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Crypto Review - Page 79


Total crypto market value breaks $1.9T for the first time since May
Total crypto market value breaks $1.9T for the first time since May

The cryptocurrency market has continued a solid bullish trend in early August, with the total market capitalization nearing $2 trillion. According to data from crypto data aggregator CoinGecko, the total crypto market cap broke the $1.9-trillion mark on Monday, retouching.

The crypto comes alive thanks to ETH and BTC’s exit from the flat
The crypto comes alive thanks to ETH and BTC’s exit from the flat

Last weekend was very bright for the crypto market. Bitcoin touched $45K and then faced selling pressure. Nevertheless, bitcoin’s almost daily growth since the beginning of the month has set crypto market participants up for the positive. The benchmark cryptocurrency’s.

Bitcoin hits $45K ahead of July inflation report, but one fractal hints at looming correction
Bitcoin hits $45K ahead of July inflation report, but one fractal hints at looming correction

Bitcoin (BTC) reached its highest level in more than two months with just a few days remaining before the July inflation report. The top cryptocurrency climbed 1.65% to $45,363 on Aug.8, continuing the upside momentum that has already seen it.

Unchanged crypto tax bill will be put to a vote on Tuesday
Unchanged crypto tax bill will be put to a vote on Tuesday

The provisions aim to raise $28 billion for infrastructure funding through expanded digital asset taxation and will impose broad third-party reporting requirements on any crypto firm deemed to be a “broker.” On Monday, Jake Chervinsky, general counsel to Compound Labs,.

Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs
Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs

Bitcoin (BTC) and Ether (ETH) are due for a “huge” move, but short-term signals suggest a correction, an analyst warned on Friday. Data from Cointelegraph Markets Pro and TradingView showed both BTC/USD and ETH/USD acting near critical range resistance as.

Bitcoin fails to return to steady growth
Bitcoin fails to return to steady growth

The benchmark cryptocurrency remains at $38K on Thursday, again running into a sell-off after a slight growth to $39.6K. The price fluctuations occur at shallow trading volumes, making the reliability of price bounces likely to be highly questionable. On the.

Ethereum eyes 3-week winning streak vs. Bitcoin as BTC price drifts below $39K
Ethereum eyes 3-week winning streak vs. Bitcoin as BTC price drifts below $39K

Bitcoin (BTC) headed lower on Thursday after an attempt to reclaim $40,000 failed to garner buyer support. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to local lows of $38,700 on Bitstamp, down around 1.5% in several hours..

Crypto Tax Proposal in US Has Had Limited Impact on Bitcoin Market
Crypto Tax Proposal in US Has Had Limited Impact on Bitcoin Market

On the face of it, a U.S. bill proposing to raise $28 billion through extra cryptocurrency taxes might unnerve some bitcoin investors. But so far, the market reaction to the bill has been remarkably muted. Last Wednesday, lawmakers drafting a.

Google running crypto ads again as new policy goes into effect
Google running crypto ads again as new policy goes into effect

Google is running crypto ads again after its updated financial products and services policy went into full effect on August 3. The multinational giant banned crypto and Initial Coin Offering (ICO) related advertisements back in June 2018, and the updated.

Bitcoin outflows from centralized exchanges surge to 100K BTC monthly
Bitcoin outflows from centralized exchanges surge to 100K BTC monthly

Bitcoin outflows from centralized exchanges have surged to their highest level year-to-date, with roughly 40,000 BTC being withdrawn over the past seven days. According to the Glassnode’s August 2 The Week On-Chain report, Bitcoin outflows have accelerated to a rate.

New SEC Boss Wants More Crypto Oversight to Protect Investors
New SEC Boss Wants More Crypto Oversight to Protect Investors

It’s become a parlor game in Washington, on Wall Street, and in Silicon Valley to figure out where U.S. Securities and Exchange Commission Chair Gary Gensler stands on cryptocurrencies. Industry lobbyists tune in when he testifies before Congress. Lawyers parse.

Cryptocurrencies cautiously creeping upward
Cryptocurrencies cautiously creeping upward

Bulls and bears continue to play tug-of-war with varying success. Over the weekend, Bitcoin gave market participants hope for continued gains as it rose to $42,500, but sellers stepped up again, bringing the price back below $40K. Low trading volumes.

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