Cryptocurrency Analysis and News Portal
Ethereum has lost steam after a week of trading in profits. The elements for a potential extension of the bullish momentum were laid out in the macro-economic stage. Still, rising tensions between China and the United States have brought back uncertainty to the global financial world. U.S. Congresswoman and Speaker of
Read More
●Bitcoin (BTC): $22,807 −1.1% ●Ether (ETH): $1,614 −2.0% ●S&P 500 daily close: 4,155.17 +1.6% ●Gold: $1,781 per troy ounce +0.5% ●Ten-year Treasury yield daily close: 2.75% +0.007 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CryptoX Bitcoin Price Index (XBX); Ether is the CryptoX Ether Price Index
Read More
Bitcoin (BTC) rose to daily resistance at the Aug. 3 Wall Street open as United States equities gained on relief over Taiwan.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks gain as US dollar coilsData from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to the area just below $23,500, which had figured
Read More
“The Merge narrative on ETH has been getting a little cloudier,” said Joshua Lim, head of derivatives at Genesis Trading. “The complications around a proof-of-work fork could create some market dislocations and the geopolitics of Pelosi's Taiwan visit are weighing on price." (Genesis is owned by Digital Currency Group, which
Read More
Bitcoin (BTC) saw volatility after the Aug. 2 Wall Street open amid ongoing market reactions to tensions between the United States and China.BTC price U-turns as Pelosi lands in TaipeiData from Cryptox Markets Pro and TradingView showed BTC/USD spiking above $23,000 on the day as news came in that Nancy Pelosi,
Read More
Ten members of the U.S. House of Representatives have called on House Speaker Nancy Pelosi to address the problem with the crypto provision in the infrastructure bill. They explained that the current definition of a broker in the bill “would increase uncertainty in the cryptocurrency industry, pick winners and losers
Read More
Bitcoin posted modest gains on Thursday as Democratic leaders signaled to reach an agreement with Republicans to pass
Read More
The price of Bitcoin (BTC) dropped 3% in less than three hours as the U.S. stock market plummeted. Following the pullback, most traders are neutral or slightly bearish on the short-term trend of BTC.Traders and on-chain analysts are now pinpointing $12,500 and $11,973 as the two levels to watch for
Read More
U.S. administration officials and House Speaker Nancy Pelosi broached the possibility of passing the pandemic-relief package after the Nov. 3 election, indicating that a deal might not be able to be reached before then, the Wall Street Journal reported. Source
Read More