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Bitcoin (BTC) sought to pass $27,000 on May 13 after a “scam wick” produced new two-month lows.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewTraders: BTC price must retain $26,500Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it recovered from a flash dip to $25,800 on Bitstamp.The pair saw weakness
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coral, a crypto infrastructure company, has managed to bounce back from a nearly $20 million investment from FTX gone wrong. This comes after it had been wiped out in September 2022, just six weeks after FTX invested
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The token was trading at $2.66 midday Wednesday, a 5% bump up from its 24 hour lows. Most of the Wednesday rally immediately preceded a16z's announcement at 10:49 am ET. OP had already rallied Tuesday on trader speculation of an a16z deal before giving back its gains – and then
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Bitcoin (BTC) hit new month-to-date lows overnight into April 4 as fresh rumors over biggest exchange Binance spooked fragile markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price returns to $28,000 after weekly loData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $27,240 on Bitstamp.Its lowest since March 28,
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The price of Stellar (XLM) rebounded 15% versus its arch-rival XRP (XRP) two days after the XLM/XRP pair set a record low of 0.181.Notably, the XLM/XRP pair rose to its intraday high of 0.20 XRP on March 31, a move that coincided with a decoupling between Stellar and XRP in
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Thursday’s price pump in crypto comes following a rally in US equities as markets choose to look beyond the Fed rate hikes. It seems that the crypto market has finally decided to look past the traditional market and chart its own trajectory. Earlier this week, the Federal Reserve announced a
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Circle’s stablecoin USD Coin (USDC) is climbing back to its $1 peg following confirmation from CEO Jeremy Allaire that its reserves are safe and the firm has new banking partners lined up at “banking open tomorrow morning.”According to CoinGecko data, USDC is up 3.3% over the past 24 hours to
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The unemployment rate fell/rose/held steady to 3.X% .... Source
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The Bitcoin (BTC) price rebound to a multi-month high has rubbed onto the mining stocks as well. Many of these crypto-mining stocks recorded their best monthly performance in a year. The surge in mining stocks also came as a relief for the troubled miners who had to sell a significant
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Given those factors, just the modestly good news for bitcoin sent the sector's shares exploding higher. Marathon Digital (MARA) has gained 79% this week, Hut 8 Mining (HUT) added 49% and Bit Digital rose 41%. As for Riot, it's ahead just 27% this week, perhaps punishment for giving up "blockchain"
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