Category: Prices
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Markets Update: Cryptocurrencies Gain Billions in Less Than an Hour
Cryptocurrency prices have spiked significantly in value during afternoon trading sessions on Feb. 8. The entire market cap of the top digital assets recorded today has added over $15 billion in fiat value in just one hour. Also Read: Public Transportation Across Argentina Can Now Be Paid With BTC Cryptocurrency Markets Gain Billions in One Hour…
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Markets Update: Traders Patiently Wait for Crypto’s Longest Bear Run to End
Cryptocurrency prices have been seemingly stable lately as there hasn’t been much volatility in the last two weeks in either direction. The overall market capitalization of the entire crypto economy has lost about $4 billion since our last markets update and global trade volumes are much slimmer than weeks prior. Also read: Properties Are Still Being…
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Cryptocurrency GIFs: Animations That Capture the Mood of the Markets
The cryptocurrency ecosystem is filled with unique individuals with a penchant for sharing dank memes. Besides an arsenal of killer graphics that depict the current mood of the markets, they’re also equipped with a wide variety of animated GIFs to virally share across social media and messaging platforms like Telegram. Also read: Cryptocurrency Memes: The Only…
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No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says
Last year’s falling prices are not a good enough reason to “bury” cryptocurrencies, Russian Prime Minister Dmitry Medvedev said during a high-level economic conference. He believes Russia should carefully follow the developments around digital coins. Also read: Clickbait Media Uses Bitcoin and Russia to Pump Headlines Again Russia Should Watch Carefully Medvedev thinks the…
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St. Louis Federal Reserve Predicts ‘Flood’ of Altcoins Will Drive Down BTC Prices
The St. Louis branch of the Federal Reserve bank has published a report seeking to examine the long-term prospects of BTC as an investment. The paper is highly critical of bullish outlooks for bitcoin, asserting that a “flood” of altcoins will deflate the price of all cryptocurrencies relative to fiat currencies over time. Also Read: Marshall…
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Markets Update: Crypto Traders Enter the New Year With Uncertainty
On the first day of 2019, cryptocurrency prices have been steadily moving sideways in a consolidated pattern after taking some slight losses on New Year’s Eve. At the moment, the entire digital asset economy is worth about $126 billion and global trade volume has been thinning out over the last 48 hours. Also Read: Embracing…
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Markets Update: Cryptocurrency Gains Start Lifting Confidence Among Traders
The cryptocurrency economy has seen some improvement over the last 48 hours as many of the top digital assets are seeing gains between 5-15% this Saturday. The entire ecosystem of all the coins in existence has gained about $5 billion since the small correction on Christmas day. Furthermore, global trade volume has also increased indicating…
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Markets Update: Crypto Prices Begin to Slump as the New Year Approaches
Most cryptocurrencies took a hit on Christmas Day, losing between 5-10% after having a decent run of solid gains last week. Some traders had assumed digital asset markets would be rather dull during the holidays, but the correction was deep and fast. At the moment, the entire cryptocurrency economy is worth $126 billion as traders…
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Asian News Headlines Exert Significant Impact on Cryptocurrency Prices
A report published by Mosaic has found the Asian region to be exerting a leading influence within the cryptosphere, despite China’s ongoing crackdown on digital asset platforms. The study finds Asian news events to have a significant effect upon BTC price volatility and highlights the increasing number of cryptocurrency exchanges targeting Asian traders. Also Read: Bitcoin…
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Only Sharks Will Feed on the Crypto Market’s Elusive Price Bottom
2018 was a year of market bull traps and sliding prices. Now, as the year comes to an end, many cryptocurrency traders have been discussing the elusive “price bottom” for their favorite digital asset. However, pro traders understand that catching a falling knife is difficult and that elusive market bottoms can disappear within the blink…