Bitcoin’s drop below $62K shows BTC price remains on ‘delicate ground’

Bitcoin (BTC) stayed below some critical support zones into the weekend after a late sell-off cost bulls the $40,000 mark.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewUpper range support levels crumble for BTCData from Cointelegraph Markets Pro and TradingView painted a lackluster picture for BTC/USD Saturday, the pair lingering near $39,000 after seeing lows of $38,600.Traders had…

Bitcoin (BTC) price continued trading around $9,500 July 30 as analysts suggested the end of the month could still provide a fresh move upwards.Market visualization. Source: Coin360All eyes on futures and 50-day moving averageData from Coin360 revealed little change in Bitcoin’s behavior Tuesday after the largest cryptocurrency suddenly lost $800 over the weekend. As Cointelegraph reported,…

Solana's (SOL) price dropped on June 3, bringing its net paper losses down to 85% seven months after topping out above $260.SOL price fell by more than 6.5% intraday to $35.68, after failing to rebound with conviction from 10-month lows.  Now sitting on a historically significant support level, the SOL/USD pair could see an upside…

Intel's new chips are powered by a high-performance miner to deliver up to 40TH/s in a balanced environment. 340 Total views 17 Total shares Computer chip manufacturing giant Intel Corporation shared details of a new mining chip that will be coupled with a high-performance 3,600 Watt miner with the ultimate goal of improving Bitcoin (BTC)…

XRP prices have declined today due to a choppy risk-on mood ahead of Nvidia earnings and cautious sentiment in the futures market, among other reasons.

Goldman Sachs-backed cryptocurrency finance firm Circle announced that it closed the acquisition of SeedInvest, a crowdfunding platform and registered operator of a broker-dealer. The news was reported via a post on Coinbase’s official blog published March 4.Cointelegraph first reported about the ongoing acquisition in October last year, noting that the deal will enable Circle to…

Key Ethereum price metrics suggest that ETH’s pause at $3,800 is temporary.

How worried should international regulators be about the cryptocurrency industry? Not overly, a British financial crime expert has claimed.Therese Chambers — director of retail and regulatory investigations at the United Kingdom’s Financial Conduct Authority — made the argument at the New York University School of Law on March 5, in a speech entitled “The Advancement…

Access to CBDCs reduces banks’ need to insure against liquidity risks and gives policymakers greater information about trouble in the financial system, according to the study. 221 Total views 4 Total shares The introduction of a central bank digital currency (CBDC) may increase the stability of a banking system, according to a paper released Tuesday…