October 2022 / 90 posts found
Bitcoin Cash maintains choppy movement. Are buyers relentless?
Bitcoin Bitcoin Cash has held close to $110 for three months now The cryptocurrency’s price movement has reflected that of Bitcoin BCH has formed multiple bottoms, suggesting a possible price reversal at $110 Bitcoin Cash BCH/USD bulls have been sending a clear message. That they want to keep the $110 level intact. Even when the markets are under pressure, BCH has always held to the level since June. Well, the price dynamics of Bitcoin Cash resemble those of the parent blockchain, Bitcoin. The latter has been the king of crypto. Thus, it is expected that Bitcoin will steal all the headlines in […]
LINK, MATIC, AAVE Prices Set to Explode While ADA, EOS, and TRX Prices May Plunge Hard Soon!
The crypto markets appear to have to withstand significant bearish action in recent times as Bitcoin prices continue to trade beyond $20,000. On the other hand, Ethereum prices also continue to sustain above $1300 due to the fact that the DeFi and NFT spaces are also manifesting acute strength. Amidst the coiling market sentiments, popular altcoins like Cardano, EOS & Tron are expected to drop hard in the coming days. As per the data from Santiment, an on-chain analytical platform, ADA, EOS & TRX are the popular 3 assets that may foresee a reduction in the number of traders’ participation. […]
Uphold Launches Free Bitcoin Trading
Bitcoin SAN FRANCISCO, CA / ACCESSWIRE / October 5, 2022 / Uphold, the digital asset trading platform serving more than 10 million customers worldwide, today introduces free Bitcoin (BTC) trading for its customers in a pioneering move. Uphold customers will now be able to buy and sell Bitcoin free of charge using national currencies such as the U.S. Dollar and the Euro until further notice. Typically, exchanges charge fees of up to 2% on BTC trades, which means that a customer would pay around $40 for a $1,000 round trip purchase and sale of BTC. While not immune to volatility, […]
US CFTC as Crypto’s Regulatory Savior? Crypto Firms Might Not Like What They Get
Just because Rostin Behnam is the rare government official who can casually drop a comment that suggests a future explosion in bitcoin price, doesn’t mean he’s a crypto bro. The chairman of the Commodity Futures Trading Commission (CFTC) is widely seen in crypto circles as a relatively friendly face in government, and Behnam often says things that seem to reinforce that view. Speaking to students at New York University last week, Behnam said he was “cautious to be a cheerleader” for crypto, but described the industry’s explosive growth as “exciting” and “fascinating.” “I think there’s a few folks who wish […]
Tron Could Be Ready For $0.1 After Hard Fight, Here Is Why?
TRX price could be ready for a short-term relief rally as the price breaks out from the downtrend, creating more bullish sentiment for a recovery. TRX looks strong on both low and high timeframes. The price of TRX breaks out on the daily timeframe after forming a descending triangle. Tron (TRX) has struggled to remain bullish against tether (USDT) after seeing its price rejected from a region of $0.11 on several occasions to trend higher. Tron (TRX), despite being loved by the Tron community, the token has had its fair share of the current bear run coupled with the rumors […]
First Mover Americas: Bitcoin Busts Past $20K on Hopes of Fed Pivot
Cryptocurrency Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets. Omkar Godbole was a senior reporter on CoinDesk’s Markets team. Price Point: Bitcoin rises above $20,000, as risky assets climb on the hopes that central banks will pivot away from their money-tightening policies. Market Moves: Bitcoin’s bullish momentum is building. Chart of the Day: Financial stress remains contained, weakening the case for the so-called Fed pivot. This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to […]
Barclays Remains Positive on Bitcoin, Sees Miner Core Scientific as ‘Best-In-Class Leverage Play’
Will Canny is CoinDesk’s finance reporter. Barclays (BCS) says it remains positive about the long-term viability of bitcoin (BTC), and views bitcoin miner Core Scientific (CORZ) as a “best-in-class, leveraged play on the crypto ecosystem.” The crypto winter has clearly been rough for miners, who have seen profit margins shrink as bitcoin prices plunged more than 50% this year, while power prices soared and capital dried up. Despite this difficult macro backdrop, Barclays sees compelling risk/reward for Core at current levels. The shares of crypto hosting and mining company rose about 9.5% in premarket trading on Tuesday, amid a rally […]
