Thu Nov 28 2:49 AM

Market Wrap: Bitcoin Solidly Trades Above $20K; Ether Jumps on Positive BTC, CME’s New ETH Product

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Bitcoin has continued trading higher Wednesday after breaking above the $20,000 level during early U.S. trading hours. Meanwhile, with a short supply of bitcoin and a surging demand, traders and analysts are optimistic the oldest cryptocurrency can keep its bull run going for a...

What‌ ‌Google‌ ‌Does‌ ‌Not‌ ‌Tell‌ ‌You‌ ‌about‌ ‌Mining‌ ‌City‌ ‌Community?

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The Mining City community shares a common goal – to unite their strength and take advantage of mining cryptocurrencies.Network marketing – also known as Multi-Level Marketing – is the fastest growing business model for several reasons. But the one thing that stands out in...

Bitcoin is now at $23,000, but legacy funds are calling a move to $400k

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Pioneer cryptocurrency Bitcoin did one for the record books today after it crossed the $22,000 mark for the first time in its 12-year history.The milestone came mere hours after the asset reached an all-time high of $20,000, bumped immediately afterward to $21,000, and then...

Federal Reserve Keeps Rates Unchanged, Adds Qualitative Guidance on Pace of Money-Printing

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The Federal Reserve said Thursday said it would hold U.S. interest rates at their current level, close to zero, and added qualitative criteria to govern how long it will keep up its $120-a-month bond-buying program. “Economic activity and employment have continued to...

First Mover: Stimulus Tests Bitcoin in Real-Time, and It Passes $20K

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Bitcoin (BTC) surged 6% Wednesday to a new all-time high price, clearing the key psychological threshold of $20,000 that had acted as a market ceiling in recent weeks. “If history is any indication of future performance, some kind of pullback in the overall market...

Why $20,000 Bitcoin Matters

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Validation. Psychology. FOMO. NLW looks at why today’s price achievement marks a turning point in bitcoin’s history.  For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS. This episode...

Stampede of Bitcoin Buyers Pushed BTC Past $20K, Exchange Data Shows

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Twenty thousand isn’t just a nice round number. It’s a floodgate that’s now been opened. Exchange data shows exactly how the dollar price of bitcoin broke the key psychological $20,000 threshold in early trading hours Tuesday and kept on going. The pattern could be a...

Bitcoin Tops $21K, Blowing Past Record, $20K as Analysts Remain Confident of Future

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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

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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

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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...