Bitcoin is resetting multiple key metrics as the BTC price drop flushes out leverage.
BTC/USD 1-hour chart. Source: TradingView
Bitcoin RSI returns to key support
Data from Cointelegraph Markets Pro and TradingView shows BTC/USD currently acting around $66,000 after falling 5% in a single hourly candle.
Bitcoin may be down 7% in April, but a retest of...
Mainland Chinese stocks surged on Monday, as China maintained its benchmark lending rate for the third straight month.
The Shanghai composite jumped 3.11% to close at 3,314.15 while the Shenzhen composite was up 2.68% to close at 2,216.70. The...
What happened
Shares of two big Chinese online brokerages fell sharply today after more bad regulatory news for the industry. Shares of Futu Holdings Ltd (NASDAQ:FUTU) traded nearly 16% down as of 1:55 p.m. EDT, while shares of Up Fintech Holding Ltd (NASDAQ:TIGR) were down...
SINGAPORE — Shares in Asia-Pacific were higher in Friday trade as investors in the region shrugged heavy losses overnight on Wall Street that saw the tech-heavy Nasdaq Composite plunging nearly 4%.
Hong Kong’s Hang Seng index led...
With the stock market near all-time highs, value stocks have been mostly overlooked over the last decade. But lately, we’ve seen signs that investors may be coming back to value stocks. High-priced cloud computing stocks have mostly pulled back in recent months,...
One, a fintech company backed by Walmart Inc , will introduce checking accounts to thousands of Walmart employees and a small percentage of its online customers for beta testing in the coming weeks, two people familiar with the matter said.
The fintech aims to make the accounts available to Walmart's...
Stocks seesawed Friday on a mix of positive and negative news on trade, with most major benchmarks ultimately finishing lower. The Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) both lost less than 1%.
As for individual...
Bitcoin’s (BTC) price continues to coil in post-halving trading as the past 24 hours have seen the top crypto trade in a narrowing range between $63,520 and $65,285 while traders await the next market-moving catalyst.
As the S&P 500 notches record highs despite the backdrop of potential monetary tightening and the new delta Covid-19 variant, veteran investor David Roche says investors should be wary of the bubble bursting.
The flagship U.S. stock index on...
Cryptocurrencies were in the crosshairs Thursday.
Bitcoin, ether and litecoin all tumbled as investors soured on riskier assets in favor of safe havens such as bonds.
Craig Johnson, chief market technician at Piper Sandler, is watching...
