Markets


Markets

Bitcoin Awaits Institutional Demand for Next Leg Higher, Oanda Says

Bitcoin's intraday rally follows a near 36% rise over the past month as traders look to institutional demand to fuel further upside.

bull, bear

Markets

Bitcoin, Fiat Currencies Unnerved Even as Goldman Ditches Short USD Trade

Bitcoin has rallied by over 400% since Goldman Sachs issued a short dollar recommendation on Oct. 9.

Goldman Sachs

Markets

Bitcoin Fails to Break $60K; Short-Term Support Near $56K

BTC will need to break above $60,000 to resume the uptrend.

BTC Hourly Chart

Markets

XRP Hits Two-Month Price High in Wake of Ether Rally

XRP has completely recouped its losses resulting from the SEC's lawsuit against Ripple Labs late last year.

(PhotoMosh)

Markets

Binance's Crypto Derivatives Platform Sees Record Open Interest of $10B

Binance's crypto derivatives platform sees record open interest as retail participation grows.

Binance CEO Changpeng Zhao

Markets

Market Wrap: Ether Jumps to All-Time High as Bitcoin Stalls Despite JPMorgan's $130K Call

The action was in ether on Friday as the second-biggest cryptocurrency's price jumped to a new all-time high.

Ether jumped to a new all-time high.

Markets

Bitcoin Decoupled From Stocks in Q1 as Institutional Demand Strengthened: CoinDesk Research

Bitcoin decoupled from stocks and gold but remains inversely correlated to the U.S. dollar.

Bitcoin's correlation with the Standard & Poor's 500 Index of U.S. stocks has declined to zero.

Markets

Central Bank 'Money Drops' With Digital Currencies Could Fuel Inflation: Bank of America

CBDCs could facilitate central bank stimulus in the form of money drops, and lead to higher inflation, says BofA.

The U.S. government is disbursing economic impact payments directly to taxpayers. But there wasn't much bitcoin stimulus.

Markets

Ether Price Jumps to All-Time High Near $2,100

Ether is rallying in the wake of Visa's decision to facilitate crypto-based settlements via the Ethereum blockchain.

Ethereum

Markets

Bitcoin Miners Saw a Monthly Record $1.5B Revenue in March

Bitcoin mining revenue broke a new record in March, fueled by the BTC price rally.

Monthly Bitcoin Miner Revenue

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