Market Wrap: Bitcoin Extends Losses While Traders Remain Bullish on Ether
Weekly returns were mixed as some altcoins outperformed. Meanwhile, macro headwinds could cause investors to reduce exposure to speculative assets next year.
Bitcoin Confined to Familiar Range as Stocks Rise Ahead of Payrolls Data
Payrolls data is forecast to show the U.S. economy added 550,000 jobs in November after 531,000 additions in October.
Bitcoin Confined to Familiar Range as Stocks Rise Ahead of Payrolls Data
New data on bitcoin's price movement reveals the cryptocurrency is continuing to trade in a familiar range as traditional markets exhibit improved risk appetite, with investors eyeing the release of the U.S. monthly employment report. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Drops Below $56K as Momentum Slows, Support at $53K
Bitcoin sellers were active Friday, pushing the cryptocurrency toward the bottom of its weeklong price range. Lower support at about $53,000 could stabilize the current pullback. “All About Bitcoin’s” Week in Review panel discusses the week’s events that could have brought BTC to this low point and Square’s pivot after renaming itself as Block.
Silk Road Founder Ross Ulbricht, Who Proved the Case for Bitcoin, Can Do So for NFTs
Ulbricht’s NFT project could be a sea change for credibly neutral charity efforts.
When Will Bitcoin Break Out of Rangebound?
Bitcoin is trading near $57,000 at press time, extending a three-day-long consolidation in the familiar range of $55,800 to $59,300. Mark Elenowitz, president of trading software firm Horizon Fintex, discusses the potential impact of Omicron, inflation worries, regulation, and other factors he’s continuing to watch to indicate a breakout could be near.
Messari CEO Ryan Selkis Reflects on the Year in Crypto
Crypto analytics firm Messari has released its Crypto Theses for 2022, a 150+ page report on key trends, people, companies, and projects to watch across the crypto landscape, with predictions for next year. Messari CEO Ryan Selkis shares insights into the past year in crypto amid mounting regulatory pressure in the space.
First Mover Asia: Markets in Wait-and-See Mode; Bitcoin Hovers Around $57K
The price for the tether-yuan pair fell entering December, as the deadline approaches for Huobi, a popular crypto exchange among Chinese investors, to close the accounts of its existing users in mainland China.
Michael Saylor Calls Bitcoin the World’s Reserve Asset but Not So Good for Buying a Cup of Coffee
The billionaire founder of the business software company MicroStrategy said in a CoinDesk TV interview that bitcoin is the best inflation hedge.
Market Wrap: Bitcoin Vulnerable to Rising Leverage Despite Short-Term Optimism
Analysts are cautiously optimistic about a sustained price rise in bitcoin.
