Bitcoin Erases 38% of 2020 Price Rally as Bears Gain Strength
The stage looks set for a further drop to below $9,000, albeit after a minor bounce.
The stage looks set for a further drop to below $9,000, albeit after a minor bounce.
A recent report from Silicon Valley-based Anchain AI wonders out loud whether funds were purposely pilfered by insiders, challenging FCoin’s official line claiming a data error was to blame.
Bitcoin fights to rise above $10K while a new crypto bank rises in Wyoming. It's Markets Daily from CoinDesk.
The new listing makes inverse trackers widely accessible to European retail investors.
Bitcoin has formed a bearish head-and-shoulders pattern with neckline support at $9,400.
The digital currency exchange had unlawfully reversed seven trades after its system erroneously allowed a trader to sell ether at an inflated price, the court decided.
As U.S. stocks tumbled on Monday by the most in six months amid renewed coronavirus fears, bitcoin barely budged - at least in terms of the notoriously volatile cryptocurrency’s trading history.
Daily trading volume in bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME) dropped to year-to-date lows on Friday.
Bitcoin needs to break past the session high of $10,028 to revive the immediate bullish setup.
The exchange has opened a fiat gateway for Hong Kong dollars, serving a jurisdiction in which banking services for crypto firms are notoriously tough to find.
Could bullish comments on Reddit serve as a momentum indicator for bitcoin? That’s what a recent graphic by startup ChartStar suggests.
Bitcoin's daily money flow index has turned bearish for the first time since early January, supporting the case for further price losses.
For skeptics and traditional market investors, bitcoin is synonymous with extreme bouts of price volatility. However, in recent times, oil has become a relatively risky asset.
The crypto markets need more investors who come and go and who aren't solely crypto investors, says CoinDesk columnist Jeff Dorman.
Bitcoin took its biggest daily fall in three months on Wednesday, but prices remain in the bullish zone for now.
Bitcoin has dipped back below the psychological area of support near the $10,000 level amid a 20-minute sell-off.
Bitcoin’s price volatility spiked in January and could further increase over the near term because “whales” have begun accumulating coins.
The Binance exchange said an outage was due to system maintenance prompted by a problem with a data feed.
The Coinfloor exchange, which dropped ethereum to focus solely on bitcoin, is launching a simplified buying service for crypto newbies.
Bitcoin has crossed into bullish territory above $10,000 alongside gold's rally toward seven-year highs.
In his first column for CoinDesk, Preston Byrne responds to Hester Peirce's proposal for a token sale safe harbor.
While a long-term price indicator has flipped bullish, bitcoin is struggling to gather upside traction and looks vulnerable near the seven-week rising trendline support.
China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week.
The new ETH options will be tradable for just 24 hours before expiry.
Speculation clogs up blockchains, making them harder to use and ultimately less valuable, a working paper suggests.
Binance will soon launch a digital asset trading platform to power smaller exchanges in their local markets.
Sunday's "doji" candle weakened the case for a deeper price pullback, however, a positive follow-through is needed to confirm bull revival.
Demand for DeFi lending services built on ethereum shows a pattern of inverse relationship to the price of ETH. When ether prices are falling, the amount of ETH locked in DeFi tends to rise. Most recent data indicate the relationship operates the other way, too.
To the operators of high-speed computers used to mine for bitcoin, the halving looks more like a doubling — of costs.
Through the partnership the firms will launch a new futures trading platform in India, providing OKEx with a foothold in a high-potential market.