cryptocurrencies

Bitcoin Struggles Within Choppy Range, Could Stabilize at $30K

Upside appears to be limited.

“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm.

The central bank stressed that cryptocurrencies are not legal tender in Thailand.

There’s a troubling cultural trend around cryptocurrency, one that encourages retail investors to “ape into” the market in search of riches.

By Daniel KuhnJul 8, 2021

Sellers are in control after bitcoin broke below a series of higher price lows from the June 22 shakeout around $29,000.

Several other risks in the crypto markets were identified by the union's members including shallow liquidity and a lack of legal parameters.

Ether is attempting to break above the 50-day moving average for the first time since March.

Independent deputy Jose Luis Ramon said his bill would promote greater autonomy and self-governance for Argentina's citizens.

The country's prosecutor general said crypto is increasingly used for bribes.

The month-long consolidation and declining volume suggest a volatile price move could occur as traders await confirmation of a decisive breakout.

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