Ethereum price declined almost 11% on Monday. It continued its downtrend the next day and retested its daily support level at $2,359. At the time of writing on Wednesday, it hovers around $2,486 level.
Cryptocurrency
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Cryptocurrency is a type of digital currency that generally only exists electronically. Bitcoin and Ether are well-known cryptocurrencies, but there are many different cryptocurrency brands, and new ones are continuously being created.
$TRUMP coin: Is Donald Trump’s meme coin a crypto gimmick or a hidden gem?
US President-elect Donald Trump announced his cryptocurrency “$TRUMP” on Saturday, January 18, ahead of his appointment as the 47th President of the United States of America on Monday, January 20.
Reliance Jio Partners with Polygon Labs to Drive Web3 Adoption for 450 Million Users
In a groundbreaking move, Reliance Jio, the digital arm of Reliance Industries (RIL) and India’s largest telecom operator, has announced a strategic partnership with blockchain company Polygon Labs. This collaboration aims to integrate Web3 capabilities into Jio’s existing ecosystem, offering blockchain-powered solutions to its massive customer base of over 450 million users.
Bitcoin in 2025: Risk or opportunity for the loyal investors?
The halving event, the US Presidential Election and multiple Fed rate cuts highlighted Bitcoin’s bullish momentum in 2024. However, the price action in 2025 offers to be more proactive, especially considering the recent momentum.
Bitcoin Near Approaches $80,000
Bitcoin has surged to a record high of nearly $80,000 due to US President-elect Donald Trump support of digital assets and the possibility of pro-crypto lawmakers in Congress.
Bitcoin’s recognition as ‘digital gold’ undermined by crypto selloff
The cryptoasset selloff is testing the industry axiom that Bitcoin is the equivalent of “digital gold,” and therefore belongs in an asset portfolio to hedge against stock market gyrations, like seldom before.
Crypto Analysis [23-Nov-2022] – Neal Bhai Reports
Crypto Analysis: BTC and Ethereum had another tough weekend. More details were released in terms of FTX’s liabilities, and the market players are still very much sensitive to the FTX news. Traders are concerned about another domino effect, but for now, traders are optimistic that the worst is behind us to a …
Bitcoin Price is ready to target the $60,000 level
Bitcoin price and performance of Asian stock markets are correlated, argued IMF officials. Several countries in Asia have adopted Bitcoin, Ethereum and cryptocurrencies, despite regulatory concerns. The rising risks of Bitcoin usage make it a sensitive environment for crypto in Asia.
The Price of Bitcoin and Gold is also Rising
Gold and Bitcoin — Although we see riskier assets such as equity futures finding more bids today and traders supporting the sentiment and picking up the momentum where they left off last night, Bitcoin and gold prices are also increasing. This is primarily due to the reason that the dollar index has weakened, as we discussed previously.
Bitcoin sank to a more than one-week low
Bitcoin sank to a more than one-week low, buffeted by investor skittishness ahead of a looming Federal Reserve interest-rate hike and amid harsher regulatory scrutiny of the cryptocurrency sector.