Market Wrap: Bitcoin Flat; Fed’s Powell Grilled on Crypto
The Federal Reserve chief signaled the U.S. central bank isn’t likely to dial back monetary stimulus anytime soon.
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Jul 14, 2021 at 8:43 p.m. UTC
Jul 14, 2021
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Frances Yue
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Market Wrap: Bitcoin Weakens as US Inflation Hits 13-Year High
Buyers are snapping at bitcoin whenever it dips to $30,000, but the cryptocurrency’s price response to faster inflation readings is puzzling Wall Street analysts.
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Jul 13, 2021 at 8:42 p.m. UTC
Jul 13, 2021
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Market Wrap: Bitcoin Drops as Traders Await June CPI Inflation Report
Analysts described the muted activity in spot, derivative and on-chain metrics as "calm before the storm."
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Jul 12, 2021 at 8:31 p.m. UTC
Jul 12, 2021
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Crypto Funds See Net Outflows of $4M
Bitcoin saw the quietest trading week since October.
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Jul 12, 2021 at 3:47 p.m. UTC
Jul 12, 2021
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Market Wrap: Bitcoin Rises After Volatile Week
Analysts see the possibility of further selling pressure despite short-term relief.
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Jul 9, 2021 at 8:36 p.m. UTC
Jul 9, 2021
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Market Wrap: Bitcoin Sells Off as Regulatory Concerns Resurface
“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm.
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Jul 8, 2021 at 8:25 p.m. UTC
Jul 8, 2021
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Circle CEO Says USDC to Take High Road, But It's a Long Road
Jeremy Allaire made the promise at a time when investors have been demanding more transparency around USDC.
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Jul 8, 2021 at 5:58 p.m. UTC
Jul 8, 2021
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Market Wrap: Ether Outperforms Bitcoin as Crypto Sentiment Improves
Ether is attempting to break above the 50-day moving average for the first time since March.
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Jul 7, 2021 at 8:24 p.m. UTC
Jul 7, 2021
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Bitcoin Miner Profitability Could Double After Record Drop in Network Difficulty
Mining economics have improved significantly, according to one analyst.
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Jul 6, 2021 at 9:31 p.m. UTC
Jul 6, 2021
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Market Wrap: Bitcoin Consolidates Amid China Crackdown
China’s announcement preceded choppy price moves around $34,000, which left traders with little sense of direction.
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Jul 6, 2021 at 8:39 p.m. UTC
Jul 6, 2021