Friday , November 1 2024
Home / Crypto news (page 2223)

Crypto news

Market Watch: Despite Wall Street, Bitcoin Holds Above $30K So Far

Bitcoin has reclaimed the $30,000 price tag after another brief drop beneath it yesterday. Most alternative coins have also bounced off the lows as ETH has neared $1,300, while UNI jumped to a new all-time high.Bitcoin Swings Around The $30KFollowing an unsuccessful attempt to overcome $35,000 earlier this week, bitcoin started to gradually decrease in value. The adverse movements culminated in another price drop beneath the psychological $30,000 level, as CryptoPotato reported...

Read More »

Litecoin (LTC) Price Analysis: Testing Crucial Support at $120

Litecoin price started a fresh decline below the $135 and $130 support levels against the US Dollar.LTC price is trading just above the $120 support and it is well below the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $136 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face many hurdles such as $135 and $140.Litecoin price is showing bearish signs below $135 against...

Read More »

Buy U Coin Was the Victim of a Potential Data Breach

Crypto hacks are pretty darn prominent in the digital space, but sometimes, it’s not always the money itself that’s compromised. Sometimes, attackers go after customers’ personal data, as Buy U Coin is learning this week.Buy U Coin Customers Have Lost Control of Their DataThe India-based cryptocurrency exchange was allegedly the victim of a data breach that saw the personal information of several customers leaked online. The data released on the internet includes email addresses, names,...

Read More »

Traders Don’t Seem To Be Putting as Much Bitcoin Into Digital Funds

Bitcoin has hit a real bump in the road, and for many analysts and traders, this appears to be knocking their confidence to new lows.Bitcoin Isn’t Being Managed as Much By Third PartiesThe world’s number one digital currency reached a whopping $42,000 on January 8. This is the highest the currency has been in its 12-year history. However, at the time of writing, the asset is down to just over $32,000, meaning that each unit of bitcoin has dropped by roughly $10,000 in less than a month.To an...

Read More »

Bitcoin’s Price Could Top at $300,000 if History Repeats: Analysis

Although the price of bitcoin fell by over $10,000 since its all-time high of $42,000, historical on-chain data suggests that the asset could still experience a significant increase in the following months.Simultaneously, another indicator implied that BTC’s correction has gone through its most harmful stage and could end soon.BTC’s Correction To Finish Soon?Following a substantial price increase that led to a new all-time high in early January, the primary cryptocurrency hit a wall and...

Read More »

Keith Johnson: BTC Has Failed as a Payment Coin, and That’s Good for Competing Assets

Bitcoin has never lived up as a payment coin. The asset – which was initially designed to replace fiat currencies and be used to purchase goods and services – has become so volatile and so vulnerable to price swings, that the very idea of using it as a method of payment has become ludicrous to even the most diehard fans, but according to Keith Johnson of Ternio fame, this paves the way for competing altcoins to step up and serve as payment coins in the future.Johnson Says Competing Altcoins...

Read More »

TomoChain Launches LuaSwap: Attempts to Fight High ETH Gas Fees

Ever since last summer, the DeFi space is booming. The total value locked in various protocols has surged to more than $24 billion, up some 4000% in less than a year. But there’s one challenge that many believe is hampering the further growth of the space – sky-high ETH gas fees.The Booming DeFi SpaceThe massive increase in popularity of decentralized finance (DeFi) led to the creation of hundreds of projects, each one battling to garner the user’s trust. One of the more successful ones is...

Read More »

Bitcoin Price Dips Below $30K as Wall Street Opens in Red

It’s a bloody day on the markets across the board. Cryptocurrencies experienced substantial losses, while traditional markets also opened in the red, highlighting the current correlation.Bitcoin dipped below $30,000 while the entire capitalization dropped below $900 billion.Cryptocurrency Markets SufferAs CryptoPotato reported earlier today, Bitcoin continued its regress today, sliding by almost 7% at one point. The cryptocurrency dipped to as low as $29,150 on Bitstamp, and even though it...

Read More »

Nasdaq CEO Says They May Halt Trading in Case of ‘Increased Social Media Chatter’ Following GME Stock Fiasco

The parabolic increase of GME stocks prompted by retail investors and a Reddit group has caught everyone’s attention, including Nasdaq’s CEO Adena Friedman.She mentioned that the giant exchange could look into potentially halting certain stocks from trading if there’s an increased social media chatter.Nasdaq To Halt Stock Trading On Certain Occasions?CryptoPotato reported earlier that retail investors participating in a Reddit group with over two million subscribers worked against Wall Street...

Read More »

Bitcoin Facing Critical Support At $30K, Breakdown Can Lead To $26,000 (Price Analysis)

Bitcoin continues its downtrend movement. Today, the BTC is down almost 7% from the opening price of $32,500, according to Bitstamp. The cryptocurrency failed to close a 4-hour candle above that level yesterday and since then, saw only one direction – down.It eventually plummeted beneath the short-term rising trend line we were tracking over the past few days, which can also be seen as a Head and Shoulders pattern (where the line is served as the neckline). In this case, the target of the...

Read More »