Bitcoin breaches US$30,000 on institutional interest; Ether, other tokens follow higher
Bitcoin breached US$30,000 in Thursday morning trading in Asia, leading gains across all top 10 cryptocurrencies by market capitalization.
Bitcoin breached US$30,000 in Thursday morning trading in Asia, leading gains across all top 10 cryptocurrencies by market capitalization.
Bitcoin surged over 5% on Wednesday morning in Asia to breach the US$28,000 resistance level, leading a rally of the top 10 non-stablecoin tokens except XRP.
EDX Markets, a cryptocurrency exchange with backing from major Wall Street players such as Citadel Securities, Fidelity and Charles Schwab, officially launched on Tuesday.
Bitcoin rose on Tuesday morning in Asia to hold above support at US$26,000. Ether also logged gains along with most other top 10 non-stablecoin tokens.
Bitcoin and Ether rose during Monday afternoon trading hours in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization declined. Risk appetite remained low after the U.S. Securities and Exchange Commission (SEC) sued Binance and Coinbase two weeks ago.
Binance France is reportedly under investigation for “aggravated” money laundering and the illegal provision of digital asset services.
Bitcoin dipped below US$25,000 for the first time in three months, as the SEC’s lawsuits continued to erode crypto investor appetite. Bitcoin needs to hold above US$24,000 to avoid more bearish momentum, industry experts told Forkast.
Top blockchain and crypto news: Binance.US at risk. Ex-SEC official’s comments complicate Ripple suit. Hong Kong lawmaker aims to entice exchanges.
Bitcoin and Ether extended losses in Thursday afternoon trade in Asia amid U.S. regulator’s clampdown on top crypto exchanges.
Bitcoin fell below US$25,000 support at one stage, while other top 10 non-stablecoin cryptocurrencies dropped as the Fed warned of more interest rate hikes this year.