Market Wrap: Bitcoin Underperforms as Ether and Other Altcoins Rise
Ether was up about 5% over the past 24 hours compared to bitcoin’s flat performance.
$10M Yacht for Sale, DOGE Accepted
The owners of Italian-built Vianne, a 170-foot yacht, said prospective buyers would be able to buy the vessel with a 10% fiat deposit and the rest in crypto in bitcoin, ether, and dogecoin. It will also accept SOL, FTM, BNB, or "top tier" NFTs from the CryptoPunk or Bored Ape Yacht Club collections. "The Hash" squad discusses the latest signal of a broader embrace of crypto by the luxury goods industry.
First Mover Asia: Bitcoin Rebound Continues Into Third Day Amid Lessening Omicron Fears
Ether and all but one other altcoin ranked among CoinDesk’s top 20 by market cap also rose.
Investment Firm Kelly Files for Ether Futures ETF
The filing comes just three months after ProShares and VanEck pulled similar filings with the U.S. SEC.
First Mover Asia: Bitcoin, Altcoins Rebound From ‘Black Friday’ Plummet
Bitcoin rose past $57K on Sunday, although investors are nervously eyeing the spread of the omicron variant of the coronavirus.
First Mover Asia: What Holiday? Bitcoin Soars Past $59K Amid Brisk Trading
Ether rose more than 6% and altcoins GALA, SAND, MANA and SHIB were among other winners on the day.
First Mover Asia: Bitcoin Falls in Pre-Holiday Trading; Ether Drops
A recovery in the tether-yuan pairing suggests the Chinese market is slowly recovering from the country’s crypto trading ban in September.
Market Wrap: Higher Volatility Expected in Bitcoin and Ether
There could be sharp price moves over the next few days.
First Mover Asia: Bitcoin Edges Toward $58K; Altcoins Recover From 7-Day Lows
The dominance of the largest cryptocurrency by market capitalization dipped to 42%, far off its October high.
Why Are Crypto Markets Pulling Back?
Bitcoin, ether, and the wider crypto markets continue their recent downward trend, but what's behind the dip? Fairlead Strategies Technical Analyst Katie Stockton shares insights into the key support and resistance levels to watch for signs of a bullish breakout, along with short-term and long-term price targets.