Market Wrap: Bitcoin Stalls After Short-Squeeze Rally
Technical data suggests lower support around $34,000 could stabilize the current pullback.
Technical data suggests lower support around $34,000 could stabilize the current pullback.
From questions surrounding Tether's USDT to Circle's plan to go public, here is your guide to why everyone is suddenly talking about stablecoins.
The recent spike in trading volume could signal that when there’s a market move, interest and activity quickly return.
El dato supera a lo registrado en 2020, a pesar de que quedan cinco meses para que finalice el año, según datos de Coin ATM Radar.
En la presentación de sus resultados, la compañía informó que no vendió las participaciones que posee en la criptomoneda.
El exchange de criptomonedas lo impuso para nuevos usuarios y lo extenderá gradualmente a todos sus clientes.
The short-term put-call skews have pulled back due to a flurry of call buying.
The firm intends to list its Class A common stock on the Nasdaq Global Market under the ticker SDIG.
Bitcoin is in pullback mode with lower support near $32K-34K.
Deep negative real returns on bonds tend to boost the attractiveness of other assets.
Cryptocurrency market makers say they're fielding inquiries about how to bet on a falling price for the dollar-pegged stablecoin USDT.
The strong bounce in bitcoin over the weekend occurred as shorts covered positions.
Market analysts say Monday's price gains accelerated amid a short squeeze.
According to one analyst, some $1 billion in trading positions were liquidated as prices surged.
Unlike past scares, Monday’s report of a Department of Justice investigation hasn’t shaken traders’ faith in the stablecoin.
Monday's bitcoin rally could encourage digital-asset inflows because many investors have been on the sidelines since the sell-off in May.
The price of bitcoin cash and ether also rose in the past 24 hours.
Upside momentum is improving after several months of consolidation.
The gap over the spot market price widened to more than $8,000.
Plus: The risks and rewards of Ethereum Improvement Proposal (EIP) 1559.
"It's time, we think, to move on from it," CEO Sam Bankman-Fried said in a tweet.
Bitcoin sellers are expected to cover positions, which could lead to higher prices next week.
Latest exploit cost the blockchain protocol $8 million.
The Axie Infinity platform's revenue could exceed $1 billion this year, based on a Delphi Digital projection.
Some DeFi projects on Tron apparently have quietly beaten their peers on Polygon and Ethereum.
Bitcoin is holding onto gains above $30K.
Options traders are pricing an 8% chance of the cryptocurrency rising to a new peak above $64,800 by Dec. 31.
A theory about how NFT sales are sinking ether's price emerges in a dull market.
Bitcoin is holding up following a strong bounce from $30,000 support.
The decline comes as the price of bitcoin fell below the $30,000 threshold.
