Criptos News

Latest news about blockchain and cryptocurrencies

Crypto Market Sentiment Up; Tether Wins Week, Bitcoin Loses Day

The market sentiment has continued to make small steps upwards since last Monday, potentially breaking a record in the number of individual coins in the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins is currently 6.36, compared to 6.27 we saw last week, per the data provided by the crypto market sentiment analysis site… Read more →

Bitcoin and Ethereum Remain Well Bid, DOGE Hits New ATH

Bitcoin price recovered above the USD 56,000 and USD 57,000 levels. BTC is currently (12:00 PM UTC) consolidating gains above USD 56,500. If the bulls gain momentum above USD 58,000, there could be a sharp upward move. Similarly, most major altcoins are showing positive signs. ETH is facing strong resistance near USD 2,280 and USD 2,300. Read more →

Bitcoin Sell-off Postmortem: Euphoria Exhaustion & FUD Behind Massive Liquidations

While no one clear reason is apparent for the sharp bitcoin (BTC) correction this past weekend, analysts do not seem to have been surprised, with some finding it "inevitable." For the cause behind the wave of liquidations, that made the sell-off even worse, many cite euphoria depletion, unverified money laundering crackdown reports, and a power outage in China -… Read more →

Chinese Central Bank Calls Bitcoin an ‘Investment Alternative’

China may be softening its tone on cryptoassets, almost four years after it exacted a crackdown on bitcoin (BTC), altcoins and crypto exchanges, with encouraging remarks from Li Bo, the new deputy governor of the central People’s Bank of China (PBoC). Li Bo was quoted by multiple media outlets, including CNBC and the South China Morning Post as making remarks about BTC,… Read more →

Bitcoin, Ethereum and Altcoins Trim Losses, DOGE Rallying Again

Yesterday, bitcoin price saw a nasty decline of over USD 8,000. BTC even tested the USD 51,500 support before the bulls appeared. It recovered some of its losses and it is currently (04:30 UTC) showing positive signs above the USD 56,500 pivot level. Similarly, most major altcoins are trimming losses. ETH tested the USD 2,000 support zone and recovered above USD 2,250. Read more →

US Lawmaker Warns Treasury Secretary and Fed Chair Not to Ignore Bitcoin or America Will Fall Behind

Congressman Kevin McCarthy has urged Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell not to ignore bitcoin like they have been trying to do. He believes it is the future, emphasizing, “I do not want America to fall behind” other countries. Government and the Fed Should Not Ignore Bitcoin GOP leader Kevin McCarthy […]… Read more →