Bitcoin price found a strong buying interest after Tesla’s chief Elon Musk agreed to buy social media giant Twitter for USD 44bn. This deal is still subject to a shareholder vote, while some expect Musk will own the company in the coming days. In either case, BTC gained pace and was able to clear…
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Bitcoin price remained in a bearish zone below the USD 40,000 level and extended its decline below USD USD 38,800 and tested USD 38,400. It is currently (11:49 UTC) trading near USD 38,800 again and is down 2% in a day and 3% in a week…. Read More: Bitcoin and Ethereum Test New Lows,…
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Both ETH and BTC fell close to five-week lows to start the week, as losses in crypto markets extended on Monday. Following bearish pressure over the weekend, BTC started the week trading below $39,000, while ETH was under $2,900. Bitcoin Bitcoin started the week trading in the red for a fifth consecutive session, as prices…
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Blockchain data analytics firm Chainalysis has found that the total cryptocurrency gains worldwide amounted to $163 billion in 2021, which was 5x the previous year or a 400% increase. Chainalysis on Crypto Gains Worldwide Blockchain analysis firm Chainalysis published a blog post last week titled “2021 Cryptocurrency Gains by Country: Ethereum Leads as Gains Skyrocket…
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Bitcoin price failed to recover above the USD 40,500 resistance zone and started a fresh decline below USD 40,000. It is currently (04:10 UTC) showing bearish signs near USD 39,250 and might extend losses below the USD 38,800 support zone. BTC is down almost 2% in a day and over 1% in a week….…
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Former Twitter CEO Jack Dorsey ponders Ethereum’s “single points of failure” and whether one man should be able to control an entire social media network, while Bitcoin.com News gives you the latest scoop in the world of ETH and BTC mining rigs. To top it all off, one economist predicts that the U.S. central bank’s…
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Bitcoin fell below $40,000 to start the weekend, as crypto markets continued to be submerged by the latest red wave. ETH was also lower on Saturday, and remained in the red for a second consecutive session. Bitcoin BTC dropped below the $40,000 level to start the weekend, following a three-day losing streak which has pushed…
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On Friday, users leveraging the Web3 wallet Metamask complained about service outages after Infura, Metamask’s default endpoint suffered from a “major outage.” The wallet company addressed the situation and explained the problems were due to Infura combating an outage. Metamask Users Deal With Connection Issues After Infura Suffers From Service Disruption One of the most…
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Following recent back-to-back surges in price, both ETH and BTC were down during Friday’s session. Bitcoin fell by almost 5% today, while ETH was down by a similar figure, with both retreating back towards levels of support. Bitcoin After a strong rebound in prices mid-week, the world’s largest cryptocurrency was trading lower on Friday, as…
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Bitcoin price started a fresh decline below the USD 41,200 support zone and spiked below the USD 40,000 support before recovering. It is currently (11:49 UTC) consolidating near the USD 40,500 level. BTC is down almost 5% in a day, trimming its weekly gains to 1%. Similarly, most major altcoins are holding downtrend support.…
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