Cryptocurrency

Bitcoin starts a new week with bullish sentiment back on the radar as $64,000 returns. In a stirring comeback, BTC price action has managed to leave its latest swing lows far behind it, gaining nearly $8,000 versus the pit of last week’s sell-off. Despite some of those gains coming during the weekend, they proved to have […]

Bitcoin’s price tagged $65,000 during the early Asian trading session on May 6 as the 50-day exponential moving average (EMA) held as BTC’s immediate support. Data from Cointelegraph Markets Pro and TradingView showed that the BTC/USD pair turned up from lows of $63,340 on May 6, rising 3.45% to an intra-day high of $65,523. BTC/USD daily chart. Source: TradingView BTC […]

The Bitcoin network has processed its one billionth transaction — marking a huge milestone moment for the network 15 years after its creation. Clark Moody’s Bitcoin dashboard shows that transaction 1,000,000,000 was processed in block 842,241 at 9:34 pm UTC on May 5. Total number of transactions processed on the Bitcoin network. Source: Clark Moody It comes 15 years, four […]

According to Whale Alert, a popular tool for tracking cryptocurrency wallets, a dormant address containing 687 ($43.9 million at current prices) has been activated after more than a decade. The sudden activation comes after the price of the leading cryptocurrency managed to reclaim the $64,000 level. The leading cryptocurrency is currently trading at $64,380, according […]

After several weeks of a proper correction, the main cryptocurrency now seems to be leaving behind this bearish interlude. According to the latest projections from analysts, this fresh wind could well propel Bitcoin to the record highs of $73,000 by the end of May. A prospect that instantly reignites euphoria among bitcoin investors. A Beneficial […]

The Grayscale Bitcoin Trust (GBTC), the largest bitcoin ETF by assets, saw a net inflow of new money from investors, according to Farside Investors, the first daily increase since the product debuted in January. A net $63 million was added on Friday, according to Farside’s tally. The Grayscale product had been the dominant conventional investment vehicle for […]

Block, Inc. (NYSE:SQ) shares rose after the company reported its first-quarter financial results on Thursday. Here’s a look at the highlights. Block reported quarterly sales of $5.957 billion, which beat the analyst consensus estimate of $5.821 billion, representing a 19.38% increase over sales of $4.99 billion from last year. The company reported adjusted earnings of […]

Bitcoin’s tumble is piquing the interest of investors who view pronounced swings in the digital token as a possible precursor for broader changes in risk appetite in global markets. The cryptocurrency has shed about 4% in the past two days following a near 16% plunge in April, the worst monthly drop since Sam Bankman-Fried’s FTX […]

After a week of lower trends, Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) jumped in trading on Friday morning. As of 3 p.m. ET, Bitcoin was up 4.1% versus yesterday’s stock market close, Ethereum had risen 2.6%, and Dogecoin was up 5.6%. And they all moved based on the same piece of information. Unemployment data and crypto Crypto values […]

Bitcoin and Ether options contracts worth a combined $2.4 billion are set to expire on May 3, which could lead to increased market volatility. A Bitcoin options contract is a derivative contract that allows investors to speculate on Bitcoin price movements without owning Bitcoin itself. There are two types: call and put options. Call options give […]