Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high
Rising jobless claims in the U.S. sparked selloffs in the dollar market. On the other hand, Bitcoin held onto its intraday gains. Go to Source Powered by WPeMatico
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DYDX gains 80% in a week — What’s driving the DEX token rally?
Traders raised their bids for the decentralized exchange token, believing it would benefit from China’s decision to classify all crypto transactions as “illegal.” Go to Source Powered by WPeMatico
Here’s why Bitcoin mining stocks have been outperforming BTC price in 2021
One of the crypto mining stocks delivered more than 1,600% returns year-over-year (YoY) while Bitcoin’s gains in the same period came out to be around 290%. Go to Source Powered by WPeMatico
Bearish Bitcoin fractal with 78% success rate flashes as BTC drops below $43.5K
The flagship cryptocurrency closed the previous week below its 21-week exponential moving average for the 19th time in history, triggering additional selloff risks. Go to Source Powered by WPeMatico
Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels
Bitcoin has been leaving Coinbase’s wallets in 2021 while BTC exchange reserves on Binance tell a different story. Go to Source Powered by WPeMatico
Bitcoin jumps toward $49K amid fears 5%-plus inflation is here to stay
The rush to so-called safe-haven cryptocurrency appears despite concerns that the Federal Reserve would taper its $120 billion a month asset purchasing program. Go to Source Powered by WPeMatico
MicroStrategy’s Bitcoin treasury exceeds cash held by 80% of S&P 500 non-financial companies
The Nasdaq-listed company recently announced it added another 5,050 Bitcoin to its coffers for about $242.9 million. Go to Source Powered by WPeMatico
Uniswap (UNI) price jumps by 15% in DeFi, cryptocurrency market rebound
The jump in UNI/USD rates has quickly met with sellers at local top levels. Go to Source Powered by WPeMatico
Bitcoin’s sharp fall from $50K linked to stronger US dollar, gold correlation shows
The sell-off in the Bitcoin market, in particular, intensified due to excessively leveraged bullish bets. Go to Source Powered by WPeMatico
Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts
The declaration appears as Bitcoin pops back above $50,000, with its addition in a Gold-Bond portfolio outperforming the S&P 500 index. Go to Source Powered by WPeMatico
