Watch Out for These Risks Before Investing in Bitcoin or Ether
Twelve years after its creation, regulating bitcoin is still complicated in most countries. That's just one of the investment risks.
Twelve years after its creation, regulating bitcoin is still complicated in most countries. That's just one of the investment risks.
RSI's bearish divergence indicates uptrend fatigue and suggests scope for a bull market correction.
For now, BTC’s uptrend remains intact.
The spike may be being fueled by increased put selling, which is usually done when the market is expected to consolidate, or rally.
And yet, bitcoin’s trading volume shows no signs of returning to previous high levels.
Others applying to offer a bitcoin ETF in the U.S. include NYDIG, Valkyrie and VanEck.
Investors are now seeing bitcoin as both an inflation hedge and risk asset.
The share price implies a market value for the cryptocurrency-focused investment firm of $860 million.
CEO Mike Colyer said his company wants to offer an experience "tailor-made to fit the needs of institutional mining companies."
Tether has announced the expansion of its USDt token to an eighth blockchain – Solana.
Some analysts predict this rally could push bitcoin past $60,000 for the first time.
The overall program's size was left intact, along with the March 2022 end date, but the pace of stimulus is now set to increase.
The Jersey-based investment firm said its offering was oversubscribed, garnering subscriptions for nearly $80 million.
Ether is facing resistance from all-time-highs and could see lower support, initially around $1,561.
John Waldron, COO and president, said his bank is talking to regulators about digital currencies after recently relaunching its trading desk.
Up to 15% of the fund would be invested in bitcoin, solely through the Grayscale Bitcoin Trust.
Brad Hintz, a former star Sanford Bernstein analyst, Morgan Stanley treasurer and Lehman Brothers CFO, explains the risks in the fine print.
Bitcoin is within range of a quick run to the all-time high of $58,332.
According to Arcane, the new corporate buyers appear intent on keeping the cryptocurrencies for the long term "and see further upside potential in bitcoin."
The measure may contribute to temporary inflation during the summer, economists say.
Blockchain data might give traders comfort that prices aren't likely to revisit the end-of-2020 level anytime soon.
Earlier today, the investment manager’s parent company, Digital Currency Group, said it authorized the purchase of GBTC shares.
Bitcoin has changed how we think about value creation, but Coinbase's $100 billion projection still looks very high.
The 12-month rate represents an acceleration from January's 1.4% clip, a pickup partly driven by higher gasoline price.
Did the CME's ether futures launch coincide with a market top, relative to bitcoin? It sure looks like it based on the chart pattern.
The new DogeDEX from Komodo will allow fans to make peer-to-peer exchanges of the cryptocurrency.
Higher U.S. inflation expected to be revealed today is both good and bad news for bitcoin prices.
The CPI for February probably rose 1.7%, accelerating from the January pace of 1.4%, based on economists' projections.
Analysts who track price-chart patterns said bitcoin’s climb to about $54,000 could position the largest cryptocurrency for a fresh ascent toward last month’s record price above $58,000.
Bitcoin finds support at $50,000, with next resistance seen at $54,000, and then at the all-time high around $58,000.