Bitcoin Sets New All-Time High Above $35K
Bitcoin bulls pushed the leading cryptocurrency to fresh all-time highs above $35,000 Tuesday night after a couple days of choppy price action kept traders guessing which direction the market would head next. The price is rising, and fast.
Bitcoin jumped nearly 12% Tuesday to top...
Market Wrap: Bitcoin Breaks $34K as Ether Futures Interest Jumps $350M in a Day
Higher-than-average spot volume, even for the past month, is helping push bitcoin’s price upward at a time when traders are plowing into ether futures at a quick pace to open 2021.
Bitcoin (BTC) trading around $33,987 as of 21:00 UTC (4 p.m. ET). Gaining 8.9%...
Bitcoin Retail FOMO Brings a Heap of ‘Kimchi Premium’ to S. Korea
The “kimchi premium” has returned.
Price premiums for bitcoin on South Korean exchanges have hit two-year highs, indicating retail investment interest in cryptocurrencies is surging in that country. However, analysts and traders warn that certain market players could take advantage of arbitrage opportunities, resulting...
JPMorgan: Bitcoin Price to Hit $146,000 in Long Term
The strategists at JPMorgan Chase believe that the current adoption and investment rate that Bitcoin has can potentially drive the coin’s price to a consensus high levels of $50,000-$100,000.Analysts from American multinational investment bank and financial services company JPMorgan Chase & Co (NYSE: JPM)...
First Mover: As Bitcoin Rally Pauses, DeFi Keeps Astounding
Bitcoin (BTC) was lower, after the quick reversal of a brief rally late Monday reportedly spurred by the U.S. Office of the Comptroller of the Currency’s decision to let banks participate in blockchain networks and use stablecoins as payments.
“Bitcoin has started 2021 with a stark reminder that volatility...
Shyft Network’s Joseph Weinberg on the meaning of Bitcoin (and DEXs for 8 billion people)
The DeFi market has boomed in 2020, attracting billions of dollars across use cases like lending, derivatives, decentralized exchanges, and others.But along with that came outsized risks. Scams and rugpulls became as common as 2017 during a short period in 2020, with even storied...
Bitcoin Trader Robbed and Pushed Out of Car in Hong Kong
Hong Kong police are searching for robbers who lured a trader into a meeting on Monday and stole cash and bitcoin before pushing him out of a car.
The criminals tricked the 37-year-old man into a meeting outside a hotel in North Point on Monday,...
This is how Bitcoin can disrupt the $200 billion card rewards market
Credit card rewards account for a small, but significant, chunk of the $1.2 trillion credit card market. And some say Bitcoin could disrupt that space.Bitcoin reward cards are coming for the pieBitcoin is coming for the $200 billion credit card rewards market, say some...
Bitcoin Price Rallies Close to $36K Hitting New ATH
Bitcoin price new ATH has coincided with an announcement from the US federal regulator, Office of the Comptroller of the Currency (OCC), that indicated that banks can use stablecoins and public blockchains to conduct payments and other activities.Bitcoin price has surpassed the previous ATH,...
Riot Blockchain Stock Jumps 11.7% on Tuesday as BTC Touches $36K
Riot Blockchain reported that the mining revenue had increased by 21% to $6.7 million for the first nine months of 2020.Riot Blockchain Inc (NASDAQ: RIOT) stock soared approximately 11.71% on Tuesday to close the day trading at $18.41. Meanwhile, they had obliterated part of...