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Bitcoin continues climb, breaking $61,000 in overnight trading

[Fox Business] Bitcoin rivals Ethereum and Dogecoin were trading around $3,915 and nearly 24 cents per coin: Coindesk Bitcoin continued to climb overnight and was trading almost 4.4% higher early Saturday morning at nearly $61,700. Bitcoin rivals Ethereum and Dogecoin were trading around $3,915 (+3.41%) and nearly 24 cents (+4.6.9%) per coin, respectively, Coindesk reported. Cryptocurrency […]

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A crypto crash wiped out $1 trillion this week. Here’s what happened

New York (CNN Business) Wild, stomach-churning moments are part of the experience when you buy a ticket to the crypto circus. But the past week’s volatility was enough to make some of the crypto faithful wonder whether they’ve been bamboozled. On Wednesday, a broad crypto crash wiped out about $1 trillion in market value — a staggering […]

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The Crucial Level To Watch As Ethereum Prepares To Shoot Toward $700

[Bitcoinist, Shutterstock] Ethereum topped out dramatically in August when it hit $490, then crashed.The coin currently trades for $370, 25% below those highs.Analysts think that Ethereum could soon shoot higher as the macro trend remains bullish.ETH will need to hold a crucial support level in the $300 range, then decisively surmount the year-to-date highs around […]

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Nearly $100M in Bitcoin Moved to Ethereum in July, Led by Retail Traders

[Coindesk, Getty Images] Ethereum is still the most popular off-chain destination for bitcoins as its supply of tokenized bitcoin (BTC) grew more than 70% in July. Monthly tokenized bitcoin supply growth since January 2020. Source: Dune Analytics, OnChainFX, CoinDesk ResearchMore than 20,000 BTC — worth roughly $225 million — are now tokenized and used in Ethereum-based protocols.Wrapped Bitcoin […]

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HERE’S WHY THIS BILLIONAIRE JUST APPLAUDED CHAINLINK AND COMPARED IT TO BITCOIN

[Bitcoinist, Pixabay] One of the most well-known figures in the crypto industry, supporting Bitcoin from the very beginning, has expressed some positive comments regarding the stand out altcoin cryptocurrency Chainlink, which has been a top-performing asset throughout the last two years. He even compares the asset’s community to that of Bitcoin or Ethereum’s, noting that […]

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