Last week the crypto market was shining again - most major cryptocurrencies recorded double-digit gains. For instance, Bitcoin's price increased from $8,053.60 to $9,169.50 (+13.86%), Ethereum's price - from $142.24 to $178.97 (+25.82), and Litecoin's price - from $48.87 to $63.17 (+29.27%). However, the top gainer among the major cryptocurrenci...
The cryptocurrency market has again attracted the attention of many people, because most of the major cryptocurrencies registered solid price gains last week. For instance, Bitcoin (BTC) increased from $7,212.70 to $8,442.00, Ethereum (ETH) - from $135.09 to $147.98, Litecoin (LTC) - from $43.22 to $51.76, etc. The positive market sentiment has ...
Escalating political tensions between the USA and Iran significantly increased the demand for safe-haven assets last week. For instance, the price of gold surpassed the level of $1,550.00 per troy ounce, nearing a six-year high. Other safe-haven assets including Bitcoin followed the same price dynamics. The digital gold reached almost $7,500.00 ...
On Monday, December 23, Jon Erlichman, host of the famous show "The Open" on BNN Bloomberg and a fill-in anchor for Bloomberg's global program "Bloomberg Markets", shared a list of some of the best-performing stocks of the past decade on his Twitter account: Source: Twitter According to the list, Netflix was by far the best performer of the d...
On Tuesday, December 17, Fidelity Investments, one of the world’s leading multinational financial services corporations, announced that it is establishing a new entity to offer financial products and services to European institutions interested in investing in digital assets, such as Bitcoin: Source: Twitter The cryptocurrency community welcome...
On Wednesday, December 11, the Federal Reserve left the interest rates unchanged in the 1.5%-1.75% range as expected and indicated that the loose monetary policy in historical terms will continue throughout 2020. On the next day, the Governing Council of the European Central Bank made a decision to continue the accommodative monetary policy as w...
There is a growing concern that the current market price rise could stall above $8,000 and take a while before picking again. Analysts also fear that we could see some small retracement as the prices prepare to climb further up. Currently, Bitcoin seems to have set a very wide gap between it and its close adversary, Ethereum. There are actually ...
On May 17, 2019, at about 10:30 UTC, Bitcoin (BTC) saw one of the greatest declines in prices ever in history. BTC nosedived by about $1,702. This is the largest drop since January 2018. The price of BTC dropped from $7,880 to $6,178 causing some crypto exchanges like BitMEX to liquidate orders. BitMEX is reported to have liquidated about $250 m...