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China's Currency Woes to Weigh on Bitcoin: Crypto Observer
22.1.2024
Measures taken by the People's Bank of China to cushion yuan against the stock market slide could weigh over bitcoin's price
Ethereum Technical Analysis: Bearish Trends Dominate Across Multiple Timeframes
22.1.2024
Similarly to bitcoin’s action, the second largest crypto asset by market cap, ethereum, has seen some market turmoil and a distinct downtrend. As of Jan. 22, 2024, ether has shown a notable decrease, registering a 3.3% drop in 24 hours and a 5.7% decline over the past week. Ethereum...
Bitcoin Technical Analysis: BTC Navigates Through Bearish Currents
22.1.2024
With market capitalization standing at $798 billion and a 24-hour trade volume of $16.58 billion, bitcoin’s current state remains consolidated just above the $41K zone. As bitcoin hovers around $41,088, a meticulous analysis of its 1-hour, 4-hour, and daily chart unveils a predominantly...
First Mover Americas: Solana, Cardano Lead Losses as Market Starts Week in the Red
22.1.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Solana (SOL), Cardano (ADA) Lead Crypto Market Lower as Traders Grapple With BTC Headwinds
22.1.2024
CoinDesk 20, a liquid index of the highest traded tokens, slumped 2.86% in the past 24 hours
Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs
22.1.2024
Observers said BITO will remain an integral part of the market as a hedging instrument for authorized participants associated with the recently launched spot ETFs
Dogecoin, Floki Bullish Bets Rise on X Payments Speculation
22.1.2024
The dog-themed tokens have a tendency to move on any payments-related development at X (formerly Twitter)
JPMorgan Warns of Incoming Bitcoin Selloff With Anticipated $3 Billion Grayscale Outflow
22.1.2024
Global investment bank JPMorgan has warned of additional outflow from Grayscale’s bitcoin fund, cautioning that it will put “further pressure on bitcoin prices over the coming weeks.” The bank’s analyst also explained that the $3 billion inflow into new spot bitcoin...
South African Fintech Startup Ukheshe Acquires 100% Stake in EFT Corporation
21.1.2024
South African fintech startup Ukheshe recently announced that it has acquired a 100% stake in EFT Corporation, an Africa-focused payment services provider. According to the startup, the acquisition takes Ukheshe closer to its stated goal of attaining a larger footprint in Africa and beyond. Access...
Mad Money Host Jim Cramer Sees ‘Nasty Beginning to Bitcoin Selloff’
21.1.2024
Jim Cramer, the host of CNBC’s Mad Money show, has warned of a bitcoin selloff. While cautioning investors about investing in bitcoin and the newly launched spot bitcoin exchange-traded funds (ETFs), he said: “I’m not as stridently against these new investment vehicles as Gary...
Weekly NFT Sales Dip — Ethereum Outshines Bitcoin, Solana and Avalanche Record Gains
20.1.2024
The latest statistics indicate a further decline in non-fungible token (NFT) sales this week, showing a 5.05% decrease compared to the previous week. Sales of NFTs reached $297 million, with Ethereum leading the way this week. Ethereum’s sales amounted to $106 million, overtaking...
He Exposed Harvard President's Plagiarism, Then Lost Money Betting on the Story
20.1.2024
Are prediction markets the future of investigative journalism? Maybe, says Chris Brunet, whose reporting led to Claudine Gay's resignation – though he's yet to profit from his scoops
Top Crypto Gainers Today on DEXTools – $SAVM, $SHEPE, $SATOSHI
20.1.2024
Top Crypto Gainers Today on DEXTools $SAVM, $SHEPE and $SATOSHI are some of the top small-cap crypto gainers today on DEXTools, while blue-chip cryptocurrency markets struggle amid elevated sell pressure. Small-cap cryptocurrencies almost always take the mantle for the top crypto gainers each day....
Bitcoin Could See a “Nice Slug” of Gold’s Trillion-Dollar Asset Value, Cathie Wood Says
19.1.2024
ARK Investment Management CEO Cathie Wood believes Bitcoin (BTC) could soon be nearly as valuable as gold, according to a recent interview she conducted with Brazilian financial markets information firm, InfoMoney. As good as gold? “Gold is a trillion-dollar asset out there, and we do believe...
Immediate Innovault Review – Scam or Legitimate Trading Software
19.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Traders frequently cease trading due to substantial losses resulting from a lack of education in financial markets. Immediate Innovault purports to address this issue, serving as a platform...
Bitcoin Technical Analysis: Navigating BTC’s Ups and Downs as Price Teeters Above $41K
19.1.2024
On Thursday, bitcoin experienced a decline, reaching a low of $40,600, and has since been hovering slightly above the $41,000 mark. The cryptocurrency world is abuzz with speculation about the duration of this downturn, especially as the excitement surrounding the spot bitcoin exchange-traded fund...
Bullish Bitcoin Bets Rise as Implied Volatility Slides
19.1.2024
Some traders bought bitcoin calls at strikes $45,000 and $46,000 during Thursday's U.S. trading hours, according to over-the-counter institutional cryptocurrency trading network Paradigm
First Mover Americas: Bitcoin Slips Over 15% Since ETF Approval
19.1.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
No More Than 50% Chance of Spot Ether ETF Approval By May, JPMorgan Says
19.1.2024
Lawsuits against crypto exchanges offering staking services for proof-of-stake blockchains, including Ethereum, make approval of a spot ether ETF more challenging until these cases are resolved, the investment bank said
ARK Continues to Shuffle Out of BITO, Buys $15M of its Own ETF
19.1.2024
Cathie Wood’s investment fund continues to double down on its recently listed spot bitcoin ETF