What Changed in Crypto Markets While You Were Sleeping — Aug 6

What Changed in Crypto Markets While You Were Sleeping — Aug 6
фото показано с : beincrypto.com

2021-8-6 12:35

BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.

Bitcoin update

BTC reached a low of $37,332 on Aug 5. However, it immediately began moving upwards, creating a very long lower wick in the process, and reached a bullish close of $40,862. 

It’s currently trading inside the range high of $40,550. The resistance area has been in place since May 19, with the exception of the deviation above it between July 30 – Aug 2. 

Technical indicators for BTC are somewhat neutral. The MACD created a higher momentum bar, but it looks like it’s beginning to decrease again. Both the RSI and Stochastic oscillator are bullish but are showing decreasing momentum.

BTC Chart by TradingView Altcoin movers

The total cryptocurrency market cap is up by 3.6%, reaching a local high of $1.73 trillion today. It’s the first time the market cap has been at this level since June 15. The positive move can be largely attributed to bitcoin and Ethereum pumping 6% and 5.5% respectively.

Nearly every altcoin in the top-100 by market cap is also in the green today as a result. Bitcoin Cash ABC (BCHA) is the top gainer, however, adding more than 25% in value in the past 24 hours. This has also made BCHA the top gainer of the week thus far, up nearly 135% in the past seven days.

Quant (QNT) is down slightly over 3% on the day after reaching a new all-time high of $176 on Aug 5. These slight retracements can be expected after such drastic price increases. At the start of 2021, QNT was trading hands for only $11.

In other crypto news The highly anticipated Ethereum London upgrade went live on Aug 5 and is already burning millions of dollars worth of the digital asset. U.S. Federal Reserve Governor Christopher Waller has stated that he is “highly skeptical” that the country needs to develop its own central bank digital currency (CBDC). Coinbase has announced that it will allow users to buy crypto via Apple Pay and Google Pay through linked debit cards.

The post What Changed in Crypto Markets While You Were Sleeping — Aug 6 appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0095806 (-100%)

crypto aug sleeping beincrypto markets changed asleep

Источник: beincrypto.com

crypto aug → Результатов: 92


Ethereum Classic Hit by Yet Another 51% Attack, But Has Defensive Plans

Ethereum Classic was hit by another 51% attack on Aug. 29, making it the third attack on the blockchain this month. Various organizations in the crypto community have responded to the attack. ETC Cooperative has advised miners and exchanges to keep confirmation requirements high, which will prevent the attacker from making use of their ill-gotten gains.

2020-9-1 13:26


Фото:

European Union (EU) Proposes the Creation of a Single Market for Trading Cryptocurrencies

At the tail end of 2020, the European Union (EU) Commission should complete its work on digital finance and the results will be clearly defined crypto laws helping the sector flourish.   Crypto is Here to Stay This is according to a report published by IFCReview on Aug 20, citing previous comments by Valdis Dombrovskis, the EU ExecutiveRead MoreRead More.

2020-8-21 01:07


Venezuela Signs In New Taxation Agreement That Will ‘Accept’ Petro Crypto Payments

The Bolivian Council of Mayors signed the “National Tax Harmonization Agreement” on Aug. 12, paving the way to a new system to optimize taxation in the country. According to reports, the new laws will integrate the country’s sovereign crypto, Petro, as one of the tools in the new system. According to reports, of the 335 […]

2020-8-13 20:49


Фото:

‘Bitcoin Is Superior To Cash’, Says World’s Largest Business Intelligence Company

Publicly listed business intelligence firm MicroStrategy announced on Aug 11 that it had purchased 21,454 bitcoins worth $250 billion at the time, in a bid to hedge against Fed-led inflation. This is a major achievement for bitcoin as it adds credibility to the narrative that the king of crypto is gaining popularity on Wall Street as […]

2020-8-12 00:06


Фото:

Crypto News Roundup for August 11, 2020

The rise of DeFi and the optimism surrounding ETH 2.0 seem to have sparked new life into the altcoin market cap as it breached a multi-year resistance level late on Aug 10. Expectedly, this new development has been deciphered by many analysts and industry insiders as the imminent arrival of the so-called “altseason”, a period […] The post Crypto News Roundup for August 11, 2020 appeared first on BeInCrypto.

2020-8-12 22:44


How Will Crypto Cope In Regulation-Friendly State Belarus After Lukashenko’s Protested Presidential Win?

Crypto-friendly state Belarus faced a nation-wide internet blackout on Monday after a hotly contested presidential election on Aug. 9. The country has been facing mass protests since the announcement of the incumbent president, Alexander Lukashenko’s landslide win over Svetlana Tikhanovskaya, the opposition leader who claims the vote was massively falsified.

2020-8-11 18:00


Researchers Expose Key Security Weaknesses on Crypto Exchanges That Need to Be Addressed

During Wired’s Black Hat Security Conference, held on Aug. 6, Aumasson and Shlomovits discussed three key flaws on crypto exchanges storage of users’ funds. According to their research, crypto exchanges are time and again falling to these weaknesses due to weak or failure to correctly implement the security protocols.

2020-8-11 19:48


дальше еще 43 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru