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ETH briefly rose above $2,000 on Tuesday, as crypto bulls were once again present in today’s market session. BTC was also higher, with the world’s largest cryptocurrency climbing to its highest point in nearly three weeks. Bitcoin Bitcoin rose to its highest level in nearly three weeks on Tuesday, as crypto prices continued to rally, … Read more
A giant sell well appears at $33,500 as Bitcoin’s rise — which succeeded in surprising some — comes under close scrutiny. Go to Source Powered by WPeMatico
The elusive relief rally that BTC and ETH traders expected has arrived, but will the market sustain enough bullish momentum to catalyze a trend change? Go to Source Powered by WPeMatico
A survey conducted recently by the Center for Citizen Studies of the Francisco Gavidia University, a private institution in El Salvador, has found that more than half of the Salvadorans surveyed still prefer the dollar over bitcoin as legal tender. Bitcoin, which has been pushed by Salvadoran president Nayib Bukele, has in large part not … Read more
Relief endures despite a U.S. trading holiday, but worries over waning momentum in stocks means the short-term outlook remains gloomy. Go to Source Powered by WPeMatico
A bullish reversal into the new week rapidly gains attention but sober analysts predict that this is just another relief bounce. Go to Source Powered by WPeMatico
Bitcoin is attempting to form a higher low at $28,630 and if that happens, ETH, XTZ, KCS and AAVE may rally in the near term. Go to Source Powered by WPeMatico
Crypto markets strike out on their own as May comes to a close — but not in the direction that anyone hoped for. Go to Source Powered by WPeMatico
Billionaire and FTX co-founder Sam Bankman-Fried said the leading crypto asset exchange aims to make a number of acquisitions and could spend up to $2 billion on such efforts. The FTX chief executive officer highlighted in a recent interview that a fraction of the funds raised by the company were “explicitly viewed from a potential … Read more
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to bring the sector out of the shadows and regulate it. Crypto Miners Burn More Electricity Than Russian Farmers Miners extracting digital currencies account for more … Read more