Bitcoin’s Price Volatility May Hamper Its Progress Above $50K, JPMorgan Says
The bank's analysts pointed to gold's much lower volatility.
The bank's analysts pointed to gold's much lower volatility.
The fund bets on 10 Ethereum-based protocols angling to shape the future of finance.
Rising bond yields are a threat to prices of hedge assets, but bitcoin is soaring as gold falls.
“We are at all-time-highs territory [and] the market still has to make up its mind" about next resistance or supporting levels, says one broker.
De acuerdo a analistas, la criptomoneda necesitará una mayor cantidad de compras al contado para mantenerse por encima de esa marca
Markets still remain bullish; retail traders take to derivatives.
The firm called the leading cryptocurrency "the start of a new age on the digital currency front."
Canaan shares have gained 230% so far in February.
The filing comes on the same day as bitcoin hit $50,000 for the first time ever.
Break of psychological threshold pushes largest cryptocurrency's year-to-date return to 70%, as a new breed of upstart tokens pushes industry market cap past $1.5T.
The byzantine world of the public U.S. securities market killed the GameStop pump (sort of).
Bitcoin reached a new all-time high of $50,001.35 Tuesday morning, just days after breaking above $48,000.
Bitcoin had been most-crowded trade in January as prices rose to a $40,000 record.
Analysts say more spot buying is needed to bring bitcoin over the $50,000 mark.
Verge has been hit by a massive 560,000-block reorganization.
Buyers showed up quickly to reverse the crypto market dip through Monday.
Lack of hedging demand for long-term put options shows institutions remain unconcerned by Monday's price drop.
Last week's mining revenue eclipsed the previous record set in mid December 2017.
The sudden pullback just short of a new $50,000 high surprised many investors. Here's what probably happened.
The record comes as traders analysts have described institutional investors’ interest in bitcoin as growing “at a staggering pace.”
Morgan Stanley already has a nearly 11% stake in the bitcoin-laden business intelligence company MicroStrategy.
Morgan Stanley already has a nearly 11% stake in the bitcoin-laden business intelligence company MicroStrategy.
Alpha Finance says the "loophole" has been patched.
Despite choppy price action, news over the past few days has been extraordinarily bullish for the leading cryptocurrency.
ByteTree's Charlie Morris shows how bitcoin's price gets to $1 million by 2032. PLUS: JPMorgan hounded by own traders over absence in bitcoin market.
EUR/USD, the most liquid currency pair globally, tracked bitcoin higher following the Tesla news.
On a Zoom call with traders in January, co-President Daniel Pinto suggested he was open-minded about bitcoin.
Bitcoin miners earn windfall income amid the price rally.
The market is bullish on both cryptocurrencies, for different reasons.
Peirce also pushed back against an emerging government narrative that cryptocurrency is a dangerous rail for terrorist financing.