cryptocurrencies
Market Wrap: Bitcoin Loses Steam After Briefly Touching $60K
The cryptocurrency's price fell with stocks amid growing concerns about rising U.S. Treasury yields.
The US Government Sold Some Bitcoin – and Got a Good Price
The General Services Administration has been auctioning bitcoin since 2014, when the FBI shut down the Silk Road black market.
Bank of America Sees DeFi 'Potentially More Disruptive Than Bitcoin'
There is "no good reason to own BTC unless you see prices going up," the bank says, but it is intrigued by decentralized finance.
Bitcoin's 'Rich List' Shrinks Amid Continued Price Rally
The number of unique addresses holding more than 1,000 BTC has shrunk by over 8% since Feb. 8 as whales take profits.
Bitcoin Rallies Towards $60K Resistance, Short-Term Support Seen at $56K
Bitcoin's rally reignited the short-term trend and will now test resistance around $60K as it eyes all-time-highs.
Morgan Stanley Sees Cryptocurrencies on Path to Investable Asset Class
The Wall Street firm sees signs of maturation especially given its resiliency since the height of the pandemic.
Bitcoin Stalls at $57K Resistance, Lower Support Around $53K
“Short-term momentum remains positive, but far less so than in February,” writes one analyst.
Long-Term Bitcoin HODLers Still Accumulating, Suggests Conviction
The active supply of bitcoin held for shorter periods of time keeps shrinking, according to Arcane Research.
XRP Jumps as Bullish 'Golden Cross' Pattern Appears in Price Chart
It's often a bullish indicator when the the 50-week moving average crosses above the 100-week, but traders can get trapped on the wrong side of the market.
Bitcoin Holds Short-Term Support at $54K, Resistance Seen at $58K: Technical Analysis
Bitcoin is oversold and at trend support on intraday charts, but still faces heavy resistance around $58,000.
