Bitcoin Drops Below $30K for First Time in 4 Weeks
Wall Street is seeing “too much froth” and current virus jitters are triggering widespread panic selling of every top performing asset, including bitcoin, said one…
Tag: Ethereum
Ethereum Investment Funds Saw Record Outflows of $50M
Investors are exiting digital asset investment products, including funds focused on bitcoin (BTC, +4.33%) and ethereum (ETH, +14.74%), as a wave of negative sentiment weighs on cryptocurrencies. Net outflows from…
Market Wrap: Bitcoin Declines Into the Weekend, as Volatile Month Continues
The technical charts suggest further downside is likely as sellers react to extreme overbought conditions since March. Bitcoin traded lower on Friday as the price…
Bitcoin, Ether Hit New All-Time Highs on Eve of Coinbase Listing
Bitcoin and ether (ETH, +6.17%), the two biggest cryptocurrencies, surged to new all-time high prices on Tuesday, the day before the highly anticipated Coinbase listing on Nasdaq.…
Bank of America Sees DeFi ‘Potentially More Disruptive Than Bitcoin’
There is “no good reason to own BTC unless you see prices going up,” the bank says, but it is intrigued by decentralized finance. “Bitcoin is…
Watch Out for These Risks Before Investing in Bitcoin or Ether
Twelve years after its creation, regulating bitcoin is still complicated in most countries. That’s just one of the investment risks. There are a number of…
First Mover: What’s Next for Ethereum After Cryptocurrency Hits All-Time High
The Ethereum blockchain is growing fast thanks to DeFi, and some traders say the ether cryptocurrency could notch further gains. Bitcoin (BTC), the largest cryptocurrency,…
Multiple Tokens See Rally Amid Looming ‘Alt Season’
Bitcoin and ether may be pulling back from their all-time highs but alternative cryptos are starting to see action. As prices for bitcoin and ether…
First Mover: Why Mohamed El-Erian Might Have Held Bitcoin at $19K
Bitcoin was lower, staying in the past week’s range of roughly $18,500 to $19,700. Prices are up 167% year to date, having started off 2020…
First Mover: Ether Eyed as Value Play With Bitcoin Pressing $20K
Bitcoin was heading back toward the all-time high price of $19,920 notched earlier this week. “So far, prices remain constrained, either with sellers unwilling to…