Markets

Markets

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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)

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Bitcoin Trades Weak After Tuesday’s Leverage Washout, Analysts See More Price Volatility Ahead

After a big decline and leverage washout, traders tend to be less confident and more risk-averse.

Turmoil (Pixabay)

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Crypto Long & Short: The Trouble With Ticker Symbols

Investors are apt to get confused when multiple projects can claim the same ticker without an industry standard for exchanges to assign identifiers.

Jeremy Bezanger/Unsplash