Market Wrap: Bitcoin Back Above $33K While Ether Up 65% in 2021
There appears to be strong support around $30,000, according to traders.
There appears to be strong support around $30,000, according to traders.
Terms of the deal were not disclosed.
Institutions and "whales" have continued their bitcoin purchases, on-chain data shows.
Samsung plans for its foundry to manufacture 3nm chips.
Ether recently broke above $1,400 for the first time in two years. Here are three events that could push the price even higher.
A mixture of bearish price-chart patterns and ill-understood news items combined to cause bitcoin's biggest price plunge since March, in a demonstration to market newcomers of the cryptocurrency's notorious volatility.
The new machines will add 475 PH/s to Hut 8's hash power.
Despite a bounce earlier on Friday, bitcoin may yet see further losses in the near term.
Bitcoin gains in 2021 dropped below 1% as strong selling continues.
Bitcoin ended Thursday down 13% amid continued selling.
Very low spot volume Thursday isn’t helping bitcoin's price.
Bitcoin's correlation with traditional markets could "erode" its "diversification value over time."
S&P joins a growing list of Wall Street firms to weigh in on bitcoin after prices for the cryptocurrency quadrupled in 2020.
Uncertainty is leading many to take short-term profit, according to the "Coinbase Premium" indicator.
Guggenheim Partners CIO says bitcoin could retrace all the way back to $20,000.
Kraken's biggest-ever expansion of trading pairs is aimed at growing its presence in the two promising markets.
There's a lot of long-term bulls in the bitcoin market. But in the short-term?
Options traders look to be preparing for further falls in bitcoin's price in the short term, according to put-call skew data.
Bitcoin fell by over $3,300 while options traders see ether going higher.
Tron USDT volume eclipses Ethereum for the third consecutive week.
The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink.
The company shed $130 million in value after J Capital’s report.
Fundstrat strategist David Grider based his bullish prediction in part on the promise of Ethereum's technology.
The Ethereum blockchain is growing fast thanks to DeFi, and some traders say the ether cryptocurrency could notch further gains.
The financial regulator ordered the Bitkub exchange to close and fix issues that caused several outages as prices spiked this month.
Bitcoin fell from $36,000 to $34,000 Wednesday morning, despite continued buying from investors.
Listing cryptocurrencies could harm the stock exchange’s image and lose investor confidence, an executive said.
One-quarter of respondents think bitcoin could double its price to north of $70K by the start of 2022.
Delivery of the new machines is set to start in May.
The price of bitcoin has traded in a tight range Tuesday.