Bitcoin

Bitcoin

Bitcoin Rises to $9.6K as Stocks Cheer Additional US Stimulus Plans

A fresh stimulus "bazooka" from the Fed Reserve and the U.S. government lifted prices for both stocks and bitcoin.

Markets  ·  16 June 2020
Bitcoin

First Mover: Negative Rates or More Money Printing – Bitcoin May Benefit Either Way

Central bank stimulus – negative interest rates or asset purchases – are just two sides of the same coin that both strengthen the case for bitcoin.

Markets  ·  16 June 2020
Bitcoin

Market Wrap: Bitcoin Drops, Then Pops as Traders See Weaker Markets Coming

Roller-coaster daily trading for bitcoin Monday isn't convincing traders a larger crypto bull market is in the cards.

Markets  ·  15 June 2020
Bitcoin

Sorry, Bloomberg: Here Are 6 Reasons Why 2020 Is a Great Year for Bitcoin

A Bloomberg senior editor today argued there were six reasons why 2020 was bad for bitcoin. Here’s the opposite case.

People  ·  15 June 2020
Bitcoin

CME Bitcoin Options Market Grew 10x in the Past Month

CME Group’s bitcoin options market grew tenfold within a month and recorded six consecutive all-time highs for open interest so far this month.

Markets  ·  15 June 2020
Bitcoin

Inactive Bitcoin Supply Reaches 4-Year High, Pointing to Bullish Sentiment

A majority of bitcoins haven’t moved in at least a year, according to on-chain data, signaling investor confidence amid macroeconomic uncertainty.

Markets  ·  15 June 2020
Bitcoin

Bitcoin Price Drop May Be a Bear Trap, Options Market Suggests

The put-call volume ratio of bitcoin options suggests Monday's price decline could be short-lived. However, the cryptocurrency remains vulnerable to a further sell-off in stocks.

Markets  ·  15 June 2020
Bitcoin

Encrypted Messaging Site Privnote Cloned to Steal Bitcoin

The free web service, which lets users send encrypted messages that self-destruct once read, has been copied with the reported aim of redirecting users' bitcoin to criminals.

News  ·  15 June 2020
Bitcoin

JPMorgan Analysts: Bitcoin Is Likely to Survive (as a Speculative Asset)

Bitcoin proved itself a resilient asset, if not a stable or useful currency, during March's global market meltdown, JPMorgan analysts told investors.

News  ·  15 June 2020
Bitcoin

Asset Manager Wilshire Phoenix Files to Launch New Bitcoin Investment Trust

Wilshire Phoenix has filed to launch a bitcoin trust in hopes of making the cryptocurrency more accessible to investors.

News  ·  12 June 2020
Bitcoin

Market Wrap: Bitcoin Is Still Up 30% in 2020 After a Bumpy Week

The crypto market seems more closely tied to traditional markets now, but is handily beating stocks year-to-date.

Markets  ·  12 June 2020
Bitcoin

Why Bitcoin Suddenly Dropped 6% on Thursday

The week-long calm in the bitcoin market ended with a sudden $800 price drop on Thursday. Here's three likely reasons why.

Markets  ·  12 June 2020
Bitcoin

Market Wrap: Stocks’ Carnage Drags Bitcoin Down to $9K

A somber economic outlook ahead is causing markets to dip, and bitcoin is a part of that sentiment as well.

Markets  ·  11 June 2020
Bitcoin

Three Arrows Capital Now Holds More Than 6% of Grayscale’s $3.6B Bitcoin Trust

Three Arrows Capital now holds about 6.26% of the shares in the Grayscale Bitcoin Trust, or more than 20,000 bitcoins' worth.

News  ·  11 June 2020
Bitcoin

Bitcoin Stuck Below $10K as Stocks Drop

With the Fed dashing hopes of a V-shaped recovery, it's uncertain whether bitcoin will become a store of value or begin to track stocks.

Markets  ·  11 June 2020