Bitcoin

Bitcoin

Open Positions in Bitcoin Futures Rise to 1-Month High

Open interest rose to $13.1 billion after being in the $10.5 billion to $13 billion range.

Markets  ·  15 June 2021
Bitcoin

Hunt for Yield: Wrapped BTC Now Holds More Than 1% of Bitcoin’s Circulating Supply

The trend shows how some savvy crypto traders have pivoted to salvage or maintain returns even as bitcoin's price tumbled.

Markets  ·  15 June 2021
Bitcoin

Bakkt Allows Users to Send Bitcoin, Gift Cards From Its Wallet

New functionality allows users to email crypto assets to people who don’t use the app.

News  ·  15 June 2021
Bitcoin

3 Things to Watch for Before Calling a Bitcoin Bottom

The Fed's dot plot may show rate hikes before end-2023 versus the March projections that signaled none until 2024, one analyst said.

Markets  ·  15 June 2021
Bitcoin

Bitcoin Stalls at Resistance; Lower Support at $36K

However, the short-term trend is improving as the daily chart advances from oversold levels.

Markets  ·  15 June 2021
Bitcoin

MicroStrategy to Sell Up to $1B in Stock, Use Part of Proceeds to Buy Yet More Bitcoin

The company plans to sell up to $1 billion in stock to buy even more.

News  ·  14 June 2021
Bitcoin

Market Wrap: Bitcoin Sustains ‘Musk Jump’ as Crypto Sentiment Improves

Bitcoin tests $40K following positive comments from Tesla's CEO Elon Musk and hedge fund manager Paul Tudor Jones.

Markets  ·  14 June 2021
Bitcoin

Bitcoin and Ether Price Indicators Support Near-Term ‘Relief Rally’

Bitcoin's weekly stochastic oscillator has turned up from oversold or below -20 levels, a positive sign for the cryptocurrency.

Markets  ·  14 June 2021
Bitcoin

Crypto Not a ‘Viable Investment,’ Goldman Sachs Says

Bitcoin has quadrupled in price since the last time Goldman's consumer division declared bitcoin not "suitable" for clients.

Business  ·  14 June 2021
Bitcoin

Bitcoin Fund Outflows Slow but Investors Start Exiting Ether Funds

The amount of money leaving was significantly less than the previous, record week of $141 million.

Markets  ·  14 June 2021
Bitcoin

Paul Tudor Jones Could Go ‘All-In’ on Inflation Trade, Wants 5% Bitcoin Allocation

Jones said he likes bitcoin and sees it as a great way to protect wealth over the long run.

News  ·  14 June 2021
Bitcoin

MicroStrategy Raises $500M From Bond Sale to Buy More Bitcoin

The announcement comes with news of a new bitcoin-holding subsidiary, MacroStrategy LLC.

Business  ·  14 June 2021
Bitcoin

Bitcoin ‘Options Smile’ Shows Market Fearful of Downside Despite Tesla News

Bitcoin option's smile shows persistent fears of deeper drop and low expectations for a quick rally.

Markets  ·  14 June 2021
Bitcoin

Bitcoin Attempts Range Breakout, Faces Resistance at $42K

Bitcoin is attempting to break out of a monthslong range but faces resistance at $40K-$42K.

Markets  ·  14 June 2021
Bitcoin

Bitcoin Tops $40K as Musk Says Tesla May Accept Crypto in Future

"Musk's latest tweet will put the juice to the upside," a market observer said.

Markets  ·  14 June 2021