Markets


Markets

Bloomberg Foresees Bitcoin Rallying to $400K This Year

Analysts at Bloomberg Crypto argue the largest cryptocurrency might be due for a run analogous with the steep rallies of 2017 and 2013, following prior "halvings" on the blockchain network.

Bitcoin price trend chart, from Bloomberg Crypto.

Markets

NFT Frenzy Shows Signs of Cooling but Don't Call It a Market Crash

NFT prices are falling, but it doesn't point to a market crash as investors eye long-term value.

Sales and prices are declining for non-fungible tokens, such as tokenized weird art, but it's premature to call it an NFT market crash.

Markets

Bitcoin Still Has Support From Long-Term Uptrend, Says Technical Analyst Katie Stockton

Despite short-term volatility, bitcoin's uptrend remains intact. And some traders could be shifting to altcoins.

BTC daily chart

Markets

Bitcoin Weakens Amid Slower Volume; Support Around $54K

Volume has significantly slowed over the past two weeks, which is typical of a consolidation phase and could lead to sharp price moves.

BTC Four-Hour Chart

Markets

Bitcoin Drops 6% in Korea, Shrinking the 'Kimchi Premium'

Bitcoin lost ground after Upbit suspended KRW deposits and withdrawals.

kimchi-2449656_1920

Markets

Crypto Asset Flows Bounced Back Last Week, Ending Record $4.5B Quarterly Haul

Inflows to crypto funds jumped from a five-month low of $21 million the prior week.

Crypto asset fund flows

Markets

Bitcoin Analysts Say 'Kimchi Premium' Isn't Distress Signal It Once Was

Bitcoin is drawing the highest "kimchi premium" in three years, indicating retail frenzy in South Korea.

The South Korean Financial Services Commission is extending a ban on short-selling after last week's GameStop share price pump.

Markets

XRP Rises Above $1 for First Time Since March 2018, Despite SEC Shadow

The XRP token's price continues to draw support from a community of loyal and devoted cryptocurrency traders.

(PhotoMosh)

Markets

Bitcoin Rangebound With Support Near $57,900

BTC continues to consolidate, although selling pressure remains limited to rising support levels on intraday charts.

BTC hourly chart

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