Bitcoin

Bitcoin

First Mover: Horrible 2020 Economy Proved Best Thing for Bitcoin

In 2020, bitcoin went from fringe investment to the talk of Wall Street, as the coronavirus-induced recession spurred recovery plans built around stimulus.

Markets  ·  14 December 2020
Bitcoin

Bitcoin Still on Track to Breach $20K in Coming Weeks: Analysts

Bitcoin's revived uptrend could soon lead to a much-anticipated breakout above the $20,000 mark, according to several analysts.

Markets  ·  14 December 2020
Bitcoin

MassMutual’s Bitcoin Buy May Presage $600B Institutional Flood: JPMorgan

JPMorgan analysts said MassMutual's recent $100 million bitcoin purchases are a sign of growing mainstream acceptance for the cryptocurrency.

Business  ·  14 December 2020
Bitcoin

Crypto Long & Short: Bitcoin’s Relationship With Gold Is More Complicated Than It Looks

Just because gold is losing momentum and bitcoin is gaining it doesn't mean investors are selling gold to buy bitcoin – not yet, anyway.

Markets  ·  13 December 2020
Bitcoin

Market Wrap: Bitcoin Holding at $18K; Active Ethereum Addresses up 140% in 2020

Bitcoin’s price dipped below $18,000 for the third straight day while an increase in active Ethereum addresses is fundamentally positive.

Markets  ·  11 December 2020
Bitcoin

Why a Massive 169-Year-Old Insurance Company Just Bought $100M in Bitcoin

MassMutual becomes the latest announced institutional buyer of bitcoin, and this one could be even more significant in terms of precedent.

People  ·  11 December 2020
Bitcoin

First Mover: Stimulus Bet Wins Even as Bitcoin Slips Below $18K

MassMutual's push into bitcoin shows increasing adoption – of the narrative the cryptocurrency can work as a hedge against central-bank money printing.

Markets  ·  11 December 2020
Bitcoin

Wallets With Over 1,000 Bitcoin Have Hit Record Number: Chainalysis

The data backs the popular narrative that institutional bitcoin investors have been leading the 2020 price rally.

Markets  ·  11 December 2020
Bitcoin

Bitcoin Whales Buy Low, Sell High; Retail Investors Chase Rallies: Data

Data from OKEx gives one explanation of how bitcoin whales were able to influence the market during the rallies.

Markets  ·  11 December 2020
Bitcoin

Market Wrap: Bitcoin Briefly Slides Below $18K as ETH Is More Volatile Than BTC in 2020

Bitcoin slipped below $18,000 again Thursday as ether’s volatility in 2020 shows a different dynamic.

Markets  ·  10 December 2020
Bitcoin

MassMutual Buys $100M in Bitcoin, Bets on Institutional Adoption With $5M NYDIG Stake

Massachusetts Mutual has made a $100 million investment in bitcoin and a $5 million equity stake in New York Digital Investments Group.

News  ·  10 December 2020
Bitcoin

Ethereum Far Outpaces Bitcoin in Developer Activity in 2020: Electric Capital Report

The number of developers in crypto is ticking up again, and one network remains a clear winner in attracting coders.

Tech  ·  10 December 2020
Bitcoin

First Mover: Bitcoin Stuck as ECB’s Lagarde Primes Extra €500B Stimulus

The ECB's decision to expand an emergency bond-buying program by €500B may represent the latest installment of years-long balance-sheet increase.

Markets  ·  10 December 2020
Bitcoin

ECB Boosts Emergency Bond-Buying Program by 37% to €1.85T Amid Pandemic Resurgence

The ECB says the additional monetary policy actions were needed because of a resurgence in coronavirus cases.

Markets  ·  10 December 2020
Bitcoin

Market Wrap: Bitcoin Recovers to $18.2K While Market Dynamics Juice DeFi Total Locked

Bitcoin fell below $18,000 Wednesday while DeFi closing in on $15 billion locked may have more to do with price than actual cryptocurrency parked there.

Markets  ·  9 December 2020