Bitcoin

Cryptocurrencies – especially bitcoin – are trading volatile tracking feeble global equities after recession fears in major economies sparked. The US Fed’s aggressive approach to tame inflation at the cost of economic growth further dampened the mood. Fed has hiked the rate by another 75 basis points.  Meanwhile, Wall-Street and European stocks slipped sharply last […]

The bitcoin and cryptocurrency market has crashed this year, falling sharply after rocketing to around $3 trillion late last year.  The bitcoin price has crashed under $20,000 per bitcoin, dropping from almost $70,000. This happened as the market wrestles with the Federal Reserve’s string of interest rate hikes that could mean more volatility. Will Bitcoin […]

Bitcoin starts a pivotal week on firm footing as the bullish drive hits hard. The bull seems to be wiping weeks of losses.  After managing to close its latest weekly candle at $21,800 it is back on the radar as a long-bet.  The end to an extended period of downside with slight price action now […]

Bitcoin has shed more than 5% of its value in the last 24 hours, according to crypto data aggregator CoinMarketCap. Yesterday, the largest cryptocurrency by market cap fell below the $19,000 threshold for the first time since July 4. Broadly speaking, Bitcoin has dropped 7% over the past seven days. This is happening with more […]

Several key cryptocurrencies fell dramatically Sunday evening as traditional markets dropped into a new trading week. Bitcoin (BTC), Ethereum (ETH), XRP, Cardano (ADA), Solana, and meme coin Dogecoin (DOGE) all saw values fall sharply. This occurred within a two-hour window as the sun set on the U.S. East Coast. There were many logging drops of […]

It was a very red week for crypto, with most leading cryptocurrencies depreciating  over the seven days as heavyweights like Bitcoin and Ethereum posted double-digit percentage losses by the weekend.  Bitcoin is currently down 13% and sells for $21,309, according to data from CoinMarketCap. Ethereum, the world’s second largest cryptocurrency by market capitalization, tumbled almost […]

Just before we start talking about Bitcoin, let’s look at its younger brother, Ether. Ether surpassed $2,000 on Saturday. This is happening for the first time since May 31st.  Experts think that the surge in price is as a result of the optimism surrounding an upgrade. Ethereum blockchain, from which Ether stems from, intends to […]

Despite thin trading over the weekend, the crypto market was able to hold its gains today. Bitcoin Investors seemed mostly recovered from Friday’s surprisingly strong jobs reports.  However, were capped . investors will certainly be eyeing Coinbase’s earnings report. All the top crypto tokens have been trading with decent gains today, 8th August 2022. Other […]

Despite the panic last week over Tesla announcing that it sold 75% of its Bitcoin, the company reports holding $222 million worth of “digital assets” on its balance sheet as of the end of June. The new details were in the company’s quarterly report, which it filed with the U.S. Securities and Exchange Commission on […]