Markets

Markets

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Huobi to Gradually Expel Its China Users in Wake of Ban; Token Slides to 8-Month Low

Huobi token’s price hits the lowest since late January

The price of Huobi's exchange token, HT, sunk to its lowest since January. (TradingView)

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Market Wrap: Bitcoin Stabilizes After China Crypto Ban Sell-Off; Volatility to Remain Elevated

Cryptocurrency trading has calmed, but analysts expect further volatility.

Bitcoin 24-hour chart (CoinDesk)

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Bitcoin Drops $2K as China Declares Cryptocurrency-Related Business Illegal

Bitcoin erased Thursday’s 3% gain as PBOC stepped up its crackdown on crypto

Bitcoin's daily chart (TradingView)

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Altcoins Surge as Crypto Market Regains Steam

AVAX climbed 24% to hit a record of $79.58.

24-hour AVAX price chart (Messari)

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Bitcoin to Remain Resilient to Fed’s Impending Taper: Analysts

Analysts say regulatory uncertainty, not tapering, could present downside risk to bitcoin.

Federal Reserve Chair Jerome Powell speaks Wednesday at a press conference following the conclusion of the central bank’s two-day monetary-policy meeting. (FederalReserve.gov screenshot)

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Bitcoin Bounces Off 6-Week Low, Tracking Recovery in Stocks

“The long-term uptrend still has a hold on bitcoin,” one analyst said.

Bitcoin's daily chart (TradingView)

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Bitcoin Slips Below $45K as S&P 500 Futures Drop, Stablecoin Regulation Fears Resurface

September dips paved the way for larger bull runs in 2013 and 2017.

The U.S. Federal Reserve building in Washington.

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Bitcoin Continues to Chop Around $48K as Ether’s Exchange Outflows Spike

Bitcoin lacks clear direction bias while centralized exchanges see record ether outflow.

Roundabout in Valencia, Spain

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Bitcoin’s Blockchain Data Indicates Renewed Institutional Appetite, but Macro Risks Prevail

Renewed whale accumulation does not mean immunity from escalation in Evergrande’s crisis and strong U.S. economic data.

Bitcoin large transaction volume (IntoTheBlock)

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Bitcoin Coasts Long-Term Moving Average as Investor Holdings Increase

The bullish market structure remains intact for the short-term, according to some.

Road to Uzés, France. (Simon Rae/Unsplash)