Text size Bitcoin prices were sliding on Tuesday. Dreamstime Bitcoin is again trading below $30,000 as another cryptocurrency company runs into regulatory trouble—the latest headwind to hit the digital-asset market. New Jersey’s Bureau of Securities issued a cease-and-desist order against BlockFi, a crypto trading and lending… Source link

Text size Bitcoin fell below $30,000 late on Monday for the first time in a month. Dreamstime Bitcoin fell below $30,000 late on Monday for the first time in a month, nearly erasing its entire 2021 gain. Around 9 a.m. it was trading at $29,750, down 3% over the past 24 hours. Ether, the second most valuable cryptocurrency, was also down… Source link

XMR coin chart shows a death crossover of the 50 and 200-day EMA in the daily time frame The XMR/BTC pair was trading at 0.006192 BTC with a loss of 1.63 % The current price of the XRM coin is $184.1, with an intraday loss of 2.48% The XMR coin shows a formation of a descending triangle pattern in the daily frame. The price is currently at the key support of this pattern and suggests another bounce from here with a bullish hammer candle.  This $180 support level is quite crucial for… Source link

Ethereum has been left reeling following a devastating sell-off that has seen it break the $1,875 level of support. It is now attempting to cling onto the $1,720 level which, to its credit, has provided bounces on three occasions over the past three weeks. If continuation to the downside is initiated, Ethereum would then confirm a four-month low with price targets beginning to emerge back down at $1,550 and $1,400. From a macro perspective, Ethereum has now confirmed a series of lower highs and… Source link

Litecoin (LTC) has been decreasing since May and has fallen below a long-term horizontal support level. There are no clear bullish signs present. However, LTC is potentially trading inside a descending wedge and could create a double bottom formation. Litecoin breaks down below long-term support Litecoin has been moving downwards since May 10, after it reached an all-time high price of $417. The downward movement continued until a low of $116 was reached on May 23.  While… Source link

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Associated Press OPEC, allies raise limits for 5 countries to end oil dispute OPEC and allied nations agreed Sunday to raise the production limits imposed on five countries next year and boost their production by 2 million barrels per day by the end of this year, ending a dispute that roiled oil markets. The disagreement, sparked by a demand by the United Arab Emirates to increase its own production, temporarily upended an earlier meeting of the cartel. In a statement Sunday, the cartel… Source link

For bitcoin, a stronger dollar outlook means more people will likely prefer to hold the buck, said one analyst. Photo: AP Bitcoin fell to a 6-month low on Tuesday, breaking a key support level of $30,000. Cryptocurrencies were broadly under pressure on Tuesday morning amid a market sell-off. Analysts said a strengthening dollar and a global move to de-risk investments was hitting the asset class. Bitcoin (BTC-USD) was down about 5.6% to trade at $29,834 (£21,832) on Tuesday morning in London…. Source link

Ethereum Ethereum fell by 3.86% on Monday. Following a 0.44% loss on Sunday, Ethereum ended the day at $1,818.44. A mixed start to the day saw Ethereum rise to a mid-morning intraday high $1,918.65 before hitting reverse. Falling short of the first major resistance level at $1,964, Ethereum slid to an early afternoon intraday low $1,805.47. Ethereum fell through the first major support level at $1,849 to end the day at sub-$1,820 levels. The second major support level at $1,805 limited the… Source link