Newsletters

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
Newsletters

Blockchain Bites: Bitcoin Shorts In, MicroStrategy Stock Downgraded, Bitwise Index Trades

Bitcoin’s options market has flipped bearish for the short term while Citi analysts downgrade MicroStrategy's stock.

News  ·  9 December 2020
Bitcoin

First Mover: Why Wells Fargo Won’t Recommend Bitcoin to Clients

A Wells Fargo unit doesn't recommend bitcoin to clients, since they can't yet hold cryptocurrency in their accounts. What if that ever changed?   

Markets  ·  9 December 2020
Newsletters

Blockchain Bites: Square’s Green Bitcoin Pledge, $15B AUM in Crypto Funds

Crypto markets are trading sideways, while Spain's second-largest bank is reportedly planning a leap into the digital asset industry.

News  ·  8 December 2020
Bitcoin

First Mover: Wells Fargo Bitcoin Briefing Could Signal Bull Run Intact

As banks like Wells Fargo come around to writing about bitcoin, pro crypto analysts are scrutinizing blockchain network activity for clues on market cycle.

Markets  ·  8 December 2020
Newsletters

Blockchain Bites: $187M Blockchain Bond, $522M BTC Mining Revenue and ‘Ethereum-First’ Institutional Investors

Singapore is funding blockchain R&D. Germany's second-largest stock exchange's crypto app saw $1.21 billion in trading volumes this year. Grayscale is seeing a growing number of "Ethereum-first" institutional buyers.

News  ·  7 December 2020
Bitcoin

First Mover: Why Mohamed El-Erian Might Have Held Bitcoin at $19K

This year's rapid price gains are unnerving some investors, but NYDIG's Greg Cipolaro argues that bitcoin's growing network could justify $52K in five years.

Markets  ·  7 December 2020
Bitcoin

Crypto Long & Short: Why Some Investors Get Bitcoin So Wrong, and What That Says About Its Strengths

Bitcoin may be rooted in blockchain technology, but it's evolved into something much more than code. That's why it's not easy to replicate.

Markets  ·  6 December 2020
Newsletters

Money Reimagined: Bitcoin vs. Gold Is a Battle of Narratives

The success of a store-of-value asset, like bitcoin or gold, isn't just a matter of durability, fungibility or scarcity. It's about whether people believe in it.

Policy & regulation  ·  4 December 2020
Newsletters

Blockchain Bites: Price Point! Bitcoin at $50K? $60K? $318K?

Traders have begun unwrapping tokenized bitcoins. The U.S. Treasury Department will keep a vigilant eye on digital innovations. And trading volumes on OKEx have plummeted.

News  ·  4 December 2020
Bitcoin

First Mover: Bitcoin Below $19K and Customers Flee OKEx

OKEx appears to suffer customer outflows after lifting of five-week withdrawal suspension, highlighting the existential threat of operational risk.

Markets  ·  4 December 2020
Newsletters

Blockchain Bites: Bitcoin’s Edge as a Hedge and Crypto’s Reaction to the STABLE Act

Crypto Twitter, like the U.S. Congress, is usually divided. A proposed law to strengthen stablecoin oversight has brought crypto together.

News  ·  3 December 2020
Bitcoin

First Mover: Ether Eyed as Value Play With Bitcoin Pressing $20K

As prices consolidate below $20K, traders cue off macroeconomic factors - like Biden remark that $908B stimulus would be "down payment."

Markets  ·  3 December 2020
Bitcoin

First Mover: Short Shrift for XRP Token’s 169% Price Surge as Traders Obsess Over Bitcoin

XRP soared 169% in November, topping performance of the CoinDesk 20 digital assets during a month when bitcoin dominated headlines.

Markets  ·  2 December 2020
Ethereum

Introducing Valid Points: The Risks and Rewards of Staking on Eth 2.0

Breaking down Ethereum 2.0 and its sweeping impact on crypto markets, weekly.

Tech  ·  2 December 2020