Market Wrap: Bitcoin Price Finishes Higher for Third Consecutive Week
The largest cryptocurrency by market capitalization has responded favorably to improved economic indicators. Source link
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Ether Leads Crypto Markets Higher After Final Merge Test Goes Live
If Levitin is right, and, more importantly, if the U.S. Securities and Exchange Commission (SEC) shares his view, exchanges that list ether (and that would be nearly all of them) would be subject to more onerous regulatory requirements. Like the bitcoin cryptocurrency, ether has until now been treated as a commodity, outside the SEC’s jurisdiction. …
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Bitcoin Falls Initially on US Jobs Report, Grinds Higher Later
●Bitcoin (BTC): $22,898 +2.0% ●Ether (ETH): $1,677 +5.6% ●S&P 500 daily close: 4,145.19 −0.2% ●Gold: $1,791 per troy ounce +0.2% ●Ten-year Treasury yield daily close: 2.84% +0.2 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index …
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Crypto Miner Argo Blockchain Faced Equipment Challenges, Higher Costs in July
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Paraguay’s Electricity Authority Requests Higher Rates for Crypto Miners, Partial Veto of Mining Legislation
“On that point we believe that it has to respond to a cost structure so that it is viable for the installation of electric power supply,” Sosa said, adding that he wants mining companies to pay their tariffs in advance in U.S. dollars, with an annual readjustment in that currency. Source link
Crypto Lender Voyager Has Received Several Purchase Offers Higher Than FTX’s: Report
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Market Wrap: Bitcoin Reverses Course, Pushes Higher, $21K Is ‘Point of Control’
The crypto rose despite some turmoil in the industry. Source link
Polkadot ‘cup and handle’ setup sees DOT price 50% higher by September
Polkadot (DOT) looks ready to extend its ongoing price recovery due to a classic bullish pattern forming on its daily chart. DOT paints “cup and handle” pattern Notably, DOT has been forming a “cup and handle” pattern since mid-June, confirmed by its price crashing and recovering in a rounding, U-shaped trajectory (cup), followed by the …
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Bitcoin Pushes Higher Despite Negative GDP Report
Bitcoin continued to move higher on Thursday, pushing past $23,000, despite a GDP report that showed second-quarter decline rather than growth. The negative 0.9% reading follows last quarter’s 1.6% decline and missed projections for a 0.5% increase in growth. Still, asset classes across the board responded favorably, with prices in both traditional finance and cryptocurrencies …
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Bitcoin’s Recent Gains Have Been Small. What Will Drive Its Price Higher?
Moya noted gains in equity markets that also rose for a third consecutive day with the tech-focused Nasdaq, S&P 500, which has a heavy tech component, and Dow Jones Industrial Average all rising over a percentage point. But he also struck a cautionary note, writing that although the rally for risky assets was a boon …
Bitcoin’s Recent Gains Have Been Small. What Will Drive Its Price Higher? Read More »