Bitcoin continued to make a strong showing in today’s trading, posting modest gains on the day. Investors are optimistic as prices remain above key levels and the currency’s long-term potential shines through.
Tonight’s Bitcoin markets saw a steep increase in prices across all major exchanges, with an overall average gain of 5% in the past 24 hours. Buyers and sellers both remain bullish on bitcoin’s continued success in 2020.
Latest Bitcoin market figures show a slight drop in values in the US and Europe, with the currency trading for around $11,000 apiece. Analysts attribute the dip to recent negative news about cryptocurrencies and the growing regulatory worries.
It’s been a roller-coaster week for Bitcoin investors, with the coin’s market value fluctuating wildly. Our new analysis gives an in-depth look at the evening Bitcoin market, from trading performance and liquidity to the potential future of the virtual currency.
Q3 2020 saw a drastic fall in crypto fundraising, largely driven by the bear market that has characterized the broader crypto sector this year. A report released today states that capital raised in the sector has dropped to the levels last seen in January 2020.
An influx of $4.1 billion in FTT tokens was transferred from Alameda to cryptocurrency exchange FTX prior to a crash in price, according to latest reports from research firm Nansen.
Apple Inc. and Goldman Sachs have reportedly abandoned plans to launch a jointly-developed crypto trading product, according to people familiar with the matter. The two firms are said to have faced issues with customer demand and regulatory guidelines.
U.S. judges are considering whether Sam Bankman-Fried’s two-week jail sentence should be cut short, as his lawyers cite First Amendment issues. Bankman-Fried was found guilty of contempt of court over a May protest.
A new report reveals that nearly half of financial institutions are providing digital asset services to their clients. Not only are they holding digital assets, but they are actively investing in them, with nearly one in five institutions exploring such transactions.