cryptocurrencies


Markets

What Would Biden’s Tax Hikes Mean for Bitcoin?

Tax hikes could encourage profit taking in cryptocurrencies, but some investors remain bullish as ongoing stimulus could trigger inflation.

President Joe Biden meets Monday with members of Congress on his infrastructure and jobs plan.

Markets

Higher US Inflation Expected in March CPI Report, and Bitcoin Traders Are Watching

Analysts expect higher inflation ahead of U.S. March CPI report despite the Fed's wait-and-see approach.


Markets

Digital Asset Fund Inflows Declined Last Week as Bitcoin Prices Stagnated

Last week was the first week of no outflows across funds since mid-February.

Inflows to digital-asset funds declined last week, according to CoinShares.

Markets

Bitcoin Dominance at 2-Year Low as XRP, Binance's BNB Rally

Bitcoin prices have doubled this year, but several major altcoins have risen by many multiples.

sun, rising

Markets

Bitcoin Struggles Near $60K; Short-Term Support Around $58K

Bitcoin struggled near $60K again; support is nearby around $58K as buyers take some profit.

BTC Four-Hour Chart

Markets

XRP Doubles in 7 Days, Heads for Biggest Weekly Gain Since December 2017

The token used in Ripple Labs' payment network has climbed sixfold this year as some traders look through the SEC case and analysts see bullish patterns in price charts.

(PhotoMosh)

Markets

As Coinbase Listing Nears, Analysts Pitch Valuations From $19B to $230B

The wide range shows the extreme uncertainty and risk of investing in the fast-moving cryptocurrency industry.

Coinbase CEO Brian Armstrong opposes the infrastructure bill's tax provision.

Markets

Bitcoin Holds Support; $60K Resistance Within Reach

BTC is attempting to break above a series of lower price highs since April 1, which suggests buyers are gaining strength as sellers retreat.

Bitcoin Four-Hour Chart

Markets

Bitcoin Drifts Lower; Support Around $54K-$55K

Bitcoin buyers and sellers are in a stalemate as oversold rallies have been limited on intraday charts.

BTC Hourly Chart

Markets

Bloomberg Foresees Bitcoin Rallying to $400K This Year

Analysts at Bloomberg Crypto argue the largest cryptocurrency might be due for a run analogous with the steep rallies of 2017 and 2013, following prior "halvings" on the blockchain network.

Bitcoin price trend chart, from Bloomberg Crypto.