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Bitcoin holds steady as DXY advance hurts stocks

Bitcoin rose to $26,820 on Wednesday, trading in the opposite direction to stocks as the Dollar Index hit a 10-month high. An easing for the DXY could see Bitcoin price…

Crypto slides as FTX reveals what assets it holds

Crypto prices dropped after an FTX announcement that showed the value of various crypto assets the collapsed exchange held as of August 31. Bitcoin fell to lows of $25k while…

SoFi Bank holds $170 million in crypto

SoFi Bank’s second quarter earnings report indicated crypto holdings of $170 million. It includes Bitcoin, Ethereum, Litecoin, Dogecoin and Cardano. San Francisco-based SoFi Bank, which has over 6.2 million customers,…

Cardano heads further south amid stablecoin launch. What holds for the token next?

The first stablecoin on Cardano (ADA/USD) has been launched. The USD-based stablecoin, iUSD, was launched by the decentralised synthetic asset issuance protocol, Indigo. The launch of iUSD comes two months…

What holds for Dogecoin after overcoming a key resistance after Twitter acquisition?

Elon Musk has finally acquired Twitter in a $44 billion deal. No one is as excited by the news as Dogecoin (DOGE/USD) investors. As of press time, DOGE had surged…

What holds for ApeCoin after meeting resistance at $5?

Cryptocurrencies staged a comeback after the Canadian central bank raised interest rates lower than expected. Coming amid a period of high inflation and high borrowing rates, speculations now shift to…

Dogecoin holds onto support. What is the likelihood of a bullish reversal?

Dogecoin DOGE/USD is trading for $0.05979, a 1.28% gain in the past day and 0.75 % in the last week. The uptick could be due to Dogechain, a smart contract…

Bitcoin holds to $19K as exchange outflows heighten. Is it an outright buy?

Bitcoin has held close to the $19,000 support for the past two weeks The… The post Bitcoin holds to $19K as exchange outflows heighten. Is it an outright buy? appeared…

Decision time as Axie Infinity holds support amid weak momentum

Axie Infinity has dipped 2.62% in the past day. Google Cloud recently joined the… The post Decision time as Axie Infinity holds support amid weak momentum appeared first on CoinJournal.