Cryptocurrency Market

  • Market Cap: $2,203,125,039,707.17
  • 24h Vol: $97,089,312,907.32
  • BTC Dominance: 56.17%

ETH

bitcoin,-ethereum-technical-analysis:-btc-hits-$27,000,-securing-fresh-9-month-high

Bitcoin, Ethereum Technical Analysis: BTC Hits $27,000, Securing Fresh 9-Month High

Bitcoin moved to a fresh nine-month high on Friday, as prices moved above the $27,000 level. The surge comes following the U.S. Federal Reserve’s decision to backstop embattled banks to a record tune of $152.9 billion. Ethereum was also in the green in today’s session. Bitcoin Bitcoin (BTC) rose back above $27,000 in today’s session, […]

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stablecoin-trading-dominates-monday’s-crypto-market,-tether-and-busd-sell-at-premiums

Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums

On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded near parity with the U.S. dollar, and several stablecoins, including tether and BUSD, sold at premiums. Tether reached a high of $1.04 per unit and

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binance-converts-$1-billion-busd-into-bitcoin,-bnb,-and-ethereum

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following the announcement. CZ’s Decision to Convert $1 Billion BUSD Comes Amidst Troubles

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bitcoin,-ethereum-technical-analysis:-btc-back-above-$22,000-as-silicon-valley-bank-depositors-are-rescued

Bitcoin, Ethereum Technical Analysis: BTC Back Above $22,000 as Silicon Valley Bank Depositors Are Rescued

Bitcoin moved back above $22,000, as the U.S. Treasury moved to avert a regional banking crisis, following the collapse of Silicon Valley Bank. The government confirmed that it will backstop depositors’ funds, giving full access to their capital. Ethereum also moved higher on the news. Bitcoin Bitcoin (BTC) rose back above $22,000 on Monday, as

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bitcoin,-ethereum-technical-analysis:-btc-above-$20,000,-eth-beyond-$1,400-on-saturday

Bitcoin, Ethereum Technical Analysis: BTC Above $20,000, ETH Beyond $1,400 on Saturday

Bitcoin rose back above $20,000 on Saturday, despite markets still being spooked by the collapse of yet another banking institution. Silicon Valley Bank was shut down by U.S. regulators on Friday, causing many institutions to lose access to capital. This includes USDC issuer Circle, which led to a USDC depegging. Ethereum also rebounded on Saturday.

Bitcoin, Ethereum Technical Analysis: BTC Above $20,000, ETH Beyond $1,400 on Saturday Read More »

cftc-chair-insists-ether-is-a-commodity,-not-a-security-as-claimed-by-sec-chairman

CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman

The chairman of the Commodity Futures Trading Commission (CFTC) has insisted that ether is a commodity, not a security as claimed by the chairman of the Securities and Exchange Commission (SEC). The CFTC chief stressed that the derivatives watchdog would not have allowed ether futures products to be listed on CFTC-regulated exchanges “if we did

CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman Read More »

bitcoin,-ethereum-technical-analysis:-btc-moves-to-fresh-multi-week-low-following-silvergate-liquidation-announcement

Bitcoin, Ethereum Technical Analysis: BTC Moves to Fresh Multi-Week Low Following Silvergate Liquidation Announcement

Bitcoin continued to trade lower on March 9, as prices fell to a fresh multi-week low in today’s session. The decline came as crypto bank Silvergate confirmed that it will be winding down operations. Ethereum also edged lower. Bitcoin Bitcoin (BTC) fell for a fourth straight session on Thursday, as markets reacted to news that

Bitcoin, Ethereum Technical Analysis: BTC Moves to Fresh Multi-Week Low Following Silvergate Liquidation Announcement Read More »

bitcoin,-ethereum-technical-analysis:-btc-falls-below-$22,000,-as-powell-warns-of-higher-rates

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000, as Powell Warns of Higher Rates

Bitcoin moved below the $22,000 level on March 8, as markets continued to react to U.S. Fed Chair Jerome Powell’s testimony. Speaking in front of the Senate Banking Committee, Powell said he expected rates to be higher than initially anticipated. Ethereum has also slipped on the news. Bitcoin Bitcoin (BTC) dropped below $22,000 on Wednesday,

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000, as Powell Warns of Higher Rates Read More »

bitcoin,-ethereum-technical-analysis:-btc,-eth-stall-ahead-of-powell-testimony

Bitcoin, Ethereum Technical Analysis: BTC, ETH Stall Ahead of Powell Testimony

Bitcoin remained in consolidation earlier in Tuesday’s session, as markets prepared for this afternoon’s testimony from Fed Chair Powell. The head of the U.S. Federal Reserve will be speaking in front of the Senate Banking Committee later in the day. Ethereum was also largely unchanged, as it traded close to a support point. Bitcoin Bitcoin

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bitcoin,-ethereum-technical-analysis:-volatility-in-btc,-eth-remains-high-to-start-the-week

Bitcoin, Ethereum Technical Analysis: Volatility in BTC, ETH Remains High to Start the Week

Bitcoin consolidated for a third straight session, as markets prepared for a big week of U.S. economic data. Later this week, nonfarm payrolls will be posted, with Federal Reserve chair Jerome Powell also speaking in the coming days. Ethereum also fell marginally lower to start the week. Bitcoin Bitcoin (BTC) started the week in consolidation,

Bitcoin, Ethereum Technical Analysis: Volatility in BTC, ETH Remains High to Start the Week Read More »