Posts in category

price


The price of ether (ETH), the world’s second-largest cryptocurrency by market capitalization, sank nearly $30 today, effectively erasing half of the 35 percent rally recorded last week. At press time, ETH is trading across exchanges at an average price of $196 – down $28 and 11 percent on a 24-hour basis, according to CoinDesk’s Ether …

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The number of short orders placed on bitcoin is less than 3 percent – or 1,196 orders – away from setting a new all-time high, according to data from cryptocurrency exchange Bitfinex. As of 16:00 UTC Tuesday, there are 39,524 short orders outstanding, marking its highest level in more than four months. Shorts have only …

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Bitcoin’s price rose above $6,500 Thursday, offering some respite for the badly battered bulls. The world’s largest cryptocurrency by market capitalization had fallen to $6,138 Wednesday at 16:00 UTC – its lowest level in 26 days, according to Bitfinex data. Yet, bitcoin’s price was last seen at $6,500, up 5 percent from its most recent low. …

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The total market capitalization for all cryptocurrencies just fell to its lowest point in 2018. The developments come after the US Securities and Exchange Commission (SEC) delayed a decision on a proposed bitcoin exchange-traded fund (ETF). The news triggered a market reaction, ultimately sending the total value of all cryptocurrencies down to $228,528,969 on Wednesday – the …

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A CoinMarketCap “data issue” caused significant artificial inflation of several coins listed on the platform on Friday, with some prices inflated by nearly 1000 percent. While bitcoin’s price spiked 12 percent on the crypto data site, other coins saw more drastic increases. The price of aeternity, the eighth most valuable cryptocurrency, increased more than 951 …

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Bitcoin’s (BTC) price pullback from the recent highs above $8,500 is increasingly looking like a short-term bear market, technical chars indicate. The leading cryptocurrency fell to a two-week low of $7,282 earlier today on Biffinex and was last seen trading at $7,350 – down 3 percent on a 24-hour basis. The sell-off from the recent …

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Bitcoin (BTC) could be in for a minor bout of consolidation as the technical charts show indecision in the marketplace following an 11 percent drop from the recent highs above $8,500. At press time, the cryptocurrency is trading at $7,600 on Bitfinex, having clocked a nine-day low of $7,469 earlier today. A minor correction was …

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Bitcoin’s price risks deeper losses below $8,000 as the bears seem to be winning a four-day-long tug-of-war with the bulls. At press time, BTC is changing hands at $7,950 on Bitfinex – down 2 percent in the last 24 hours – having clocked a low of $7,930 earlier today. The cryptocurrency has been largely restricted to …

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You may have heard of a lagging or leading indicator before. Maybe your friends have tossed around terms like bullish or bearish divergences, oversold or overbought conditions and what signals you should use to enter or exit the market. While there are many tools that can assist with this, one often overlooked indicator is called …

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When it comes to making big money in trading, the trend is your friend. But spotting the trend when it is in the nascent stage is challenging, and running along with it right up to the top is an even bigger challenge. That’s because asset prices rarely see a 90-degree rally or collapse. More often than …

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New research suggests that prices for high-end graphics cards – coveted by both cryptocurrency miners and gamers alike – are falling. The research was conducted by John Peddie Research, a tech marketing and consulting firm based in California. As tech publication Computerworld reported on Tuesday, the report shows higher-priced products from Advanced Micro Devices (AMD) …

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Token creation platform Bancor has gone offline following a “security breach” that took place Monday morning. Bancor posted on Twitter that it took its platform offline following the security incident, stating that “no user wallets were compromised.” “To complete the investigation, we have moved to maintenance and will be releasing a more detailed report shortly. …

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Signs are beginning to emerge that bitcoin’s sell-off today may be overextended. After hitting a 70-day low of $6,133 on CoinDesk’s Bitcoin Price Index (BPI), bitcoin’s relative strength index (RSI) hit a level (26.4) last seen in August of 2016, according to data from the Bitfinex exchange. The relative strength index, or RSI, is used for identifying …

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Bitcoin’s price rose 33% against the U.S. dollar in April, making it the best month of 2018 for the world’s largest cryptocurrency. Data from CoinDesk’s Bitcoin Price Index (BPI) shows that May began with bitcoin’s price at the $9,244.32 mark – a 33% jump from its April 1 start of $6,926.02. This marks the greatest …

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The price of ether, the cryptocurrency of the ethereum network, fell below $400 on Thursday for the first time since November. Ether hit a low of $387.85, according to CoinDesk data, and as of press time is trading at roughly $393. On GDAX, the cryptocurrency exchange operated by startup Coinbase, ETH is trading at around …

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Bitcoin’s price is back below $8,000, a move that comes amid a broader decline in the global cryptocurrency market. After opening at nearly $8,500, according to CoinDesk’s Bitcoin Price Index (BPI), the price of the world’s largest cryptocurrency by market capitalization had fallen more than $500 to 7,876.68 by 17:30 UTC. As of press time, …

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Bitcoin’s price nearly hit $9,000 on Thursday, a move that came hours after the cryptocurrency briefly went back above $10,000. According to CoinDesk’s Bitcoin Price Index (BPI), the price hit a low of $9,075.87 before recovering. At press time, the cryptocurrency’s value is hovering around $9,287.00. The development is a notable one, coming roughly a day …

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Bitcoin’s price fell sharply during trading on Wednesday, dropping more than $1,000 amid reports of exchange issues. As of press time, CoinDesk’s Bitcoin Price Index (BPI) hit a low of $9,494.45 – representing a decline of more than $1,200 from the day’s opening price of $10,709.53. The sharp drop is notable, considering that the cryptocurrency’s …

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Bitcoin jumped nearly $2,000 from its intraday low Tuesday, making up some of the losses it sustained from 2018’s January correction. As of press time, bitcoin was trading around $7,595, after hitting a low of $5,947 a little over 12 hours ago. The world’s largest cryptocurrency by market cap opened at just under $7,000 on …

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As might be expected, Tuesday’s Senate hearing on cryptocurrency regulation touched on an oft-discussed facet of digital assets: their price volatility. Appearing before the Senate Banking Committee, Securities and Exchange Commission chair Jay Clayton and Commodity Futures Trading Commission chair J. Christopher Giancarlo were asked about their views on the zigzagging prices, as well as …

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