Bitcoin


Markets

First Mover: Stimulus Winning as Biden Surges in Polls and Bitcoin Eyes $12K

Bitcoin nears $12K after six-day winning streak, as analysts predict economy will need trillions of dollars of stimulus.

There's a lot to absorb in the runup to the 2020 election, and trillions of dollars of stimulus is likely part of the production.

Markets

Bitcoin Eyes $12K Price After 6-Day Streak of Gains

Bitcoin's six-day run of gains has shifted the focus to psychological hurdle of $12,000. Some analysts are looking even higher.

Bitcoin prices over the last six days

Markets

Bitcoiners Have Trillions and Trillions of Reasons to Ignore US Election

Trump? Biden? Who cares? The U.S. economy is in such a shambles that massive stimulus packages are likely either way, probably financed by the Fed.

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Markets

Market Wrap: Bitcoin Bumps Close to $11.6K; Ether Options Open Interest Dips

Bitcoin price jumped after a sleepy weekend while ether options interest has been weaker than the past month.

CoinDesk 20 Bitcoin Price Index

Markets

Bitcoin and Ether Rally After Grayscale's ETH Trust Becomes SEC-Reporting

Bitcoin advanced to fresh two-month highs on Monday while ether clocked three-week highs after Grayscale reported that its Ethereum Trust has become an SEC-reporting company.

sonnenshein, grayscale

Markets

First Mover: Bitcoin's Best Week Since July Shows Limited Toll of UK Retail Crypto Futures Ban

Bitcoin holds above $11K after biggest weekly gain since July, despite FCA ban on retail crypto futures trading and inventory drawdowns by miners.

The U.K.'s prohibition on retail trading of cryptocurrency futures looks to have limited impact and might be misconceived.

Markets

Bitcoin Down 1% After Biggest Weekly Price Gain Since July

Despite a dip today, bitcoin has crossed into bullish territory with the biggest weekly gain since July.

Bitcoin weekly price chart

Markets

Is Bitcoin More Correlated to Stocks or Gold?

According to analyst Lyn Alden, bitcoin's correlation to stocks or gold depends on bitcoin’s own cycle.

Breakdown 10.11

Markets

Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend

Optimism for the prospects for a U.S. stimulus package rose after the White House boosted its offer to Democrats on a pandemic relief package Friday.

(Unsplash)

Markets

Market Wrap: Bitcoin Tops $11.1K; Ether Traders Like $400 Options

Bitcoin’s price is trending upward while ether options traders focus on $400 strikes.

CoinDesk 20 Bitcoin Price Index