Ether Looks Overleveraged as Cryptocurrency Hits New High Over $1,900
Ether soared to new record highs Thursday, but an overheated derivatives market may suggest higher volatility is on the way for the short term. The…
Markets
Market Wrap: Bitcoin Rallies On After Passing $50K Psychological Level to $52K
Bitcoin broke above $52,000 Wednesday, with a market capitalization nearing $1 trillion. Bitcoin (BTC) trading around $52,231.69 as of 21:00 UTC (4 p.m. ET). Gaining…
Bitcoin Poised for Short-Term Gains Past $51K as MicroStrategy Upsizes Debt Deal
Bitcoin’s rally could continue in the short term, analysts and traders said, after the largest cryptocurrency by market cap surged on Wednesday to a new…
Bitwise Launches DeFi Crypto Index Fund
Bitwise Asset Management on Wednesday launched a decentralized finance (DeFi) index fund, hoping to capture deep-pocketed investors’ bets on the corner of the crypto markets…
Market Wrap: Bitcoin Remains Around $48.5K Amid Flat Trading Activity
Bitcoin faced choppy markets for most of Tuesday after briefly trading above $50,000 for the first time during early U.S. trading hours. With some remaining…
‘Long Tech’ Retakes Most-Crowded Trade Crown from Bitcoin: Bank of America Survey
A bullish bet on technology stocks, or “long tech,” has reclaimed the title of most-crowded trade in the financial markets, according to Bank of America’s…
Bitcoin Recovers From Dip to Set New Record High Close to $50K
Bitcoin printed new lifetime highs near $50,000 this morning, having crowded out excess bullish leverage in the derivatives market with a swift price drop on…
Market Wrap: Crypto Market Cap Breaks $1.5T as Buyers Show Up for the Dip
Bitcoin has fully pared losses from Sunday’s dip as the leading cryptocurrency fell from around $48,600 to below $46,000 early Monday morning. As of 21:00…
Institutions Not Worried About Bitcoin Dropping Below $40K, Options Data Shows
Despite bitcoin’s rapid $3,000 fall from new record highs seen Sunday, institutions seem confident about the cryptocurrency’s long-term prospects. The cryptocurrency dropped to $47,790 earlier…
3 Reasons Why Bitcoin’s Price Just Fell by $3K
Bitcoin saw a significant drop early on Monday, soon after it had looked primed for a convincing move above $50,000. The top cryptocurrency slipped from…