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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01Apr/20

Bitcoin Takes Tumble, Traders Fret Correlation and Next Month’s Halving

Bitcoin and ether are trending down as traditional markets closed in the red Wednesday.  On a 24-hour basis, bitcoin (BTC) was in the red 4 percent Wednesday afternoon Eastern time and etherRead More…

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