Cryptocurrency Analysis and News Portal
While traditional markets started the new month with a sell-off, bitcoin is holding its own. Bitcoin (BTC) was trading up 1.2% over 24 hours at $8,728, with 10-day and 50-day technical indicator moving averages continuing to signal sideways sentiment Friday. A slight price rally to $9,000 took place at around 12:00
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Bad U.S. jobless data pulled markets lower Thursday, affecting even bitcoin. But there may be a silver lining for the cryptocurrency.At press time, the world’s largest cryptocurrency was up just 1% over 24 hours at $8,864, with 10-day and 50-day technical indicator moving averages converging, thus signaling sideways sentiment. After bitcoin
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There’s an old saying on Wall Street that financial markets are driven by two emotions, fear and greed. In the crypto markets, the driver is often a combination of the two: fear of missing out.The FOMO, as it’s often called, looked strong Wednesday as bitcoin jumped to its highest levels
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Bitcoin's price is on the upswing, and so is the amount of computing power securing the network as a once-in-four-years event known as the halving approaches.The world’s oldest cryptocurrency is up 12% over the past five days, and less than a percent over the last 24 hours, trading in $7,600-$7,700
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Since Thursday’s jolt in bitcoin prices, the cryptocurrency has traded in a tight range close to the $7,500 level. It has not only come back from the losses suffered in March, it’s also showing some upward momentum. The price for one BTC is currently above 10-day and 50-moving averages on the
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There has been an increase in the number of stablecoins issued over the past month, mainly on the Ethereum network. That popularity may also be lifting ether on Thursday.Ether (ETH) prices have climbed 8.4 percent over the last 24 hours, according to CryptoX price data as of 20:10 UTC (4:10
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You know things are weird when bitcoin is getting less volatile and stocks aren’t.After surging about a month ago during a frantic sell-off, the 30-day volatility of daily returns from the leading cryptocurrency has dropped in recent days, and is almost back to where it was before the panic started
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Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys has completed a global five week blockchain trial in partnership with R3. advertisement Stephen Obasi, Group Head, Head Office Operations, Fidelity Bank, said: “This is an audacious step by Infosys to simplify and revolutionize global trade finance practice using Blockchain technology.
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