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Bitcoin fell to a three-week low Wednesday as Federal Reserve Chairman Jerome Powell's hawkish testimony to the U.S. Senate Banking Committee on Tuesday spurred traders to price in a higher "terminal rate." Bitcoin dropped to $21,871 during Asian trading hours, a three-week low, and ether nearly tested Tuesday's low of
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Delay in Silvergate’s financials sparks fears over bankruptcy, FTX reports
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Bitcoin (BTC) fell to bearish target zones on Feb. 10 as bulls failed to hold important support above $22,000.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewCrypto wipeout mounts as BTC price loses $22,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $21,633 on Bitstamp.The pair reacted badly to regulatory
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Bitcoin (BTC) stayed motionless at the Feb. 6 Wall Street open as analysis showed an “interesting dynamic” in play on BTC price charts.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin: Golden cross meets death crossData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ignored the start of U.S. equities
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Bitcoin (BTC) price broke above $22,500 on Jan. 20 and has since been able to defend that level — accumulating 40.5% gains in the month of January. The move accompanied improvements in the stock market, which also rallied after China dropped COVID-19 restrictions after three years of strict pandemic controls.E-commerce
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Crypto.com is one of the centralized exchanges that survived the market tribulations of 2022. Recent analysis done by CryptoCompare shows that the CEX had an average market share of 4.6% last year. Its native token Cronos, despite the challenges, was able to withstand the beating. Although this is incredibly small compared
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ALSO: Sam Reynolds writes that Taiwan-based technology conglomerate HTC is looking to take its virtual headset business public as part of a quest to help cultivate the metaverse. But is the company going in the wrong direction? Original Source
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Bitpreco, a Brazilian cryptocurrency exchange, has decided to extend its functionality to offer banking services through a new platform called Bitybank. The company, which will also open payment and digital account services, plans to attract users to crypto through cashback programs that counter the fears of users purchasing cryptocurrencies in
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The FTX collapse continues to stoke fears of a contagion in the cryptocurrency space as investors wait to hear about businesses that may face the heat. One of the marquee names to come under the circle of suspicion is the Grayscale Bitcoin Trust (GBTC), which has seen its discount to
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Gemini suspended its yield-earning program, shaking users’ confidence in the exchange. Original Source
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