Bitcoin primed for a major price movement as second U.S. stimulus checks go out
The outgoing U.S. President Donald Trump finally endorsed the long-awaited stimulus bill worth $900 billion, meaning that every American citizen will soon receive a check for $600. Back in spring, many people used the first stimulus checks worth $1,200 distributed by the government to invest in Bitcoin. At that time, the US-based cryptocurrency exchange Coinbase reported a spike of first-time deposits worth $1,200. Read more...
ETH failed at $750 again
ETH bulls made another attempt to break above a critical resistance area of $747 created by 0.5 Fibo retracement level for the downside move from January 201 high to December 2018 low. As the upside momentum faded away on approach to a significant barrier, ETH dropped to the intraday low of $717 before recovering to $725. Read more...
Cryptocurrency platforms avoid Ripple like the plague; over companies 14 suspended XRP trading
The list of cryptocurrency companies delisting or suspending Ripple's XRP trading is growing faster than mushrooms after a rainy day. At the time of writing, 14 digital assets service providers announced the decision to distance themselves from the troubled startup and its token. The list includes such big names in the cryptocurrency industry as Coinbase, Bitstamp, Coinmama, and Wirex. Read more...
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Bitcoin, Ethereum and XRP steady as China slaps 125% tariff on US, weekend sell-off looming?
The Cryptocurrency market shows stability at the time of writing on Friday, with Bitcoin (BTC) holding steady at $82,584, Ethereum (ETH) at $1,569, and Ripple (XRP) maintaining its position above $2.00.
Bitcoin Weekly Forecast: Market uncertainty lingers, Trump’s 90-day tariff pause sparks modest recovery
Bitcoin price extends recovery to around $82,500 on Friday after dumping to a new year-to-date low of $74,508 to start the week. Market uncertainty remains high, leading to a massive shakeout, with total liquidations hitting $2.18 billion across crypto markets.
Bitcoin, Ethereum, Dogecoin and Cardano stabilze – Why crypto is in limbo
Bitcoin, Ethereum, Dogecoin and Cardano stabilize on Friday as crypto market capitalization steadies around $2.69 trillion. Crypto traders are recovering from the swing in token prices and the Monday bloodbath.
Can FTX’s 186,000 unstaked SOL dampen Solana price breakout hopes?
Solana price edges higher and trades at $117.31 at the time of writing on Friday, marking a 3.4% increase from the $112.80 open. The smart contracts token corrected lower the previous day, following a sharp recovery to $120 induced by US President Donald Trump’s 90-day tariff pause on Wednesday.
Bitcoin Weekly Forecast: Market uncertainty lingers, Trump’s 90-day tariff pause sparks modest recovery
Bitcoin (BTC) price extends recovery to around $82,500 on Friday after dumping to a new year-to-date low of $74,508 to start the week. Market uncertainty remains high, leading to a massive shakeout, with total liquidations hitting $2.18 billion across crypto markets.
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