Crypto Markets Linger Around Lowest Levels Since Mid-November
The crypto market is hovering around its lowest level since mid-November. As a result, the crypto market has lost more than $8 billion in value in the past 24 hours.
Bitcoins and other Other major cryptocurrencies are down more than 4% at press time. Total market capitalization currently hovers around $300 billion and is still down more than 15% from last week.
The sell-off comes after a period of relative stability for the crypto space. death. Bitcoin (BTC) has been relatively stable over the past few months and is trading in a tight range between $3,800 and $4,200. While some analysts believe these low prices could lead to a further rise in 2018, others argue that it could lead to a bear market again due to competition. harshness from other cryptocurrencies like Ethereum (ETH) and Ripple (XRP).
Cryptocurrency investors eagerly await regulatory news or big plans after several agencies Regulatory authorities around the world have taken action to completely ban ICOs or cryptocurrency exchanges. People's Bank of China (PBOC)
Taking a multifaceted approach to BTCS through a Bitcoin Spark application that facilitates mining and rewarding distribution. It offers processing power to users while bolstering the network’s transaction speed by reducing block confirmation time. It also increases the number of transactions per block by establishing a wider network of nodes.
The cryptocurrency exchange is rumored to be in possession of $81.63 million of ether. The source claims that Voyager has shifted more than 250 billion tokens (worth $2.7 million) and 1,500 ETH valued at $2.77 million to the Coinbase exchange.
I’d like to speak in regards to a chart I recently caught sight of. It revolves around the several twenty-week moving averages (20MA) that are well positioned above current price action.
We are used to the price of Bitcoin constantly hitting new all-time highs (ATH). At this point, it's become so predictable that when BTC hits a new ATH in the near future, it's reasonable to assume that it will be its last.
Hey there. You're a crypto trader or investor and you're looking for ways to improve your trading or investing skills?
Vitalik Buterin, the Ethereum co-founder and inventor of the Ethereum protocol, recently spoke with an audience at Stanford University. One topic he touched on was his thoughts on Sam Bankman-Fried, who some in the crypto community felt to be a big voice in mainstream media but little else.
Sam Bankman-Fried aka SBF is a name that you may remember. He was once the CEO of FTX, a well-known crypto exchange that closed its doors on June 1st after losing nearly $12 million to its users.
The transition from human intelligence to superhuman AI could become a crucial event in Earth’s history. According to Vitalik Buterin, this transition should be regarded as the most pivotal shift in all the events that have occurred on our planet so far.
A recent report compiled by the Brazilian Federal Revenue Service(FRS), indicates that BRL 59,788,750,000 (USD 12 billion) of capital was invested in cryptocurrency operations in June. This was a nearly 11% increase over the transactions recorded in May — an indication of the robust adoption of cryptocurrencies by global investors and companies alike.
The CME Bitcoin futures markets saw their price move remain stagnant on Friday and early Saturday amid a stagnant trading environment.