Bitcoin $BTC, Ether $ETH Prices Stuck in ‘Wind Tunnel’
[ad_1] Bitcoin (BTC) was trading over $27,000, recovering some lost ground after its plunge last week. This came as crypto exchange Binance announced that it would cease operations in Canada,…
[ad_1] Bitcoin (BTC) was trading over $27,000, recovering some lost ground after its plunge last week. This came as crypto exchange Binance announced that it would cease operations in Canada,…
[ad_1] Bitcoin crossed above $31,000 on April 14, hitting the highest since June 2022, per CoinDesk data. Since then, the cryptocurrency's price has dropped by 12% to $27,500, while Nasdaq…
[ad_1] Crypto markets have been showing weakness in the past few days as concerns around sticky inflation, stock market earnings and looming recession have dragged prices lower, Edward Moya, senior…
[ad_1] Those two worlds, in other words, have decoupled. This quarter, the correlation between bitcoin (BTC) and the S&P 500 declined from 0.91 to 0.59, and got as low as…
[ad_1] Gaming- and metaverse-affiliated tokens, which led January’s winner board, were among February’s biggest laggards. GMT, the native token of the STEPN ecosystem in the Culture and Entertainment sector, dipped…
[ad_1] Long trades, or bets on higher prices, took 90% of the $220 million in liquidations on crypto futures trading over the past 24 hours as bitcoin (BTC) and ether…
[ad_1] Meanwhile, ether followed bitcoin's lead, holding its most recent support comfortably above $1,600, although it was recently down over 2% from Tuesday, same time. But as CoinDesk markets analyst…
[ad_1] “Contagion caused by centralized counterparties has elevated Bitcoin’s value propositions: decentralization, auditability, and transparency,” ARK writes. “Its network fundamentals have strengthened and its holder base has become more long-term…
[ad_1] Ether also rose then dipped on Monday but continued to trade comfortably over $1,600, about flat from Sunday, same time. Other major cryptos were mixed with AVAX, the token…
[ad_1] Block, whose chairman and co-founder is Jack Dorsey, recorded an impairment charge of $2 million on its bitcoin investment during the third quarter. As of Sept. 30, the fair…