Bitcoin recorded its greatest surge in over six weeks on Sunday, trading at over $39,000 for the first time since June 16, after reports that e-commerce giant Amazon is looking to hire a digital currency and blockchain product lead. The virtual currency, the price of which has risen by over 20 per cent in the … Read more
Miami on June 4, 2021. Cryptocurrencies are in a summer slump as they navigate a two-month correction period following a string of negative stories. Trading volumes at the largest exchanges, including Coinbase, Kraken, Binance and Bitstamp, fell more than 40% in June, according to data from crypto market data provider CryptoCompare, which cited lower prices … Read more
Bitcoin is flashing technical signals that point to a strong jump in price from current levels as soon as next week if trading volume continues to pick up, digital asset broker GlobalBlock said in a note on Monday. The price of the world’s largest cryptocurrency by market capitalization could break out from its current sideways … Read more