Tag: Coindesk
Bitcoin Breaking Down, Support at $30K – CoinDesk
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Bitcoin Breaks Bullish Trendline; US Jobs Data Eyed – CoinDesk
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Bitcoin Plunges Most in 2 Months Amid Stock Market Sell-off – CoinDesk
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Bitcoin Dips Below $38K; Support at $30K-$32K – CoinDesk
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Crypto News Roundup for May 4, 2022 – CoinDesk
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. …Read the full story
Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease – CoinDesk
Still, during a press conference on Wednesday, Federal Reserve ChairJerome Powell stated that the U.S. An increase in trader sentiment would require a rise in BTC’s price, with a gradual increase in trading volume and volatility. BTC is outperforming alternative cryptos so far this year, but gave up some of its lead in the past […]
Bitcoin’s ‘Mayer Multiple’ Nears Point of Undervaluation Ahead of Fed – CoinDesk
Such a price structure has been relatively rare in bitcoin’s 11-year history, making the 0.80 reading on the Mayer Multiple a point of undervaluation. “We have mapped out a Mayer Multiple of 0.8 as a historical ‘undervaluation’ level. “Bear market floors of past cycles are typically hammered out in two phases relative to the 0.8xMM […]
Bitcoin Higher Ahead of FOMC Announcement – CoinDesk
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the […]
First Mover Asia: Bitcoin Minnows Are Resilient as Long-Term Whales Capitulate to Pressure
CRO and TRX each rose roughly 5% and ALGO jumped nearly 6% a day after announcing that it would become the official blockchain platform of FIFA, soccer’s world governing body. “The macro issues, whether it’s the Ukraine war, global supply chain issues and inflation that’s affecting every other country as far as leading the Fed […]
Market Wrap: Bitcoin Traders Take Some Profits Ahead of Fed Meeting; Expect Higher Volatility
The Fed is expected to hike rates by 50 basis points , which would be the first half point rise in 22 years. Many central banks outside of the U.S., particularly in emerging markets, have already started to raise interest rates. The Fed meeting could be a source of rising volatility, according to some analysts. […]
Bitcoin Stalls Below $40K Resistance; Support at $30K-$32K – CoinDesk
Momentum signals have weakened on daily, weekly and monthly charts, which increases the chance of a breakdown in price. Still, other technical indicators are neutral, which means intraday buying could be short-lived. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for […]
Bitcoin Diverges From Stocks as Fed Meeting Starts, Slips Toward $38K – CoinDesk
But the S&P 500 and Nasdaq were both in positive territory on Tuesday, as crypto markets appeared to suffer from negative sentiment. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set […]
Bitcoin Lethargic as May Starts, Though Month Could Prove Pivotal – CoinDesk
A repeat in 2022 would be welcomed by bitcoin bulls, especially after April’s 17% rout – the cryptocurrency’s worst monthly performance so far this year. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by […]
First Mover Americas: Bitcoin Loses Key Support During Ugly Weekend for Crypto Markets
The top cryptocurrency suffered its second straight weekly close under the Ichimoku Cloud support and the psychological level of $40,000. “If you told me you own all of the bitcoin in the world and you offered it to me for $25, I wouldn’t take it because what would I do with it? I’d have to […]
First Mover Americas: Bitcoin Loses Key Support During Ugly Weekend for Crypto Markets
The top cryptocurrency suffered its second straight weekly close under the Ichimoku Cloud support and the psychological level of $40,000. “If you told me you own all of the bitcoin in the world and you offered it to me for $25, I wouldn’t take it because what would I do with it? I’d have to […]
Bitcoin Immune to ‘Sell in May’ Adage, if History is Guide – CoinDesk
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the […]