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Bitcoin showing signs of calm before inflation data due this week
???? BTC | $32,949 (-1,169, -3.4%) ???? ETH | $2,024 (-103, -4.8%) ???? XRP | $0.628 (-0.004, -0.7%) ???? LTC | $133 (+0, +0.1%) US CPI data (consumer prices) is due later today. Bitcoin is trading lower ahead of the data release, while spot gold prices have risen slightly. Bitcoin may be setting up for […]
Bitcoin consolidating lower as list of notable institutional developments continue
???? BTC | $34,157 (+567, +1.7%) ???? ETH | $2,131 (+16, +1.1%) ???? XRP | $0.64 (+0.01, +1.8%) ???? LTC | $132 (+0.0, +0.0%) Crypto sentiment in South Korea remains cautious thanks to earlier regulatory action, although one of the largest banking groups (Woori Financial) has just announced joint plans with exchange Coinplug to offer […]
Bitcoin falls as US regulators seen as tightening the screws on cryptocurrencies
???? BTC | $34,157 (+567, +1.7%) ???? ETH | $2,131 (+16, +1.1%) ???? XRP | $0.64 (+0.01, +1.8%) ???? LTC | $132 (+0.0, +0.0%) Crypto sentiment in South Korea remains cautious thanks to earlier regulatory action, although one of the largest banking groups (Woori Financial) has just announced joint plans with exchange Coinplug to offer […]
Ethereum expected to outperform Bitcoin as BTC dominance falls
???? BTC | $33,220 (-852, -2.5%) ???? ETH | $2,276 (-27, -1.2%) ???? XRP | $0.63 (-0.03, -4.4%) ???? LTC | $134 (-4, -3.2%) Binance CEO Changpeng Zhao has issued an open letter in response to recent regulatory woes, highlighting the company’s recent regulation-led upgrades such as restrictions on insider trading, and called heightened regulations […]
Many looking to upcoming Ethereum update as Bitcoin continues consolidation
???? BTC | $34,258 (+326, +1.0%) ???? ETH | $2,325 (+111, +5.0%) ???? XRP | $0.67 (+0.001, +1.5%) ???? LTC | $139 (+1, +0.4%) Funding and withdrawing from Binance accounts in Europe just got a little bit harder, with the exchange suddenly suspending all Single Euro Payments Area (SEPA) deposits. This follows Barclays bank in […]
Bitcoin bear market continues but crypto market cap has quietly risen $330M in value in two weeks
???? BTC | $34,080 (-912, -2.6%) ???? ETH | $2,318 (-96, -4.1%) ???? XRP | $0.66 (-0.04, -5.3%) ???? LTC | $139 (-5, -3.4%) Binance may have shrugged off the UK ban, but pressure is undoubtedly mounting. Barclays customers in the UK can no longer transfer funds to the crypto exchange. Miners have also been […]
Bitcoin rises as mining difficulty plummets
???? BTC | $34,957 (+366, +1.0%) ???? ETH | $2,318 (+103, +4.6%) ???? XRP | $0.69 (+0.02, +3.3%) ???? LTC | $143 (+4, +3.1%) A roundup of regulatory stances against Binance – the largest crypto exchange in the world, reveals that there has now been some recent action or negative mention from regulators in the […]
Bitcoin plunge continues to trigger bullish signals in spite of market’s bearish mood
???? BTC | $33,719 (-1,060, -3.0%) ???? ETH | $2,125 (-124, -5.5%) ???? XRP | $0.66 (-0.03, -4.5%) ???? LTC | $138 (-5, -3.5%) The number of active Bitcoin addresses has now sharply declined to around when this bull run started – April 2020. A fall in active addresses typically precedes bearish price action, as […]
Crypto market remains rangebound as Bitcoin rally remains trapped below $40K resistance
???? BTC | $34,794 (-1,222, -3.4%) ???? ETH | $2,246 (+69, +3.2%) ???? XRP | $0.69 (-0.02, -2.5%) ???? LTC | $142 (-3, -2.2%) In line with rising Bitcoin Dominance (Bitcoin market cap vs altcoin market cap ratio), Bitcoin made smaller losses than most other large-cap altcoins in June (-3%). Ethereum (-18%), Litecoin (-22%), and […]
Crypto market rises, tracking risk-on rally in equities
???? BTC | $36,084 (+1,228, +3.5%) ???? ETH | $2,175 (+53, +6.7%) ???? XRP | $0.71 (+0.05, 8.2%) ???? LTC | $146 (+4, +2.7%) While total transaction volume on Ethereum has dropped from all-time highs, the number of unique active addresses on Ethereum has now surpassed that of Bitcoin for the first time ever (data […]
