Bitcoin

Bitcoin

Ashton Kutcher and Michelle Phan Invest in Lolli’s $3M Seed Round

Lolli, the bitcoin rewards shopping app, attracted celebrity investors in a $3 million round led by the early-stage arm of Peter Thiel’s Founders Fund.

Business  ·  11 May 2020
Bitcoin

Bitcoin’s 8% Drop Triggers Largest Liquidation on BitMEX in 2 Months

BitMEX liquidated over $250 million-worth of bitcoin long-short positions after spot prices fell sharply Sunday.

Markets  ·  11 May 2020
Bitcoin

Crypto Long & Short: Bitcoin Markets Are Growing Up. Bitcoin Mining Is, Too

There is a notable shift in the style and profile of bitcoin miners, towards more sophisticated structures and financial engineering.

Markets  ·  11 May 2020
Bitcoin

Bitcoin Dominance Is Making Investors Rich, Thanks to Crypto Hedge Funds

Crypto hedge funds saw their assets under management double to $2 billion in 2019, according to a new report from PricewaterhouseCoopers (PwC).

Markets  ·  11 May 2020
Bitcoin

Market Wrap: Interest in Bitcoin Rises as Prices Near $10K, but Can It Continue?

Casual investors are hearing about bitcoin more often while professionals are taking advantage of a growing derivatives market.

Markets  ·  8 May 2020
Bitcoin

3 Straight Record Days Drive CME Bitcoin Futures Open Interest to All-Time High

Open interest for CME bitcoin futures made a new all-time high of just under $500 million on Friday. CME’s bitcoin futures market are growing faster than nearly every other bitcoin futures market on a percentage and real growth basis.

Markets  ·  8 May 2020
Bitcoin

Most Bitcoin Buyers Are in the Money Ahead of the Halving, Data Suggests

Nearly 85% — or 25.79 million — of addresses holding bitcoin are now “in-the-money.”

Markets  ·  8 May 2020
Bitcoin

Open Positions on Bitcoin Options Pass $1B for First Time

Open contracts on bitcoin options rose to record highs on Thursday as the cryptocurrency’s price rose into five figures. It's not necessarily a bullish sign, though.

Markets  ·  8 May 2020
Bitcoin

Bitcoin Breaches $10K for First Time Since February

Bitcoin's price has broken the $10,000 barrier just days before its next halving.

Markets  ·  7 May 2020
Bitcoin

Market Wrap: Bitcoin at $9.9K as Halving Chatter Increases

Bitcoin’s price keeps gaining as people increasingly talk about the halving - but the event’s potential after-effects may be considered an afterthought for many investors.

Markets  ·  7 May 2020
Bitcoin

Hedge Fund Pioneer Turns Bullish on Bitcoin Amid ‘Unprecedented’ Monetary Inflation

Paul Tudor Jones II, a pioneer of the modern hedge fund industry, is ready to bet on bitcoin’s price as an inflation hedge.

Markets  ·  7 May 2020
Bitcoin

Bitcoin Outperforming Gold and Stocks so Far This Month

Bitcoin looks to have decoupled from traditional markets as investors refocus on the network's imminent mining reward halving.

Markets  ·  7 May 2020
Bitcoin

Market Wrap: Derivatives May Reduce Miner Selling Pressure After Bitcoin Halving

The crypto derivatives market is helping to hedge the uncertainty on which way the bitcoin market will go when miners have less revenue post-halving.

Markets  ·  6 May 2020
Bitcoin

Bitcoin Node Count Falls to 3-Year Low Despite Price Surge

The number of Bitcoin nodes fell to its lowest level in almost three years, according to data calculated by one prominent Bitcoin developer.

Tech  ·  6 May 2020
Bitcoin

Bitcoin Breaches $9.2K as Open Positions on CME Futures Hit 10-Month High

Bitcoin is quickly gathering upward momentum alongside a surge in open positions on CME futures.

Markets  ·  6 May 2020