Bitcoin price sees firm rejection at $24.5K as traders doubt strength
$24,500 keeps control on hourly timeframes as gains for both Bitcoin and Ethereum are quickly extinguished. Go to Source Powered by WPeMatico
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Bitcoin price hits multi-day low as data warns of ‘overbought’ stocks
Major resistance levels enter for U.S. equities, bringing with them fresh headwinds for crypto as Bitcoin and Ethereum lose $24,000 and $2,000, respectively. Go to Source Powered by WPeMatico
Coin Center Says OFAC’s Tornado Cash Ban ‘Exceeds Statutory Authority,’ Plans to ‘Engage’ With US Watchdog
On August 15, the non-profit that focuses on policy issues facing crypto assets, Coin Center, published a blog post that says the organization is looking at the legality of the recent Tornado Cash sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). The post, published by Coin Center’s Jerry Brito and … Read more
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,900 as Markets React to Weakening Chinese Economy
Ethereum fell below $1,900 earlier today, as crypto markets continued to react to disappointing economic data from China. Figures for July showed that both retail sales and industrial production in China had grown by less than expected, heightening concerns of an upcoming global recession. Bitcoin also declined on Tuesday. Bitcoin Bitcoin (BTC) was once again … Read more
Brazil brokerage giant with 3.6M clients launches BTC and ETH trading
XP Inc has become the latest Brazilian fintech player to offer crypto trading services, following Nubank and MercadoLibre. Go to Source Powered by WPeMatico
Spending $276M in Ether — Colossal Ethereum Whale That Participated in the Genesis ICO Transfers 145,000 ETH
After three years of dormancy, a massive ethereum whale that participated in the project’s first token sale, also known as the Genesis initial coin offering (ICO), spent 145,000 ether worth just over $276 million using today’s ethereum exchange rates. Mega Ethereum Whale Distributes 145,000 Ether to 9 Different Addresses On August 14, 2022, onchain data … Read more
Price analysis 8/15: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin and altcoins met selling at key overhead resistance levels and investors are unsure whether traders will buy the current dip. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Lower, Following Brief Rally Above $25,000
Bitcoin was trading lower to start the week, after the token briefly rose above $25,000 during Sunday’s session. As of writing, the global cryptocurrency market cap is currently trading 2.85% lower. Ethereum also dropped lower on Monday, with prices moving away from a recent high above $2,000. Bitcoin After a brief stint above $25,000 over … Read more
Bitcoin Price Struggles to Hold Support as Trading Volume Rises
After a bullish rally last week and a weekend of sideways trading, Bitcoin price is struggling to hold the $24k support level this Monday as trading volume shows a substantial increase. Bitcoin is trading at $24,090, with a 24-hour trading volume increase of 50%. Ethereum’s price dipped below $1,900 this Monday, with its market cap … Read more
Buenos Aires to Run Ethereum Nodes by 2023
The city of Buenos Aires will deploy a number of Ethereum validator nodes in 2023. The statements were made by Diego Fernandez, secretary of Innovation and Digital Transformation of the city, who clarified this deployment will pursue exploratory and regulatory purposes and will help the city to develop regulations for cryptocurrencies. Buenos Aires to Deploy … Read more