$25B investment firm adds ‘riskier’ Grayscale GBTC and ETHE for clients
Wealthfront users will now be able to have up to 10% of their portfolios composed of the Grayscale Bitcoin and Ethereum Trusts. Bitcoin (BTC) and…
Tag: Markets
Bitcoin Drops Below $30K for First Time in 4 Weeks
Wall Street is seeing “too much froth” and current virus jitters are triggering widespread panic selling of every top performing asset, including bitcoin, said one…
Bitcoin, Ether Hit New All-Time Highs on Eve of Coinbase Listing
Bitcoin and ether (ETH, +6.17%), the two biggest cryptocurrencies, surged to new all-time high prices on Tuesday, the day before the highly anticipated Coinbase listing on Nasdaq.…
Bitcoin Options Traders Position for Gains (to $80K?) in Historically Bullish April
Theoretically, the $80,000 call represents a bet that bitcoin would settle above that level on April 30. Some bitcoin options traders are betting this year’s…
Bitcoin Traders Brace for Record $6B in Options to Expire Friday
The record bitcoin options expiry could be bearish overhang on the market. They call it “max pain” in the bitcoin options market: How to make one’s trading…
Bitcoin Transfer Worth $806M Might Reveal Big Institutional Purchase
“My speculative guess is that institutions are buying bitcoin’s price dip,” one analyst said. Digital-asset traders and analysts were scrambling Tuesday to assess a fresh…
Bitcoin Uptrend Slows, Stays at $58K, Battles Resistance Near All-Time High
BTC is moving sideways as its short-term uptrend slows. Bitcoin (BTC) has been stuck in a range of $54,000 to $60,000 over the past few…
Bank of America Sees DeFi ‘Potentially More Disruptive Than Bitcoin’
There is “no good reason to own BTC unless you see prices going up,” the bank says, but it is intrigued by decentralized finance. “Bitcoin is…
Bitcoin Drops 3% Ahead of Fed Meeting, Despite Bullish Chart Pattern
Bitcoin is falling, as caution ahead of the FOMC rate decision overshadows bullish chart pattern. Bitcoin is nursing losses ahead of a crucial Federal Reserve policy…
Bitcoin Plunges Below $55K Amid Weak Institutional Inflows, Profit Taking
“This does not mean the bull run is over, it just means that profit taking is happening,” according to market analyst Lark Davis. Bitcoin is…