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“# Bitcoin support wobbles amid warning BTC price could hit $40K next ” Bitcoin (BTC) could see a price drop to as low as $40,000 if higher support levels fail to hold, an industry CEO said. Speaking to Bloomberg on Tuesday, Pankaj Balani, CEO of digital asset derivatives exchange Delta Exchange, warned that there is a…
“# Gemini reports ‘degraded performance’ in key systems as ETH falls under $4,000 ” Major U.S.-based cryptocurrency exchange Gemini has experienced two service disruptions today and is now reporting degraded performance in its mobile app, web interface, and application programming interface. According to an update on the Gemini status page, the crypto exchange began investigating…
“# Price analysis 5/10: BTC, ETH, BNB, DOGE, XRP, ADA, DOT, BCH, LTC, LINK ” The astronomical rally in Ether (ETH) is not showing any signs of slowing down. The bulls easily cleared the overhead hurdle at $4,000 today, which also pushed the biggest altcoin’s market dominance to over 19%. It is not only Ether…
“# Bitcoin bull run won’t end ‘any time soon’ as whale buying hints at new $52K floor ” As Ether (ETH) passed $4,000 and multiple altcoins saw their own all-time highs on Monday, data shows that there is still more buying appetite to come. Traders prepare to sink funds into crypto A trading frenzy is…
“# Google search interest in Dogecoin outstrips Bitcoin for first time ” Global public interest in Dogecoin (DOGE), as measured by internet search statistics, has exceeded that of Bitcoin (BTC) for the first time. According to data from Google Trends, values assigned to each cryptocurrency for May 2–8 stand at 56/100 points for DOGE versus…
“# Record fundamentals meet $4K Ethereum: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) is off to yet another fighting start on Monday, hitting $59,500 — is this the week we see $60,000? After a promising but restrained weekend, BTC/USD is once again back to beating out resistance as major markets reopen….
“# Binance CEO says volatility ‘is not unique to crypto’: Data shows it’s Bitcoin’s jet fuel ” During an interview with Bloomberg TV on May 3, Binance CEO Changpeng Zhao suggested that Bitcoin (BTC) “is probably less volatile” than the stock prices of Apple (AAPL) and Tesla (TSLA). Zhao argued that crypto’s volatility was not…
“# Ethereum price closes in on $4K as Shiba Inu (SHIB) steals Dogecoin’s thunder ” The crypto market has rallied into the weekend as Ether (ETH), Dogecoin (DOGE) and Shibu Inu (SHIB) hit new all-time highs as they lead the pack of altcoins up the market cap mountain. Much of the excitement behind Dogecoin’s rally…
“# GBTC discount presents a unique challenge for Grayscale and investors ” Since 2013 the Grayscale Bitcoin Trust Fund (GBTC) has offered its investors exposure to Bitcoin (BTC) through a publicly quoted private instrument. However, the trust’s convertibility and liquidity vastly differ from an Exchange Traded Fund (ETF). Trusts are structured as companies, at least…
“# Price analysis 5/7: BTC, ETH, BNB, DOGE, XRP, ADA, DOT, BCH, LTC, UNI ” Goldman Sachs has started offering its clients access to Bitcoin (BTC) trading through non-deliverable forwards, according to Bloomberg Law. Max Minton, Goldman’s Asia-Pacific head of digital assets, said that “institutional demand continues to grow significantly in this space.” Even Citigroup plans…