Latest Market News
Bitcoin dropped by a sharp 5% today as the cryptocurrency fell beneath the weekend support at $35,000 and tanked all the way down to the $32,100 level. It has since recovered slightly above $32,700, but the bearish momentum is likely to push it lower over the coming days.
Earlier today, we covered the top coins to watch for this week. The list includes Ethereum, Binance Coin, and Celer Network. In this article, we'll be covering these three coins from a technical analysis perspective to help identify some of the support and resistance levels that might prove important in the coming days.
As we move towards the end of Q2, a number of projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
Authorities in the Chinese province of Sichuan have ordered state-owned power plants and distributors to cut off the supply of hydroelectric energy to 26 Bitcoin mining operations by June 20.
A Reddit user who had their personal information exposed in last year's Ledger customer database leak received a fake hardware wallet in the mail.
FTM is up by a strong 9% today, allowing the cryptocurrency to break past $0.3 and hit $0.328 today. The cryptocurrency is now up by a total of 17.5% over the week as it currently tests the upper boundary of the falling wedge pattern that it currently trades within.
The Bitcoin protocol is set to receive one of its biggest upgrades in recent years after miners overwhelmingly signaled support for Taproot.
As a part of its monthly Top of Mind newsletter, investment banking giant Goldman Sachs issued a new report, full of technical and fundamental analysis on Bitcoin and Ethereum, as well as interviews with notable cryptocurrency proponents and critics.
The Coinbase Pro exchange is busy listing new cryptocurrencies. Just yesterday, we covered the exchange’s move to list Polkadot, and Coinbase Pro has now announced that Chiliz, Keep Network and Shiba Inu will also be making their way to the platform soon. Trading for the three tokns will start on June 17, provided there is sufficient liquidity.
Convergence offers a legitimate way for startup founders to seek new avenues of funding for their creations.
