Cryptocurrencies
Bitcoin Tumbles Below $40,000 After China Issues Crypto Warning
Text size A physical imitation of the Bitcoin cryptocurrency. AFP via Getty Images The price of Bitcoin dropped below $40,000 for the first time in months and other cryptocurrencies also dropped after the People’s Bank of China apparently warned against using digital coins as payment. Bitcoin dropped nearly 7% to $40,275 early Wednesday morning, bouncing off …
Ethereum price explodes to new all-time high of $3,000
Ethereum price has set up a fresh new all-time high at $3,000. This record level comes after ETH crashed twice in the past month. A continuation of this rally could propel the smart contract token to $4,295. Ethereum price has hit a new record level despite facing multiple market crashes over the last couple of …
Bitcoin price crashes 14% sending cryptocurrency market into tailspin
Bitcoin price shows massive sell-off as it slid from $60,900 to $51,541. This crash comes after rumors of the US treasury charging several financial institutions for money laundering using cryptocurrency emerge. BTC could bounce around the 61.8% Fibonacci retracement level at $51,240. Bitcoin price is experiencing a massive sell-off, resulting in a breakout of a …
Crypto market tumbles as the CFTC reportedly opens investigation into Binance
The Commodity Futures Trading Commission (CFTC) is reportedly investigating whether Binance lets Amletscans buy derivatives. The cryptocurrency market saw an instant drop after the announcement, with BNB taking the biggest hit, down 10%. The CFTC is also investigating the exchange over KYC regulations and more. The CFTC is investigating Binance on whether the exchange allowed …
Bitcoin, ether hit fresh highs
SINGAPORE (Reuters) – Bitcoin hit a fresh high in Asian trading on Saturday, extending a two-month rally that saw its market capitalisation cross $1 trillion a day earlier. The world’s most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year. Bitcoin’s gains have …
Bitcoin blows past $45,000 to fresh highs above $47,000, driven by Tesla’s investment
The price of bitcoin surged above $47,000 on Tuesday, building on gains following news that electric-car maker Tesla has invested $1.5 billion in the cryptocurrency and may accept it as future payment for products. After reaching a record of near $44,000 on Monday, bitcoin prices BTCUSD, +2.98% hit $45,000, $46.000 and $47,000 later that evening, …
Tesla, FLIR Systems, Bitcoin: What to Watch When the Stock Market Opens Today
Here’s what we’re watching as markets open Monday for the first trading session of 2021. —U.S. stock futures rose on hopes that continued government stimulus and the rollout of coronavirus vaccines will bode well for equities. Futures tied to the S&P 500 rose 0.4% Monday, while contracts lined to the Dow Jones Industrial Average gained …
Bitcoin hits record high on 12th anniversary of its creation | Technology
Bitcoin has surged to a record high amid rising interest from investors and claims that the volatile cryptocurrency is on the way to becoming a mainstream payment method. Having quadrupled in value during 2020, bitcoin began 2021 strongly by breaking through the $30,000 (£22,000) mark for the first time, less than three weeks after first …
ETH bulls cheer break of 17-week-old trend line above $700
ETH/USD refreshes 31-month high after breaking the upside break of four-month-old resistance, now support. Bullish MACD, upbeat RSI and a sustained break of the key resistance line favor bulls. Sellers will have multiple downside barriers, starting from monthly support line, to watch. ETH/USD takes the bids near $713.34 during the early Monday. In doing so, …
U.S. Moves to Seize Cryptocurrency Accounts Linked to North Korean Heists
WASHINGTON—U.S. authorities on Thursday moved to seize 280 cryptocurrency accounts they said were used by North Korean hackers who stole more than a quarter of a billion dollars from cryptocurrency companies around the world, including one in the U.S. The U.S. Justice Department said the accounts targeted in the civil forfeiture filing were used by …