BitMEX founder Arthur Hayes considers the possibility that Bitcoin has already printed a bear market trough, saying three key players likely ran out of BTC to sell. In a new blog post, the crypto veteran identifies three groups of investors who have been forced to part with their Bitcoin treasures this year due to the …
The price of Bitcoin (BTC) had a mixed reaction on Dec. 9 after the November U.S. producer price report showed a 7.4% increase from 2021. The data suggests that the wholesale costs have continued to rise and inflation may last longer than investors previously believed. Oil prices are also still the focus of investors’ minds, …
Bitcoin Price Liquidation Risk Rises as BTC Struggles to Recover $18,000 Read More »
Bitcoin and Ethereum traded lower on Monday evening as the global cryptocurrency market capitalization fell 0.75% to $853 billion as of 7:17 p.m. EST. Price performance of major coins Piece of money 24 hours 7 days Price Bitcoin BTC/USD -0.6% 4.7% $17,005 Ethereum ETH/USD -1.3% 7.7% $1,262.70 Dogecoin DOGE/USD -2.5% 6.5% $0.10 Top 24 hour …
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN Business — The collapse of FTX has sent the price of bitcoin and other cryptocurrencies plummeting by more than 60% this year…and the carnage has spread to publicly traded companies …
Is the worst over for bitcoin and the rest of crypto? | CNN Business Read More »
This week in parts. Illustration by Mitchell Preffer for Decrypt. If last week was a mixed bag flatness for the largest parts, this week offered the first real signs of gains from the disaster of FTX spiraling into bankruptcy. Bitcoin (BTC) has risen 2.7% in the past seven days and is currently trading at around …
The major coins were seen rising on Tuesday evening as the global cryptocurrency market capitalization rose 2% to $804.9 billion as of 8:33 p.m. EST. Price performance of major coins Piece of money 24 hours 7 days Price Bitcoin BTC/USD 2.3% -3.8% $16,193.39 Ethereum ETH/USD 2.4% -ten% $1,131.27 Dogecoin DOGE/USD 4.1% -9.75% $0.08 Top 24 …
