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Crypto Users Donate $400K To Julian Assange Defense As Mexico Proposes Asylum

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A U.K. judge ruled against extraditing the WikiLeaks founder to the U.S. in response to his legal team arguing he would have a "high risk of serious depression leading to suicide." Crypto Users Donate $400K To Julian Assange Defense As Mexico Proposes Asylum Amid speculation on social media that United…

Grayscale Ethereum Trust Fell 22% Despite Rally In Holdings

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A flood of new shares in the Grayscale Ethereum Trust is sending its price in the opposite direction of the cryptocurrency that it holds. Grayscale Ethereum Trust Fell 22% Despite Rally In Holdings The $3.5 billion fund, ticker ETHE, fell as much as 22% on Monday, despite Ether rallying almost…

Google Staff Launch Union, Escalating Tension With Leaders

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Employees of Google and parent company Alphabet Inc. announced the creation of a union on Monday, escalating years of confrontation between workers and management of the internet giant. Google Staff Launch Union, Escalating Tension With Leaders The Alphabet Workers Union will collect dues, pay organizing staff and have an elected…

Bitcoin’s Bulls Should Fear Its Other Scarcity Problem

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As the value of this asset class rises, generating price spikes becomes increasingly difficult. Bitcoin’s Bulls Should Fear Its Other Scarcity Problem In the eyes of many Bitcoin advocates, scarcity is a key advantage over more conventional assets. Unlike fiat money, which can be created from nothing on a bank’s…

China Tells Inefficient Firms To Toughen Up Or Prepare To Fail

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China is turning the screws on the nation’s companies as authorities seek to take advantage of the global pandemic to strengthen its industrial might. China Tells Inefficient Firms To Toughen Up Or Prepare To Fail After letting inefficient firms survive for years, Beijing is now allowing them to fail. Bond…

Treasuries Inflation Gauge Exceeds 2% for First Time Since 2018

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Traders see U.S. inflation averaging at least 2% per year over the coming decade, the first time expectations have climbed that high since 2018. Treasuries Inflation Gauge Exceeds 2% for First Time Since 2018 The move came as real yields plumbed record lows. The 10-year breakeven rate -- a measure…

Ether Follows Bitcoin To Record High Amid Dizzying Crypto Rally

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The digital currency Ether reached a record on Monday a day after Bitcoin breached $34,000 for the first time as the surge in cryptocurrencies continues. Ether Follows Bitcoin To Record High Amid Dizzying Crypto Rally Ether touched a high of about $1,010, its first foray past $1,000, following a 30%…

Retail Investors Are Largely Uninvolved As Bitcoin Price Chases $40K

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Bitcoin looks set to achieve many new all-time highs in 2021 but when will retail investors join the party? Retail Investors Are Largely Uninvolved As Bitcoin Price Chases $40K There are many investors feeling validated in the cryptocurrency market now that Bitcoin’s price has established a new all-time high of…

Bitcoin Breaches $34,000 As Rally Extends Into New Year

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Bitcoin, the world’s largest cryptocurrency, topped $34,000 just weeks after passing another major milestone. Bitcoin Breaches $34,000 As Rally Extends Into New Year The currency gained as much as 9.8% to $34,792.48, before slipping to about $33,500 as of 3:05 p.m. on Sunday in London. It advanced almost 50% in…

Social Media Interest In Bitcoin Hits All-Time High

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As Bitcoin's price soars, the cryptocurrency has broken several key Twitter metrics. Social Media Interest In Bitcoin Hits All-Time High Twitter analytics data indicates that as Bitcoin continues to post all-time highs well into the $30,000s, social media interest in the digital currency is likewise setting new records across numerous…

Bitcoin Price Quickly Climbs To $31K, Liquidating $100M Of Shorts

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Bitcoin plays shorters for fools as a surge to $30,950 liquidates a huge number of risky positions. Bitcoin Price Quickly Climbs To $31K, Liquidating $100M Of Shorts Bitcoin (BTC) passing $30,000 and hitting highs of near $31,000 has caused huge pain for traders betting on a bearish pullback. Data from…

How Massive Bitcoin Buyer Activity On Coinbase Propelled BTC Price Past $40K

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The price of Bitcoin surged past $40,000 as buyers on Coinbase aggressively accumulated BTC. How Massive Bitcoin Buyer Activity On Coinbase Propelled BTC Price Past $40K Coinbase has seen a large spike in buyer activity overnight as the price of Bitcoin (BTC) surpassed $32,500 on Jan. 2. Analysts say the trend…