Bitcoin broke below short-term support around $50,000 during Asia hours. The leader in blockchain news, 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
Bitcoin broke below short-term support around $50,000 during Asia hours. The leader in blockchain news, 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
Bitcoin has slumped more than 8%, over a 24-hour period, a drop attributed to U.S. Biden’s proposed treatment of gains in equities as income, which proposes a rate of up to 39.6% instead of the current 23.8%, has had “a shock effect in all markets,” BCB Group CEO Oliver von Landsberg-Sadie told CoinDesk via private […]
At around 17:00 UTC on Thursday, bitcoin‘s price fell from around $54,900 to $51,500 before the markets inflicted another sell-off to $48,300, according to Bitstamp exchange data. Other cryptocurrencies are also experiencing sharp sells with XRP and ether both down 13% and 7% respectively, while binance coin is down 5.8%. The leader in blockchain news, […]
Pankaj Balani, CEO of crypto derivatives venue Delta Exchange, notes that when looking at a larger trading chart time frame the outlook is starting to look bearish for bitcoin. Bitcoin’s 30-day annualized volatility, as measured by CoinDesk Research, was at 48.9% on April 21, a long slow fall from 2021’s high of 112.8% 30-day volatility […]
Pankaj Balani, CEO of crypto derivatives venue Delta Exchange, notes that when looking at a larger trading chart time frame the outlook is starting to look bearish for bitcoin. Bitcoin’s 30-day annualized volatility, as measured by CoinDesk Research, was at 48.9% on April 21, a long slow fall from 2021’s high of 112.8% 30-day volatility […]
Managed by FS Investments with NYDIG custodying the bitcoin, the fund is one of two new bitcoin investment vehicles offered by newly bullish Morgan Stanley. They must have at least $2 million in net worth and they must pay an upfront placement fee of 3% for bitcoin investments under $250,000, according to offering documents obtained […]
The damage to the environment is also considerable with an estimated 63 million tons of carbon dioxide released every year, added Larsen. The leader in blockchain news, 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
The cryptocurrency is now below the 50-day moving average as upside momentum continues to slow. The leader in blockchain news, 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
In the past few days, the cost to fund long positions in the market for bitcoin perpetual swaps, a type of derivative in the cryptocurrency markets similar to futures contracts in traditional markets, declined into negative territory, which typically precede spot price recoveries. The leader in blockchain news, CoinDesk is a media outlet that strives […]
But as Du Jun, co-founder of another popular crypto exchange, Huobi, warned, there are risks around the beloved meme token. Despite the growing interest from new investors, DOGE holders are still highly concentrated within the top 10 addresses, which counts about 41.35% of all circulating dogecoin. The leader in blockchain news, CoinDesk is a media […]
In the derivatives market, open interest in ether’s options market rose to a record $3.3 billion Wednesday. The leader in blockchain news, 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
Bitcoin is taking a breather after breaking out to a fresh all-time high, and the cryptocurrency is now trading above $64,000 for the first time. The leader in blockchain news, 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
Sellers remained active during Asia hours as bitcoin trades below its 50-period volume-weighted moving average on the four-hour chart. The leader in blockchain news, 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