Markets


Markets

Market Wrap: Ether Jumps to All-Time High as Bitcoin Stalls Despite JPMorgan's $130K Call

The action was in ether on Friday as the second-biggest cryptocurrency's price jumped to a new all-time high.

Ether jumped to a new all-time high.

Markets

Bitcoin Decoupled From Stocks in Q1 as Institutional Demand Strengthened: CoinDesk Research

Bitcoin decoupled from stocks and gold but remains inversely correlated to the U.S. dollar.

Bitcoin's correlation with the Standard & Poor's 500 Index of U.S. stocks has declined to zero.

Markets

Central Bank 'Money Drops' With Digital Currencies Could Fuel Inflation: Bank of America

CBDCs could facilitate central bank stimulus in the form of money drops, and lead to higher inflation, says BofA.

The U.S. government is disbursing economic impact payments directly to taxpayers. But there wasn't much bitcoin stimulus.

Markets

Ether Price Jumps to All-Time High Near $2,100

Ether is rallying in the wake of Visa's decision to facilitate crypto-based settlements via the Ethereum blockchain.

Ethereum

Markets

Bitcoin Miners Saw a Monthly Record $1.5B Revenue in March

Bitcoin mining revenue broke a new record in March, fueled by the BTC price rally.

Monthly Bitcoin Miner Revenue

Markets

DOGE Jumps After Tesla's Musk Promises 'Literal' Moonshot

Elon Musk's tweets keep sending dogecoin into the stratosphere, now with a market capitalization over $8 billion.

MOSHED-2021-4-1-7-45-10

Markets

Bitcoin Newbies Are HODLing as Prices Rise, Blockchain Data Suggests

The new generation of HODLers were forged during market rallies over the past year, and show no signs of slowing down.

The term "HODL" is crypto-industry slang for the practice of holding tokens for the long term.

Markets

Bitcoin Steady at Resistance; Support Around $57K-$58K

Bitcoin traded in a tight range during Asian hours; resistance around $60K and support around $57K-$58K.

BTC Hourly Chart

Markets

Filecoin Surges 42%, Replaces Litecoin as 9th Largest Digital Asset

Institutional demand propels filecoin ahead of litecoin.

Filecoin creator Juan Benet

Markets

Options Market Shows Call Bias as Bitcoin Prepares for New Price High

Bitcoin's call options are drawing higher value than puts.

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