• Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
Newsletter
Crypto Hoarding
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
Crypto Hoarding
No Result
View All Result
Home Bitcoin

Bitcoin Rallies Amid Risk-On Market Mood After Dip Below $40,000 – Yahoo Finance

Admin by Admin
September 22, 2021
in Bitcoin
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

(Bloomberg) — Bitcoin dropped briefly below $40,000 for the first time since August amid rising criticism from regulators, before rallying as the mood in global markets improved.

Most Read from Bloomberg

Related articles

Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20000, as Crypto Volatility Continues – Market Updates Bitcoin News – Bitcoin News

Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20000, as Crypto Volatility Continues – Market Updates Bitcoin News – Bitcoin News

July 6, 2022
Bitcoin price approaches potential springboard to $23K as DXY cools surge – Cointelegraph

Bitcoin price approaches potential springboard to $23K as DXY cools surge – Cointelegraph

July 6, 2022

The largest cryptocurrency broke a three-day losing streak, rising 2.9% to $42,132 as of 6:34 a.m. London time on Wednesday. It earlier slid as much as 3.2% to $39,625. Tokens including Ether, Solana and Litecoin were slightly lower over the past 24 hours.

Fears of contagion from the debt crisis at China Evergrande Group and expectations that the upcoming Federal Reserve meeting will signal a scaling back in asset purchases later this year are among the impediments for investors. An Evergrande filing on a bond interest payment, though vaguely worded, and a liquidity injection into the financial system by China’s central bank appeared to ease some but by no means all investor concerns.

The price action “demonstrates that Bitcoin isn’t immune to the selloff in risk-on assets across traditional markets,” said Antoni Trenchev, co-founder of crypto lender Nexo. “Bitcoin needs to retake the 200-day moving average at $46,000 and consolidate before a collective sigh can be released.”

In a Tuesday discussion on cryptocurrencies, U.S. Securities and Exchange Commission Chair Gary Gensler said past instances of banks and other firms offering private forms of money have failed.

Gensler reiterated that U.S. securities rules give his agency great authority over digital tokens. He also said there are some “gaps” in oversight of digital tokens that Congress could help close, such as regulating crypto exchanges.

Meanwhile, the U.S. agency that had once been the great hope of the cryptocurrency world is now issuing strong warnings to the industry that it’s in danger of echoing the toxic culture before the 2008 financial crisis.

Michael Hsu, the acting chief of the Office of the Comptroller of the Currency, argued Tuesday that cryptocurrencies and decentralized finance may be evolving into threats to the financial system in much the same way certain derivatives brought near collapse more than a decade ago.

Separately, the Pyth crypto-data network on Monday briefly reported Bitcoin’s price as $5,402. “Engineers are continuing to investigate the cause and a full report is in the works,” it said in a tweet that day.

Most Read from Bloomberg Businessweek

©2021 Bloomberg L.P.

Share76Tweet47

Related Posts

Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20000, as Crypto Volatility Continues – Market Updates Bitcoin News – Bitcoin News

Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20000, as Crypto Volatility Continues – Market Updates Bitcoin News – Bitcoin News

by Admin
July 6, 2022
0

BTC was trading higher on hump day, as bullish momentum picked up as the week progressed. Prices once again tested...

Bitcoin price approaches potential springboard to $23K as DXY cools surge – Cointelegraph

Bitcoin price approaches potential springboard to $23K as DXY cools surge – Cointelegraph

by Admin
July 6, 2022
0

Bitcoin (BTC) approached the July 6 Wall Street open near $20,000 as a fresh battle between support and resistance loomed.BTC/USD...

Bitcoin exchange outflows surge as ‘not your keys, not your crypto’ comes back into fashion – Cointelegraph

Bitcoin exchange outflows surge as ‘not your keys, not your crypto’ comes back into fashion – Cointelegraph

by Admin
July 5, 2022
0

Bear markets in cryptocurrency are known to be painful, but the month of June was especially trying for the crypto...

Bitcoin prices slip, crypto winter’s latest victim, and the hype over Polygon – CNBC

Bitcoin prices slip, crypto winter’s latest victim, and the hype over Polygon – CNBC

by Admin
July 5, 2022
0

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC Crypto World features the latest news and...

Big crypto mining shop sells almost all its bitcoin – Axios

Big crypto mining shop sells almost all its bitcoin – Axios

by Admin
July 5, 2022
0

Core Scientific, among the largest publicly traded crypto mining operators in North America, sold almost all of its bitcoin holdings...

Load More
  • Trending
  • Comments
  • Latest
Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

April 21, 2021

SteveWillDoIt reveals hacker stole his crypto wallet: “I lost a lot of money” – Dexerto

July 26, 2021
Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

February 11, 2022
DOGE passes Uniswap and Litecoin to become 8th largest cryptocurrency by market cap – Cointelegraph

DOGE passes Uniswap and Litecoin to become 8th largest cryptocurrency by market cap – Cointelegraph

April 15, 2021
Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

0

Rivals Ripple and R3 partner up | PaymentsSource – American Banker

0
Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

0

Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches – Coindesk

0
Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

Are good times for Litecoin [LTC] too good to last for long – AMBCrypto News

July 6, 2022
Ethereum just finished its second-to-last major ‘merge’ test and the main upgrade could be just months away – Fortune

Ethereum just finished its second-to-last major ‘merge’ test and the main upgrade could be just months away – Fortune

July 6, 2022
Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20000, as Crypto Volatility Continues – Market Updates Bitcoin News – Bitcoin News

Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20000, as Crypto Volatility Continues – Market Updates Bitcoin News – Bitcoin News

July 6, 2022
What if Ripple loses and XRP is deemed a security? – FinanceFeeds

What if Ripple loses and XRP is deemed a security? – FinanceFeeds

July 6, 2022
Crypto Hoarding

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Bitcoin
  • Blockchain
  • Cryptocurrency Hackers
  • Ethereum
  • Litecoin
  • Ripple

Newsletter

[mc4wp_form]

  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

Copyright (c) 2021 - Crypto Hoarding - All Rights Reserved - web design by TechyRack