Ethereum’s Ether token (ETH) enjoyed a "massive" rebound towards $3,000 on Aug. 5 as optimism flowed in after its London hard fork went live.ETH/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed ETH/USD climbing swiftly to local highs of $2,820 on Bitstamp Thursday.The sudden burst of enthusiasm countered a … [Read more...] about Ethereum approaches $3K resistance as Bitcoin price rebounds toward $40K
Rebounds
Elon Musk scales back Dogecoin hype while DOGE price rebounds 23%
Hours ahead of Elon Musk’s appearance on Saturday Night Live, the Tesla CEO appeared intent on cooling the flurry of hype he’d created around the meme cryptocurrency Dogecoin (DOGE). Months of light-hearted build-up lead to a sobering punchline on Thursday, as Musk reminded TMZ viewers that cryptocurrency investments remained speculative. Responding to whether he thought … [Read more...] about Elon Musk scales back Dogecoin hype while DOGE price rebounds 23%
Bitcoin rebounds to $56K as Dogecoin price halts at 420% weekly gains
Bitcoin (BTC) saw a staunch comeback on Tuesday thanks to fresh bullish news from PayPal combined with solid on-chain indicators. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView#Doge420 aims to sprout $4.20 DogecoinCointelegraph Markets Pro and TradingView showed BTC/USD bouncing to $56,000 during Tuesday trading, hours after hitting local lows of $53,300.With … [Read more...] about Bitcoin rebounds to $56K as Dogecoin price halts at 420% weekly gains
Bitcoin rebounds above $55k as Tesla starts accepting BTC
Bitcoin (BTC) price has soared above $55k after Tesla CEO Elon Musk announced that the company would accept BTC as payment for its electric cars Bitcoin price is looking to bounce higher above $55k after a sharp sell-off on 22 March had sent it towards lows of $52,000. The benchmark cryptocurrency has gained about 4.5% in the past 24 hours, turning green over the weekly … [Read more...] about Bitcoin rebounds above $55k as Tesla starts accepting BTC