Text size Bitcoin prices have fallen back after a recent rally. Edward Smith/Getty Images The prices of … Source link

Bitcoin (BTC) faced a new threat of a dip below $40,000 on April 8 as short timeframes failed to rescue bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin risks return to $38,000 support Data from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating in a range bounded by $44,000 prior to Friday’s Wall Street open. The pair had reduced volatility after a comedown from 2022 highs during the week, but analysts warned that a return to the year’s… Source link

Ethereum Classic ETC/USD spiked 10% to $43.24 over 24 hours leading up to Thursday night. Ethereum Classic (ETC) Price Performance Time-frame % Change (+/-) 24-hour 10% 24-hour against Bitcoin BTC/USD 9.2% 24-hour against Ethereum ETH/USD 8.05% 7-day -5.3% 30-day 59.7% YTD-performance 23.6% See Also: Ethereum Vs Ethereum Classic  The ETC Factors Ethereum… Source link

  Bitcoin price is moving higher above USD 43,500. Ethereum recovered above 3,250, XRP is nearing the USD 0.80 resistance. ETC and NEAR are up 10% and 19%, respectively. Bitcoin price formed a base above the USD 43,000 level and moved above USD 43,500. It is currently (04:05 UTC) trading in a range near USD 43,600, with a key breakout zone near the USD 44,000 level. Besides, most major altcoins are attempting a recovery wave. ETH must… Source link

Speaking to attendees at an American University event, Yellen highlighted the differing perceptions about crypto, saying that’s often the case with “transformative” technology. “Some proponents speak as if the technology is so radically and beneficially transformative that the government should step back completely and let innovation take its course,” she said. “On the other hand, skeptics see limited, if any, value in this technology and associated products and advocate that the… Source link

Cryptocurrency is taking center stage in Miami this week. It’s being dubbed the biggest Bitcoin event in the world as companies and cryptocurrency enthusiasts gather to share ideas. The crypto craze continues to grow with celebrities hawking it and sporting arenas being named after crypto exchange companies. Then, there are people like Eddie Lynch Jr., 24, who are mining crypto. “I dove into mining, figuring out what it is, how I can benefit from it,” said Lynch, who lives in Palm Beach County.

Cryptocurrency is taking center stage in Miami this week. It’s being dubbed the biggest Bitcoin event in the world as companies and cryptocurrency enthusiasts gather to share ideas. The crypto craze continues to grow with celebrities hawking it and sporting arenas being named after crypto exchange companies. Then, there are people like Eddie Lynch Jr., 24, who are mining crypto. “I dove into mining, figuring out what it is, how I can benefit from it,” said Lynch, who lives in Palm Beach County.

BTC and ETH were once again lower during today’s trading session, as both were trading close to two-week lows. Bitcoin dropped below $43,000 for the first time since March 24, while ETH hit a bottom near $3,100 on Thursday. Bitcoin Bitcoin continued trading lower on Thursday, as the world’s largest cryptocurrency fell below $43,000 for the first time in over two weeks. Following a peak of $45,424.98 on Wednesday, BTC/USD fell to an intraday low of $42,899.91 during today’s… Source link

If you see the bigger markets pick up, then Monero might be a nice way to pick up a bit of momentum in the crypto markets. Monero pulled back on Wednesday to test the 200-day EMA yet again, which sits at the $210 level. That is an area that the market has respected previously, so it is worth noting that we have handled that area as an area that is important. The 50-day EMA is starting to rally from here and reach towards the upside, perhaps offering a potential “golden cross” in the… Source link

Bitcoin (BTC) may track sideways for another two years before reigniting its bull run, new data argues. In a tweet on April 6, veteran trader Peter Brandt highlighted historical patterns, suggesting that hodlers will have to wait until 2024 for their next moonshot. 8 months down, 25 to go? Bitcoin has surprised analysts with its performance over the past year, as the highly anticipated “blow-off” top in Q4 2021 was much lower than expected. After BTC/USD lost over 50% of those modest new… Source link