Bitcoin

What happened The two largest cryptocurrencies by market capitalization, Bitcoin ( BTC -8.13% ) and Ethereum ( ETH -7.55% ), have seen some significant selling pressure today. These two tokens are trading slightly above their daily lows but are down 3.8% and 4.6%, respectively, over the past 24 hours at 12:40 p.m. ET.  Bitcoin’s downside move appears to be related to higher trading volumes, as the active supply of Bitcoin surged to around 565,000 tokens. This increase… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Text size War appears to be boosting Bitcoin and other cryptocurrencies. Dreamstime War in Europe appears to… Source link

“The momentum of pressure on the crypto market was due to the decline in stock indices, as the Fed gave signals of tightening policy,” Kuptsikevich said. “Technical factors also contributed to the negative dynamics – the inability to overcome the strong resistance of the 100-day moving average and mid-February highs around $45,000.” Source link

Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing in the way of you and your loved ones’ well-being — regardless of what colors may be on the flag waving above your head. The Human Cost of Sanctions There are no winners in war. Bankers and politicians… Source link

Bitcoin (BTC) bended to new macro pressures on March 4 after bulls failed to hold $42,000 for long. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Europe stocks sink on Friday open Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching lows of $40,800 on Bitstamp Friday after a major options expiry event. Overnight performance, initially showing a recovery, had been stymied by worries over a nuclear power plant fire in Ukraine. Stocks futures fell on the news,… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Bitcoin (BTC) broke through $43,000 after the March 3 Wall Street open with U.S. equities trending down. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks, Bitcoin slide lower on the open Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it stayed within a narrow intraday range on March 3. Forty-three thousand dollars had held as support overnight, nonetheless seeing multiple tests as traders eyed a potential bounce zone around $1,000 lower. #BTC take out… Source link

Bitcoin (BTC) has the potential to become a “good bet” for investors if the Federal Reserve does everything it can to keep the U.S. economy afloat against impending recession risks, according to popular analyst Bitcoin Jack. The independent market analyst pitted the flagship cryptocurrency, often called “digital gold” by its enthusiasts, against the prospects of further quantitative easing by the U.S. central bank, noting that the ongoing military standoff between Ukraine and Russia had… Source link

Bitcoin (BTC) pulled off an impressive double-digit rally this year, but the digital asset has been struggling to break the $45,000 resistance lately. This level does not hold any historical importance because it has been easily breached multiple times. The same can be said for Bitcoin’s $850 billion capitalization, which isn’t anywhere close to silver’s $1.4 trillion, or the Amazon and Google’s $1.7 trillion market value. Bitcoin’s market cap is often compared to gold, which has a $12.3… Source link