Traders are sitting on the sidelines either way, with buying activity keeping the support of US$40,000 intact for now, but without any major catalyst to see a fresh uptick
Joining in on the tech stock rout, cryptocurrencies were hammered with bitcoin plummeting to around US$42,200 at the time of writing, as what the Fed giveth, the Fed can also…
And while some would suggest that cryptocurrencies finished 2021 on a sour note, with the benchmark bitcoin losing 20% in December alone, the digital asset class has had a stellar…
Rising inflation and speculative forces against a backdrop of low yields is allowing cryptocurrencies to claim an even bigger share of the global investment landscape than would otherwise have been…
The result of the legislative impasse has seen bitcoin shoot past US$49,000 (at the time of writing) for the first time in five days, amid a general rebound in risk…
Bitcoin, which had been trending downwards for the most part of last week dipped below US$46,000 yesterday and is now a full third off its all-time-high clocked in early November.