|Day's Range||132.63 - 140.63|
|52 Week Range||18.13 - 401.76|
|Volume (24hr) All Currencies||219.08M|
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the afternoon market action.
Slow and steady wins the race. Bitcoin’s range bound start to the day could provide some much needed support and a move back to $8,400 levels to give the Bitcoin Bulls a reason to return, though we will expect gains to remain capped.
The cryptocurrency space appears to be stabilizing since early February when the price of bitcoin (BTC-USD) completed a massive 65% correction from a parabolic top at around $19,500 per coin. Incidentally, bitcoin’s bottom on February 6th coincided with the record volatility spike in mainstream global equity markets, indicating that the two spaces may have more […] The post Three ICOs to Watch as Bitcoin Nears Support appeared first on Market Exclusive.
Bitfinex issued an email to some of its users today stating the changes in policy. This is a major shift for the company which was known to be lax regarding user information. Some users have taken to Twitter and other social media platforms to protest prompting the company to respond. A copy of the Tweet […] The post Breaking: Bitfinex to share customer information with tax authorities appeared first on Market Exclusive.
The chorus grew loud early last week and the cryptocurrency speculative bandwagon showed signs of becoming crowded again. However, after hitting highs early last week the broad market for digital assets has stumbled and like a kettle of vultures, some are proclaiming dangerous inflection points are being lurched towards as values slope downwards.
Cryptocurrencies, such as Bitcoin, Ethereum, Ripple, Litecoin, and Dash, are taking the world by storm. Indeed, few things have piqued interest during this Fintech-driven time quite like cryptocurrencies.
Bitcoin starts of the day range bound after managing to recover some of the week’s losses on Wednesday. With key resistance levels untested on Wednesday, Bitcoin is going to need to make a move to avoid another pullback later today.
Bitcoin Cash that came into being from a Bitcoin hard fork back in August of last year is about to get its own hard fork as the team look to push Bitcoin Cash to become a more viable option than Bitcoin as an alternative to fiat money and more.
Cryptocurrencies gain early on Thursday after yesterday’s big drop. The major digital assets have dropped in value over the past 12 hours.
Gemini plans to monitor its exchange for potential illicit activities using Nasdaq's SMARTS Market Surveillance technology.
Current market activity indicates that cryptocurrencies are set for “another considerable surge in prices gains” in the near future and Ethereum’s price could reach $2,500 by the end of the year – but investors should exercise caution.
The total crypto market cap has exceeded the $400 billion mark for the first time since March 8. This time, the major altcoins are leading the growth, while Bitcoin has demonstrated a moderate dynamic.
Elizabeth Stark of bitcoin payment software Lightning Labs, which just launched its beta, says the "blockchain, not bitcoin" hype is reversing now.
Bitcoin recovered from a start of a day sell-off this morning as investors look for direction following Wednesday’s sell-off. A move back through to $7,000 levels would be needed to reassert a bullish trend.
CoinDesk data shows that the gap between South Korea's bitcoin prices, and those shown by the global market, closed over the course of February.
February is officially in the books for the crypto markets, though some coins may be left wishing they could turn back time.
Bitcoin’s on the move, while the rest of the crypto majors struggle through the early part of the day. A key test will be for Bitcoin to hold on to $11.000 levels going into the weekend, with a weekend rally giving hope of $12,000 before an end of weekend sell-off.
It’s been a mixed bag this morning across the cryptomarket but, following Bitcoin’s Monday rally, there may be more to come this afternoon.