Bitcoin price extended decline below the USD 56,500 support. However, BTC stayed above the USD 55,500 support. It is slowly recovering and is currently (11:30 UTC) facing resistance near 57,200. The main hurdle is still near USD 58,000. Besides, most major altcoins are trading above key supports. ETH spiked below USD 4,500, but it stayed…
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Investments in alternative assets such as cryptocurrencies account for over half of the portfolio of non-qualified Russian investors, a recently held survey has indicated. Almost half of them consider digital currencies like bitcoin as a potential hedge. Cryptocurrencies Outperform Traditional Currencies and Stocks in Russia Alternative investments like crypto, real estate, and antiques constitute more…
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After touching USD 59,000, bitcoin price failed to continue higher and dived below USD 56,000. It is currently (04:19 UTC) trying to recover towards USD 56,500. Besides, most major altcoins are also trying to recover losses. ETH is down 5% and there was a break below the USD 4,550 support zone. XRP is now trading…
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The second-largest cryptocurrency in terms of market capitalization, ethereum, has come awfully close to reaching the digital asset’s all-time high ($4,878) it reached 21 days ago on November 10. While bitcoin dominance has slid below the 40% zone, ethereum’s market dominance, or $557 billion market valuation, represents close to 20% of the crypto economy. Ethereum’s…
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Bitcoin price struggled to clear USD 58,500 and corrected lower. BTC is currently (11:59 UTC) declining and trading below USD 57,200. A close below USD 56,250 may perhaps spark a fresh bearish wave in the near term. Besides, most major altcoins are trading in a positive zone. ETH tested USD 4,780 before correcting a few…
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Bitcoin price made another attempt to gain strength above USD 58,500 but failed. BTC is currently (04:22 UTC) trading in a range above USD 57,000. To start a fresh surge, the price must gain momentum above USD 58,500…. Read More: Bitcoin Stuck in a Range, Ethereum Rallies, LUNA and STX Outperform Read more »Pay,…
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The company projects it can mine up to 25,000 BTC per year by 2024. In a filing with the United States Securities and Exchange Commission on Tuesday, special purpose acquisition company, or SPAC, Adit EdTech Acquisition Corp, announced it would merge with Cincinnati-based Bitcoin (BTC) miner Griid at a $3.3 billion enterprise valuation. SPACs are…
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For those who can afford it, the recent dips in Bitcoin price have been nothing more than an opportunity to buy the digital asset at a discounted price. This has certainly been the case for El Salvador and now MicroStrategy, as both these entities have moved swiftly to take advantage of the price dip to…
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Bitcoin price failed to retest the USD 60,000 resistance level. BTC started a downside correction and traded below USD 57,000. It is currently (11:51 UTC) moving higher towards USD 57,500. Besides, major altcoins are showing mixed results. ETH is still elevated, but it is facing an uphill task near USD 4,500. XRP failed to stay…
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Bitcoin price attempted an upside break towards the USD 60,000 level. However, BTC failed to gain strength above the USD 58,000 and USD 58,500 levels. It is currently (04:24 UTC) consolidating near USD 57,200. Besides, most major altcoins are gaining pace. ETH is up almost 3% and there was a break above the USD 4,400…
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