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Showing Tag: "why bitcoin" (Show all posts)

Why Bitcoin, Ethereum May Be Fueling Up To Skyrocket: What To Watch For

Posted by Melanie Schaffer on Wednesday, October 13, 2021, In : Technical Analysis 
© Provided by Benzinga

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) have all settled into bullish flag patterns on the daily chart. The bull flag pattern is created with a sharp rise higher, forming the pole, which is then followed by a consolidation pattern that brings the stock or crypto lower between a channel with parallel lines or when the crypto trades sideways into a tightening range that forms a triangle. For bearish traders, the "trend is your friend" (until it's not) and the cry...

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Why Bitcoin, Ethereum, and Dogecoin All Popped on Monday

Posted by Rich Smith on Wednesday, August 11, 2021, In : Technical Analysis 



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a close up of a flag: Why Bitcoin, Ethereum, and Dogecoin All Popped on Monday© Provided by The Motley Fool Why Bitcoin, Ethereum, and Dogecoin All Popped on Monday

What happened

Cryptocurrency prices roared higher in Monday-morning trading, with Ethereum (CRYPTO: ETH) up 3.7% since midnight Sunday, Bitcoin (CRYPTO: BTC) up 4.4%, and Dogecoin (CRYPTO: DOGE) doing best of all -- up 5.9% as of 10:45 a.m. EDT.

An...

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Why Bitcoin, Dogecoin, and Ethereum Keep Dropping

Posted by Rich Smith on Thursday, July 15, 2021, In : 848FINACE 
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Why Bitcoin, Dogecoin, and Ethereum Keep Dropping© Provided by The Motley Fool Why Bitcoin, Dogecoin, and Ethereum Keep Dropping

What happened

It's Tuesday, and for the second day in a row, cryptocurrencies are going down. In 10:30 a.m. EDT trading today:

  • Bitcoin (CRYPTO: BTC) has slumped 1.6%;
  • Ethereum (CRYPTO: ETH) is down 2.6%;
  • and Dogecoin (CRYPTO: DOG...

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Why Bitcoin May Be Going Mainstream

Posted by #PAY_WATCH on Monday, March 1, 2021, In : 848FINACE 



We’re providing our Wallet readers with this exclusive content:

Cryptocurrency is going mainstream. After nearly a decade as an alternative form of digital-only currency on the fringes, it’s now being embraced by some major financial institutions

  • Bank of New York (BNY) MellonCorporation, the oldest bank in the nation, announced in February, 2021 that it will start holding, transferring, and issuing cryptocurrencies, including bitcoin. BNY Mellon will be the first big custody bank to accept ...

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