cryptocurrencies


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.

Markets

NFT Frenzy Shows Signs of Cooling but Don't Call It a Market Crash

NFT prices are falling, but it doesn't point to a market crash as investors eye long-term value.

Sales and prices are declining for non-fungible tokens, such as tokenized weird art, but it's premature to call it an NFT market crash.

Markets

Bitcoin Still Has Support From Long-Term Uptrend, Says Technical Analyst Katie Stockton

Despite short-term volatility, bitcoin's uptrend remains intact. And some traders could be shifting to altcoins.

BTC daily chart

Markets

Bitcoin Weakens Amid Slower Volume; Support Around $54K

Volume has significantly slowed over the past two weeks, which is typical of a consolidation phase and could lead to sharp price moves.

BTC Four-Hour Chart

Markets

Crypto Asset Flows Bounced Back Last Week, Ending Record $4.5B Quarterly Haul

Inflows to crypto funds jumped from a five-month low of $21 million the prior week.

Crypto asset fund flows

Markets

Bitcoin Analysts Say 'Kimchi Premium' Isn't Distress Signal It Once Was

Bitcoin is drawing the highest "kimchi premium" in three years, indicating retail frenzy in South Korea.

The South Korean Financial Services Commission is extending a ban on short-selling after last week's GameStop share price pump.