There’s absolutely no substance behind this rally. Last year certainly qualifies as one of the most volatile in stock market history. Investors navigated their way through the widely followed S&P 500 losing over a third of its value in about a month. They also enjoyed a bounce-back rally for the ages, with the S&P 500 […]
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LONDON: Bitcoin doesn’t sleep. On the first sluggish Saturday of 2021, Jan. 2, many people were still nursing New Year hangovers. But there was no breather for bitcoin, which powered past US$30,000 for the first time. Advertisement Advertisement Its 10per cent single-day jump was one of several weekend and public holiday price surges that helped […]
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By Tom Wilson, Anna Irrera LONDON (Reuters) – Bitcoin doesn’t sleep. FILE PHOTO: A representation of virtual currency Bitcoin and U.S. One Dollar banknote are seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic On the first sluggish Saturday of 2021, Jan. 2, many people were still nursing […]
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By Tom Wilson and Anna Irrera LONDON (Reuters) – Bitcoin doesn’t sleep. On the first sluggish Saturday of 2021, Jan. 2, many people were still nursing New Year hangovers. But there was no breather for bitcoin, which powered past $30,000 for the first time. Its 10% single-day jump was one of several weekend and public […]
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Steering clear of the first major support level at $27,594, Bitcoin surged to a Friday intraweek high and a new swing hi $41,969.0. Bitcoin broke through the first major resistance level at $36,608 and the second major resistance level at $36,608 on the way to a new all-time high. A bearish end to the week, […]
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So far, at least, bitcoin hasn’t established itself as a great equalizer in an unbalanced financial system: Men, young adults and urban residents are more likely than women, older Americans and those living in suburban and rural communities to be familiar with the cryptocurrency, according to new Morning Consult data. Overall, bitcoin is not well-known […]
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A visual representation of the cryptocurrency Bitcoin on November 20, 2018 in London, England. Jordan Mansfield | Getty Images News | Getty Images GUANGZHOU, China — Bitcoin and other digital coins tanked on Monday wiping off some $170 billion from the entire cryptocurrency market. The market capitalization or value of the cryptocurrency market was $959.53 […]
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Cryptocurrencies plunged on Monday, with bitcoin dropping more than 12% to a one-week low as rising US bond yields lifted the dollar broadly and hurt other safe assets that pay no income. Bitcoin fell as far as $33,447, its lowest since Jan. 6. Ethereum which often moves in tandem with bitcoin, fell as much as […]
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According to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administration have made crypto proponents believe that bitcoin will prosper greatly. Biden Proposes to Finance Covid-19 Relief and Infrastructure With $3 Trillion Ever since the […]
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* Bitcoin hits one-week low of $33,447; Ethereum -20% * Falls come as rising U.S. yields lift dollar (Updates with latest prices, analyst quote and background) SINGAPORE, Jan 11 (Reuters) – Cryptocurrencies plunged on Monday, with bitcoin dropping more than 12% to a one-week low as rising U.S. bond yields lifted the dollar broadly and […]
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