A widely-followed trader and crypto strategist remains long-term bullish on Bitcoin as he says the leading cryptocurrency could pull off a massive 650% increase. The pseudonymous trader known as Jack Sparrow explains to his 96,300 followers why he believes Bitcoin can potentially rise to as high as $300,000. “$300,000 Bitcoin Read more…
Ethereum continues to have a good week: it’s risen 10% today, which brings it to a 66% increase over the past seven days. In a little over an hour, the price climbed from $1,225 to around $1,280. This is dangerously close to a new all-time high—Ethereum last broke the record, Read more…
Bitcoin has been surging as of late. At the time of writing, the world’s number one digital currency by market cap has jumped beyond the $40,000 price for the second time this month, but according to billionaire investor Chamath Palihapitiya, the currency is just getting started, and $40,000 is nothing Read more…
Chainlink approached $15.88, a level of resistance that has a confluence with the mid-point of the range it has been trading in over the past couple of days. Ethereum Classic attempted to flip the $7 resistance to support, and Compound saw increased selling volume even as its price climbed the Read more…
Global investment bank Morgan Stanley has increased its bitcoin exposure manyfold by investing in Microstrategy, the Nasdaq-listed company which currently holds about 70,470 bitcoins. Morgan Stanley now has a 10.9% stake in Microstrategy. ‘Even Banks Want Bitcoin’ Global financial services firm Morgan Stanley has significantly increased its exposure to bitcoin, Read more…
A decentralized finance (DeFi) project is gearing up to debut a token that aims to allow users to capture the value of the entire $1 trillion cryptocurrency market. Led by Ethereum 2.0 developer and Prysmatic Labs founder Preston Van Loon and Joe Sticco, Cryptex is set to launch the mainnet Read more…
On Friday, Flare Networks announced that it will airdrop Spark (FLR) tokens to Litecoin holders in advance of its mainnet launch later this year. In a follow-up tweet, the company also announced that it has reduced the five billion tokens initially allocated for distribution amongst their founders to cover the Read more…
Miners earned an estimated $692 million last month. Source Author: Zack Voell
Elon Musk, the billionaire founder of Tesla and SpaceX and who has just become the world’s richest man, has said he would never turn down being paid in the cryptocurrency bitcoin… Source Author: Billy Bambrough, Contributor
Quick take . Hyundai Mobis announces the launch of the MAPS platform. . The platform is enhanced by advanced technologies, such as artificial intelligence (AI), machine learning, and blockchain. The South Korean parts and service giant, Hyundai Mobis, has recently announced the launch of the MAPS platform (Most Advanced Parts Read more…
Bill Miller – a value investor – is one of just many people who appear to have changed their tune on bitcoin. It used to be that bitcoin was an extremely worrisome, potentially even dangerous asset to invest in given how volatile it was. It used to be that bitcoin Read more…
Bitcoin broke $40,000 on the 7th of January, setting a new record high of $40,180 but quickly made a downward correction following an intense price rejection. This led to the big bull closing at a price of $36,491. Bitcoin reclaimed momentum a day later and retested its previous all-time high Read more…
Crypto analytics firm Santiment is revealing that deep-pocketed investors are swiftly scooping up BTC as the number of Bitcoin whales hits an all-time high. The firm says that the number of whales holding a minimum of 1,000 BTC broke records earlier this week. “Bitcoin’s number of whale addresses with at Read more…
Bitcoin has seen some mixed price action as of late, with bulls struggling to defend the cryptocurrency against a break below $40,000 as bears try to reverse its momentum The crypto’s ability to hold above this level is promising, but it remains unclear as to how long it will hold Read more…
You know Elon. Your mom and dad knows Elon. In the last couple of days, even your grandma knows Elon Musk, after the Tesla/SpaceX CEO bumped Jeff Bezos to become World’s Richest Man. Today Musk ended his ambivalence about Bitcoin in response to a tweet written yesterday by author Ben Read more…
Former Federal Reserve Governor Kevin Warsh is bullish on bitcoin. He sees all assets that are not controlled by the U.S. government “going through the roof,” unlike those the Fed purports to control. He has outlined three reasons why bitcoin makes sense to him. Why Former Fed Governor Is Bullish Read more…
Quick Take The world’s largest crypto exchange Binance doesn’t have IPO plans like rival Coinbase, CEO Changpeng “CZ” Zhao told The Block. Binance wants to take a more crypto-native “path” forward, said Zhao, i.e., expanding the utility of its “utility token” BNB. Zhao said he’s spending most of his time Read more…
For years, Bitcoin investors have been asking Elon Musk, CEO of Tesla and SpaceX, if they can buy cars or tickets to Mars with the leading cryptocurrency. It’s become somewhat of a recurring meme, where whenever Musk mentions Bitcoin or cryptocurrency, those with BTC would ask if they can use Read more…
Bitcoin, ethereum, lightning network, monero, anything open blockchain is fair game during the New Year Extravaganza. We’ve got surprises, including some special appearances, so come celebrate the new year with aantonop and a few hundred of your closest crypto friends! The easiest way to not miss this event is to Read more…
It has been less than three years since one of the most celebrated traditional investors, Warren Buffett, famously called bitcoin “rat poison squared.” While he envisioned the cryptocurrency’s demise at the time, BTC has so far survived, surged by over 300%, and its market capitalization has surpassed that of Buffett’s Read more…
The bitcoin price has hit $40,000 for the second time this month. While technically the asset had done so during yesterday’s early morning hours, the currency ultimately underwent a bit of a correction later in the day that brought it down into the $39,000 range. Bitcoin Strikes the $40K Anvil Read more…
The Block’s data dashboard is available via this link or the navigation bar under “Data”. Categories There are four major categories on the data dashboard, each of which has multiple sub-categories: Markets. Everything related to the crypto trading activity. This includes spot, futures, and options markets — with regards to Read more…
With Bitcoin’s price crossing $41000 and hitting a new ATH, there are several stories on the internet examining the similarity between the current and the bull runs in 2013 and 2017, which may just be a desperate effort to predict the price trend. However, there are a few metrics that Read more…
An ETF could draw institutional money from the Grayscale Bitcoin Trust, a support for the price of the cryptocurrency, the report said. Source Author: Kevin Reynolds
SkyBridge Capital, the hedge fund run by former White House Communications Director, Anthony Scaramucci, which on Monday opened a Bitcoin fund, was on Thursday overrun by prospective customers. On January 7, SkyBridge held a Zoom call to inform prospective investors about its million Bitcoin Fund, which on Monday held a Read more…
There has been an increased interest from institutional investors in cryptocurrencies. That’s according to the new CEO of Grayscale, Michael Sonnenshein. Michael is replacing Barry Silbert as CEO after serving as the fund’s Managing Director over the last 3 years. Institutions, Pensions, And Endowments While talking to Bloomberg, Michael opined Read more…
Crypto influencer and trader Tyler Swope is naming ten under-the-radar projects that have the potential to blast off in the current altcoin hype cycle. First on Swope’s list is blockchain scalability platform Matic Network (MATIC), which he says is hosting a layer-two financial product that is racking up tens of Read more…
During the last few days, the world has watched the Big Tech and social media crackdown after the incident that took place at Capitol Hill a few days ago. During the last 48 hours, U.S. President Donald Trump, a great number of right-wing supporters, and literally anyone who speaks out Read more…
The price of Bitcoin SV today surged by 30% as the altcoin market picks up the pace. Bitcoin SV is built on a blockchain that forked from Bitcoin Cash, which itself is a fork from Bitcoin, the grandaddy that’s currently setting new all-time-highs every week. Attention to the Bitcoin SV Read more…
December of 2020 beat out the previous month’s all-time high for Ethereum options trading volume, according to data compiled by The Block. November generated $1.83 billion worth of options while December had $2.24 billion — a 22.4% increase. Deribit had 83.4% of the Ethereum options trading volume. Next was OKEx Read more…