Bitcoin

Bitcoin

Bitcoin Options Open Interest Hits Record High in Expiry Week

Bitcoin's options market is more popular than ever with record open interest of more than $2.10 billion.

Markets  ·  24 September 2020
Bitcoin

First Mover: Federal Reserve, Congress Play Game of Chicken Over Stimulus as Market Lurches

Markets from stocks to bitcoin have groaned amid dimming prospects for more U.S. stimulus, and neither Congress nor the Fed are taking the lead.

Markets  ·  24 September 2020
Bitcoin

Strengthening US Dollar Could Bring Further Downside for Bitcoin

With the U.S. dollar eyeing a pre-election recovery, the path of least resistance for bitcoin may be to the downside.

Markets  ·  24 September 2020
Bitcoin

Bitcoin in Africa: FastBitcoins Partners With Flexepin to Expand Global Footprint

FastBitcoins has partnered with ASX-listed Flexepin to bring the U.K.-based crypto company's services to 20,000 more locations.

Business  ·  24 September 2020
Bitcoin

Market Wrap: Bitcoin Drops to $10.2K; Scaling Solution xDai Doubles in Value Locked

Bitcoin price dipped Wednesday while investors park crypto in Ethereum sidechain stablecoin xDai.

Markets  ·  23 September 2020
Bitcoin

First Mover: Bitcoins Hit Exchanges as Bloomberg Touts Crypto and DeFi Hedge Fund Seeks $50M

Bloomberg hails crypto as top 2020 asset, bitcoin hits exchanges, options traders see calm around U.S. elections, hedge fund seeks $50M for DeFi.

Markets  ·  23 September 2020
Bitcoin

Bitcoin Market Weakening After Macro-Based Sell-Off, On-Chain Data Suggests

Bitcoin inventory is building on exchanges but there's a lack of buyers, according to a Chainalysis economist.

Markets  ·  23 September 2020
Bitcoin

Crypto Hedge Fund Looks for $50M to Buy DeFi Tokens Amid Market Pullback

Panxora, a cryptocurrency hedge fund manager, seeks $50 million to buy digital tokens associated with decentralized finance, known as DeFi.

Markets  ·  23 September 2020
Bitcoin

Market Wrap: Bitcoin Clings to $10.4K; Ether in Smart Contracts Highest Since 2016

Bitcoin price holds steady while ether in smart contracts reach a level not seen in four years.

Markets  ·  22 September 2020
Bitcoin

Supply of Tokenized Bitcoin on Ethereum Now Tops $1.1B: Here’s Why

The supply of BitGo’s wrapped bitcoins (WBTC) topped 76,000 after setting an all-time record of nearly 21,000 WBTC minted within one week. Here’s why.

Tech  ·  22 September 2020
Bitcoin

Bitcoin Traders Say Options Market Understates Likelihood of Chaotic US Election

Analysts warn against reading too much into the complacency suggested by the volatility metrics.

Markets  ·  22 September 2020
Bitcoin

Bitcoin-on-Ethereum Token tBTC Relaunches Following Buggy Debut in May

TBTC, a decentralized way to copy bitcoin (BTC) over to Ethereum, is relaunching today after a smart-contract bug sunk the project in May.

Tech  ·  22 September 2020
Bitcoin

First Mover: Bitcoin’s Latest Sell-Off Gets Crypto Traders Mulling Election Chaos

Monday's sell-off shows bitcoin is likely to trade off with risky assets like stocks if U.S. election chaos sends markets into a fresh downdraft.

Markets  ·  22 September 2020
Bitcoin

Equity Markets Turmoil Could Push Bitcoin Below $10K, Say Analysts

Bitcoin risks falling into four figures on a continued sell-off in equities and rebounding U.S. dollar.

Markets  ·  22 September 2020
Bitcoin

Market Wrap: Bitcoin Dips to $10.1K, Ether Drops to $330 on Sell-Off Session

Bitcoin and ether price fell precipitously Monday as markets globally roil in uncertainty.

Markets  ·  21 September 2020