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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 $58K

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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 $58K 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…

FinCEN Wants US Citizens To Disclose Offshore Crypto Holdings of $10K+

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The Financial Crimes Enforcement Network (FinCEN), the U.S. Treasury Department wing tasked with monitoring potential legal violations of domestic financial laws, wants Americans to report if they have more than $10,000 in cryptocurrencies with foreign financial or virtual asset service providers. FinCEN Wants US Citizens To Disclose Offshore Crypto Holdings…

Governments Will Start To Hodl Bitcoin In 2021

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Reflecting on 2020, I struggle to think of another year in recent decades with both so many all-time highs and all-time lows. Governments Will Start To Hodl Bitcoin In 2021 From the COVID-19 pandemic raging across the global population to record-setting wildfires in the western United States to numerous other…

Crypto-Linked Stocks Extend Rally That Produced 400% Gains

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Cryptocurrency-linked stocks rose Wednesday as Bitcoin headed for its biggest monthly gain since 2019, extending a rally that’s seen some companies’ shares more than quintuple since the end of October. Crypto-Linked Stocks Extend Rally That Produced 400% Gains Marathon Patent Group Inc., which has soared 444% over the past two…

‘Bitcoin Liquidity Crisis’ — BTC Is Becoming Harder To Buy On Exchanges, Data Shows

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Bitcoin liquidity is declining, data from Glassnode shows, which could propel BTC price even higher. 'Bitcoin Liquidity Crisis' — BTC Is Becoming Harder To Buy On Exchanges, Data Shows Bitcoin is becoming more difficult to buy, according to analysts at Glassnode. The amount of BTC received and spent among entities…

Bitcoin Looks To Gain Traction In Payments

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PayPal’s decision to allow customers to buy and sell bitcoin could be a major step toward the mainstream. Bitcoin Looks To Gain Traction In Payments Vegas Auto Gallery, a luxury auto dealership in Las Vegas, has become a playground for wealthy bitcoin investors who want to cash in. Related: Ultimate…

Cryptocurrency Is Not Necessarily The Future

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Crypto Assets Can Be Either Useful Hedges Or Useful Forms Of Payment — But Not Both. Cryptocurrency Is Not Necessarily The Future As Bitcoin soared to above $28,000 over the weekend, talk resumed about the promising and dramatic future of cryptocurrency. The chief global strategist of Morgan Stanley Investment Management…