: Bitcoin Struggles Below $40K as Traders Digest Fed Statement

Bitcoin is under pressure as Fed taper concerns linger, although some expect crypto to remain resilient.

Markets  ·  17 June 2021
Bitcoin

Bitcoin Holds Short-Term Support; Faces Resistance at $41K

Upside momentum has been weak, which means the corrective phase from May is not yet complete.

Markets  ·  17 June 2021
Politics

Republican House Campaign Arm to Accept Donations in Crypto

The crypto will be converted into U.S. dollars first, before being deposited into the National Republican Congressional Committee's account.

News  ·  17 June 2021
Bitcoin

Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023

The U.S. central bank also increased estimates of coming inflation to 3% from the 2.2% projection in March, largely due to transitory factors.

Markets  ·  16 June 2021
Bitcoin

Bitcoin Upside Fades; Lower Support at $34K

BTC faces slowing momentum as buyers struggled at resistance. Upside limited with lower support at $34K.

Markets  ·  16 June 2021
Bitcoin

Market Wrap: Attempts to Push Bitcoin Above $40K Stall

Some analysts are optimistic while others prefer to see stronger signs of upside momentum before calling a bottom.

Markets  ·  15 June 2021
Bitcoin

Bitcoin Stalls at Resistance; Lower Support at $36K

However, the short-term trend is improving as the daily chart advances from oversold levels.

Markets  ·  15 June 2021
Bitcoin

Market Wrap: Bitcoin Sustains ‘Musk Jump’ as Crypto Sentiment Improves

Bitcoin tests $40K following positive comments from Tesla's CEO Elon Musk and hedge fund manager Paul Tudor Jones.

Markets  ·  14 June 2021
Opinion

4 Crypto Tax Tips to Get You Through Market Dips

Harvesting your crypto losses during a dip generates greater tax savings than hodling, says a crypto tax expert.

Policy & regulation  ·  14 June 2021
Bitcoin

Bitcoin Fund Outflows Slow but Investors Start Exiting Ether Funds

The amount of money leaving was significantly less than the previous, record week of $141 million.

Markets  ·  14 June 2021
Regulation

Italian Regulator Says Unsupervised Spread of Crypto Is Cause for Concern: Report

Cryptocurrencies could facilitate illegal activity and undermine central banks' ability to conduct monetary policy, Consob Chairman Paolo Savona said.

Policy & regulation  ·  14 June 2021
Bitcoin

Bitcoin Attempts Range Breakout, Faces Resistance at $42K

Bitcoin is attempting to break out of a monthslong range but faces resistance at $40K-$42K.

Markets  ·  14 June 2021
Bitcoin

Crypto Long & Short: The Market Gets Smarter

This week, the cryptocurrency markets displayed a more sophisticated understanding of regulatory and technology risk.

Markets  ·  13 June 2021
Bitcoin

Bitcoin Holds Short-Term Support, Faces Resistance at $40K

BTC held minor support along a series of lower price highs. Upside appears limited going into the weekend.

Markets  ·  11 June 2021
Bitcoin

SEC Again Warns Investors Against Bitcoin Futures Funds

The U.S. Securities and Exchange Commission (SEC) sent out a second note to investors urging to reevaluate bitcoin futures-focused funds.

News  ·  10 June 2021