Market Wrap: Bitcoin Sticks to $10.7K; DeFi Site dForce Doubles TVL in 24 Hours

Buying volume is pushing bitcoin higher. Meanwhile, DeFi investors continue to seek places to park crypto for steady yield. Bitcoin (BTC) is trading around $10,730 as of 20:30 UTC (4:30 p.m. EDT). Gaining 0.50% over the previous 24 hours. Bitcoin’s 24-hour range: $10,550-$10,795 BTC above its 10-day and 50-day moving averages, a bullish signal for […]

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Market Wrap: Bitcoin Hits $10.4K; Ether Balances on Exchanges Fall to 7-Month Low

Bitcoin was trending upward before losing momentum; ether holders are moving their cryptocurrency off exchanges. Bitcoin (BTC) trading around $10,284 as of 20:00 UTC (4 p.m. ET). Slipping 0.12% over the previous 24 hours. Bitcoin’s 24-hour range: $10,174-$10,488 BTC below its 10-day but above 50-day moving averages, a sideway signal for market technicians. Bitcoin trading […]

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Market Wrap: Bitcoin Tumbles to $9.8K; Investors Continue Plowing Crypto Into DeFi

Bitcoin is in bear territory for the third straight day and investors are still looking to DeFi to capture gains during the dump. Bitcoin (BTC) trading around $10,606 as of 20:00 UTC (4 p.m. ET). Slipping 0.90% over the previous 24 hours. Bitcoin’s 24-hour range: $9,894-$10,081 BTC below its 10-day and 50-day moving averages, a […]

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Market Wrap: Bitcoin Clings to $11,000 as Ether Futures Top $1B

Bitcoin was little changed at around $11,000 with lower spot volumes as traders eye growth in the market for ether futures. Bitcoin was little changed at around $11,000 Thursday as traders digested reports the U.S. economy shrank during the second quarter at the fastest pace on record, and that President Donald Trump is wondering if […]

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Market Wrap: Bitcoin Sticks Around $9,200 as Traders Eye Other Markets for Action

Traders look towards altcoins and equities as volatility dips in a quiet July bitcoin market. Bitcoin (BTC) trading around $9,185 as of 20:00 UTC (4 p.m. ET). Slipping 1% over the previous 24 hours. Bitcoin’s 24-hour range: $9,153-$9,279 BTC below 10-day and 50-day moving average, a bearish signal for market technicians. Bitcoin trading on Coinbase […]

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Bitcoin and Ether Prices Stagnate as Traders Take Wait-and-See Approach

After staging a recovery earlier this week, cryptocurrencies were stuck in a holding pattern Friday afternoon. Bitcoin (BTC) and ether (ETH) appeared to be in a period of consolidation where prices bounce around within a tight range, showing indecisiveness among traders.  Bitcoin and ether had both climbed by less than a percent. Notable performers on […]

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Bitcoin Price Falls After One-Hour Volume Spike

An hour of high-volume trading on Tuesday resulted in bitcoin (BTC) trading lower, giving back nearly half of the previous day’s gains. At around 3 p.m. ET (15:00 UTC), trading volume on cryptocurrency exchanges spiked as bitcoin prices jumped from $8,674 to $8,898, almost a percentage point, within one hour. Coinbase, for example, saw volume […]

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Chainalysis Report on PlusToken ‘Scammers’ Blamed for Monday’s Crypto Selloff

The slide began at 18:28 UTC on Monday. In just seven minutes, bitcoin slipped 4 percent, to $6,800 from $7,085 according to data from Coinbase. In that time, ether took a bigger hit, dropping 7 percent from $140 to $130. Neither had seen such lows since Nov. 25, when the crypto markets suffered a temporary […]

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