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The crash of Nigeria’s national currency (naira) reportedly pushed many residents to turn to alternative assets such as bitcoin and stablecoins to preserve their wealth. The peer-to-peer exchange LocalBitcoins marked…
Unlike the previous Fed interest hikes, bitcoin went on a roll this time, adding over $2,000 in hours to set a new weekly high. The altcoins are also well in…
Somewhat surprisingly, the crypto market reacted quite well to the latest interest rate hike from the US Fed, with prices soaring to new weekly highs. As such, the number of…
Bitcoin’s volatility surged once again following the latest Federal Open Markets Committee (FOMC) meeting. The primary cryptocurrency rose by 2.5% in response to the US central bank’s announcement of another…
Market movements are frequently consisting of two phases – an expansion phase where the price changes sharply in either direction, followed by a correction phase in which the price forms…
After yesterday’s price dip below $21,000, bitcoin regained some traction and reclaimed that level. Most altcoins have also turned green today, with MATIC and Ethereum Classic standing out as the…
Jefferies analyst Brent Thill downgraded the software analytics provider to “underperform” from “hold” as the ongoing crypto shambles failed to demonstrate strong signals for a market reversal. The downgrade that…
As the primary cryptocurrency hovers around $21,000, retracing back from the weeks-high level at $24,100, experts across the industry remain cautious in regards to its upcoming price action. However, emerging…
Bitcoin’s nosedives continued in the past 24 hours, with the asset dropping to and below $21,000. The altcoins are also suffering, with Ethereum slumping by another $100 and more massive…
Although bitcoin trades 25% higher than its multi-year bottom tapped in June at $17,500, CryptoQuant suggested that the asset could face upcoming price drops. This is because of the Bitcoin…