Learn How Trade Crypto
Bitcoin’s two-day rally has stalled as the U.S. dollar gains ground in the wake of Joe Biden’s fiscal stimulus announcement. The U.S. President-elect proposed an emergency relief package worth $1.9 trillion at around 00:15 UTC when bitcoin (BTC, -7.87%) was changing hands near $39,600. At press time, the leading cryptocurrency by market value is trading down near $38,000, according to CoinDesk […]
Bitcoin’s recovery from Monday’s low is gathering pace, with the options market pricing in a double-digit probability of an above $50,000 by the month-end. The leading cryptocurrency by market value is currently trading at $38,300, representing a nearly $4,000 or 11% gain on a 24-hour basis, according to CoinDesk 20 data. The price bounce has erased […]
Bitcoin and ether may be pulling back from their all-time highs but alternative cryptos are starting to see action. As prices for bitcoin and ether retreat from their recent highs, the strong performance of other cryptocurrencies indicate traders and investors may now be turning to alternative coins (altcoins) for potential high returns. Data compiled by […]
Think back to 2017. Crypto was everywhere. The celebrities hawking ICOs included DJ Khaled, “Floyd Crypto Mayweather” and longtime blockchain enthusiast Paris Hilton. The most watched comedy on television, “Big Bang Theory,” named an episode “The Bitcoin Entanglement.” Long Island Iced Tea made the world’s most natural pivot, rebranding itself as Long Blockchain Corp. (The stock […]
Bitcoin exchange Bakkt has inked a business combination deal that will result in the Intercontinental Exchange subsidiary becoming a publicly traded company. According to an announcement Monday, the agreement will see Bakkt merge with VPC Impact Acquisition Holdings, a special purpose acquisition company sponsored by Victory Park Capital. The combined company will be called “Bakkt Holdings” and […]
Bitcoin fell sharply early on Monday, having failed to establish a foothold above $40,000 over the weekend. Over the last 24 hours, the cryptocurrency declined by more than $8,000 to $32,400, an over-20% fall from levels over $40,800 late on Sunday (UTC). The cryptocurrency was last seen changing hands up slightly near $35,380 – still […]
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 to be the cryptocurrency expert at your next Zoom party, it’s natural […]
One of the lessons of 2020 was the uselessness of the annual New Year’s ritual of market forecasting. A pandemic was in no one’s forecast, nor was the worst economic contraction and the highest unemployment rate since the Great Depression. This lesson was not new; we are taught it every year, yet we persist in […]
Continuing its torrid run, bitcoin topped $38,000 for the first time Thursday, a day after the leading cryptocurrency rocketed past $36,000 and $37,000. The price of bitcoin set a new-all time high of $38,327.60, before falling back to $38.,03.15, up 9.67% over the last 24 hours. Between Wednesday afternoon and early evening, bitcoin (BTC, +12.01%) passed $36,000 and $37,000 […]
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 the previous record high of $34,544.94 set this past Sunday after […]