Bitcoin (BTC) was declining toward the $44,000-$45,000 support zone at the time of writing and is roughly flat over the past 24 hours. Indicators suggest a possible price bounce, albeit limited toward the $55,000 resistance level.BTC has been stuck in a month-long trading range after a near 20% crash in early December discouraged some buyers. Since then, the relative strength … [Read more...] about Bitcoin Declines Toward Support at $44K-$45K as Analysts Await Price Bounce
Declines
Crypto Mining Stocks Extend Declines as Bitcoin, Ether Prices Fall
On Monday, large-cap miners such as Marathon Digital (MARA) and Riot Blockchain (RIOT) both fell more than 5% early on Monday, although Marathon eventually recovered most of those losses. The shares of other miners such as Argo Blockchain (ARBK), Hut 8 (HUT), Hive Blockchain (HIVE), Cipher Mining (CIFR) were down 9%, 3%, 6% and 12% respectively. Source link … [Read more...] about Crypto Mining Stocks Extend Declines as Bitcoin, Ether Prices Fall
First Mover Asia: Bitcoin Declines After Reaching a Record High; Ether Also Drops
Good morning, Here’s what’s happening this morning:Market moves: Bitcoin soared past $69K before dropping below $65K.Technician’s take: Intraday charts are showing initial signs of upside exhaustion.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $64,626Ether (ETH): $4,613Market movesBitcoin faced … [Read more...] about First Mover Asia: Bitcoin Declines After Reaching a Record High; Ether Also Drops
Robinhood Shares Fall as Crypto Trading Revenue Declines Sharply
Robinhood (NASDAQ: HOOD) shares fell about 8% in after-hours trading Tuesday after the zero-commission trading platform missed badly on revenue expectations as its cryptocurrency revenue fell sharply from the second quarter’s record high.Robinhood said its crypto revenues fell to just $51 million in the third quarter, down from a record $233 million in the second quarter. The … [Read more...] about Robinhood Shares Fall as Crypto Trading Revenue Declines Sharply