Bitcoin Pops and Drops After Powell Introduces Average Inflation Targeting
Bitcoin whipsawed on Thursday after the Federal Reserve’s chairman signaled tolerance for high inflation, as expected. Source
Read MoreBitcoin whipsawed on Thursday after the Federal Reserve’s chairman signaled tolerance for high inflation, as expected. Source
Read MoreBitcoin price just broke below $11,500 briefly, dragging the rest of the crypto market down with it. Since last
Read MoreAnother week, another round of Crypto Tidbits. It’s been quite a week for the Bitcoin market. In the past seven
Read MoreYearn.finance (YFI) has embarked on a parabolic run-up over the past few days. The Ethereum-based asset traded at
Read MoreThe largest digital asset by market capitalization, bitcoin has lost a significant share of market dominance during the last few weeks. Bitcoin’s dominance ratio dropped to 61.5% on Thursday, after hovering around 66% for months on end. The last time the crypto asset’s dominance level was around the 61%
Read MoreEuropean Bitcoin (BTC) mining firm Northern Data has seen its stock fall 40% in days amid claims that it committed fraud.Data from Bloomberg showed the company’s NB2 stock trading at under €47 ($53.70) at the end of July 17, down from €79 ($90.30) on Monday.Northern Data: “We’re as transparent as
Read MoreDirectors of Canaan Creative, a publicly listed bitcoin miner manufacturer, were suddenly dropped from the company’s business registry, prompting speculation of a power grab. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX
Read MoreEther (ETH) options implied volatility, a measure of the expected price swings as per the options markets premium, has dropped below Bitcoin’s (BTC) for the first time ever. This could signal that investors have given up expectations of a price decoupling, or they simply expect ETH price moves to mirror Bitcoin. In
Read MoreBitcoin started the week with a bullish run, but it has now given back all of those gains. Bitcoin (BTC) was trading around $9,296 as of 20:00 UTC (4 p.m. ET), slipping 3.5% over the previous 24 hours. At 00:00 UTC on Wednesday (8:00 p.m. Tuesday ET), bitcoin was changing hands around
Read MoreBitcoin took a hit Monday, only to recover as many market participants see price weakness ahead. Bitcoin (BTC) was trading around $9,426 as of 20:00 UTC (4 p.m. ET), gaining less than a percent over the previous 24 hours. At 00:00 UTC on Monday (8:00 p.m. Sunday EDT), bitcoin was changing hands
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