• 101
  • 27
  • Favorite

Most of Blockchain Stocks rally in morning trading

Tiger Newspress2021-06-09

(June 9) Most of Blockchain Stocks rally in morning trading, Bitcoin traded above $35000 Wednesday, up from a day earlier.

Bitcoin traded above $35,000 Wednesday, up from a day earlier. On Tuesday, the Bitcoin price sank as low as to $31,035, undercutting a late May low. Dropping below $30,000 would signal a key breakdown for Bitcoin, which has been trying to hold support but hitting resistance at around $40,000 over the past couple of weeks. Bitcoin hit a record $64,829.14 in mid-April.

Other cryptocurrencies, including Ethereum and Dogecoin also sold off Tuesday before rebounding somewhat.

U.S. law enforcement said Monday they had recovered Bitcoin currently worth $2.3 million paid by the Colonial Pipeline last month to hackers. That cyberattack spurred a shutdown of the major East Coast gasoline pipeline. Colonial said it had paid Bitcoin worth $4.4 million at the time.

A key selling point for Bitcoin is that it's private and hard to trace, making it popular with criminals and tax evaders. But the partial recovery of the Colonial Pipeline ransom suggests law enforcement can trace Bitcoin payments to some extent. Meanwhile, the U.S. is taking steps to crack down on Bitcoin-related tax evasion, moving toward requiring cryptocurrency exchanges such asCoinbase(COIN) to report large transactions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment27

  • SuperDizzyy
    ·2021-06-18
    Nice read
    Reply
    Report
  • yao2159
    ·2021-06-14
    ?? 
    Reply
    Report
    Fold Replies
    • yao2159
      👌
      2021-12-22
      Reply
      Report
  • JCKL488
    ·2021-06-11
    I hope more LATAM countries will start acceptingbitcoin and other crypto currencies soon 
    Reply
    Report
  • PhilipGoh
    ·2021-06-10
    Sos [財迷] [財迷] [財迷] 
    Reply
    Report
  • Goondoo
    ·2021-06-10
    Nice
    Reply
    Report
  • abp
    ·2021-06-10
    Nice
    Reply
    Report
  • Jolenelxm
    ·2021-06-10
    Comment and likeee preaseeee
    Reply
    Report
    Fold Replies
    View more 2 comments
  • chialoon
    ·2021-06-10
    Would MASTER or VISA start to use blockchain?
    Reply
    Report
  • Topwong
    ·2021-06-10
    Hmmm
    Reply
    Report
  • BossBoss
    ·2021-06-10
    This type of stock too volatile 
    Reply
    Report
    Fold Replies
    • IchiGo
      need to choose the investment that suit ourselves
      2021-06-10
      Reply
      Report
    • IchiGo
      [强]
      2021-06-10
      Reply
      Report
    • CMPek
      high risk high return boss
      2021-06-10
      Reply
      Report
  • MrMrsBean
    ·2021-06-10
    Like and comment. Thanks 
    Reply
    Report
    Fold Replies
    • MrMrsBean
      Yeah
      2021-06-11
      Reply
      Report
    • kenong62
      done please comment n like
      2021-06-10
      Reply
      Report
  • seejy
    ·2021-06-10
    like and comment
    Reply
    Report
    Fold Replies
    • seejy
      dpne
      2021-06-13
      Reply
      Report
    • Brsje
      Done
      2021-06-10
      Reply
      Report
    • Jascerol
      Like and comment
      2021-06-10
      Reply
      Report
  • seejy
    ·2021-06-10
    [財迷] [財迷] [財迷] [財迷] 
    Reply
    Report
  • 31dragon
    ·2021-06-10
    Look deeper.. ?Is It Cryto promotes as illegal ways for ads to hackers or... 
    Reply
    Report
  • fongj
    ·2021-06-09
    Time to go up!
    Reply
    Report
  • UTOtrader
    ·2021-06-09
    Why rally? Any news
    Reply
    Report
    Fold Replies
    • andrew123
      as more countries follow  the leader to accept btc as legal , than intetest in crypto world will take of.
      2021-06-10
      Reply
      Report
    • LukeTan
      [财迷]
      2021-06-09
      Reply
      Report
  • Zennyz
    ·2021-06-09
    Lol
    Reply
    Report
  • Onunu
    ·2021-06-09
    To the mooooon! 
    Reply
    Report
  • Brugelion
    ·2021-06-09
    Like and comment thanks
    Reply
    Report
    Fold Replies
  • Jun Ming 50
    ·2021-06-09
    Comment n like please
    Reply
    Report
    Fold Replies
    • Brugelion
      Great
      2021-06-09
      Reply
      Report
    • Brugelion
      Thanks
      2021-06-09
      Reply
      Report
    • YapYap
      ?
      2021-06-09
      Reply
      Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial