Ethereum Classic’s ‘Irrational’ Price Tripling Bears Hallmark of Dogecoin Frenzy
Analysts see speculative fever rather than informed bets on the blockchain’s future technological potential.
Analysts see speculative fever rather than informed bets on the blockchain’s future technological potential.
Brazil's largest crypto exchange, Mercado Bitcoin, has already traded $5 billion in the first quarter of 2021 alone compared to $1.2 billion in all of 2020.
The opportunity could be substantial for an already fast-growing crypto industry with a current market capitalization currently around $2.3 trillion.
BTC buyers continue to take profits on recoveries.
Gold is outperforming bitcoin amid a renewed drop in inflation-adjusted bond yields.
The Fed's own staffers didn't mention cryptocurrencies as a risk to financial stability, but market participants did.
Atcoins are rising, ether hits another all-time high and bitcoin’s correlation to gold drops to zero.
The ETF is listed on the London Stock Exchange and Deutsche Boerse under the ticker “DAPP."
Bitcoin's price recovery fails to subdue fears of a deeper bull market pullback.
BTC could face resistance near the all-time high on improving trend strength.
Increased demand for deep out-of-the-money call options is reflective of strong bullish sentiment.
Ethereum Classic pops 53%, while bitcoin recovers and ether pushes back toward its all-time high.
The leading automated market maker now offers "concentrated liquidity," which many believe will attract even more liquidity than Uniswap has already.
Sophisticated actors are taking from amateur investors in bitcoin derivatives trading, according to Carnegie Mellon researchers using data from BitMEX.
Bull frenzy grips crypto markets as the hunt for yield goes beyond bitcoin and ether.
Bitcoin has retraced roughly 38% of the sell-off from May 3 as the short-term trend improves.
"Rate hikes are not something I'm predicting or recommending," Yellen later said.
The acquisition comes as Galaxy Digital plans a U.S. listing later this year.
Some see ether and bitcoin now behaving as very separate assets, which normally isn’t the case.
Ether attracted $30 million of inflows during the seven days through April 30.
Cryptocurrencies fall along with other risky assets on hint of higher interest rates.
Robinhood is experiencing platform issues as retail traders rush to place orders amid a rally in Dogecoin (DOGE). This isn't the first time.
Meanwhile, FEI’s market capitalization has plunged by almost half.
Ether is on track to extend its nine-day winning trend amid signs of institutions seeking exposure to the cryptocurrency.
Ether's options market saw record trading volume of $1.32 billion on Monday, far above bitcoin's $879 million.
Bitcoin stabilized after a near 5% drop during Asia hours. Momentum is slowing, which could limit rallies.
Multi-asset brokerage eToro announced support for the cryptocurrency Monday.
After adding the stablecoin to its Pro platform, Coinbase says USDT is now available for general users.
The ether market is experiencing record numbers for spot, futures and DeFi. Bitcoin is in the backseat for now.
"Buying options in this low implied volatility environment is extremely interesting," one crypto firm says.