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Cryptocurrency
Market Wrap: Bitcoin Underperforms as Ether and Other Altcoins Rise
Ether was up about 5% over the past 24 hours compared to bitcoin’s flat performance.
Bitcoin Declined Below $58K; Support Between $53K-$55K
The cryptocurrency is down about 2% over the past 24 hours and is roughly flat over the past week.
Market Wrap: Bitcoin Bears Retreat as Traders Buy on Dips
Bitcoin is up about 6% over the past 24 hours. Analysts expect short-term price gains.
Bitcoin Returns Above $58K as Momentum Improves
Buyers will need to clear $60K resistance to maintain an uptrend.
What Is Cryptocurrency?
When Satoshi Nakamoto launched the Bitcoin protocol in January 2009, the first globally viable cryptocurrency had arrived.
Canada Needs a Loonie-Linked Digital Currency, Policy Experts Say
Policy think tank C.D. Howe Institute sees Canadian-dollar-linked stablecoins, issued by the Bank of Canada, becoming attractive to Canadians by making them convertible into cash.
Bitcoin Held Support at $53K, Faces Initial Resistance Around $60K
Initial signs of downside exhaustion could stabilize the intermediate-term uptrend from July.
European Council Takes One Step Closer to Ratifying Landmark Crypto Regulation
The European Council and Parliament will now negotiate the rules set out in the framework.
Market Wrap: Altcoins Outperform as Bitcoin Stabilizes
The rise in altcoins suggests a greater appetite for risk among traders.
Bitcoin Holds Support at $56K, Resistance at $60K-$63K
Momentum is improving as oversold readings appear on the chart.
