First Mover Americas: Bitcoin Now Below $19K as Merge-Fueled Ethereum Classic Hype Unwinds
The latest price moves in crypto markets in context for Sept. 7, 2022. Price point Bitcoin (BTC) was trading below the $19,000 threshold on Wednesday,…
Tag: Ethereum
Bitcoin Drops Even as Wall Street’s ‘Fear Gauge’ Indicates Calm Ahead of Fed Decision
“I don’t think the hawkish Fed trade has peaked,” one observer said. Bitcoin fell even as the Chicago Board of Options Exchange’s volatility index (VIX),…
First Mover Asia: Bitcoin Rebounds Past $20K; China’s Blockchain Revolution Is Missing On-Chain Data
Ether and most other major altcoins regain ground they’d lost in last week’s downturn; China companies seem unconvinced by blockchain technology. Prices: Bitcoin gains ground, hovering…
A Major Crypto Exchange Abandons Ethereum: Is the World’s Computer Falling Behind?
By ditching Ethereum for Cosmos, dYdX has sparked claims that it has chosen sovereignty over security. Last week, crypto derivatives exchange dYdX announced that it…
Coinbase Shares Slump With Crypto Prices as Binance.US Starts Zero-Fee BTC Trading
Cryptocurrency prices resumed their slump, hurting Coinbase and related equities Shares of Coinbase Global (COIN) fell more than 7% Wednesday, lagging crypto-exposed peers as the…
Terra Blockchain Resumes Following 9-Hour Halt
Blocks 7607790 and 7607791 came through at around 11:27 UTC Friday. The Terra blockchain has resumed activity following a halt of around nine hours while…
Wyckoff Wave Near Bottom Of Trading Range
The Wyckoff Wave closed the week slightly higher, with increased volatility around the FED speak. Volume was average on the selloff. The oversold Technometer reading…
Wyckoff Wave Still Under Pressure
The Wyckoff Wave spent last week continuing to subdivide lower. Volume increased on the selloff. I was wanting a slightly more oversold Technometer before entering…