Cryptocurrency Analysis and News Portal
The price of Ethereum's native token Ether (ETH) crept lower Friday after China extended its crackdown on cryptocurrencies by deeming their transactions to be "illegal.""Financial institutions and non-bank payment institutions cannot offer services to activities and operations related to virtual currencies," the People's Bank of China said in a statement
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Bitcoin’s (BTC) price has been broken past a major resistance level of $52,000 in the past few days and approaching the all-time high region. However, other cryptocurrencies are rallying heavily as well. In the recent months, the market has seen massive surges for Cardano (ADA), Polkadot (DOT) and Cosmos (ATOM).These
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Bitcoin has mostly traded in a tight, low-volume range Monday while some profit-taking from bitcoin into ether is appearing on the ETH/BTC charts.Bitcoin (BTC) trading around $26,822 as of 21:00 UTC (4 p.m. ET). Gaining 2.3% over the previous 24 hours.Bitcoin’s 24-hour range: $25,759- $27,447 (CryptoX 20)BTC very near its
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The price of bitcoin is trending up in a low-volume environment. Meanwhile, some rebalancing from bitcoin into ether has been occurring on exchanges since late November.Bitcoin (BTC) trading around $19,363 as of 21:00 UTC (4 p.m. ET). Gaining 1.4% over the previous 24 hours.Bitcoin’s 24-hour range: $18,809-$19,607BTC above its 10-day
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Quick take:Bitcoin has been in a state of continuous sideways movement since early June. Social media dominance of BTC has been dropping and could point to an alt season. A bullish ETH/BTC chart hints of altcoins gaining in the crypto markets. Additionally, the Shit-coin Perpetual contract on FTX recently hit a new All-Time
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