24Jun/20

Market Wrap: A Sea of Red Across Markets as Bitcoin Drops to $9.2K

Bitcoin started the week with a bullish run, but it has now given back all of those gains. Bitcoin (BTC) was trading around $9,296 as of 20:00 UTC (4 p.m. ET), slippingRead More…

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18Jun/20

Market Wrap: Bitcoin Quiet at $9.3K While DeFi Gets Loud

It’s a lethargic Thursday across most markets, including bitcoin. Yet, on a longer-term view, the big growth story remains the Ethereum network’s DeFi movement, which continues to help drive ether’s performance inRead More…

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10Jun/20

Market Wrap: Bitcoin Briefly Pops Past $10K as Fed Says Rates May Stay Near 0% Until 2022

Bitcoin saw a quick, short-lived run past $10,000 after the head of the U.S. Federal Reserve said Wednesday that interest rates will remain near 0% until the end of 2022 and itsRead More…

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04Jun/20

Market Wrap: Bitcoin Closing in on $9,900 as Crypto Market Volatility Persists

A quick rally followed by a sharp decline earlier this week in bitcoin prices spelled trouble for bulls. However, volatility is back in the spotlight and that could bring other opportunities, accordingRead More…

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15May/20

Market Wrap: Bitcoin Dips as Stock Markets Close Lower on the Week

Bitcoin’s steady price gains over the past few days ended Friday. With the halving in the rearview mirror, cryptocurrency traders could consider the impact of a continued global economic slowdown after newRead More…

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30Apr/20

Market Wrap: There’s a Bright Side to Bitcoin’s Drop on Worsening Unemployment

Bad U.S. jobless data pulled markets lower Thursday, affecting even bitcoin. But there may be a silver lining for the cryptocurrency. At press time, the world’s largest cryptocurrency was up just 1% overRead More…

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24Apr/20

Market Wrap: Bitcoin Steady at $7.5K as Short Sellers Back Off

Since Thursday’s jolt in bitcoin prices, the cryptocurrency has traded in a tight range close to the $7,500 level. It has not only come back from the losses suffered in March, it’sRead More…

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22Apr/20

Market Wrap: Oil Rebounds As Crypto Makes Gains, Especially Ether

The oil markets rebounded somewhat from the stunning, historic lows that started the week. Prices for a barrel of West Texas Intermediate (WTI) have remained generally above $10 Wednesday, with trading up 9Read More…

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16Apr/20

Market Wrap: Ether Making Big Gains as Stablecoins Proliferate on Ethereum

There has been an increase in the number of stablecoins issued over the past month, mainly on the Ethereum network. That popularity may also be lifting ether on Thursday. Ether (ETH) pricesRead More…

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