Good morning. Here’s what’s happening:Market moves: Bitcoin was trading at over $36,000 on Sunday after continuing its recent decline earlier in the weekend.Technician's take: BTC is stabilizing on intraday charts, although $30,000 is a more significant level to watch given the decline in long-term momentum.Catch the latest episodes of CoinDesk TV for insightful interviews with … [Read more...] about First Mover Asia: Bitcoin, Ether Regain Ground Sunday After Early Weekend Battering
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Bitcoin Below $40K Before Regaining Ground; Altcoins Fall
“And if you do it right and for long enough, like Ethereum or Binance, you might become too deep-rooted to dispose of. In the current regulatory environment, it is the best chance for blockchain companies to succeed. We did it differently. We tried to do it “right.” And therefore, now, we have to close.” (Entrepreneur Zoe Adamovicz writing for CoinDesk on closing her most … [Read more...] about Bitcoin Below $40K Before Regaining Ground; Altcoins Fall
Bitcoin, Altcoins Regain Ground After Early Weekend Spiral; Trading Volume Levels Off After an Intense Saturday
But unlike the aftermath of the May drop, investors this time have bought up bitcoin quickly. Some, including El Salvador, announced that they have bought “the dip” following the price slump. At the time of publication, bitcoin was trading at $49,179, 0.2% in the past 24 hours, according to CoinDesk data. Ether was at $4,153, up 1.4%. Source link … [Read more...] about Bitcoin, Altcoins Regain Ground After Early Weekend Spiral; Trading Volume Levels Off After an Intense Saturday
Binance losing ground as rival crypto exchanges target sports marketing
Binance, the world’s largest exchange by volume, is reportedly losing ground to rival exchanges.“At one point in the last 30 days, it totaled 58% of the volume among the top five brokers (Binance, Coinbase, Huobi, Crypto.com, and FTX). However, currently, Binance has dropped to 45% while Coinbase, Crypto.com, and FTX gained volume,” a recent report noted.Some attribute this to … [Read more...] about Binance losing ground as rival crypto exchanges target sports marketing
Bitcoin, Ether Lose Ground as Twitter CFO Rules Out Crypto Investment, Dollar Index Hits 16-Month High
Bitcoin was trading 4.3% lower on the day near $60,800, while ether was nursing a 5.3% loss at $4,320 at press time, according to CoinDesk data. Litecoin, binance coin, Polkadot’s DOT token, and prominent decentralized finance coins flashed bigger losses. Source link … [Read more...] about Bitcoin, Ether Lose Ground as Twitter CFO Rules Out Crypto Investment, Dollar Index Hits 16-Month High