Markets

Bitcoin

Market Wrap: Bitcoin, Ether Climb on ‘Green’ Mining Plans Before Losing Steam

Major cryptocurrencies saw a pop in anticipation of a more environmentally friendly mining outlook. Then they slipped.

Markets  ·  26 May 2021
Inflation

Lawrence Summers on Inflation: Fed ‘Will Only Remove the Punch Bowl After It Sees People Staggering Around Drunk’

“I think policy is rather overdoing it,” the former U.S. Treasury secretary said at Consensus 2021.

Markets  ·  26 May 2021
Bitcoin

Bitcoin ESG Concerns Might Slow Institutional Adoption, for Now

Two of the hottest trends in institutional investing – bitcoin adoption and environmental, social and governance factors – are suddenly colliding.

Markets  ·  26 May 2021
Europe

Security Tokens Could See Rapid Growth in Europe, Outpacing Cryptocurrencies

Security tokens could take off in Europe, potentially surpassing market volume for cryptos by 2026.

Markets  ·  26 May 2021
Bitcoin

Fairlead’s Stockton Plans to Add Bitcoin Exposure Only After Key Indicator Turns Higher

The analyst who predicted bitcoin's price crash says technical studies have yet to confirm a bottom.

Markets  ·  26 May 2021
Bitcoin

Bitcoin Rises from Oversold Levels; Faces Resistance Near $40K-$45K

BTC could see limited upside as the corrective phase weakens and buyers return.

Markets  ·  26 May 2021
Bitcoin

DBS Says Bitcoin Affects Stock Markets, Is ‘No Longer Fringe Asset’

The study found the correlation with S&P 500 futures rose during big bitcoin moves.

Markets  ·  26 May 2021
Bitcoin

Bitcoin Rises Above $40K as Mining Council Plans to Address Environment Concerns

Bitcoin's recovery rally looks to be gathering steam, but the 200-day SMA hurdle is still intact.

Markets  ·  26 May 2021
Bitcoin

Market Wrap: Ether Trading Volume Up, Closing In on Bitcoin; Crypto Market Struggles

Action in the ether market might take the spotlight from bitcoin over time due to very different mechanics between the two assets.

Markets  ·  25 May 2021
DeFi

High-Yield Crypto Ecosystem Offers Alternative to Low Interest Rates

People are turning to crypto not just as a hedge against inflation but also for the high returns it can offer.

Markets  ·  25 May 2021
MicroStrategy

Michael Saylor: Mining Council Will ‘Defend’ Bitcoin Against ‘Uninformed’ and ‘Hostile’ Energy Critics

The Bitcoin Mining Council hopes to “manage concerns, especially from uninformed parties” about the cryptocurrency’s energy usage, Microstrategy CEO and bitcoin evangelist Michael Saylor said.

Markets  ·  25 May 2021
Fidelity

Blockchain May Be ‘an Existential Threat’ to Fidelity, Institutional Head Says

The main driver of Fidelity’s increasing involvement in the crypto space is client interest, Mike Durbin said.

Markets  ·  25 May 2021
Coinbase

How Investors Can Gain Crypto Exposure Through Stocks

Stocks such as RIOT and COIN offer investors crypto exposure without owning BTC directly, according to a panel at Consensus 2021.

Markets  ·  25 May 2021
FTX

Sam Bankman-Fried Says Bitcoin Mining Council Opens an ‘Interesting Can of Worms’

Hopefully it will clean up the "stupid dialogue going on about ESG," he said. "Not in the sense that ESG was stupid, but that the dialogue was."

Markets  ·  25 May 2021
Bitcoin

Bitcoin Struggles at Resistance; Support at $35K

A decisive break above $40,000 is needed to resume the uptrend.

Markets  ·  25 May 2021