Bitcoin

Bitcoin holds onto 10% gains ahead of crucial Fed rate hike comments

Bitcoin (BTC) held onto fresh upside on Tuesday after a resurgent stock market took the largest cryptocurrency above $37,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView. Fed may spark fresh volatility Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading above $36,000 on Tuesday, with maximum 24-hour gains totaling 14% versus Monday’s floor.  Bitcoin’s correlation to equities remained in focus ahead of a fresh Wall Street open and key information… Source link

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The Cryptoverse: Teenage bitcoin throws an interest rate tantrum

Illumination of the stock graph is seen on the representations of virtual currency Bitcoin in this picture illustration taken March 13, 2020. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register Jan 25 (Reuters) – Bitcoin is growing up. The original cryptocurrency turns 13 this year and is showing signs of becoming a more mature financial asset – but watch out for the teenage tantrums. This drift towards the mainstream, driven by the big bets of institutional… Source link

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‘Stop panic selling’ — Bitcoin whales bag spare BTC as exchange balances fall

Bitcoin (BTC) is being aggressively bought up at prices near $30,000 as bidders begin to soak up liquidity from short-term sellers. Data from on-chain monitoring resource CryptoQuant shows that as of late December, Bitcoin exchanges have begun to shed their BTC reserves once more. BTC conspicuously attractive at current levels After a period of traders sending BTC to exchanges, possibly to sell or to have on the side to divest away from further losses, exchanges are now seeing larger overall… Source link

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Why is Bitcoin crashing? Your crypto crash questions, answered.

It’s been a tough few days for cryptocurrency investors, though they should be used to it by now. The months-long decline of cryptocurrencies like Bitcoin and Ethereum has been accelerating in recent days, with prices now reaching six-month lows, wiping out billions of dollars in value. Here’s what you need to know about the cryptocurrency price crash. How bad is it? Cryptocurrency prices have been declining since November, and investors are now going on a selling spree… Source link

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Stock selloff hits Bitcoin and other cryptos

‘Coin Stories’ podcast host Natalie Brunell discusses Bitcoin amid cryptocurrency selloff and the Federal Reserve eyeing rate hikes. Bitcoin prices mirrored U.S. stocks in Monday’s sharp selloff.  The largest crypto currency by market value traded near the $30,000 level before bouncing off that low.    The S&P 500 slipped into a correction on Monday, following the Nasdaq Composite which traded deeper into its own. The Dow Jones Industrial Average, at one point, was off by over 1,000… Source link

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Analysts say Bitcoin’s bounce at $36K means ‘it’s time to start thinking about a bottom’

Bears remain in full control of the cryptocurrency market on Jan. 24 and to the shock of many, they managed to pound the price of Bitcoin (BTC) to a multi-month low at $32,967 during early trading hours. This downside move filled a CME futures gap that was left over from July 2021. Data from Cointelegraph Markets Pro and TradingView shows that the $36,000 level was overwhelmed in the early trading hours on Monday, leading to a sell-off that dipped below $33,000 before dip buyers arrived to… Source link

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Bitcoin Short-Term Bounce Faces Resistance at $40K – CoinDesk

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

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Buying Bitcoin Anonymously (More or Less) – CoinDesk

However, if the disputed amount exceeds 0.5 BTC, users must ask the Bisq DAO directly to make them whole. “Because, as you might imagine, arbitrators would prefer to avoid making such large out-of-pocket outlays of BTC,” the contributor said. “In these cases, users are paid in BSQ, which they can then sell for BTC on Bisq.” Source link

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Bitcoin, Coinbase, Peloton, Kohl’s: What to Watch When the Stock Market Opens Today

Stock futures are slipping, pointing to another day of losses as investors prepare for a meeting of Federal Reserve policy makers and earnings from big technology companies. Cryptocurrencies were broadly lower, with bitcoin down 7.8% from its Friday 5 p.m. ET level, and crypto stocks were dropping along with them. Crypto exchange Coinbase fell 7.4% premarket. Bitcoin miners were especially hard hit,… Source link

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Bitcoin skids to six-month low as fears of Ukraine conflict shake markets

Bitcoin (virtual currency) coins are seen in an illustration picture taken at La Maison du Bitcoin in Paris July 11, 2014. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register LONDON, Jan 24 (Reuters) – Bitcoin tumbled almost 9% on Monday to its lowest in six months as fears of a Russian attack on Ukraine saw riskier assets worldwide extend their sell-off. The largest cryptocurrency was trading down 8.8% at $33,058, its lowest since July 23, taking losses from… Source link

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