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…
Bitcoin Drops Below $30K, Dollar Bounces Ahead of…
Bitcoin and global equities are trading lower, while the anti-risk U.S. dollar is climbing ahead of a U.S. Federal Reserve meeting later today that may inject volatility into financial markets. The number-one cryptocurrency by market…
Bitcoin Drops, Dollar Bounces Ahead of Federal Reserve…
Bitcoin and global equities are trading lower, while the anti-risk U.S. dollar is climbing ahead of a U.S. Federal Reserve meeting later today that may inject volatility into financial markets. The number-one cryptocurrency by market…
Top 5 cryptocurrencies to watch this week: BTC,…
As Bitcoin price trade sideways, traders are keeping an eye out for new purchases from institutional investors in order to gauge whether BTC's correction is over. MicroStrategy’s recent purchase of 314 Bitcoin at an average price…
Analysts warn of institutional exhaustion with Bitcoin price…
The price of Bitcoin (BTC) recovered in the past two days after dropping to as low as $28,850. Following the swift rebound, however, BTC has been unable to break past heavy resistance at $33,000 on…
Analysts warn of institutional exhaustion with Bitcoin price…
The price of Bitcoin (BTC) recovered in the past two days after dropping to as low as $28,850. Following the swift rebound, however, BTC has been unable to break past heavy resistance at $33,000 on…
Market Wrap: Bitcoin Back Above $33K While Ether…
Crypto markets have reversed course across the board and are flashing green Friday. Bitcoin crossed over $32,000 and ether is rallying hard in 2021 so far. Bitcoin (BTC) trading around $33,608 as of 21:00 UTC…
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).…
First Mover: Bitcoin Below $19K and Customers Flee…
Bitcoin was lower, pushing prices back down below $19,000 toward where they started the week. Digital-asset traders have been speculating whether prices would quickly breach $20,000 after the cryptocurrency surged earlier this week to a…
OKEx’s Trading Volumes and Tether Reserve Plunge on…
A sharp drop in OKEx’s trading volume and stablecoin reserves – tether (USDT) in particular – may reveal an ongoing exodus of its users after the popular crypto derivatives exchange unexpectedly halted all crypto withdrawal…
First Mover: What China Crackdown Means for $18K…
Bitcoin was flat to slightly lower after briefly climbing Wednesday above $18,000 for the first time since December 2017. “There is a tsunami of buying power up against reluctant sellers,” Charlie Morris, CEO of the…
Bitcoin’s Rally Could Be Caused by a Supply…
Bitcoin’s price surge may be driven as much by a drying up in supply as by an increase in demand. That’s because Chinese miners are struggling to sell their crypto in ways that would quickly get…
Market Wrap: Bitcoin Flat at $15.3K; Crypto Locked…
Bitcoin is sideways Tuesday, with little price action. However, traders seem to be jumping into decentralized finance to maximize their crypto yield. Bitcoin (BTC) trading around $15,345 as of 21:00 UTC (4 p.m. ET). Slipping…
Tether Still Dominates Stablecoins, but USDC and Dai…
While tether (USDT), with a market cap surpassing $16 billion, continues to hold the lion’s share of stablecoins in circulation, two smaller rivals are trouncing it in crypto’s hottest market this year, decentralized finance (DeFi). …
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 Regains $10.6K; High-Balance Ether Addresses…
Bitcoin is recovering from Tuesday’s drop while there is a decrease in large-balance ether addresses. Bitcoin (BTC) trading around $10,651 as of 20:00 UTC (4 p.m. ET). Gaining 0.66% over the previous 24 hours. Bitcoin’s…
BitMEX’s Receding Market Share Might Have Spared Bitcoiners…
Four years ago, when the Seychelles-based cryptocurrency exchange BitMEX announced a new product called the “perpetual bitcoin leveraged swap,” few traders in nascent digital-asset markets could have anticipated what a major impact the obscure roll-out…
Market Wrap: Bitcoin Retests $10.8K; Total Value Locked…
Bitcoin’s price tested $10,800 to close out September while despite some market deflation, investors continue pushing crypto into DeFi. Bitcoin (BTC) trading around $10,701 as of 20:00 UTC (4 p.m. ET). Slipping 0.27% over the…
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 Over $11.7K; Uniswap Passes $500M…
Bitcoin is trending upward and volume on decentralized exchange Uniswap is soaring to an astounding new high. Bitcoin (BTC) trading around $11,724 as of 20:00 UTC (4 p.m. ET). Gaining 0.61% over the previous 24…
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…
Blockchain Bites: Major Acquisitions, Bitcoin Futures Liquidations and…
FTX acquired Blockfolio, ConsenSys acquired Quorum and police have seized the third-largest exchange in South Korea. And news broke the U.S. Securities and Exchange Commission (SEC) has formalized new “accredited investor” rules. You’re reading Blockchain Bites,…
First Mover: Binance’s New DeFi Futures Let Crypto…
Market Moves The fast-growing realm of decentralized finance – semi-autonomous exchanges and lenders erected from interconnected systems of digital tokens and coding atop the Ethereum blockchain – is one of the hottest corners of the…
Market Wrap: Bitcoin Hits $11.8K; Ethereum Gas at…
The bitcoin market is experiencing low volume Monday but ether continues to fuel DeFi’s growth. Bitcoin (BTC) trading around $11,737 as of 20:00 UTC (4 p.m. ET). Gaining 0.34% over the previous 24 hours. Bitcoin’s…
Bitcoin Struggles to Surpass $12.5K: Is a Correction…
Now that Bitcoin has been dancing between roughly $11,000 and $12,000 for the better part of a month, investors are wondering what’s going to come next. 2020 has been a crazy year in the financial…
Blast From the Past: Bitcoin Following Black Thursday…
Bitcoin price has just today set a new high for 2020 and is showing no signs of slowing down. However, as greed reaches extreme levels and ROI is stacking across the board, could the cryptocurrency…
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…
Blockchain Bites: CENTRE’s Blacklist, Brazil’s Stablecoin Boom and…
Coinbase is said to be preparing to go public, CENTRE blasklisted a decentralized address and U.S. sanctions on China could trickle down to crypto brokerages. Here’s the story: You’re reading Blockchain Bites, the daily roundup of…
Bitcoin Option Traders Bet on Bullish Move Following…
While bitcoin has gained 3% so far this week, the overall trading environment remains dull with volatility hovering at multi-year lows. Ten-day realized volatility, a historical metric, is now at just 20%, the lowest level…
Bitcoin Sees Small Gain as Gold Rallies to…
Bitcoin is reporting moderate gains on Monday as gold, a safe haven asset, rallies amid renewed coronavirus concerns. At press time, the cryptocurrency is priced around $9,430 – up 1.5% on the day – having…
Interest in Ether Options Outpaces Bitcoin, Can Drive…
Ether (ETH) options are having a fantastic year, with open interest on Deribit — the largest market for these options — having surged 315% to $158 million over the past two months, breaking the $150-million…
China’s Government Fuels Stablecoin Economy: Hong Kong Protesters,…
A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and…
Market Wrap: $10,000 Remains Bitcoin’s Price to Beat
It was $10,000 or bust as bitcoin traded unremarkably for much of Monday. Bitcoin (BTC) was trading around $9,706 as of 20:00 UTC (4 p.m. ET), slipping by less than a percent over the previous…
Bullishness Building in Bitcoin Options Market, Data Suggests
Option market traders look to be placing bets for a continued upward move in bitcoin, according to a key metric. The put-call open interest ratio, which measures the number of put options open relative to…
Open Interest in Ether Options Hits Record High…
Derivative contracts on ether are more popular than ever, as evidenced by record open positions in options listed on the Panama-based derivatives exchange Deribit. Open interest, or the number of contracts outstanding and not yet…
Market Wrap: Bullish Traders Push Bitcoin Over $9,100,…
The price of bitcoin (BTC) shot above $9,100 Wednesday in high-volume buying at around 10:00 UTC (6 a.m. ET) thanks to traders feeling optimistic about the crypto markets. As of 20:40 UTC (4:40 p.m. ET), bitcoin…
Bitcoin Drops Over 3% Despite Golden Cross and…
Bitcoin prices look to be struggling with buyer exhaustion, having put in a negative performance in the last 24 hours despite positive developments on both the macro and technical fronts. The top cryptocurrency by market…
Bitcoin Breaches $9.2K as Open Positions on CME…
Bitcoin is quickly gathering upward momentum alongside a surge in open positions on futures listed on the Chicago Mercantile Exchange (CME). The top cryptocurrency by market value jumped to a high of $9,220 at 10:20…
Bitcoin Options Trading Volumes Surge as Price Moves…
Bitcoin jumped to two-month highs early on Thursday and now looks set to register its biggest monthly gain in nearly a year. The top cryptocurrency by market value rose to $9,469 at 06:05 UTC, the…
Bitcoin Options Trading Volumes Surge as Price Rockets…
Bitcoin jumped to two-month highs early on Thursday and now looks set to register its biggest monthly gain in nearly a year. The top cryptocurrency by market value rose to $9,469 at 06:05 UTC, the…