The cryptocurrency markets continue to show green candlesticks, while Bitcoin recovers to the $8,200 price mark. Monday, Oct. 7 — Bitcoin (BTC) continues its rebound together with most of the other cryptocurrencies, with notable gainers Chainlink (LINK) and Tron (TRX) breaking 10% gains on the day. Cryptocurrency market daily overview. Source: Coin360 The world’s most popular…
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The Wyckoff chart and other key indicators suggest that crypto investors are accumulating Bitcoin even if it retains a bearish bias. Bitcoin (BTC) closed the week with a selloff, pushing price below the $8k handle and printing a close down 2.5% for the week as a whole. Despite an ominous close to the bottom of…
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Crypto markets are seeing notable upward movement with Bitcoin breaking back above the $8,000 level. Monday, Oct. 7 — Crypto markets are seeing notable upward movement, with Bitcoin (BTC) breaking back above $8,000. While a few of the top 20 coins report losses at press time, XRP is seeing a sharp growth of over 8%.…
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Stablecoins backed by fiat money — what is their goal and which ones do investors prefer and for what uses? Stablecoins attempt to be fiat currencies among cryptos. They can be a medium of exchange, a means of storing value and a unit of account. Unlike other digital coins, stablecoins are tied to some kind…
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Major cryptocurrencies are incurring losses on the day as Bitcoin slips lower below $8,000 to trade near $7,800. Sunday, Oct. 6 — Cryptocurrency markets are slipping downward today, with Bitcoin (BTC) trading under $8,000 and altcoins seeing notable losses on the day. Market visualization courtesy of Coin360 After slipping below the $8,000 price point, Bitcoin…
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Several Brazilian cryptocurrency firms are under investigation in Cointelegraph’s weekly digest of news from the country. Brazil saw another week of reports on alleged cryptocurrency scams as the Sao Paulo Court ordered to block the assets managed by Unick Forex, while another firm was reported of promising 400% returns through a cryptocurrency investment scheme. Here…
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Bitcoin Price Continues to Fall as $7,120 Looks like Critical Support to Stave off Bear Market 2.0 This week isn’t looking good for Bitcoin (BTC) as the price continues to decline after reaching a high of $8,540 on Oct. 1 down to $7,870 on Oct. 6. This continued decline was anticipated in last week’s analysis,…
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Cointelegraph travelled to South Korea to meet a new generation of crypto entrepreneurs. In the last few decades, South Korea has been among the fastest developing countries in the world. It is currently the planet’s third-largest crypto economy, after the United States and Japan. Cointelegraph traveled to Korea to meet a new generation of crypto…
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PayPal pulls out of the Libra Association, crypto markets fail to recover, and Mark Cuban says he’d rather have bananas than BTC. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more…
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Bitcoin price needs to climb above $8,200 soon or bears could step in to push the price down to $7,800 and below. Weekly crypto market data. Source: Coin360 As the weekly close approaches Bitcoin remains pinned in the $8,300 to $7,800 range. For the past few days, the digital asset has made lower daily…
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