Ether’s Rise to Record Highs May Propel Cryptocurrency to $10.5K: Fundstrat Global
Fundstrat strategist David Grider based his bullish prediction in part on the promise of Ethereum's technology.
Author Archives: Omkar Godbole
Bitcoin Falls 5% Despite Continued Accumulation by Investors
Bitcoin fell from $36,000 to $34,000 Wednesday morning, despite continued buying from investors.
Bitcoin Becomes Most-Crowded Trade After Passing ‘Long Tech’: Bank of America Survey
Bank of America's January survey of fund managers indicated bitcoin is now seeing the most capital inflow.
Chainlink Hits Record High, Altcoins Rally Amid Bitcoin Consolidation
Chainlink's LINK token set a new record price early on Monday, and other altcoins are seeing solid gains.
Bitcoin Struggles to Recover After Biggest Weekly Price Loss Since September
Prices fell by 6% in the seven days to Jan. 17, a weekly fall not seen since the first week of September.
Biden’s $1.9T Relief Package Proposal Fails to Stir Bitcoin Market
The U.S. dollar's rise on the news maybe be playing spoilsport to the bitcoin bulls.
Bitcoin Bounces as Options Market Sees 20% Chance of $50K at Month’s End
While a 31% rally to $50,000 in two weeks may be challenging to envision, it is far from impossible, given bitcoin's prior rallies.
Trading Hall of Fame: The Bitcoin Options Bet That Made $58.2M Profit on Just $638K
Back in October, one trader made a long-shot bet that bitcoin would hit $36,000 by January. It paid off in a spectacular way.
Analysts Are Gloomy About Bitcoin’s Short-Term Price Outlook Right Now
Some are now forecasting an extension of Monday's 20% price drop as more bitcoin moves onto exchanges and institutional demand cools.
As Bitcoin Regains Lost Ground, Options Traders Bet on $52K Move By Late January
Some bitcoin traders are buying bullish call options at $52,000 and higher strike prices.
Institutions Use This Strategy to Hide Their Bitcoin Orders
Having smaller orders in essence fools the market into thinking there is not much interest at those price levels when in fact there is.
Bitcoin’s Big Drop Again Coincides With Dollar Bounce in Forex Markets
Bitcoin's crash Monday came alongside a bounce in the Dollar Index.
Bitcoin Plummets as Miners Sell Inventory, Spot Markets Panic
Bitcoin fell sharply early on Monday, having failed to establish a foothold above $40,000 over the weekend.
Why Joe Biden’s $3T Stimulus Package Could Add Fuel to Bitcoin’s Rally
After Joe Biden's inauguration on Jan. 20, an expected raft of new stimulus measures may further boost bitcoin's rally, say analysts.
$41,000: Bitcoin Continues to Forge New Highs
Another day, another record high for bitcoin's price.
XRP Climbs Back up Crypto Rankings With Near 50% Rise
With the sudden rise, XRP has replaced litecoin as the fourth-largest cryptocurrency by market cap.
CME Becomes Biggest Bitcoin Futures Exchange as Institutional Interest Rises
Chicago Mercantile Exchange now tops the list of the biggest bitcoin futures trading platforms, accounting for nearly 20% of all open interest.
Record Expected Ether-Bitcoin Volatility Points to Altcoin Season Ahead: Analyst
Peaking implied volatility spreads suggest the emphasis in the markets will shift to ether and other alternative currencies in the short term.
Stellar’s XLM Token Rallies to 2-Year High on XRP Woes, OCC Ruling, Ukraine
The token is at the highest level since November 2018 in what one observer called a "perfect storm."
Veteran Investor Bill Miller Calls Bitcoin a ‘Rat Poison,’ but for Cash
In 2018, legendary investor Warren Buffett referred to the cryptocurrency as "probably rat poison squared."
Bitcoin Bounces Back Above $31K After Monday’s Drop
Analysts say the bitcoin market now looks less overheated than it did on Monday.
JPMorgan Predicts Bitcoin Price Could Rise Over $146,000 in Long Term
Bitcoin is increasingly competing with gold as an investment asset and has scope for substantial gains over coming years, according to JPMorgan strategists.
Bitcoin Suddenly Drops 13% as Altcoins Continue to Rise
Bitcoin is charting a typical bull market correction amid increased expectations for price volatility.
Ether Price Passes $1,150 to Hit Highest Since January 2018
Ethereum's native cryptocurrency, ether, jumped to its highest level since early 2018 following a 43% gain last week.
Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy: Analyst
Coinbase Pro exchange registered an outflow of over 35,000 bitcoin worth more than $1 billion early Saturday.
Market Wrap: Bitcoin Closes 2020 Near Record Highs
Bitcoin nearly triples its price in 2020 and ends the year close to $29,000, but ether gained 450%.
Number of People Holding Lots of Bitcoin Surges in Rare ‘Whale-Spawning Season’
The number of bitcoin whales rose to a new record high on Wednesday.
India Mulls Imposing 18% Tax on Bitcoin Transactions
The move is viewed by some as a sign the Indian government is warming up to cryptocurrencies.
Bitcoin May Have Hit Wall of Profit Takers Around $19,500: Analyst
Huobi Global saw an influx of larger-than-average bitcoin deposits soon before the price drop, an analyst said.
CEO of DeFi Insurer Nexus Mutual Hacked for $8M in NXM Tokens
Nexus Mutual's CEO, Hugh Karp, lost the tokens after an attacker gained remote access to his computer.