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“# Not bad for 2020: Up 42% in Q4, Bitcoin price outperforms top bank stocks ” Historically, traditional market analysts and old school investors tend to look at Bitcoin and other cryptocurrencies with a wary eye, and when crypto pundits attempt to make comparisons between the two these investors say it’s an apples to oranges…
“#’Individual X’ stole $1 billion in crypto from Silk Road. U.S. officials just seized it.” I’ll take that, thank you very much. Image: Ambar Del Moral / mashable The U.S. government is trying to seize what “Individual X” had already stolen. Specifically, that would be a gargantuan amount of cryptocurrency. In a surprise reveal to…
“# CME Bitcoin futures spike during US presidential election ” As votes came in on the night of Nov. 3, the day of the U.S. presidential election, Bitcoin’s (BTC) volume soared on the Chicago Mercantile Exchange, or CME. “Overnight, before 9:00am NYT over 6,700 Bitcoin futures contracts traded (33,500 equivalent Bitcoin), 75% more than what…
“# Bitcoin price rally to $15.3K obliterates bears $180M BTC options bet ” On Nov. 4 the open interest on Bitcoin (BTC) options reached a new all-time high. As this occurred an even more curious case emerged. On Nov. 6, a total of $470 million in open interest is set to expire. This is rather…
“# Bitcoin price hits $15K as daily gains top 9% and Trump Vs. Biden goes on ” Bitcoin (BTC) hit $15,000 on Nov. 5 as excitement over the U.S. election spilled over from macro markets. Data from Cointelegraph Markets and TradingView showed BTC/USD tackle the $15,000 barrier repeatedly throughout the day, finally breaking it to…
“# Bitcoin hits all-time high against Russian ruble ” Amid the ongoing rally in cryptocurrency markets, Bitcoin (BTC) has secured another milestone by hitting a new all-time high against Russia’s national currency, the ruble. According to data from major crypto tracking website CoinGecko, Bitcoin has broken another historic high against the ruble, crossing its previous…
“# Bitcoin hits $14.7K — 3 reasons this rally may see new all-time highs ” From November to December in 2017, the price of Bitcoin (BTC) experienced a parabolic uptrend to a new all-time high at $20,000. There are three reasons Bitcoin might see a similar trend in the upcoming months. First, the post-halving cycle…
“# Dormant crypto exchange Cobinhood to ax real-time customer support in 2021 ” Taiwan-based cryptocurrency exchange Cobinhood is making significant adjustments to its customer service practices in 2021. According to an official announcement on Nov. 1, Cobinhood will change its customer service policy to get rid of real-time interactions with clients. Starting Jan. 1, 2021,…
“# Crypto mining is now drawing in the world’s top renewables producers ” En+ Group, the world’s top producer of low-carbon aluminum and the largest private-sector generator of hydropower, has entered its first crypto mining joint venture. The new venture, called Bit+, will focus on creating facilities that support crypto mining with a low carbon…
“# CEO of crypto derivatives exchange FTX donated $5M to Biden campaign ” Sam Bankman-Fried, the CEO of Hong Kong-based cryptocurrency derivatives exchange FTX, donated $5.2 million to vice president Joe Biden’s presidential campaign. As The Wall Street Journal reported on Oct. 28, Biden’s presidential campaign received a total of $79.5 million from the top 100 donors…