OMG Network

Market Wrap: Bitcoin Steadies After $300B Market Cap Dump on Taxation Trepidation

Analysts pointed to the Biden proposal to double capital gains taxes on high-income individuals as the catalyst.

Markets  ·  23 April 2021

Market Wrap: Bitcoin Price, Dominance Slips; Ether Hits Fresh Record High Over $2.6K

As BTC's price continues lower, one possible benefit is a decrease in the crypto's volatility.

Markets  ·  22 April 2021
Bitcoin

Market Wrap: Bitcoin in Neutral at $55.5K as Ether Continues Bull Run

The price of bitcoin has changed little over the past 24 hours, despite the asset’s notorious volatility.

Markets  ·  21 April 2021
Bitcoin

Market Wrap: Bitcoin Flat at $56.7K, Ether Rises and It Wasn’t Dogeday’s Afternoon

Bitcoin price takes a pit stop with ether and dogecoin stealing the spotlight.

Markets  ·  20 April 2021
Bitcoin

Market Wrap: Bitcoin Recovers From Sunday Slump to $56K as Doge Jumps 19%

Volumes on the CoinDesk 20 eight spot BTC venues was over $8 billion for the first time since Feb. 23.

Markets  ·  19 April 2021
Bitcoin

Market Wrap: Bitcoin Cracks $37.2K as Ether Breaks Through to Record-High $1.6K

Bitcoin has been trending higher for two days but ether is in the spotlight now.

Markets  ·  3 February 2021
Bitcoin

Market Wrap: Bitcoin Rises to $35.8K, Ether Hits New High and DeFi Crosses $28B Locked

The last time bitcoin’s closing price was under $30,000 was Jan. 1, according to CoinDesk 20 data.

Markets  ·  2 February 2021
Bitcoin

Market Wrap: Bitcoin Trading Tepidly at $33.7K While SushiSwap Eats Raw Market Share

The investor spotlight is now shining on DeFi tokens and trading.

Markets  ·  1 February 2021
Bitcoin

Market Wrap: Bitcoin Slips to $30.8K While Investors Plow BTC Back Into DeFi

Its price fell Tuesday but the amount of BTC in DeFi is at its highest in over a month.

Markets  ·  26 January 2021
Bitcoin

Market Wrap: Bitcoin Back Above $33K While Ether Up 65% in 2021

There appears to be strong support around $30,000, according to traders.

Markets  ·  22 January 2021
Bitcoin

Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH

Bitcoin may be down now but there is still growing demand for crypto assets, one analyst said.

Markets  ·  15 January 2021
Bitcoin

Market Wrap: Bitcoin Crosses $41.9K as Ether Futures Interest Grows 85% So Far in 2021

Bitcoin hit a brand-new all-time high as traders are piling into ether futures.

Markets  ·  8 January 2021
Bitcoin

Market Wrap: Bitcoin Briefly Drops Close to $28K as Ether Futures Heat Up

Profit-taking helped lead bitcoin lower Monday while more investors are eyeing ether with great interest.

Markets  ·  4 January 2021
Bitcoin

Market Wrap: Bitcoin Stays in Tight Range but Gains Dominance as XRP Crumbles

With XRP’s sell-off, bitcoin’s dominance increases. However, the derivatives market hints at more volatility ahead for the world's leading cryptocurrency.

Markets  ·  24 December 2020
Bitcoin

Market Wrap: Bitcoin Pushes Past $23.7K While Crypto Locked in DeFi at All-Time High

Bitcoin’s price is setting records again Thursday as decentralized finance may be overlooked in a heated crypto market.

Markets  ·  17 December 2020