Bitcoin Tops $21K, Blowing Past Record, $20K as Analysts Remain Confident of Future
After testing investor patience for three weeks, bitcoin surged past $20,000 to reach fresh all-time highs and is currently trading above $21,000.
The number one cryptocurrency by market value jumped over the key psychological threshold during the early U.S. trading hours, surpassing the previous peak...
While Bitcoin topped when the CME released BTC futures, Ethereum futures are bullish
Bitcoin and Ethereum are exploding higher once again. BTC is at new all-time highs at $20,800 as ETH pushes to new year-to-date highs at $635.The rally coincided with news that the CME, the world’s leading derivatives and commodities exchange, has begun work on Ethereum...
Ruffer Investment Confirms Massive Bitcoin Buy of $744M
U.K.-based Ruffer confirmed the size of its tremendous bitcoin investment from November in an email to CoinDesk Wednesday.
"Ruffer's exposure to bitcoin currently totals around £550m, equivalent to around 2.7% of the firm's assets under management," a spokesperson told CoinDesk in an email.
Based on...
Bitcoin Hits 2-Week High Above $19.7K
Bitcoin has breached the tough hurdle of $19,500 and jumped to two-week highs on Wednesday.
The leading cryptocurrency by market value reached as high as $19,874 during the European trading hours. That’s the highest level since Dec. 1, when bitcoin hit its all-time high...
Market Wrap: Bitcoin Tests $19.5K; Ether Options Interest in Doldrums
Bitcoin has been able to hold above $19,000 as it has for the past several days. Meanwhile, the ether options market on Deribit has dipped in December although a block trade strategy in the $600-$800 price range has developed.
Bitcoin (BTC) trading around $19,510 as...
Becoming Self Sovereign: How to Set Up a Bitcoin Node, With Lightning
If you’ve ever considered trying to set up a Bitcoin node or a Lightning node, but found the process too intimidating, you’re not alone. We’d like to help.
Under the hood, Bitcoin is composed of a network of full nodes, which thousands of people around...
Sovryn Bitcoin-powered Trading and Lending Platform Goes Fully Operational
The Sovryn platform is built using the Bitcoin-powered smart contract infrastructure RSK thereby making it suitable for DeFi applications and more secure than the Ethereum-blockchain network.On Tuesday, December 15, Sovryn – the decentralized platform for Bitcoin trading and lending – went fully functional. As...
Robert Kiyosaki Predicts $50,000 for Bitcoin Price in 2021
If Bitcoin starts trading at $50,000, its market cap will then rise to $928 billion which is about 10% of the market cap of gold.Robert Kiyosaki, the author of the famous book “Rich Dad Poor Dad” has joined the tall list of experts who...
Bank of America: Bitcoin Third-Busiest Trade as Investors Short Up Dollar
The survey revealed that investors are increasingly optimistic about Bitcoin. The top cryptocurrency was the third-most crowded trade at 15%, beating traditional heavyweights such as gold and bonds.Investors have been slashing their cash positions in 2020, for the first time in seven years, a...
New Federal Reserve ‘Qualitative’ Approach Could Push Further Into Experimental Realm
Never underestimate American ingenuity, especially when it comes to the Federal Reserve’s ability to invent monetary policy on the fly.
The U.S. central bank’s top officials, led by Chair Jerome Powell, are expected this week to announce new “qualitative outcome-based” guidance to specify the conditions...