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Bitcoin drops below $36K as century-old financial model predicts big BTC crash
5.6.2021
A push to $40,000-$42,000 won't protect Bitcoin from risks of undergoing a major price decline later, suggests a century-old price prediction model created by technical analyst titan Richard Wyckoff
Bitcoin Drops On Musk’s Ambiguous Tweet, DOGE Ignores Coinbase News
4.6.2021
Bitcoin price climbed above the USD 38,000 resistance zone. BTC even broke USD 39,000, but it failed to even test USD 40,000. There was a fresh downside correction and the price is currently (04:40 UTC) consolidating near USD 38,000.
Besides, most major altcoins also corrected gains. ETH topped...
Opulous to Launch Exclusive Music NFT Drops in Collaboration With Binance
2.6.2021
What is Opulous? Opulous is a popular DeFi application for musicians, founded by Ditto Music’s CEO, Lee Parsons. Opulous offers artists to convert their music to NFTs, making them tradable. They can sell these to investors and also earn monthly income through royalties. Opulous provides credit...
Bearish signals grow as Bitcoin price drops to $35K and traders ignore the dip
28.5.2021
Bitcoin price hangs slightly above $35,000 while traders simply watch the dip from the sidelines
Sega's Tokyo Olympics 2020 Game (The One Without Mario And Sonic) Drops Next Month
26.5.2021
With the real games delayed until July of this year due to covid-19, Sega’s had plenty of time to cobble together Olympic Games Tokyo 2020 – The Official Video Game, coming June 22 to PC, consoles, and Stadia. It’s a collection of 18 sports you can play with your own goofy-looking, costume-sporting...
Crypto Market Sentiment Drops Further; Bitcoin Deep In the Neutral Zone
24.5.2021
Source: iStock/da-kuk
As the crypto market has corrected sharply, the market sentiment has seen a notable drop for the second week in a row - and it dropped out of the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins fell from 6.21 recorded last...
US Dollar Drops to a Three-Year Low, Greenback Could Dip 10% Lower, Fed Still Not Ready to Taper QE
20.5.2021
America’s currency has been flirting with lows again, as the U.S. Dollar Index (DXY) dropped to a low of 89 on Tuesday and the following Thursday. This is the third time since April 2018, the DXY has been this weak, and some analysts think the currency could drop even lower. US Dollar...
Survey: Crypto Traders Predict Ethereum’s ROI to ‘Crush’ Bitcoin’s 2021 Year-End Return
19.5.2021
Bitcoin and a slew of digital assets have seen massive drops in value during the last few days, while the top two leading crypto assets bitcoin and ethereum have been battling for market supremacy. This week, bitcoin’s towering dominance over the crypto economy has dropped to a three-year...
Bitcoin Drops Below $40K, Crypto Economy Down 17%, Markets Lost $250 Billion Last Week
19.5.2021
On Wednesday, cryptocurrency markets continue to drop lower in value, as the entire crypto-economy has plunged 17% below the $2 trillion mark and now rests at $1.801 trillion. Bitcoin, the leading cryptocurrency in terms of market capitalization, touched a high of $40,770 per unit at 4:48 a.m....
Bitcoin Dominance Dips to 40%, Top Ten Cryptos Siphon BTC’s Market Supremacy
17.5.2021
The crypto economy has dropped significantly in value during the last few days tapping a low of $2.06 trillion on Monday. Additionally, the leading crypto asset bitcoin has seen its market dominance drop to 40% of the crypto economy’s overall valuation. Bitcoin’s dominance index...
As Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains
15.5.2021
Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days. Although, not all the coins in the crypto economy are doing badly, as coins that do not leverage proof-of-work (PoW) consensus algorithms have...
Data shows the ‘Bitcoin price drops ahead of CME expiries’ claim is a myth
15.5.2021
Many traders believe the narrative that Bitcoin price drops ahead of CME BTC futures expiries, but data shows the trend is all bark and no bite
'Fear' grips Bitcoin as crypto market sentiment drops to lowest levels since April 2020
14.5.2021
Trader sentiment is verging on "extreme fear," the Index shows amid echoes of the climate after the March 2020 cross-asset crash
Bitcoin drops to $46K, altcoins sell-off as report claims Binance is under investigation
13.5.2021
News that Binance could be under investigation by the US Justice Department and IRS triggered a market-wide sell-off which saw Bitcoin price drop to $46,000
Bitcoin loses 6% in an hour after Tesla drops payments over carbon concerns
13.5.2021
Bitcoin has shed nearly 6% in an hour after Tesla suspended its support for payments in BTC
US Dollar Share of Global Foreign Exchange Reserves Drops to 25-Year Low
6.5.2021
Serkan Arslanalp is Deputy Division Chief in the Balance of Payments Division of the International Monetary Fund (IMF)’s Statistics Department. Chima Simpson-Bell is an Economist in the same department.
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The share of US dollar reserves held by central banks fell to 59%—its lowest level in...
Dole x David Datuna NFT Collection for Charity Drops Today
6.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Merging the worlds of digital and physical art, The Dole Sunshine Company and “Hungry Artist” David Datuna teamed up to create and auction an NFT (non-fungible token) collection to raise awareness and funds...
Bitcoin Dominance In Payments Drops Amid Dogecoin, Altcoins Surge - BitPay
27.4.2021
Major crypto payment processor BitPay has reported the share of bitcoin (BTC) in their payments was the lowest last week, as altcoins such as dogecoin (DOGE), have been gaining traction, according to Sonny Singh, the company’s Chief Commercial Officer (CCO).
“BitPay processes over a billion dollars...
Bitcoin Dips Below USD 50K, Ethereum Drops, USD 3.5B Liquidated
23.4.2021
Bitcoin price struggled to clear the USD 55,500 resistance and it started a fresh decline. BTC declined below the USD 53,200 and USD 52,000 support levels. It even spiked below USD 50,000 and it is currently (04:30 UTC) correcting losses.
Similarly, most major altcoins declined heavily. ETH traded...
Bitcoin Hashrate Drops Over 45%, Xinjiang Grid Blackouts Blamed, BTC Price Slides 10%
18.4.2021
Since April 15, the Bitcoin network hashrate has dropped more than 49% after touching an all-time high at 218 exahash per second. Regional reports noted that in China the Xinjiang grid is having blackouts and “safety inspections.” Reports Claim Blackouts in Xinjiang, China Have Pushed...