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Billionaire Hedge Fund Manager Paul Tudor Jones Expects Bitcoin’s Market Cap to Grow Beyond $500 Billion
5.12.2020
Famed hedge fund manager Paul Tudor Jones has updated his view on bitcoin. Envisioning a bullish future similar to “the metals complex where you have precious crypto,” he says that $500 billion is the wrong market cap for bitcoin, given all the “possibilities that it has.”...
Darknet Market Crypto Revenues Hit All-Time Highs in 2020
5.12.2020
A study revealed that darknet markets have astonishing figures so far in 2020, despite the coronavirus pandemic, but the dynamics changed compared to the last year’s numbers. Darknet Vendors Surpassed $800 Million in Revenues Despite Covid Pandemic According to the Chainalysis report, darknet...
Research Suggests Bitcoin Buying Ramps Up When Traditional US Markets Open
4.12.2020
While bitcoin and a number of digital assets set new 2020 price highs, a variety of crypto-asset commentators have detailed that since October, there’s been a lot of bitcoin buying action during U.S. market hours. Data shows that between East Asia and North America, the two regions account...
Market Wrap: Bitcoin Dips Below $19,000 as Ether Options Volume Drops
4.12.2020
Bitcoin briefly dropped below $19,000 on a low-volume day while the ether options market seems to be in decline for now
A ‘Santa Claus Rally’ for the Stock Market?
4.12.2020
Since 1969, 34 out of 45 years have seen a late December rally. Here are 5 reasons why that might not happen this year
Celsius’ CEO thinks Ethereum could lose its market dominance if this doesn't happen
4.12.2020
It's a possible hurdle to cross, but it could take some time
DeFi Catches up to Ethereum 2.0’s Pace: Weekly Market Review by TokenInsight
4.12.2020
Markets usually show better performances around the end of the year, especially as good news tends to be released inContinue Reading
The post DeFi Catches up to Ethereum 2.0’s Pace: Weekly Market Review by TokenInsight appeared first on CoinMarketCap Blog
Central Bank of Nigeria Governor Decries the Use of Parallel Exchange Rate as Citizens Switch to Crypto
4.12.2020
The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate by some professionals in that country is unfair and unfortunate. The CBN governor says the parallel foreign exchange market only accounts for a share of the market that does...
3 key ways 2021's Bitcoin bull run may differ from 2017's
4.12.2020
Bitcoin price has overtaken its 2017 high, but should investors expect the top-ranked altcoins to do the same?
Market Wrap: Bitcoin Lingers Around $19.4K While ETH/BTC Pairing Hits Bull Mode
3.12.2020
Bitcoin’s price is in a tight range Thursday while some investors are moving into ether
This bull market is different because people already know about crypto, Celsius CEO says
3.12.2020
His price predictions are a little lower than most speculators, however
Bitcoin Undervalued Relative to Gold, Equities, Tudor Jones Says
3.12.2020
The hedge fund manager has 1% to 2% of his multi billion-dollar portfolio in bitcoin
Nexo Launches Buyback Program, Commits Initial $12M
3.12.2020
PRESS RELEASE. Nexo, the leading regulated digital financial institution with over $2 billion in assets under management, today announced the details of its buyback program. The company’s Board of Directors approved an initial repurchase of $12 million of its NEXO Token on an open-market...
Blackrock CEO Larry Fink: Bitcoin Makes US Dollar Less Relevant, Can Evolve Into a Global Market
3.12.2020
The CEO of Blackrock, the world’s largest asset manager, said that bitcoin “can evolve into a global market.” Moreover, the cryptocurrency has a “real impact on the U.S. dollar,” making the need for the USD “less relevant.” Bitcoin Evolving Into a Global...
Darknet Markets Face Headwinds After Year of Mixed Results
3.12.2020
Darknet markets are falling off the radar and watching their customer base level off
Swiss Firm Launches ‘No-Fee’ Bitcoin Exchange-Traded Product on Nordic Growth Market
3.12.2020
Swiss-based Valour says its bitcoin ETP is the first with no fees
Mining City: A Blueprint for Success?
3.12.2020
“Together we grow!” This is the slogan of Mining City, a company with a solid foundation in the cryptocurrency market. Is this catchphrase a real promise, or an overstated declaration? Let’s find out. Brick by Brick Cryptocurrencies are considered by many as the “gold of...
Peter Schiff Lays Into Grayscale and CNBC, Claims Conspiracy to Pump BTC Value
3.12.2020
Euro Pacific Capital CEO Peter Schiff is now training his guns on Grayscale Trust’s GBTC after the validation of his regular anti-bitcoin rhetoric was cut short by a resurgent crypto market. After rapidly falling to around $16,500 on November 26, BTC quickly recovered before it went on to...
Bitcoin price consolidates as traders contest the $18.2K to $19.5K range
3.12.2020
Bitcoin price has decided to take a breather as bulls and bears fight to take control of the $18,200 to $19,500 range
Market Wrap: Bitcoin Flat at $19K While Ether Options Traders Bet Bearish on 2021
2.12.2020
Bitcoin’s price is seeing little action while the ether options market is betting on a much lower valuation for the asset in 2021