Bitcoin


Markets

Market Wrap: Ether Making Big Gains as Stablecoins Proliferate on Ethereum

The Ethereum network has become the place where stablecoins proliferate. Can ether keep rising in price as a result?

Source: CoinDesk BPI

Markets

Open Interest in CME Bitcoin Futures Rises 70% as Institutions Return to Market

Open interest in bitcoin futures listed on the CME has recovered significantly from March’s lows, signaling a resurgence of institutional participation.

Open interest in CME bitcoin futures are up, signaling more investors want to buy the cryptocurrency. (Chicago Board of Trade, 1973, photo courtesy of National Archives and Records Administration.)

Markets

Bitcoin Price Spikes Above $7.1K, Liquidating $23M on BitMEX

Bitcoin's price has jumped by nearly $500, triggering liquidations of futures on crypto derivatives exchange BitMEX.

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Tech

Ethereum Now Matches Bitcoin on One Key Metric

The use of the Ethereum network to move value around has shot to record levels, thanks to the growth of stablecoins.

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Markets

Market Wrap: Bitcoin Price Volatility Declines in Contrast to S&P 500

As coronavirus upends economic patterns, the S&P 500 continues a rocky run while bitcoin’s volatility has declined.

Source: CoinDesk BPI

Markets

Chainlink's Link Token Outperforms Bitcoin as Business Wins Fuel Hype Cycle

Chainlink’s link token is outperforming bitcoin by leaps and bounds, as the oracle network’s various use cases have garnered attention and hype.

HOW IT’S MADE: "Link has a strong fan base that constantly promotes or ‘shills’ the project to potential buyers. This often creates a positive reinforcement cycle, further driving up the price," says an analyst.  (Credit: Shutterstock)

Markets

More Investors Are Holding Bitcoin Ahead of the Halving, Data Suggests

The number of bitcoins held on exchanges has dropped to 10-month lows as investors decide to HODL.

Credit: Shutterstock/Tiko Aramyan

Markets

Bitcoin Tests $7K as Spot Trading Volumes Subside to Normal Levels

After weeks of elevated activity, trading volumes on spot bitcoin exchanges have subsided, boding well for some traders if not the venues themselves.

Source: CoinDesk BPI

Markets

Options Market Signals Doubt Bitcoin Price Will Rise After Halving

To the moon or to the cellar? Options traders are buying bitcoin puts, or bearish bets on the cryptocurrency, heading into next month's halving.

(Credit: Shutterstock)

Markets

Bitcoin Stuck Below $7K Even as Gold Surges to Over 7-Year High

Gold has left bitcoin behind on a month-to-date basis following a rise to seven-year highs early on Tuesday.

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