According to CoinShare, digital asset investment products saw minor outflows totalling US$17m last week, marking the 4th consecutive week of negative sentiment. Bitcoin is up 0.15% over the last 24 hours and rose to an intraday high of $22602.06. The largest cryptocurrency is trading in a tight range between $22,300-$22,600 since March 3, suggesting the market is...
BingX’s Bitcoin Chart
Bitcoin is up 0.15% over the last 24 hours and rose to an intraday high of $22,570.52. The largest cryptocurrency plummeted below the $23,000 support on March 3 due to concerns about the solvency of crypto bank Silvergate. The 20-day exponential moving average ($23,085) has started to turn down and the relative strength index (RSI) is...
BingX’s Bitcoin Chart
Bitcoin is up 0.85% over the last 24 hours and rose to an intraday high of $24,000.00. The largest cryptocurrency continues to trade in a tight range between $23,200 to $24,000 today, indicating indecision among the buyers and sellers. Currently, the 50-day moving average, located around $23K, has been acting as a solid support in the...
BingX’s Bitcoin Chart
Bitcoin is down 0.59% over the last 24 hours and fell to an intraday low of $23,022.42. The largest cryptocurrency was trading around the 20-day exponential moving average for the past few days, suggesting neither bulls or bears are willing to give up this level. The flattening 20-day EMA and the relative strength index (RSI) near the...
Robinhood Faces SEC Investigation Over Crypto Business
Today’s Cryptocurrency Headline
Robinhood Markets disclosed in its 10-K filing that shortly after FTX filed for bankruptcy protection in November last year, it received a subpoena from the US Securities and Exchange Commission (SEC) regarding its crypto operations, which involved Robinhood’s “cryptocurrency...
Today’s Cryptocurrency Headline
Software Giant Salesforce Enters Web3
American software giant Salesforce is entering the Web3 field. Marc Mathieu, the co-founder of Salesforce's Web3 studio, said in an interview that now is a good time for customers to start experimenting with decentralized technologies, including cryptocurrency wallets and NFTs. Last June, the...
Bitcoin is down 2.06% over the last 24 hours and fell to an intraday low of $23,608.00. Bitcoin failed at decisively overcoming $25,000 once again on Tuesday, and the subsequent rejection brought it back down to just below $24,000, suggesting the bears have defended the level successfully. The rising moving averages and the RSI above 60 indicate that bulls are in...
BingX’s Bitcoin Chart
Bitcoin is down 3.54% over the last 24 hours and fell to an intraday low of $22,841.19. The largest cryptocurrency was unable to hold above the 20-day exponential moving average ($23,430) today, suggesting the sellers increased the selling pressure. The negative divergence on the relative strength index (RSI) suggests that the bullish...
BingX’s Bitcoin Chart
According to Glassnode, the number of Bitcoin (BTC) whales, or wallet addresses holding 1,000 or more BTC, hit its lowest level since August 2019 on Sunday. Bitcoin is down 3.67% over the last 24 hours and fell to an intraday low of $23,855.55. The largest cryptocurrency rose to $25,250 on Tuesday, but the price was unable to sustain...
BingX’s Bitcoin Chart
According to CoinShare, digital asset investment products saw outflows totalling US$32m last week, the largest since late December 2022. Bitcoin is up 2.45% over the last 24 hours and rose to an intraday high of $25,123.11. The largest cryptocurrency has been trading near the strong resistance at $25,211 for the past few days, suggesting...
BingX’s Bitcoin Chart
According to data from CoinMarketCap, the market value of the stablecoin USDT has returned to above $70 billion. Bitcoin is down 0.85% over the last 24 hours and fell to an intraday low of $23,840.83. The largest cryptocurrency attempted to break above the $25,000 price level, but it gets rejected once again, suggesting sellers are active...
Tradingview invites the Korean partner of BingX Exchange, who won the 2022 TradingView Broker Awards in the crypto category, to introduce and conduct an award interview.
kr.tradingview.com
BingX’s Bitcoin Chart
According to the US Bureau of Labor Statistics, the Consumer Price Index (CPI) declined to 6.4% on a yearly basis in January from 6.5% in December. This reading came in higher than the market expectation of 6.2%. Bitcoin is up 1.6% over the last 24 hours and rose to an intraday high of $22,333.33. The largest cryptocurrency rebounded from...
BingX’s Bitcoin Chart
Bitcoin is up 1.61% over the last 24 hours and rose to an intraday high of $23,452.99. The largest cryptocurrency moved back above $23,000. Recent daily candles and the relative strength index suggest the bullish momentum is cooling. The bulls will try to push the BTC/USDT pair above $24,263 and challenge the $25,000 price level. However,...
DCG Plans to Sell Genesis Trading and Lending Unit
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Today’s Cryptocurrency Headline
The DCG creditor agreement revealed that DCG plans to sell its subsidiary Genesis' crypto trading business as well as its lending arm as part of the bankruptcy process. Earlier on Monday, DCG and Genesis had reached an...
BingX’s Bitcoin Chart
According to the US Department of Labor, non-farm payrolls jumped by 517,000 in January, while economists had been expecting a rise of 170,000. Bitcoin is down 1.93% over the last 24 hours and fell to an intraday low of $22,743.00. The largest cryptocurrency fell below the $23,000 price level due to unexpected non-farm payroll data. The...
BingX’s Bitcoin Chart
Bitcoin is down 1.55% over the last 24 hours and fell to an intraday low of $23,367.50. The largest cryptocurrency rose above the $24,000 price level yesterday, but the price could not maintain above $24,000, suggesting the seller remains active at a higher level. The upsloping moving averages and the relative strength index (RSI) near the...
BingX’s Bitcoin Chart
The US Federal Reserve announced a 25 basis point increase in its benchmark interest rate to a range of 4.5% to 4.75%, the smallest increase since March last year. Bitcoin is up 3.73% over the last 24 hours and rose to an intraday high of $24,263.89. The largest cryptocurrency rose above $23,800 after the Fed's interest rate decision as...
