Bitcoin

Bitcoin

First Mover: Don’t Like $34K Bitcoin? Stellar, Litecoin Yet to Conquer Old Highs

Though bitcoin's rally has lost some steam, many traders are still in a bullish mood – and shifting to alternative cryptocurrencies known as "altcoins" whose prices have yet to clear all-time highs from years past. 

Markets  ·  13 January 2021
Bitcoin

Analysts Are Gloomy About Bitcoin’s Short-Term Price Outlook Right Now

Some are now forecasting an extension of Monday's 20% price drop as more bitcoin moves onto exchanges and institutional demand cools.

Markets  ·  13 January 2021
Bitcoin

Goldman Sachs Exec Says More Institutional Investment Would Calm Bitcoin Volatility

Global head of commodities research Jeff Currie believes the amount of institutional money in bitcoin needs to grow to mature the asset.

Markets  ·  13 January 2021
Bitcoin

Multiple Tokens See Rally Amid Looming ‘Alt Season’

Bitcoin and ether may be pulling back from their all-time highs but alternative cryptos are starting to see action.

Markets  ·  12 January 2021
Bitcoin

Market Wrap: Bitcoin Hovers Around $34.2K While Options Traders Pay Up for Possible ETH Upside

Bitcoin’s price has ridden a roller coaster on lower spot volume while options traders are ready to bet on ether FOMO.

Markets  ·  12 January 2021
Bitcoin

CEX, Lies and Videotape: Binance Accuses Rivals of Fighting Dirty

A bogus video on Chinese social media has intensified a long-standing feud involving Binance, Huobi and OKEx.

Markets  ·  12 January 2021
Bitcoin

First Mover: Market Signs Look Healthy as Bitcoin Sell-Off Subsides

Record trading volumes have accompanied bitcoin's rally this year, and subsequent swoon, offering a healthy sign of just how much price discovery is taking place in rapidly growing (to $3T?) cryptocurrency markets. 

Markets  ·  12 January 2021
Bitcoin

As Bitcoin Regains Lost Ground, Options Traders Bet on $52K Move by Late January

Some bitcoin traders are buying bullish call options at $52,000 and higher strike prices.

Markets  ·  12 January 2021
Bitcoin

Bitcoin Whales Kept Accumulating During Monday’s Crash

Larger investors, or whales look to have reacted differently than retail investors amid this week's bitcoin price drop.

News  ·  12 January 2021
Bitcoin

Eye-Popping Projection for $3T Crypto Market Underpins Bakkt Deal

Bakkt says cryptocurrencies could be a $3 trillion market by 2025, a five-fold increase.

Markets  ·  11 January 2021
Bitcoin

Bitcoin’s Active Addresses, Trading Volumes Now at All-Time Highs

Bitcoin's active addresses and trading volumes broke their previous all-time high set in late 2017.

Markets  ·  11 January 2021
Bitcoin

Market Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 Ether

Bitcoin’s huge sell-off by over $8,000 in the past 24 hours while options traders clearly are betting that ether is overvalued.

Markets  ·  11 January 2021
Bitcoin

Institutions Use This Strategy to Hide Their Bitcoin Orders

Having smaller orders in essence fools the market into thinking there is not much interest at those price levels when in fact there is.

Markets  ·  11 January 2021
Bitcoin

Bitcoin Erases Most of New Year’s Gains Amid Short-Term Profit-Taking

Monday's plunge has erased almost all the gains the leading cryptocurrency had achieved in the new year.

Markets  ·  11 January 2021
Bitcoin

First Mover: Cryptocurrency Euphoria Hits Breaking Point as Miners Lose Nerve

Crypto euphoria gets a reality check as bitcoin and ether tumble, though XRP is still trading well as SEC-inflicted damage proves limited.

Markets  ·  11 January 2021