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Memecon Shiba Inu has continued to struggle this week as the crypto has lost 17% in value over the past seven days. Shiba Inu Continues To Decline As Whales Start Taking Profits DOGE’s cousin coin, SHIB, has been struggling this month as it tumbles down for a straight third week. Over the
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Good morning, Here’s what’s happening this morning:Market moves: Bitcoin soared past $69K before dropping below $65K.Technician’s take: Intraday charts are showing initial signs of upside exhaustion.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $64,626Ether (ETH): $4,613Market movesBitcoin faced a pullback below
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Robinhood (HOOD) shares were falling 7% in after-hours trading Tuesday after the zero-commission trading platform missed badly on revenue expectations as its cryptocurrency revenue fell sharply from the second quarter’s record high.Robinhood said its crypto revenues fell to just $51 million in the third quarter, down from a record $233
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Earlier today, the owner of the non-fungible token CryptoPunks #6046 declined a bid of $9.5 million dollars in Ethereum (ETH), which would have been the highest on-chain NFT transaction to date. The bidder, who goes by an ENS of poap.eth, placed the record-setting bid after the CryptoPunks owner tweeted: “My
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Bitcoin mining profitability accelerated during the first days of October, which also led to a brief rise in some miner share prices, although performance is mixed. Marathon Digital (NASDAQ: MARA) stock is up about 64% over the past three months, compared to an 11% decline in Riot Blockchain (NASDAQ: RIOT)
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“Inflation is here to stay, and every household is starting to see prices skyrocket for goods and services nationwide,” Carlos Betancourt, co-founder of BKCoin Capital, said. “Many savvy investors look for asymmetric opportunities and a hedge against inflation, and there is always one common asset that comes to mind ...
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Bitcoin (BTC) buyers are struggling around the $48,000 resistance level as short-term indicators reached overbought levels over the weekend. The next level of support is seen around $45,000, which could stabilize the pullback.BTC was trading around $47,000 at press time and is roughly flat over the past 24 hours. Still,
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Bitcoin (BTC) is trading lower after sellers responded to resistance near $45,000. The cryptocurrency is down about 4% over the past 24 hours to $41,909 as upside momentum slows. Support is nearby at $40,000, which could stabilize the pullback.The 100-period moving average on the four-hour chart continues to cap upside
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The increase of US stimulus package talks serves as a booming situation for Bitcoin and Gold. However, Bitcoin price strikes a new record while Gold declines.Bitcoin in 2021 so far has brought way too many similar headlines of “new all-time hits”. These many Bitcoin stories have created much interest even
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Bitcoin dipped on Monday after hitting a new record high in the previous session, pointing to a spike in profit-taking sentiment among daytraders. The analogy was visible in the statistics shared by an independent analyst on Twitter. The pseudonymous entity noted an 11.5 percent a 12 percent decline in the number
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