The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
Market Wrap: Bitcoin Hovers Around $27K While ETH/BTC…
Bitcoin has mostly traded in a tight, low-volume range Monday while some profit-taking from bitcoin into ether is appearing on the ETH/BTC charts. Bitcoin (BTC) trading around $26,822 as of 21:00 UTC (4 p.m. ET).…
Bitcoin Options Market Suggests Investors Preparing for All-Time…
Activity in bitcoin’s options market shows investors are eyeing more gains for the top cryptocurrency, which is now just 2.8% below a record high. Bitcoin‘s one-month implied volatility, which is influenced by demand for call…
Market Wrap: Bitcoin Ascends to $16.8K; Uniswap and…
Bitcoin is knocking at the gates of $17,000 while Ethereum’s transaction growth in 2020 is a positive indicator of future financial use cases. Bitcoin (BTC) trading around $16,829 as of 21:00 UTC (4 p.m. ET).…
Market Wrap: Bitcoin Loses Steam at $15.9K; Over…
A bitcoin rally to new 2020 highs has been slowed by lower spot volume. Meanwhile, some ether investors are moving capital out of DeFi. Bitcoin (BTC) trading around $15,502 as of 21:00 UTC (4 p.m.…
First Mover: Bitcoin Falls as COVID-19 Surges, ECB’s…
Bitcoin was lower for a second day, even as traditional markets showed signs of stabilization following Wednesday’s sell-off. Cryptocurrency analysts looked for solace in bitcoin‘s October-to-date return, still at an impressive 22%, during a month…
Market Wrap: Bitcoin Hits $13.6K; 500K ETH Options…
Bitcoin’s price is turning bullish as ether options traders accumulate half a million of ETH options for December expiration. Bitcoin trading around $13,519 as of 20:00 UTC (4 p.m. ET). Gaining 2.6% over the previous…
Bitcoin’s Options Market Sees Just 6% Chance of…
While bitcoin’s rally over the past month has revived talks of its price reaching new record highs above $20,000 by the end of the year, the cryptocurrency’s options market continues to assign a very low…
Institutions Long and Hedge Funds Short: Bitcoin Options…
Trends in bitcoin options markets are making it difficult for financial analysts to pinpoint BTC’s next move. Data from CME’s recently published trader report shows that institutional investors are capturing a larger number of bitcoin…
Market Wrap: Bitcoin Has Light Response to OKEx…
Bitcoin rebounded from an OKEx-related drop; ether options traders may be beacon chain bearish. Bitcoin (BTC) trading around $11,327 as of 20:00 UTC (4 p.m. ET). Slipping 2% over the previous 24 hours. Bitcoin’s 24-hour…
Market Wrap: Bitcoin Bumps Close to $11.6K; Ether…
Bitcoin bounced close to $11,600 before retreating a bit while ether options traders are less active than they were in September. Bitcoin (BTC) trading around $11,552 as of 20:00 UTC (4 p.m. ET). Gaining 1.7%…
Market Wrap: Bitcoin Gains Steadily to $10.7K; Ethereum…
Bitcoin’s price is steadily increasing after last week’s bad news dump; while Ethereum’s fees fall. Bitcoin (BTC) trading around $10,734 as of 20:15 UTC (4:15 p.m. ET). Gaining 0.51% over the previous 24 hours. Bitcoin’s…
Market Wrap: Blame BitMEX as Bitcoin Dumps to…
Derivative exchange BitMEX’s legal issues with U.S. regulators took a toll on bitcoin’s price while DeFi gave Ethereum miners more fee revenue than ever. Bitcoin (BTC) trading around $10,582 as of 20:00 UTC (4 p.m.…
Market Wrap: Bitcoin Hits $10.9K; Ether Options Signal…
An early rally Monday almost pushed bitcoin over $11,000; the ether options market expects volatility in the short term. Bitcoin (BTC) trading around $10,874 as of 20:00 UTC (4 p.m. EDT). Gaining 1% over the…
Market Wrap: Bitcoin Hits $10.7K; Options Market Likes…
Bitcoin had a small rally Thursday. Meanwhile, the ether options market is giving some investors protection from decentralized finance downsides. Bitcoin (BTC) trading around $10,653 as of 20:00 UTC (4 p.m. EDT). Gaining 3.3% over…
Market Wrap: Bitcoin Dips to $10.1K, Ether Drops…
Bitcoin and ether both dropped Monday as global markets conducted a selling session. Bitcoin (BTC) trading around $10,492 as of 20:00 UTC (4 p.m. EDT). Slipping 3.6% over the previous 24 hours. Bitcoin’s 24-hour range:…
Market Wrap: Bitcoin Slumps to $10.7K; Ethereum Fees…
Bitcoin lost momentum Thursday while DeFi delirium pushes fees on Ethereum back up. Bitcoin (BTC) trading around $10,920 as of 20:00 UTC (4 p.m. ET). Slipping 0.73% over the previous 24 hours. Bitcoin’s 24-hour range:…
Market Wrap: With Fed Rate Policy Unchanged, Bitcoin…
Bitcoin’s price continues to move up, with a little help from the U.S. Federal Reserve, while ether traders are hedging in the options market. Bitcoin (BTC) trading around $10,979 as of 20:00 UTC (4 p.m.…
Market Wrap: Bitcoin Stuck at $10.3K; Uniswap Value…
It was a quiet day in the bitcoin market while there was action on Uniswap’s total crypto value locked. Bitcoin (BTC) trading around $10,316 as of 20:00 UTC (4 p.m. ET). Slipping 0.13% over the…
Blockchain Bites: Ripple’s Case, SushiSwap’s Migration, Ether’s Bears
A DBS Bank economist thinks the coronavirus pandemic will accelerate digital asset adoption, Mastercard announced a CBDC testing ground and SushiSwap has a temporary governance structure in place. Top shelf Digital adoptionSingapore-based DBS Bank thinks the…
Market Wrap: Bitcoin Falls to $11.1K; Ethereum Miners…
Bitcoin took a dive Wednesday. Ethereum miners are benefiting from all that DeFi. Bitcoin (BTC) trading around $11,396 as of 20:00 UTC (4 p.m. ET). Slipping 4.8% over the previous 24 hours. Bitcoin’s 24-hour range:…
Market Wrap: Bitcoin Breaks $12K; Uniswap Crosses $1.5B…
Bitcoin breached $12,000 again Tuesday, and traders see bullish crypto signals everywhere on the charts. Bitcoin (BTC) trading around $11,970 as of 20:00 UTC (4 p.m. ET). Gaining 2% over the previous 24 hours. Bitcoin’s…
Bakkt Futures Volume Up on Institutional Trading; Its…
Growing institutional interest is helping to drive a recent spike in volume on Bakkt, according to its president, Adam White. But the U.S.-regulated crypto derivatives exchange is holding out hope its dormant options platform will…
Market Wrap: Bitcoin’s Powell-Induced Price Swing; Ethereum Still…
Bitcoin’s rally lost power after a speech by the Federal Reserve chief; Ethereum gas usage hits another record. Bitcoin (BTC) trading around $11,251 as of 20:00 UTC (4 p.m. ET). Slipping 1.8% over the previous…
3 reasons why Bitcoin price volatility may spike…
As the monthly candle close of Bitcoin (BTC) comes closer, signs of heightened volatility are emerging. With just four days until the highly anticipated CME futures contract and Deribit options expiration, BTC’s near-term direction remains…
Market Wrap: Bitcoin Cracks $12.4K; DeFi Crosses $6B…
Bitcoin made a major gain Monday while investors have locked over $6 billion in crypto into various DeFi services. Bitcoin (BTC) trading around $12,332 as of 20:00 UTC (4 p.m. ET). Gaining 4.1% over the…
Some Traders Now Taking Bets Ether Will Break…
Deribit has started listing ether (ETH) options with strikes above $1,000, and some traders are now betting the cryptocurrency will reach that price by year’s end. Over 3,470 contracts – worth $1.3 million – of…
Market Wrap: Bitcoin Hits 1-Month High; DeFi Value…
Thursday was an up day for both bitcoin and ether prices. Bitcoin (BTC) trading around $9,590 as of 20:00 UTC (4 p.m. EDT). Gaining 2% over the previous 24 hours. Bitcoin’s 24-hour range: $9,364-$9,686 BTC…
Market Wrap: Bitcoin Sticks Around $9,200 as Traders…
Traders look towards altcoins and equities as volatility dips in a quiet July bitcoin market. Bitcoin (BTC) trading around $9,185 as of 20:00 UTC (4 p.m. ET). Slipping 1% over the previous 24 hours. Bitcoin’s…
Market Wrap: Stocks Tick Downward and so Does…
Bitcoin is back at $9,200 Thursday as crypto derivatives helped push its price down and equities closed lower. Bitcoin (BTC) trading around $9,211 as of 20:00 UTC (4 p.m. ET), slipping 2.3% over the previous…
Market Wrap: With Low Volatility, Traders Seem to…
Over the past month, while market action has been relatively quiet, crypto traders have punched the buy button when bitcoin’s price drops below $9,000. Bitcoin (BTC) trading around $9,208 as of 20:00 UTC (4 p.m.…
What’s Fueling DeFi Token Compound’s Powerful 20% Intraday…
One of the crypto market’s hottest DeFi tokens, Compound (COMP) has gone on an over 20% intraday rally. Meanwhile, the rest of the market is seeing red due to overall Bitcoin weakness. What’s causing Compound…
Why This Options Trader is Bearish on the…
Decentralized finance has become the talk of the cryptocurrency market in 2020. The most recent buzz phrase surrounded in hype is “yield-farming,” and at the center of it, a DeFi token called Compound (COMP). But…
Bitcoin Options Market Faces Record $1 Billion Expiry…
Bitcoin’s (BTC) derivatives continue to grow despite light spot trading over the past two months. The cryptocurrency’s options market is on its way to a record $1 billion monthly expiry this Friday. At press time, there…
Market Wrap: Bitcoin Is Still Up 30% in…
Despite sliding in sympathy with stocks this week, bitcoin’s performance remains healthy this year, up 30% so far. Bitcoin (BTC) was trading around $9,412 as of 20:00 UTC (4 p.m. ET), gaining 2% over the…
$90M Daily? What Would It Mean to Sustain…
Industry executives and famed technical analysts including Morgan Creek CEO Mark Yusko and trader Peter Brandt predict Bitcoin (BTC) to reach $100,000 in the long-term. For that to happen, the top cryptocurrency needs to see…
Market Wrap: Bitcoin Closing in on $9,900 as…
A quick rally followed by a sharp decline earlier this week in bitcoin prices spelled trouble for bulls. However, volatility is back in the spotlight and that could bring other opportunities, according to market players.…
Market Wrap: Traders ‘Whack the Beehive’ as Bitcoin…
Tuesday’s bitcoin price whipsaw can be partially explained by large traders looking to deleverage in the derivatives market. Bitcoin (BTC) was changing hands around $9,512 as of 20:00 UTC (4 p.m. ET), slipping less than…
Top Analysts Lay Out Compelling Case for $12K…
The price of Bitcoin (BTC) could rise to as high as $12,000 within the next month, some traders say. Predictions for an extended uptrend emerged as the dominant cryptocurrency steadied amid declining volatility for about…
Market Wrap: Short Seller Liquidations Help Push Bitcoin…
Bitcoin broke through $9,500 Thursday and those short sellers betting on lower prices got liquidated by some crypto derivatives exchanges. That also helped push the world’s oldest cryptocurrency higher. As of 20:50 UTC (4:50 p.m.…
The Men Who Stare at Charts
Charts tracking the price of bitcoin dominate six buzzing monitors in the third floor office of a rotting, centuries-old tower block in the heart of Kiev. A pattern emerges among the shifting forms and shapes,…
Bitcoin on the Cusp of Going Parabolic as…
Bitcoin has seen some notable upwards momentum today that has allowed the benchmark cryptocurrency to surmount the heavy resistance that it was previously facing at $9,200. Today’s upwards breakout marks a bullish resolution to the…
Market Wrap: Bitcoin Edges Up to $7.7K as…
Bitcoin's price is on the upswing, and so is the amount of computing power securing the network as a once-in-four-years event known as the halving approaches. The world’s oldest cryptocurrency is up 12% over the…
Market Wrap: Bitcoin Steady at $7.5K as Short…
Since Thursday’s jolt in bitcoin prices, the cryptocurrency has traded in a tight range close to the $7,500 level. It has not only come back from the losses suffered in March, it’s also showing some…