Weekend Recovery: Bitcoin Rebounds $3K After Hitting 16-Day Low, ETH Eyes $1,500

Following more adverse developments in which BTC dipped to $44,000 as of yesterday, the asset has reclaimed some ground by overtaking the $47,000 mark. Most altcoins have also taken a breather after the latest beating, with Cardano and Polkadot exploding with double-digit percentages. Bitcoin Recovers $3K After Hitting 2.5-Week Low The working week didn’t go … Read more

Bitcoin Drops Below $50K, Major Altcoins in Red: Market Watch

After another unsuccessful attempt to decisively overcome the $50,000 price mark, Bitcoin has fallen to $49,000 again. Altcoins, which showed brief signs of recovery yesterday, have dropped again, with Ethereum beneath $1,600 and BNB back to $240. Bitcoin Drops Below $50,000 Again The past several days didn’t go well for the bitcoin bulls as the … Read more

US Secretary of Treasure Yellen Says Bitcoin is Inefficient for Transactions

Janet Yellen, the recently-appointed Secretary of the US Treasury, doubled-down on her belief that BTC is frequently used in illicit transactions, while it fails as an efficient form of payment. Interestingly, her comments came as the price of the asset slumped by more than $11,000 in a day to below $48,000. Yellen On Crypto And … Read more

Crypto Market Cap Lost $70 Billion as Bitcoin Drops Below $56K (Market Watch)

Following the latest all-time high above $58,000, bitcoin retraced by over $3,000 to a low of $55,000. Most alternative coins have also lost some steam, with Ethereum dipping below $1,900. XRP is among the few exceptions with a 10% surge to $0.58. Meanwhile, the total market cap has dropped by around $70 billion. $3,000 Drop … Read more

Top 5 Crypto Picks Besides Bitcoin to Look at in The Last Week of Feb

This week was very interesting in the cryptocurrency market. Many things happened. Bitcoin reached a new all-time high, but so did a lot of other cryptocurrencies. All of the top picks we wrote about last week performed very well amid the booming bull market, and today we take a look at the top 5 altcoins … Read more

Almost $1.8 Billion Liquidated Following Crypto Market’s 24-Hour Roller Coaster

The cryptocurrency market is well-known for its intense price fluctuations, and the past 24 hours provided more proof. With BTC and most altcoins charting double-digit moves in both directions, this resulted in $1.74 billion liquidated on exchanges. The primary cryptocurrency had just painted a new all-time high (at the time) of about $57,600 before a … Read more

Bitcoin Dipped $3500 Following New ATH At $57,500: ETH Below $2K Again (Market Watch)

After the latest price record above $57,500 and a subsequent sharp drop to $54,000, bitcoin has calmed around the $56K price mark (as of now). Most alternative coins have charted declines over the past 24 hours, except for UNI, which painted a new ATH north of $32. Bitcoin Stalls After The Latest ATH Set At … Read more

Crypto Market Cap Breaks $1.7 Trillion: Polkadot (DOT) Now Top 4 After 20% Gains

Another day brings more breached milestones for the crypto field as the market cap has exploded above $1.7 trillion for a new record. This comes following ATHs for Bitcoin above $56,000, Ethereum (north of $2,000), and numerous other altcoins heading towards uncharted territory as well. Bitcoin Sees Yet Another ATH It was just earlier this … Read more

Binance Coin (BNB) Overtakes Tether For Third-Ranked Crypto Asset

Yesterday, Binance Coin closed at around $200 a coin, and within another 24 hours, the exchange token is already trading at another $100 higher. The surge in price and corresponding FOMO has also caused the cryptocurrency token to climb the top ten assets by market cap, making it to the number three spot. Here’s why … Read more

Bitcoin Crosses $1 Trillion Market Cap as ETH Eyes $2K: The Weekly Market Recap

This is one of the most monumental weeks in Bitcoin’s history. Today, February 19th, 2021, for the first time ever, the cryptocurrency’s market capitalization surpassed $1 trillion. That’s right! Bitcoin became a trillion-dollar asset! This became possible after a dynamic week of trading where BTC’s price surpassed $50K for the first time in history. Just today, … Read more