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 Slips to $11.2K; Uniswap Flows…
Bitcoin is trending downward while ether transaction activity is showing Uniswap’s influence on the market. Bitcoin (BTC) trading around $11,359 as of 20:00 UTC (4 p.m. ET). Slipping 0.38% over the previous 24 hours. Bitcoin’s…
First Mover: Bitcoin’s Best Week Since July Shows…
Not everyone is happy with the U.K. Financial Conduct Authority’s decision to ban individual investors from speculating on bitcoin and other cryptocurrencies, and there’s an argument to be made that the agency’s rationale was hollow. But the ban is likely…
First Mover: Bitcoin’s Best Week Since July Shows…
Not everyone is happy with the U.K. Financial Conduct Authority’s decision to ban individual investors from speculating on bitcoin and other cryptocurrencies, and there’s an argument to be made that the agency’s rationale was hollow. But the ban is likely…
Price analysis 10/7: BTC, ETH, XRP, BCH, BNB,…
Crypto prices may be in a rut but that doesn’t mean product development and acquisitions cease to occur. This week Japanese financial firm SBI Holdings acquired a 100% stake in TaoTao cryptocurrency exchange. With the…
Price analysis 9/30: BTC, ETH, XRP, BCH, BNB,…
According to data from CryptoQuant, the total amount of Bitcoin (BTC) held in exchange reserves dropped from 2.8 million BTC in October 2019 to 2.4 million. Analysts believe that this steady decline in reserves means…
Bitcoin, Tesla and avocados: millennial traders are saying…
Between Sep. 9 and 16, the price of Bitcoin (BTC) rose by over 11%. Similarly, in the same period, Tesla stock (TSLA) surged from $330.21 to $449.76, by 36.2%. Millennials love TSLA stock and Bitcoin…
Price analysis 9/14: BTC, ETH, XRP, BNB, DOT,…
Most retail traders find it difficult to go against the herd and buy when the market is down. They generally wait for the price to recover and for improvements in sentiment before jumping in. By…
The Number of Bitcoin “Wholecoiners” Just Hit a…
Bitcoin investors have been accumulating the digital asset at a rapid pace throughout the past several days and weeks, with the cryptocurrency seeing massive inflows of capital in August while its price remained somewhat stagnant…
Price analysis 8/28: BTC, ETH, XRP, LINK, BCH,…
In his speech on Aug. 27, U.S. Federal Reserve chairman Jerome Powell said that the central bank will allow inflation to stay above its 2% target level if the figure has been languishing below that…
Korean Police Seize Crypto Exchange Coinbit Over Allegations…
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News,…
Crypto Exchange FTX Buys Blockfolio for $150 Million…
Cryptocurrency derivatives exchange FTX has acquired the popular portfolio tracking app Blockfolio for $150 million in a bid to gain a foothold in the crypto retail market. The deal – consummated after nine months of…
Price analysis 8/24: BTC, ETH, XRP, BCH, LINK,…
The coronavirus pandemic has forced people to change several social behavioral habits. Along with maintaining social distance from one another, people are also averse to using notes, coins or cards as they might transmit COVID-19. …
Bitcoin Bull Market Things? 3 Factors Suggest More…
The price of Bitcoin (BTC) has increased from $9,088 to $11,800 since July 1 by more than 30%. With it, the volume of top-tier cryptocurrency exchanges has surged to a staggering $334 billion. A report…
Bitcoin Bull Market Things? Top Exchange Volume Soars…
The price of Bitcoin (BTC) has increased from $9,088 to $11,800 since July 1 by more than 30%. With it, the volume of top-tier cryptocurrency exchanges has surged to a staggering $334 billion. A report…
Retail Investors are Flooding into Bitcoin as Likelihood…
Bitcoin’s price has been caught within a strong uptrend throughout the past several weeks, although this momentum is showing some signs of stalling as the cryptocurrency consolidates within the upper-$11,000 region. Analysts are now noting…
Institutional Traders on the CME are Still Bearish…
Bitcoin has been caught within the throes of a firm and unwavering bull trend throughout the past few weeks. After hovering within the lower-$9,000 region for over a month, the crypto’s breakout rally sent it…
Price Analysis 7/31: BTC, ETH, XRP, BCH, BSV,…
Economists are divided on the consequences of record low interest rates across the globe and the incessant money printing by the central banks. However, one thing that most experts agree upon is that investors should…
Bitcoin Options Data Shows Investors Betting on $50K…
Over the past three weeks, $150,000 worth of Bitcoin (BTC) $50K call options for June and December 2021 strikes have been traded. LedgerX derivatives exchange has been intermediating these ultra bullish trades, but what could…
Here’s Why the Chinese Stock Market’s Rally Might…
The Chinese stock market has found itself caught within the throes of a fresh bull market, and it could create a tailwind that lifts Bitcoin. After facing the dire implications of the ongoing pandemic that…
First Mover: Crypto.com’s Chain Token Dominated Markets in…
Credit-card lender and wallet provider Crypto.com’s Chain (CRO) token surged 33% in June, dominating digital-asset markets as bitcoin, ether and XRP from Ripple all declined. The CRO token’s gains made it the top performer during…
Key Data Points at Institutional Traders Offloading Bitcoin…
Data on Bitcoin futures from the Chicago Mercantile Exchange (CME), on the Commitments of Traders (CoT), shows a sharp decline in aggregate holdings by institutional traders for June. Bitcoin price with open interest on CME.…
Experts Debate Bitcoin Price Volatility as $675M in…
On June 26, $675 million worth of Bitcoin options expired, while industry experts remain divided on its potential effect on price volatility. Some believe the record expiration date will cause Bitcoin (BTC) to see a…
Only 3.5 Million Bitcoin Is Traded Worldwide; Majority…
Only 3.5 million bitcoin or 19% of total circulating supply is actively traded throughout the world, while the rest is being held long-term by investors, according to a new report by crypto analytics company Chainalysis.…
3 Ways Bitcoin Traders Can Spot and Avoid…
Unlike traditional financial markets, crypto exchanges are largely unregulated, and virtually every Bitcoin (BTC) and crypto trader is familiar with various stories detailing the degree to which certain aspects of crypto market price action is…
Only 3.5 Million Bitcoin Is Traded Worldwide; Majority…
Only 3.5 million bitcoin or 19% of total circulating supply is actively traded throughout the world, while the rest is being held long-term by investors, according to a new report by crypto analytics company Chainalysis.…
11.4M Bitcoin Held As Long Term Investment
According to Chainalysis, the vast majority of Bitcoin (BTC) is held as long term investment, with 60% held by licensed custodians. Breakdown of Bitcoin supply. Source: Chainalysis. Digital gold The company concluded that the breakdown…
11.4 M Bitcoin Held As Long Term Investment
According to Chainalysis, the vast majority of Bitcoin (BTC) is held as long term investment, with 60% held by licensed custodians. Breakdown of Bitcoin supply. Source: Chainalysis. Digital gold The company concluded that the breakdown…
Hedge Funds, Retail Investors Bought the Dip —…
According to Kraken crypto exchange CEO Jesse Powell, there has been a massive influx of new accounts from all types of investors. The trend coincides with Bitcoin’s (BTC) strong recovery from $3,600 to over $9,000.…
BTC Investors Bullish Even as Bitcoin Price Is…
Since recovering from this week’s drop to $8,900, Bitcoin (BTC) price has struggled to gain above $9,600 and this level needs to flip from resistance to support before further upside can occur. The largest digital-asset…
$930M in Bitcoin Options Expire Next Friday —…
Much attention has been paid to the Bitcoin options and futures market and each week crypto media reports on new record open interest figures being achieved. As the date of another futures and options expiry…
Tesla Stock Soars Above $1,000, Surpassing Bitcoin’s Market…
Today the value of Tesla stock set a new record high at $1,027, bringing the market capitalization to $188 billion, and also surpassing the total market cap of Bitcoin (BTC), which hovers at $181 billion.…
Price Analysis 6/3: BTC, ETH, XRP, BCH, BSV,…
Blockstream CEO Adam Back recently said that institutional money is not needed to propel Bitcoin (BTC) to $300,000 within five years. This is partially because the current financial situation could drive retail traders to look…
Trading Bitcoin Vs. BTC Futures — Which Is…
There’s an increasing number of exchanges offering futures contracts trading. So far there’s Binance, FTX, Bitfinex, Bybit, and Kraken, to name just a few. Volumes are also picking up across the board and it appears…
Price Analysis 5/20: BTC, ETH, XRP, BCH, BSV,…
While retail traders fret over whether Bitcoin (BTC) will break above $10,000 or not, the institutional players silently continue to build positions. On May 19 major digital asset management fund Grayscale tweeted that its assets…
U.S. Court Files Lawsuit Against BitMEX Crypto Derivatives…
A U.S. District Court has filed a lawsuit against controversial crypto derivatives exchange BitMEX. The plaintiff, BMA LLC, has accused BitMEX’s parent arm and operators of engaging in wire frauds, money laundering, and other illicit…
Record CME BTC Open Interest Shows Institutions Bullish…
Bitcoin’s (BTC) options markets are finally taking off at CME. This week Cointelegraph reported that the combined volume traded over the last ten days surpassed $140 million, as institutional investors delved in call options. The…
CoinMarketCap Initially Rejected the Metric That Now Puts…
Crypto markets data aggregator CoinMarketCap yesterday changed its methodology to rank exchanges on their web traffic by default — a metric that puts CoinMarketCap’s new owners Binance in the top spot. But this stands in…
Wall Street is Coming to Bitcoin: Here’s Why…
Things ramped up a gear today as Bitcoin derivatives platform, Deribit announced full integration of the ClearLoop custody and settlement solution for institutions. ClearLoop is the brainchild of London-based Copper, headed by CEO, Dmitry Tokarev,…
Bitcoin Hits $10K — Paul Tudor Jones Buys…
Today Bitcoin (BTC) hit $10,000 after finally managing to break above a long-term descending trendline at $9,400. The break above the important psychological level comes as there are only 4 days left until the Bitcoin…
Binance Sees Record High Trading Volume as Investors…
The crypto market has been able to add on over $20 billion to its total capitalization, with the upswing seen today by Bitcoin and many of its smaller counterparts marking a full erasure of the…