Crypto news

BitcoinAfter a substantial 44% price surge this week, Bitcoin continued to set new ATH prices today at $42,000. The cryptocurrency started the year off underneath the $30,000 level after a strong performance in December 2020.From there, it broke $30,000 last Saturday as it continued to push higher. On Monday, there was a brief spike lower toward $28,000, but this was quickly bought up as traders closed that daily candle above $32,000.Throughout the rest of the week, BTC continued to set new...

After an unplanned four-year holding of nearly 2,000 bitcoins, Finland’s Customs has decided to sell them now. Local authorities seized most of them after Darknet drug-trafficking investigations in 2016, but their value has expanded by about 100x since then.The Right Moment to SellFinland’s Customs is planning to sell 1,981 bitcoins, most of which authorities had seized during drug trafficking criminal investigations. According to a recent news report, most of the confiscated BTC (1,666)...

With Ethereum’s price jumping to nearly $1,300 and nearing the all-time high of $1,450, the number of ETH addresses in profit has reached a 2-year high of over 99%.The Ethereum hash rate has also enjoyed the past several months with gradual increases and a new all-time high above 300,000.0000 GH/s.ETH’s Price Leads To Nearly 100% Addresses In ProfitThe second-largest cryptocurrency by market cap has led the recent altcoin rally with impressive gains. After becoming one of the best-performing...

The past 24 hours have seen almost $1.5 billion in liquidated positions. This is the total for both long and short trades, as Bitcoin’s price went on a rollercoaster.$1.5 Billion LiquidatedCryptocurrency trading has a certain allure to it. After all, in the past 24 hours, we saw Bitcoin’s price go from $40,000 to $36,000 and back above $41,000. The same is true for many other cryptocurrencies.This rampant volatility creates opportunities for serious gains in a short amount of time. However,...

To say that the past 24 hours have been exciting would be a massive understatement. Bitcoin, as well as most of the cryptocurrency market, experienced one of the most tumultuous trading sessions after setting a new ATH above $40,000, crashing by $4,000 and surging back to chart a new high at around $41,000.Bitcoin’s price goes up again. It doesn’t seem to have any intentions of slowing down. Dips are being bought at an unprecedented rate as the price continues to appreciate.Just a few moments...

Bakkt, the Bitcoin futures platform owned and operated by Intercontinental Exchange (ICE), is reportedly planning to go public after a merger with the Chicago-based blank-check company VPC Impact Acquisition Holdings.Bakkt To Go Public?By citing “people with knowledge of the matter,” Bloomberg reported the news earlier, saying that the Bitcoin futures platform is already in talks with VPC Impact Acquisition Holdings.Should both parties indeed proceed with the deal, the sources estimated that...

Bitcoin’s highly volatile price performance continued in the past 24 hours after breaking above $40,000 to a new all-time high and a subsequent massive drop beneath $37,000. Most alternative coins have retraced following the latest rally and have increased BTC’s dominance to about 70%.Bitcoin Falls After The $40K ATHApart from a brief dip beneath $29,000 on Monday, the primary cryptocurrency has been on a roll since the start of the year. Bitcoin bounced off immediately from the drop,...

Bitcoin cash price started a strong increase above the $400 resistance against the US Dollar.The price surged towards the $500 resistance and settled well above the 55 simple moving average (4-hours).There is a key rising channel forming with support near $420 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a fresh increase as long as it is above the $420 and $400 levels in the near term.Bitcoin cash price started a strong increase above $400 against...

Bitcoin is currently trading at around $38,200 as it pulls back slightly after blasting past $40,000 during late trading on Thursday, January 7. At current prices, the asset is up 33% since the same time last week and it still doesn’t look like it is ready to correct yet.Looking at centralized exchange movements could indicate when the inevitable correction will occur and eToro’s Mati Greenspan has observed that Bitcoin volumes across exchanges have just doubled its previous all-time...

2021 has started off well for most of the crypto ecosystem, except for Ripple. The company is on the verge of one of the riskiest lawsuits in the history of the industry, and the pessimism surrounding its XRP token has led it into a downward spiral that is causing significant losses to those who still are enrolled in the XRP Army.Ripple has tried to tackle this situation in many possible ways, from investing in lobbies and external audits, to even contemplating a relocation. And even during...