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Premium on Grayscale’s GBTC Drops as Reports of New Trusts Emerge: Chinese Crypto Community Unhappy
23.1.2021
Following the recent bitcoin price pullback, the latest Skew data now indicates that the premium rate on Grayscale’s GBTC is under 10%. The lower rate comes just weeks after the premium peaked at 41% towards the end of December. The GBTC premium is a measure of the extent of differences...
Altcoins rally while Bitcoin bulls are thwarted by resistance at $34K
23.1.2021
A handful of altcoins posted double-digit gains while Bitcoin’s relief rally was halted by resistance at $34,000
DeFi surge, rising TVL and new partnerships underpin Ren’s 100% rally
23.1.2021
The DeFi boom and search for projects offering interoperability recently sent Ren’s price and total value locked to new all-time highs
Market Wrap: Bitcoin Back Above $33K While Ether Up 65% in 2021
22.1.2021
There appears to be strong support around $30,000, according to traders
GameStop’s Stock Price Soars To New Records Because Capitalism Is A Shell Game
22.1.2021
Struggling retailer GameStop’s stock curiously hit an all time high today. But it’s not because Sony, Microsoft, and Nintendo suddenly decided to stop selling their games digitally. And it’s not because a new set of Funko Pops has taken the internet’s imagination by storm.Read more
Price analysis 1/22: BTC, ETH, DOT, XRP, ADA, LTC, LINK, BCH, BNB, XLM
22.1.2021
Bitcoin price has rebounded above a key trendline but resistance at higher levels may limit the recovery in altcoins
Bitcoin Seen as the Largest Bubble but ‘Tesla More Vulnerable’ — Deutsche Bank Survey
22.1.2021
Deutsche Bank has conducted a survey about financial bubbles. Eighty-nine percent of respondents see some bubbles in financial markets, with bitcoin near the “extreme bubble” territory. However, more respondents expect the cryptocurrency to double than they do Tesla’s stock....
Alameda-Backed Investment Platform ‘Stacked’ Acquires Automated Trading Service
22.1.2021
Terms of the deal were not disclosed
Institutions Keep Buying Bitcoin’s Dip, Despite Near-term Volatility: Data
22.1.2021
Institutions and "whales" have continued their bitcoin purchases, on-chain data shows
NFT boom and platform upgrades back Decentraland’s (MANA) 100% rally
22.1.2021
Decentraland’s new features, increased digital land sales and a booming NFT market are the driving factors behind MANA’s 100% rally
Buying the Dip: Multibillion-Dollar Microstrategy Invests $10 Million More in Bitcoin
22.1.2021
Nasdaq-listed multibillion-dollar company Microstrategy has purchased more bitcoins. With the latest buy of the cryptocurrency worth $10 million, the company now holds 70,784 bitcoins in its treasury. Microstrategy’s Bitcoin Holdings Rise to 70,784 The Nasdaq-listed Microstrategy (NASDAQ:...
Samsung Discussing $10B Chipmaking Facility in Texas: Bloomberg
22.1.2021
Samsung plans for its foundry to manufacture 3nm chips
Bitcoin News Roundup for Jan. 22, 2021
22.1.2021
With bitcoin back above $30K and analysts calling for a deeper correction, CoinDesk’s Market’s Daily is back with the latest news roundup
Crypto Economy Shaves $100 Billion, Digital Asset Markets Recover Some Losses
22.1.2021
Digital currency markets have dropped in value during the last two days as more than $100 billion was shaved off the entire crypto market valuation. Bitcoin slid to the lowest point of the year at $28,800 per unit on Thursday afternoon, and a number of other crypto-assets saw significant losses...
Singapore Exchange, Temasek Launch Digital Asset Business for Capital Markets
22.1.2021
Singapore Exchange (SGX) and state-owned investment firm Temasek Holdings announced Friday a joint venture launching a digital assets business focusing on capital market products. Read more: Singapore’s Stock Exchange Backs New Ethereum Security Token Platform
Ethereum’s Road to $2K: 3 Reasons to Be Bullish
22.1.2021
Ether recently broke above $1,400 for the first time in two years. Here are three events that could push the price even higher
Bitcoin price bounces above $32K as MicroStrategy 'buys the dip' with $10M
22.1.2021
A further commitment to its treasury sees MicroStrategy join Grayscale as this week's big buyer while others keep selling
First Mover: Bitcoin Newbies Get Volatility Lesson as Old Pros Lament FUD
22.1.2021
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.
Tether’s Bank Deltec Says Stablecoin Is Fully Backed by Reserves
22.1.2021
"Every tether is backed by a reserve and their reserve is more than what is in circulation," Gregory Pepin, Deltec Bank's deputy CEO, said on a podcast Friday
Hut 8 Completes $11.8M Financing for New Bitcoin Mining Machines
22.1.2021
The new machines will add 475 PH/s to Hut 8's hash power