CME Group’s Micro Bitcoin Futures Open for Trading
The exchange is giving traders another way to bet on bitcoin.
The exchange is giving traders another way to bet on bitcoin.
eToro said it’s adding dogecoin to the cryptocurrencies traded on its exchange due to client demand. This story is developing and will be updated.
The virtual currency is approaching its resistance level.
"Ether's spot-driven rally is primarily due to excitement around the impending EIP 1559 upgrade," one market expert said.
Ether's milestone comes surging trader interest in the leading smart-contracts blockchain.
Signs point to a new avenue of growth for crypto-backed lending.
The country's latest move to rein in cryptocurrencies went into effect immediately.
The last time bitcoin traded at this level was almost two weeks ago, on April 17.
Bitcoin could be in for a long, cool spring of modest new all-time highs followed by sudden dips.
Iran's push to license bitcoin mining could help it evade U.S. sanctions. But the plan is likely to help some of its people more than others.
Bitcoin tends to perform well in the days following the month-end options settlement, based on recent history.
"The crypto narrative is shifting from bitcoin to ethereum," wrote FundStrat, which placed a $10K price target on ETH for this year.
Bitcoin has fully recovered from a late Thursday decline and is approaching resistance around $56K-$58K.
"The ongoing capital rotation into all things Polygon is showing no signs of abating," one research analyst said.
Bitcoin’s dominance is less than half of the crypto market as assets like ether and binance coin captivate traders.
The largest cryptocurrency is down about 10% for the month to date, with the momentum shifting to altcoins.
...by at least two measures, that is. Decentralized finance users probably top 1 million.
The implication is the ongoing capital rotation out of bitcoin and into ether is likely to continue over the coming months.
BTC continues to struggle near resistance and could approach lower support around $52K.
Accumulation by miners is analogous to increased promoter holding of corporate stock and is considered a positive.
Binance’s new venture has raised red flags as regulators investigate whether it violates securities rules.
Bitcoin’s stagnant market is due to investors continuing to explore other cryptocurrencies, says one trader.
The Federal Reserve kept monetary policy unchanged and sees inflation as temporary, which is closely watched by bitcoin investors.
FTX-backed serum surged to an all-time high price.
JPMorgan points to better liquidity conditions as reasons behind ETH's outperformance relative to BTC, which could provide a tailwind.
Analysts expect the Fed to maintain its pro-easing bias.
Daily miner revenue has risen above $3 million this week.
Bitcoin stalled just below $56K resistance after a near 18% price recovery from last week's sell-off. Short-term support is within reach.
Authorities are also contemplating a capital threshold for crypto exchanges and education requirements for the executives at the firms, Bloomberg said, citing an unnamed official.
Bitcoin's rise this week comes after a weekend where its price went as low as $47,272.