What goes up must come down? Bitcoin investors may be asking themselves that question as the cryptocurrency fell sharply on Monday. The price of bitcoin BTCUSD, -7.48% was last down 13% to $35,600, according to prices quoted by CoinDesk. Losses were also seen on Sunday, when bitcoin tumbled from nearly $41,000 to just over $35,000, […]
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The long-desired Bitcoin exchanged traded-fund (ETF) could weaken the cryptocurrency’s price in the short-term but positively impact the market in the long-term JPMorgan analysts believe that the long-desired Bitcoin (BTC) ETF could positively impact Bitcoin’s price and the general cryptocurrency market in the long-term. However, the analysts also feel that the cryptocurrency’s price would suffer […]
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Since doubling in price in only 3 weeks Bitcoin is experiencing resistance above US$40,000 as whale activity increases before an 8% sell-off. Bitcoin sliding as low as US$35,476 with heavy volatility Bitcoin whales move US$500 million in Bitcoin, market drop follows Altcoin market largely down Bitcoin is currently trading at around US$38,493 (AUD$49,861) well down […]
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The price of bitcoin has rocketed since last October. Photo: Chesnot/Getty Images Britain’s financial watchdog has warned about the dangers of investing in cryptocurrency, days after bitcoin’s price soared to a new record highs. The Financial Conduct Authority (FCA) issued a statement on Monday warned people about the risks of putting their money into cryptoassets […]
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Bitcoin Bitcoin, BTC to USD, rallied by 15.8% in the week ending 10th January. Following on from a 25.6% breakout from the previous week, Bitcoin ended the week at $38,200. It was a bearish start to the week. Bitcoin fell to a Monday intraweek low $28,540.0 before making a move. Steering clear of the first […]
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A tipping point for Bitcoin? | Business| Economy and finance news from a German perspective | DW | 11.01.2021 Deutsche Welle
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TipRanks 3 Monster Growth Stocks That Could Reach New Highs Investors have a clear task ahead: find the stocks that will rise with an approaching bull market. Past performance, of course, is no guarantee of future gains, but the stocks that have achieved swift growth in recent months are a logical place to start looking […]
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Bitcoin and other digital coins tanked on Monday wiping off some $170 billion from the entire cryptocurrency market. Bitcoin, the largest cryptocurrency, fell over 11% from a day earlier to $35,828.06, at around 12:15 p.m. Singapore time. The sell-off in cryptocurrencies comes after a huge rally and perhaps signals some profit-taking from investors. GUANGZHOU, China […]
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8.03am GMT 08:03 FCA: Five reasons to be wary of cryptoassets The FCA says it has five concerns about investments which are offering the prospect of high returns from investing in cryptoassets: Consumer protection: Some investments advertising high returns based on cryptoassets may not be subject to regulation beyond anti-money laundering requirements. Price volatility: Significant […]
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First it went through $US20,000. Then 10 days later, it broke through $US25,000, and then, with barely taking a breath, it crossed $US30,000. Now only a few days into 2021, the price of bitcoin has crossed $US40,000. Nothing’s new with the digital currency in the month since it crossed $US20,000 — there’s been no major […]
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