Tags : Breaks

Cryptocurrency

Ethereum (ETH) breaks $4,000 as ‘shorts’ lose $77 million

Ethereum broke the $4,000 level this morning ahead of the upcoming Ethereum Improvement Proposal (EIP)-1559 in July, data from multiple sources shows. The world’s second-largest asset by market cap ($470 billion) and is arguably the most-used blockchain (it settles billions of dollars in transactions each day). ETH’s circulating supply is 115 million and it trades […]Read More

Bitcoin

Bitcoin (BTC) breaks $62,000 to new all-time highs

Bitcoin broke the $62,000 mark this morning to set a new all-time high, data from markets tool CoinGecko shows. The network is now worth over $1.1 trillion, with 18.6 million BTC now in circulation. It traded at $60,000 yesterday but convincingly broke through the $61,700 mark on the back of the Coinbase public listing and […]Read More

Bitcoin

Bitcoin breaks $60,000 a year after ‘flash crash’ to under

Bitcoin, the world’s biggest cryptocurrency by market cap, broke the $60,000 level today driven by futures and spot trading activity. It’s now returned over 990% to investors in the past year, and 8% in the past day. Data showed over $490 million worth of “short” positions, or bets against BTC’s rising prices, were liquidation as […]Read More

Bitcoin

Ethereum breaks $1,700; Bitcoin sees $51,000 resistance

Bitcoin and Ethereum, the world’s biggest cryptocurrencies by market cap, saw a mixed day on Monday as price chopped between a narrow range. Bitcoin fails to break $51k Trading data shows BTC traded in the $49,000-$51,000 range this morning, seeing a daily low of $49,316 in the afternoon and a daily high of $51,300 in […]Read More

Bitcoin

A $40,000 Bitcoin Likely as Price Breaks Critical Support Zone

A relief bounce in the Bitcoin market Thursday did little in offsetting its prevailing correction bias as its price slipped inside a critical support area. The BTC/USD exchange rate touched an intraday low of $45,000 during the early Asian trading session Friday, down by up to 22.90 percent from its record high established earlier this […]Read More

Market

Market Wrap: Crypto Market Cap Breaks $1.5T as Buyers Show

Bitcoin has fully pared losses from Sunday’s dip as the leading cryptocurrency fell from around $48,600 to below $46,000 early Monday morning. As of 21:00 UTC (4 p.m. ET), bitcoin was trading above $48,600 on Coinbase. But the leading cryptocurrency still has yet to trade above the psychologically significant $50,000 mark.  Much of bitcoin’s choppy […]Read More

Bitcoin

Scaramucci breaks down the case for Bitcoin by saying it’s

Anthony Scaramucci, the founder of alternative investment firm Skybridge, says why he’s betting big on Bitcoin. Speaking to Forbes, Scaramucci states that both he and his research team were initially skeptical of Bitcoin. However, following a three-year evaluation process, he concluded it’s “better at being gold than gold.” How Bitcoin won Scaramucci over In overcoming […]Read More