Why Is Bitcoin Going Up, and Will It Crash Soon? What’s Next as Price Doubles to $40K
Bitcoin’s prices reached all-time highs above $40,000 less than a month after breaking $20,000 for the first time. Since the start of the most recent rally, ostensibly begun in October, its value has increased fourfold.
So for pros and newbies alike, or if you want...
Bitcoin Goes Institutional, Ethereum Spreads Its Wings: CoinDesk Q4 2020 Review
If the 2020 Q1 was the quarter of market turmoil, Q2 the bitcoin halving and Q3 the explosion of stablecoins and decentralized finance applications, Q4 was the quarter of institutional FOMO for bitcoin and of Ethereum launching the first phase of its ambitious migration...
‘Bitcoin Rich List’ Rebounds to Hit All-Time High
The number of addresses holding over 1,000 bitcoin (worth of approximately $37.5 million at the current price) is now at 2,334, a new all-time high, after the number dropped at the end of December by 3.7% to 2,221. This is an indication “whales” (large...
Market Wrap: Bitcoin Reaches $40.3K While DeFi Value Locked Inflates to Over $22B
Large trading volumes in the bitcoin spot market are helping push prices upward to a fresh record high. Ethereum-based DeFi value locked is also setting records, with rising crypto values playing a part.
Bitcoin (Bitcoin) trading around $39,143 as of 21:00 UTC (4 p.m. ET)....
Coinbase, Kraken Back Up Again After Outages as Bitcoin Hits Another Record
Leading U.S.-based cryptocurrency exchange Coinbase is operating normally six hours after suffering connectivity issues for the second consecutive day amid bitcoin’s parabolic price rally.
Coinbase's status page posted an incident report about users suffering disrupted connection to the exchange's interface at 15:50 UTC.
After...
Bitcoin (BTC) Price Breaks $40,000 for the First Time in History
While being projected to grow further, the much-celebrated Bitcoin price at $40,000 may be the coin’s long-term support level on its way to new peaks in the future.There seems to be no limit to the record Bitcoin is set to break as the first-ever...
First Mover: $1 Trillion of Cryptocurrencies Shows Booming ‘Asset Class’
Bitcoin (BTC) rose for a third straight day, pushing early Thursday to a new all-time high price above $38,000 and setting bullish traders’ sights on $40,000.
“Momentum has been building over time, and it’s anyone’s guess where or when we might eventually top out,” Mati...
Billionaire investor Chamath maintains the view that Bitcoin price will pass $100,000
Bitcoin has undergone a remarkable rally over recent weeks. The cryptocurrency is up over 100 percent from where it was just a month ago, with BTC pushing past $40,000 on Thursday.
Chart of BTC’s price action over the past two and a half weeks. Source:...
Expected Rise in Ether-Bitcoin Volatility Points to Altcoin Season Ahead: Analyst
The options market is signaling an impending change in the market focus – from bitcoin to relatively undervalued ether and other alternative cryptocurrencies.
The spread between the six-month implied volatility (IV) for ether and bitcoin – a measure of the expected relative price volatility...
CME Becomes Biggest Bitcoin Futures Exchange as Institutional Interest Rises
Chicago Mercantile Exchange (CME) has taken the prime spot on the list of the biggest bitcoin futures trading platforms, indicating a continued rise in institutional participation.
With an open interest of $2.1 billion, the CME accounted for 19.09% of the global tally of $11 billion...