Bitcoin’s 50-Day Moving Average in Focus for Crypto Analysts After 11% Price Pullback
A break below the average would call into question the bull market’s strength, one analyst said. Bitcoin (BTC) has come under pressure of late amid…
Tag: cryptocurrency
Bitcoin Posts Biggest Weekly Loss in 5 Months as Dollar Liquidity Declines, Debt Ceiling Fears Return
The cost of insuring against a potential U.S. government default in the next 12 months soared to record highs last week. Bitcoin (BTC) faced selling…
Riot Platforms and Marathon Digital Lead Crypto Stock Gains as Bitcoin Stays Above $30K
The price of bitcoin is now up by more than 80% so far in 2023. Crypto-related stocks are having a second day of big gains…
Bitcoin Faces Low Risk of ‘Liquidations-Induced’ Price Volatility After 70% Surge
Liquidations refer to the forced closure of bullish long and bearish short positions in leveraged perpetual futures markets. They often exacerbate price moves. Bitcoin (BTC)…
Nasdaq to launch crypto custody services by end of Q2: Report
The service will reportedly be the exchange operator’s first major venture into the crypto industry. Global securities marketplace Nasdaq is gearing up to launch its…
Bitcoin, Ether Drop Over 5% in Massive Sell-Off as Market Continues to Digest Silvergate
Bitcoin plunged to $22,277 and Ether hit $1,563 as crypto tumbled during the opening hours of East Asia’s trading day. Major digital assets plunged as…
Liquid Staking Replaces DeFi Lending as Second-Largest Crypto Sector
The value of cryptocurrencies deposited in liquid staking protocols has increased to about $14 billion, trailing just deposits at decentralized exchanges. Liquid staking, which allows…