Tag: crypto

BTC touches $25k as crypto rallies

Bitcoin reached highs of $25,230 across major exchanges, its highest price level in over six months. BTC price moved above its 200-week moving average’ Analysts say bulls could target fresh gains as a bullish signal flashes. Bitcoin broke above $25,000 as the momentum that pushed the flagship cryptocurrency higher on Wednesday continued into Thursday. At […]

Crypto markets rallying but damage remains severe

Key Takeaways Bitcoin is up close to 50% from its lows, but is still down over two-thirds from all-time highs Some on-chain metrics show how much the rally pales in comparison to the prior fall  Positive news from the industry remains few and far between, as market prepares for latest interest rate policy, to be […]

Crypto stocks outlook ahead of FOMC meeting

Bitcoin miners Core Scientific rose 33% as stocks of Bitfarms, Stronghold Digital, CleanSpark all ended the past week higher. Coinbase and Robinhood shares also rose as Bitcoin broke above $23,000. FOMC meeting is this week and the market reaction will be key to what next for Bitcoin and crypto stocks. A number of crypto-related stocks […]

The market saw over 340,000 NFT buyers as crypto rallied

NFT buyers last week rose to 348,426, about 41% up on the previuos week. NFT sales volume also rose, with more than $244 million in sales last week representing a 5.4% increase. Sales (USD) volume and buyers increased in tandem with Bitcoin price hitting levels above $23,000. Non-fungible token (NFT) data from last week shows […]

Half a billion dollars of short sellers liquidated in biggest crypto rally in 9 months

Key Takeaways The cryptocurrency market cap is back above $1 trillion following the biggest surge in 9 months  Half a billion dollars of short sales were liquidated over the weekend, the most in three months Bitcoin is back above $21,000, Ethereum above $1,500, while altcoins have soared Despite powerful bounce, the market is still down […]