Goldman Sachs Says Blockchain Stocks on Average Outperform S&P 500 (But Not Bitcoin)
Goldman Sachs identified 19 blockchain and cryptocurrency related stocks that have outperformed the S&P 500 this year.
Goldman Sachs identified 19 blockchain and cryptocurrency related stocks that have outperformed the S&P 500 this year.
The price move extends the second-largest cryptocurrency's stunning rally this year: It has tripled already in 2021, amid trader enthusiasm over growth in blockchain applications.
DeFi's original robo adviser for yield is betting on transparency as it grows through the bull market.
The real innovation of decentralized finance (DeFi) is decentralization, not finance, our columnist says.
Long-term bitcoin holders were unmoved during the recent correction, similar to previous turning points, according to Glassnode.
Polygon's MATIC token has charted a 35-fold rally this year.
The outages took place shortly before mining operations usually move from the coal-rich Xinjiang region to the rain-rich region of Sichuan.
U.S. CEOs are now regularly discussing inflation during quarterly earnings conference calls. Bitcoiners saw this coming.
Fed Chair Jerome Powell's challenge is to convince traders he's got the resolve to respond to runaway inflation, without actually doing anything.
BTC is now at the most overbought level since April 14, when it reached an all-time high around $64,800.
Bitcoin has bounced to $54,000, the max pain point of the April 30 options expiry.
Inflation remains a key focus, according to a survey of global investors, although risk of a "Fed taper" appears low.
Bitcoin’s recovery may spark momentum that should persist this week, said one trader.
Bitcoin prices fell 14% during the seven days through April 23, while ether rose 18%..
The SOPR indicator, which measures aggregate net profit/loss could signal a BTC market bottom, according to Glassnode data.
Bias for short-term bitcoin puts or bearish bets has weakened in the wake of price rise.
Polygon has seen a 10x rise in the number of transactions since the start of the year.
BTC is attempting to break above a series of lower price highs from April 14, which could stabilize the short-term downtrend.
The bellwether cryptocurrency was changing hands around $52,150, with hourly buyer volume at the highest since April 23.
Bitcoin rode the roller coaster this week, but its overall volatility has been in decline.
It's the second crypto platform in a week to face troubles in a country that is banning the use of cryptocurrencies for payments.
April has not been a kind month to crypto in Turkey.
Analysts pointed to the Biden proposal to double capital gains taxes on high-income individuals as the catalyst.
It's not exactly the Rumble in the Jungle, but the fight between British featherweight fighter Brendan Loughnane and Brazil’s Sheymon Moraes could make cryptocurrency history.
Dogecoin's popularity reflects big power shifts due to social media and twin financial crises. There's no more important story for the reimagination of money, says CoinDesk's chief content officer.
The daily RSI is approaching oversold territory, which could attract short-term buyers.
The premium measures the spread between bitcoin's price on Korean exchanges and other venues.
"While the shock may be sustained in stock markets, the nature of cryptocurrency will see straight through this dip," Landsberg-Sadie told CoinDesk.
Bitcoin falls as Biden's plan to raise capital gains tax hurts risk appetite.
Bitcoin's price fell about $4,300 in the last 24 hours.