Bitcoin

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Crypto News Roundup for Aug. 5, 2021
With Ethereum’s latest upgrade going live plus a look at the impact of crypto lobbyists in Washington, D.C., CoinDesk’s Markets Daily is back with the latest news roundup.
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Bitcoin Oversold Bounce Fades, Support at $34K-$36K
Initial support around $34K could stabilize the pullback.
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Bitcoin Again Falters at $40K as Ether Retreats From Two-Month High
Ether has rallied almost 60% in two weeks.
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Why Web 3.0 Tokens Might Be the Next Hot Trade in Cryptocurrencies
Digital assets like livepeer, helium and bittorent have soared in value this year despite the recent slump in cryptocurrencies.
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Bitcoin News Update for August 4, 2021
With Ethereum’s much-anticipated upgrade coming soon and a look at what could happen if Tether were to collapse, CoinDesk’s Markets Daily is back with the latest news roundup.
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Bitcoin Stuck Below $40K, Eyes Short-Term Oversold Bounce
Bitcoin buyers could maintain support above $36K.
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Crypto Tax Proposal in US Has Had Limited Impact on Bitcoin Market
Enactment of the bill, if it is passed and signed into law, is still far off.
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Bitcoin Approaching Short-Term Support at $34K-$36K
Bitcoin is under pressure, although buyers could return for a brief bounce.
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