Markets News


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Bitcoin Drops to $10K in Worst Daily Loss in a Month

The cryptocurrency markets are flashing red again Thursday after bitcoin (BTC), the world's largest cryptocurrency by market capitalization, fell by more than $900 in 24 hours.

ball, slide

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Bitcoin's Price Looks Set for a Drop to $10K

Bitcoin is looking south, having retraced more than 50 percent of the $3,000 rally seen in the 10 days to Aug. 6.

bitcoin

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XRP Price Charts First 'Death Cross' Since April 2018

XRP is flashing red this Tuesday morning with a long-term price indicator turning bearish for the first time in over a year.

xrp, crypto

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Bitcoin's Bulls Now Have a Target of $13.2K, Monthly Chart Suggests

Bitcoin now needs to break above $13,200 to revive the stalled bull market, a key monthly chart pattern suggests.

Bitcoin

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Coinbase Backs $4.3 Million Raise for New Crypto Derivatives Exchange

Blade, a crypto derivatives exchange that hasn't yet launched, has already won backing from major investors including Coinbase.

Coinbase CEO Brian Armstrong

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60 Latin American Banks Can Now Use Bitcoin for Cross-Border Payments

Crypto exchange Bitex wants to decrease costs associated with cross-border banking using the bitcoin blockchain.

peruvian dance

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Goldman Sachs Analysts' Slide Suggests Now's a Good Time to Buy Bitcoin

Market intel from Goldman Sachs suggests investors should capitalize on the current price dip and buy bitcoin.

Goldman

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Bitcoin Price Faces Struggle to Hold Above $11K After Range Breakdown

Bitcoin could drop below $11,000 in the next 24 hours, after sellers took victory in a four-day-long tug of war with the bulls.

shutterstock_770476459

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Kakao Teases 2019 Launch of Crypto Wallet, Dapp Partners

Messaging app giant Kakao – which launched its own blockchain in June – has teased the release of a crypto wallet dubbed "Klip" later this year.

Kakao Klip wallet

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Coinbase UK Dropping Support for Cryptocurrency Zcash

The U.K. arm of Coinbase appears to be dropping support for the privacy-focused cryptocurrency zcash.

Zooko Wilcox, CEO of the Electric Coin Company (Credit: CoinDesk archives)