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Cryptocurrency markets continue to perform well this week as Bitcoin managed to hold its support of $22k after a bullish rally yesterday. While stocks opened with momentum on Monday, many closed lower towards the end of the day, with optimism around a potential market recovery quickly evaporating. One significant contributor to the stock market’s underperformance … Read more
Ethereum rose for a seventh consecutive session on Tuesday, as prices briefly climbed above the $1,600 level. This move saw the token hit its highest level in over a month, and came as bitcoin also reached a nearly five-week peak, following gains made earlier today. Bitcoin Bitcoin (BTC) was up to start today’s session, however … Read more
For Bitcoin energy usage to increase to absorb more of the world’s waste energy, its market cap would end up being $420 trillion, calculates Sjors Provoost. Go to Source Powered by WPeMatico
On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related financial products and solutions, and technologies that enable seamless consumption of art.” Christie’s Ventures to … Read more
Did Bitcoin bottom? The weekend crypto rally has extended into the start of a new week, leading traders to question whether the bottom is in. Go to Source Powered by WPeMatico
The 200-week moving average keeps bulls in check, and traders are keeping quiet on the chances of a breakthrough so early. Go to Source Powered by WPeMatico
After pumping to the $21k level over the weekend and surpassing the $400 billion market cap, Bitcoin’s price continued to rise this Monday, breaking past its one-month high, currently trading at $22.1k. Ethereum price also gained over 28% in the past seven days as the upcoming network upgrade from proof-of-work to a proof-of-stake consensus mechanism … Read more
Ethereum was once again higher on Monday, as prices of the token moved towards $1,500 following recent gains. Bitcoin was also in the green, as prices climbed close to a one month high, after surging above $22,000 to start the week. Bitcoin Bitcoin (BTC) was in the green to start the week, as the weekend’s … Read more
The rally has pushed ETH price toward strong resistance levels, increasing its pullback risks against Bitcoin. Go to Source Powered by WPeMatico
Bitcoin rebounds strongly off the weekly close, but for BTC miners, it may be a case of “too little too late.” Go to Source Powered by WPeMatico