Showing news for Market Update

February 15, 2022

Crypto Gifts Surge 1,082% at Fidelity’s Philanthropic Powerhouse

As cryptocurrencies boomed last year, boosting the wealth of investors in the asset class,...

February 15, 2022

Bitcoin Climbs Back Above $44,000 as Appetite for Risk Returns

Bitcoin rose to more than $44,000 for the first time since the end of last week as optimis...

February 14, 2022

Tech Stock Turmoil Outstrips Bitcoin Volatility in Rare Reversal

The world’s largest cryptocurrency has been a relative snoozer six weeks into 2022.

February 11, 2022

Bitcoin Stages Stealth Rally With Third-Straight Weekly Gain

While Bitcoin’s price has meandered the last few days, the largest cryptocurrency by marke...

February 8, 2022

Singapore Crypto Investment Jumped to a Record in 2021, KPMG Says

Investment in the cryptocurrency and blockchain sector in Singapore jumped more than 10 ti...

February 7, 2022

Bitcoin Notches Longest Rally Since September; Shiba Inu Jumps

Bitcoin rose for a fifth consecutive day, the longest winning streak since September, as i...

February 7, 2022

Bitcoin Tops 50-Day Average for First Time Since November

Bitcoin rose above its 50-day moving average on Monday for the first time in more than two...

February 4, 2022

Bitcoin Climbs Back Above $40,000 as Risk Appetite Returns

Bitcoin gained the most in more than three months as investors show signs of renewed risk ...

February 4, 2022

Bitcoin, Ether Advance as Amazon Share Surge Buoys Tech Stocks

The top cryptocurrencies gained on Friday as strong earnings from Amazon.com Inc. bolstere...

February 2, 2022

Bitcoin’s Trendline From Peak Keeps Pressure on Token

Bitcoin continues to trade below a valid line of resistance drawn from the token’s record ...

February 1, 2022

Bitcoin’s Record Casts Long Shadow Over Its Recovery Odds

Bitcoin’s recovery from a January low of $32,970 is butting up against a trendline that ha...

January 28, 2022

Crypto Exchange Bakkt Has Tumbled 90% Since October Debut

Shares of digital-asset marketplace Bakkt Holdings Inc. have dropped to all-time lows, wip...

January 25, 2022

Bitcoin’s Price Tumble Tests Resilience of Crypto Miners

Bitcoin miners are facing a crucial test in the wake of the token’s 50% plunge from an all...

January 24, 2022

Bitcoin’s New Floor Is $30,000 as 50% Rout Destroys Old Supports

Bitcoin’s plummet has pushed it through just about every recent technical support level, f...

January 24, 2022

Crypto Losses Deepen With Bitcoin Tumbling Below $34,000

The selloff in cryptocurrencies gained new momentum on Monday, with Bitcoin tumbling to a ...

January 22, 2022

Bitcoin, Ether, Memecoins Steady After Tumbling in Crypto Rout

The selling pressure in the global crypto market eased Monday after massive declines acros...

January 21, 2022

Crypto Selloff Pushes Bitcoin to a Six-Month Low of $38,000

Bitcoin tumbled in an extended selloff for cryptocurrencies, falling past $38,000 to its l...

January 21, 2022

Bitcoin Chart Hints at Possible Floor for Slide

Bitcoin’s weekly relative strength index -- an indicator of its momentum -- has fallen to ...

January 19, 2022

Biggest Bitcoin Fund Sinks Near 30% Discount in Crypto Rout

One of the biggest casualties of the cryptocurrency selloff is the Grayscale Bitcoin Trust...

January 12, 2022

Bitcoin Climbs After Inflation Jump Rekindles Hedging Debate

Bitcoin climbed above $44,000 for the first time in a week as the most U.S. inflation in f...

January 11, 2022

Stablecoins Get Their Moment as Crypto Selloff Drives Yield Hunt

The sharp selloff in crypto tokens since late November has done little to dent appetite fo...

January 10, 2022

Bitcoin Is Off to Its Worst Annual Start Since the Dawn of Crypto

Bitcoin dipped below $40,000 for the first time since September, putting it on pace for it...

January 7, 2022

Bitcoin Lingers Near September Lows Amid Drop of 40% From Record

Bitcoin traded near the lowest levels since September after an earlier swoon extended its ...

January 6, 2022

Meme Stocks Bounce With Retail Investors Dipping Back In After Slump

(Bloomberg) -- Renewed retail investor demand and quarterly results from Bed Bath & Beyond...

January 6, 2022

Meme Coins Return to Earth as Gloom Overtakes Crypto Fanatics

Cryptocurrency enthusiasts who piled into meme coins such as Dogecoin and Shiba Inu amid t...