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Bitcoin Could Follow Nikkei Path to Record High, Says Analyst
5.9.2023
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has predicted that the price of bitcoin could “follow the path of the Nikkei, which reached a 33-year high in June.” He highlighted that the largest crypto “has had a close directional relationship with the Nikkei 225.” Bitcoin’s...
Bitcoin Leaves Major Assets in the Dust: Surges 80% in the First Half of 2023, Soars to 12th Largest Global Asset
5.7.2023
In the first half of 2023, eye-opening statistics reveal that bitcoin (BTC), the leading cryptocurrency, demonstrated remarkable performance by surpassing various significant assets such as the Nasdaq Index, Nikkei 225 Index, Dow Jones, S&P 500, Russell 2000, spot gold, the U.S. Dollar Index...
Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects
2.12.2022
Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on returns for potential investors wanting to get more Web3-related capital exposure, will focus its activities on companies...
Bank of Japan to Launch Digital Yen Pilot Program Next Year
26.11.2022
The Bank of Japan is preparing to run a test trial of its own central bank digital currency (CBDC), the digital yen, with help from three top banks and regional institutions. The pilot program, estimated to last two years, will focus on testing the currency via several transactions,...
Report: China Suspected of Stockpiling Gold to ‘Cut Greenback Dependence’
22.11.2022
During the first week of November, the World Gold Council’s (WGC) report that covered last quarter’s global gold demand noted that central banks worldwide purchased close to 400 tons of gold in Q3 2022. The study highlighted that it was the “most on record,” and the WGC researchers also...
Market Wrap: Bitcoin Closes 2020 Near Record Highs
31.12.2020
Bitcoin nearly triples its price in 2020 and ends the year close to $29,000, but ether gained 450%
Market Wrap: With Low Volatility, Traders Seem to Like $9,000 Bitcoin
7.7.2020
Bitcoin traders love hitting buy on their terminals when the price is around $9,000
Market Wrap: As Stocks Rally, Bitcoin Trades Above $9.3K for the First Time in 10 Days
6.7.2020
Equities continue to beat bitcoin’s performance, but everything is making gains Monday
Market Wrap: Bitcoin Briefly Breaks Below $9K, but Markets Remain Comatose
2.7.2020
Bitcoin briefly broke below $9,000 on Thursday, but the markets remain quiet
Market Wrap: Bitcoin Traders Expect Big Move as Volatility Plummets
29.6.2020
Bitcoin volatility drops to historic lows as the cryptocurrency stays just above $9,000
Market Wrap: Bitcoin Tests $9K as Market Struggles With Uncertainty
25.6.2020
After a quick dip in the crypto market, bitcoin is holding steady amid precariousness in the options market and the greater economic picture
Market Wrap: A Sea of Red Across Markets as Bitcoin Drops to $9.2K
24.6.2020
Bitcoin experienced a dip on Wednesday, but equities and other assets also dropped on an uncertain economic outlook
Market Wrap: Bitcoin Trading Flat, Holding at $9.6K
23.6.2020
Trading volume in the crypto market weakened Tuesday but bitcoin is still holding strong from a recent rally
Market Wrap: Bitcoin Hits $9.6K as Bullish Crypto Sentiment Returns
22.6.2020
Bitcoin is back in bullish territory but can the buying last?
Market Wrap: Bitcoin Spot Volumes Are Weak While Options and DeFi Strengthen
19.6.2020
Lower bitcoin spot volumes and flatter-than-usual price action doesn’t mean crypto traders have zero opportunities to capitalize
Market Wrap: Bitcoin Quiet at $9.3K While DeFi Gets Loud
18.6.2020
Most markets are quiet while activity seems to be increasing on Ethereum’s DeFi network - which could help explain ether’s outperformance of bitcoin in 2020
Market Wrap: Bitcoin Flat at $9.4K but Investors Are Holding On
17.6.2020
There is little to no excitement in the markets today with bitcoin staying steady, which has been the case for its overall price performance the past six weeks
Market Wrap: Stocks Rally on Possible Stimulus but Bitcoin Is Flat at $9.5K
16.6.2020
Equities are winning while bitcoin traders experience a dip in crypto volumes
Market Wrap: Bitcoin Drops, Then Pops as Traders See Weaker Markets Coming
15.6.2020
Roller-coaster daily trading for bitcoin Monday isn't convincing traders a larger crypto bull market is in the cards
Market Wrap: Bitcoin Is Still Up 30% in 2020 After a Bumpy Week
12.6.2020
The crypto market seems more closely tied to traditional markets now, but is handily beating stocks year-to-date