Riot Platforms and Marathon Digital Lead Crypto Stock Gains as Bitcoin Stays Above $30K
The price of bitcoin is now up by more than 80% so far in 2023. Crypto-related stocks are having a second day of big gains…
Tag: cryptocurrency
Bitcoin Faces Low Risk of ‘Liquidations-Induced’ Price Volatility After 70% Surge
Liquidations refer to the forced closure of bullish long and bearish short positions in leveraged perpetual futures markets. They often exacerbate price moves. Bitcoin (BTC)…
Nasdaq to launch crypto custody services by end of Q2: Report
The service will reportedly be the exchange operator’s first major venture into the crypto industry. Global securities marketplace Nasdaq is gearing up to launch its…
Bitcoin, Ether Drop Over 5% in Massive Sell-Off as Market Continues to Digest Silvergate
Bitcoin plunged to $22,277 and Ether hit $1,563 as crypto tumbled during the opening hours of East Asia’s trading day. Major digital assets plunged as…
Liquid Staking Replaces DeFi Lending as Second-Largest Crypto Sector
The value of cryptocurrencies deposited in liquid staking protocols has increased to about $14 billion, trailing just deposits at decentralized exchanges. Liquid staking, which allows…
Bitcoin Primed to Rally to $56K as Nasdaq Breaks Out of Bull Flag, Chart Analyst Says
Analyst, who correctly predicted the late 2020 bull run, said 2023 could be a surprisingly good year for both crypto and equities. “Based on the…
Bitcoin Market Sentiment Is Most Bullish in 14 Months With US Jobs Report Due
The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days…
Investors Pump Money Into Crypto Funds Amid Pickup in Market Sentiment
Bitcoin dominated this week’s inflows, accounting for almost all of the $117 million coming in. Digital asset investment products saw a total of $117 million…
Bitcoin’s Upswing Is Reminiscent of 2019 Bull Revival
The action four years ago coincided with the Fed taking its foot off the tightening pedal. Bitcoin has rallied almost 40% in January and the…
FTX Has Recovered ‘Over $5B’ in Assets, Bankruptcy Attorney Says
The announcement substantially raises the total FTX has recovered since filing for bankruptcy last year but it’s still short of what customers are owed in…