Bitcoin


Markets

How One Bitcoin Options Trader Turned $638K Into $4.4M in 5 Weeks

As bitcoin rallied from $13,400 to over $19,000, a trader who bought the $36,000-strike January expiry call saw a paper profit of more than $4 million.

Someone is happy about a bull market.

Markets

First Mover: Why Mohamed El-Erian Might Have Held Bitcoin at $19K

This year's rapid price gains are unnerving some investors, but NYDIG's Greg Cipolaro argues that bitcoin's growing network could justify $52K in five years.

Allianz Chief Economic Advisor Mohamed El-Erian says he recently sold bitcoin "not based on any deep analysis" after buying some two years ago.

Markets

Crypto Long & Short: Why Some Investors Get Bitcoin So Wrong, and What That Says About Its Strengths

Bitcoin may be rooted in blockchain technology, but it's evolved into something much more than code. That's why it's not easy to replicate.

Markets React To Federal Reserve Decision On Interest Rates

Finance

Grayscale Sees a New Group of Ethereum-First Investors

"We are seeing a new group of investors who are Ethereum-first and in some cases Ethereum-only," Michael Sonnenshein told Bloomberg.

Ethereum 2.0's Beacon Chain went live in December.

Markets

$50K BTC in 2021? Bloomberg Analysts Join the 'Traditional Onslaught' Driving Bitcoin's Rally

A new crypto outlook from Bloomberg suggests BTC could reach $50,000 in 2021, topping off a month of major institutional momentum for the asset.

Breakdown 12.5 $50k BTC Bloomberg

Markets

Market Wrap: Bitcoin Dips Below $19,000 as Ether Options Volume Drops

Bitcoin briefly dropped below $19,000 on a low-volume day while the ether options market seems to be in decline for now.

CoinDesk 20 Bitcoin Price Index

Markets

Psychology, Sell Pressures Keep Bitcoin Below $20K

Psychology and selling pressures have kept bitcoin's price below $20,000.

Why hasn't bitcoin's price passed $20,000? Some may find this frustrating.

Markets

First Mover: Bitcoin Below $19K and Customers Flee OKEx

OKEx appears to suffer customer outflows after lifting of five-week withdrawal suspension, highlighting the existential threat of operational risk.

Customers appear to be fleeing the crypto exchange OKEx after the lifting of a five-week withdrawal suspension.

Markets

Bitcoin Price Could Hit $50K in 2021, Bloomberg Analysts Say

"Bitcoin's macroeconomic, technical and demand vs. supply indicators supportive of $50,000 target resistance," according to Bloomberg.

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