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Bitcoin vs Ethereum: Investment Bank JPMorgan Explains Why ETH Is Outperforming BTC
30.4.2021
Investment bank JPMorgan has published a report explaining why ether is outperforming bitcoin. Citing several key reasons, the firm concluded that “there is evidence of more resilient liquidity, less reliance on derivatives markets to transfer and warehouse risk, and more durable underlying...
Bullish ETH/BTC pair revives the Ethereum 'flippening’ discussion
30.4.2021
Bitcoin price is clinging on to $53,000 while Ethereum’s increasing bullish momentum prompted renewed discussions of an ETH flippening
Key Bitcoin price metric flashes its first bullish signal in 4 months
29.4.2021
Ethereum price is clearly in a strong bull trend, but derivatives data signals that pro traders are shifting their bullish bias back toward Bitcoin
Canaan to Sell $93 Million in Next-Generation Bitcoin Miners to Genesis Digital Assets
29.4.2021
The ASIC bitcoin mining rig manufacturer and chipmaker, Canaan has announced the company has signed a $93.63 million purchase order with the mining firm Genesis Digital Assets. Genesis will be acquiring Canaan’s A1246 Avalonminer rigs that produce 90 terahash per second (TH/s) and deliveries...
Bitcoin set to close first 'red' April in 6 years as Ethereum keeps hitting all-time highs
29.4.2021
BTC/USD is set to end the month around 8% down, the first such losing streak since 2015 despite an even more impressive Q1 performance
African Property Development Firm Partners Online Leasing Platform in a BTC for Solar Cells Scheme
29.4.2021
South African property developer, New Age Properties, says it has partnered with Sun Exchange, an online leasing platform, as part of an effort to bring cheap and clean energy to low-income earners. Bitcoin for Solar Cells According to the two companies’ working arrangement, Sun Exchange...
Sub-$60K monthly close will make Bitcoin's $3.9B options expiry a non-event
28.4.2021
Bitcoin options traders hoped for a $60,000 monthly close, but the balance between calls and puts signal the expiry will be a non-event
Alleged Bitcoin Fog Operator Arrested for Money Laundering, Admin Accused of Mixing 1.2 Million BTC
28.4.2021
U.S. law enforcement arrested the alleged operator of Bitcoin Fog, Roman Sterlingov in Los Angeles on Tuesday. Documents show Sterlingov is accused of laundering over 1.2 million bitcoin via the Bitcoin Fog mixer, a tool that allows users to mix transactions together. According to federal...
Japan’s Gaming Giant Nexon Buys 1,717 Bitcoins — Company Says BTC ‘Offers Long-Term Stability and Liquidity’
28.4.2021
Japanese gaming firm Nexon has purchased 1,717 bitcoins for approximately $100 million. The company believes “bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future investments.” Japan’s Nexon Buys Bitcoin Major gaming company Nexon...
Price analysis 4/28: BTC, ETH, BNB, XRP, ADA, DOGE, DOT, UNI, LTC, BCH
28.4.2021
After a sharp relief rally, Bitcoin price encountered resistance near $55,000, leading to a short-term pullback in select altcoins
Ethereum’s Price Taps Fresh New Highs, ETH Market Cap Eats Away BTC Dominance
28.4.2021
The second-largest cryptocurrency in terms of market valuation, ethereum, has seen significant gains this week in comparison to the rest of the crypto economy. On Wednesday, ethereum tapped an all-time high at $2,736 per unit as the crypto asset has gained 11.48% during the last seven days....
Tesla’s Bitcoin Stash Now Worth $2.5 Billion, SEC Filing Shows
28.4.2021
Tesla’s quarterly filing with the U.S. Securities and Exchange Commission (SEC) shows that the company’s bitcoins are now worth $2.48 billion, a substantial increase from the initial investment of $1.5 billion. This is also after the electric car company sold some bitcoins...
America’s Fifth-Largest Banking Institution US Bank to Offer Cryptocurrency Custody
28.4.2021
On April 27, the American bank holding company U.S. Bank revealed in a blog post that the financial institution plans to offer cryptocurrency custody services. The bank’s chief strategy officer for U.S. Bank Global Fund Services, Christine Waldron, says she is proud of her company’s...
Stock Trader Dave Portnoy Dumps All His Dogecoins to Buy Bitcoin
28.4.2021
After vowing to never buy bitcoin again, stock trader Dave Portnoy has sold all of his dogecoins, which he bought when the price was at a record high, to buy one bitcoin. Having been called “paper hands,” Portnoy now says will never sell his one bitcoin. Dave Portnoy Now a Proud Bitcoin...
Finder’s Bitcoin Prediction Survey Shows Respondents Forecast Six-Digit BTC Prices
27.4.2021
The comparison website that operates in 83 countries, finder.com, has recently published its quarterly bitcoin price prediction report for 2021 and the panellists are very optimistic about bitcoin’s future value. A number of Finder’s panel of 35 fintech specialists believe that bitcoin...
Over $4 Billion in Bitcoin Options Set to Expire Friday, BTC Derivatives Markets Still Frothy
27.4.2021
Bitcoin options markets are set to see a large expiry on Friday as more than 77,000 BTC worth over $4 billion in derivatives contracts are set to expire. The lion’s share of bitcoin options stems from the derivatives trading platform Deribit, as the exchange has more than $11 billion in open...
Bitcoin eyes $58K as spot-driven BTC bounce makes rally 'look sustainable'
27.4.2021
Organic growth from spot traders opens up key resistance levels closer to $60,000 for BTC/USD, analysts argue
Elon Musk Confirms He Owns Bitcoin, Has Not Sold Any — Tesla Intends to Hold BTC Long Term, Sold Some to Prove Liquidity
27.4.2021
Tesla CEO Elon Musk has confirmed that he owns bitcoin and has not sold any of his holdings. His company Tesla, however, has sold some of its bitcoins, which Musk says it’s “essentially to prove liquidity of bitcoin.” Tesla’s Master of Coin says the company believes in...
Possible Bitcoin treasury adoption as more companies cite inflation concerns
27.4.2021
Bitcoin is likely a topic of conversation among the treasury department of many U.S. companies amid rising inflation
Market Update: Bitcoin Bulls Bounce Back, Dogecoin Slumps, XRP Jumps 18%
27.4.2021
Digital currency markets have been regaining some of the losses felt last week as the entire crypto-economy has jumped back over the $2 trillion valuation mark. Bitcoin has risen above the $55k zone, while other digital assets have seen more precipitous gains. Out of the top ten leading crypto...