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Bitcoin price drops under $30K as 'moment of truth' arrives, says trader
27.1.2021
Bitcoin price action mimics recent lows but traders are all focused on GameStop and the power of crowd investment
XRP Drops Despite Positive Report, A Lawsuit Over USD 50 Loss Emerges
27.1.2021
It seems that the recent bullish remarks by Brad Garlinghouse, CEO of blockchain company focusing on the banking sector Ripple, didn't help XRP move higher as its price has since dropped. Meanwhile, a lawsuit against Ripple over a USD 48.56 loss has emerged.
At the time of writing (13:41 UTC),...
Bitcoin Drops, Dollar Bounces Ahead of Federal Reserve Rate Announcement
27.1.2021
Bitcoin would likely extend losses further if Fed Chairman Jerome Powell drops hints of a gradual unwinding of stimulus programs later today
Bitcoin Drops, Drags Ethereum and Altcoins Lower
26.1.2021
Bitcoin price gained momentum above the USD 33,500 resistance, but it failed to stay above USD 34,500. BTC started a fresh decline and traded below the USD 33,500 pivot level. It is currently (05:00 UTC) trading well below USD 32,400 and it remains at a risk of more downsides.
Also, bitcoin’s...
Premium on Grayscale’s GBTC Drops as Reports of New Trusts Emerge: Chinese Crypto Community Unhappy
23.1.2021
Following the recent bitcoin price pullback, the latest Skew data now indicates that the premium rate on Grayscale’s GBTC is under 10%. The lower rate comes just weeks after the premium peaked at 41% towards the end of December. The GBTC premium is a measure of the extent of differences...
Crypto Fear and Greed index drops to October 2020 levels
22.1.2021
The Crypto Fear and Greed index shows that the cryptocurrency market sentiment has just shifted from “Extreme Greed” to “Fear.”
Market Wrap: Bitcoin Drops Briefly Below $33.5K While Ether Calls Dominate Options
20.1.2021
Bitcoin fell by over $3,300 while options traders see ether going higher
Blockchain Bites: Crypto Market Cap Drops Below $1T as Dollar Gains
11.1.2021
Also: Bakkt will go public through a SPAC merger, JPMorgan weighs in on a bitcoin ETF and Dan Larimer is leaving EOS-incubator Block.one
The Reported Number of Stolen BTC Drops by 92% as ‘Bitcoin Security Appears to Be Improving’
6.1.2021
The number of stolen bitcoins that were publicly reported in 2020 dropped to 4,472 coins or 0.02% of the digital asset’s circulating supply. This new figure represents a 92% drop from the 56,870 reported in 2019. When using current bitcoin prices, the 2020 thefts caused losses that...
Grayscale Drops XRP From Large Cap Crypto Fund Following Ripple SEC Suit
5.1.2021
The digital asset manager announced that it ditched XRP on Dec. 31. No word on the fate of the Grayscale XRP Trust
The US Dollar’s Share of Global Reserve Currencies Drops as Japanese Yen’s Share Increases
5.1.2021
The U.S. dollar’s dominant position as the reserve currency of choice may be in peril, as its share of global currencies held in reserves continues to decline. International Monetary Fund (IMF) data shows, the dollar’s share of reserves dropped from 66% in Q3 of 2014 to just above...
Market Wrap: Bitcoin Briefly Drops Close to $28K as Ether Futures Heat Up
4.1.2021
Profit-taking helped lead bitcoin lower Monday while more investors are eyeing ether with great interest
Bitcoin Price Drops 17%, Large CME Futures Gap Filled, BTC Spot Markets Rebound
4.1.2021
On January 4, 2020, the price of bitcoin slid to the lowest point of the year dropping from Sunday’s high of $33,800 per unit to $27,734 a few minutes after 5 a.m. (EST). In fact, the price dip filled CME Group’s large futures gap after the regulated exchange has seen six consecutive...
Bitcoin Suddenly Drops 13% as Altcoins Continue to Rise
4.1.2021
Bitcoin is charting a typical bull market correction amid increased expectations for price volatility
Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only
1.1.2021
The prominent darknet marketplace, White House Market, has dropped bitcoin payments and now accepts monero only. The darknet marketplace administrators detailed that there was an issue with a payment processor blocking Tor exit nodes, but the full transition to monero was always planned. A number...
Coinbase announces it will suspend XRP trading as price drops another 10%
29.12.2020
Coinbase plans to suspend trading for the token on Jan. 19, but added it "may be halted earlier as needed."
Ethereum Rallies Above USD 700 While Bitcoin Consolidates and XRP Drops
28.12.2020
In the past few days, bitcoin remained in a positive zone above the USD 25,000 level. BTC even surged above USD 26,500, and traded to a new all-time high above USD 28,300 before correcting lower. The price is currently (05:00 UTC) consolidating near USD 27,000 and it could continue higher in...
Crypto Markets Rebound, BTC Taps Another All-Time High, Bitstamp Drops XRP for US Customers
25.12.2020
The price of bitcoin and a myriad of digital currencies have seen some significant gains on Christmas day. Bitcoin touched another all-time price high at $24,662 per coin, while many other crypto assets rebounded from the previous day’s slump. On December 25, 2020, bitcoin (BTC) touched...
Bitcoin Keeps Failing Near USD 24K, XRP Drops Even More
24.12.2020
Bitcoin topped near the USD 24,000 resistance zone and started a fresh decline. The price traded below the USD 23,200 support level and is currently (05:00 UTC) struggling to recover.
Similarly, most major altcoins are gaining bearish momentum, including ethereum, XRP, EOS, XLM, LINK, BNB,...
Bitcoin price drops to $23K in minutes despite huge new Grayscale buy-in
23.12.2020
Grayscale adds 50% of miners' monthly block reward tally in a single day but price action stays decidedly weak