Bitcoin open interest hits $8.8B as 45% of BTC options expire in 2 weeks
Over the past two months the open interest on Bitcoin options has held reasonably steady even as the figure increased by 118% to reach $8.4...
Tag : mining news
Core contributors, investors debate Yearn token mint
What started as a simple governance proposal to build a war chest for the the Yearn.finance development team has now spilled over into a wider...
Hedge fund predicts $115K Bitcoin price and the fall of ‘speculative’ altcoins
New data from Pantera Capital, an investment firm and hedge fund, suggests that Bitcoin’s (BTC) current price action is closely following the stock-to-follow model’s trajectory...
Top 5 cryptocurrencies to watch this week: BTC, LINK, UNI, XTZ, ATOM
Bitcoin (BTC) price has yet to recapture the $40,000 level and traders who were expecting a quick resumption of the uptrend may have been caught...
Secure Bitcoin self-custody: Balancing safety and ease of use
Bitcoin’s supply is capped at 21 million, but a significant proportion of that total sum is likely lost forever. This situation is due to a...
Synthetic dreams: Wrapped crypto assets gain traction amid surging market
Amid all the excitement of crypto’s biggest bull run in history, some assets have been outperforming even the current high-performing market. In particular, Synthetix (SNX)...
Traders say Bitcoin price ‘needed pullback’ to maintain bullish momentum
Bitcoin’s parabolic increase well above its previous all-time-high has many experiencing déjà vu from 2017 and a number of analysts are concerned the market is...
BTC crash, DOT crushes XRP, man risks losing $262M: Hodler’s Digest, Jan. 10–16
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and...
Ethereum competitor Near Protocol (NEAR) gains 106% as DeFi heats up
Near Protocol (NEAR) is a smart contract platform that uses parallel processing to scale the network. This technique, known as sharding, resembles what Eth2 is...
Multiple DeFi mainstays crack top 20 in long-awaited ‘Great Repricing’
Hardcore decentralized finance (DeFi) adherents woke up today to a long-awaited sight on Coingecko’s top 100 rankings by marketcap: native tokens for popular DeFi platforms...
Risk management in crypto: Aka ‘the art of not losing all your money’
Risk management is a vital element of success for any trader in any market. No matter the size of the capital you’re trading with or...
Peak fear? Bitcoin futures leverage gets reset by this week’s wild price swings
The leverage used in the Bitcoin (BTC) futures market has fallen significantly in the past several days. This indicates that traders are generally uncertain about...
Bitcoin has become nothing but the new Che Guevara T-shirt
The wonder of the universe is that it is always in motion and, because of this, that everything changes over time. So, anything can be...
Bitcoin bulls buy BTC’s $35K support retest as altcoins push higher
Calls for Bitcoin (BTC) to rally above $40,000 were dashed as the top cryptocurrency hit a wall of resistance which sparked a sell-off in the...
GBTC has a new a competitor in the OTC Bitcoin trust market
A firm called Osprey Funds is offering an over-the-counter, or OTC, Bitcoin (BTC) trust under the ticker symbol OBTC. The trust is similar to Grayscale’s...
Price analysis 1/15: BTC, ETH, XRP, DOT, ADA, LTC, BCH, LINK, XLM, BNB
Grayscale products witnessed $3.3 billion in inflows in the fourth quarter of 2020, a large jump over the $1.05 billion seen in the preceding quarter....
Here’s how institutional investors ignited Bitcoin’s rally to $40,000
From the COVID-19 pandemic to mass-scale money printing and social unrest, 2020 was a wild year. Alongside a barrage of newsworthy events, Bitcoin (BTC) also...
British financial advisor calls on the gov’t to ban crypto transactions
Neil Liversidge, a veteran financial advisor, has called on the government of the United Kingdom to ban transactions in cryptocurrencies like Bitcoin (BTC). Liversidge, the...
Gamers are still Nvidia’s masters, but Ether miners could change that
Gaming hardware giant Nvidia has addressed the ongoing shortage of its new RTX 3000 product line after high demand from gamers, and to a lesser...
Respect the Pomp: RSK’s token spikes 30% after founder appears on podcast
RIF, the utility token for smart contract network RSK, shot up over 30% in price after an appearance by its founder on the Jan. 13...
Exchanges running out of ETH with reserves plunging 27% in 48 hours
The amount of Ether held on exchanges has plunged over the past two days, with CryptoQuant data indicating that just 8.1 million ETH is currently...
Bitcoin chases new high as analyst says ‘smart money never stopped’ buying
The total cryptocurrency market capitalization is back above the $1 trillion level as Bitcoin (BTC) bulls pushed the price back to $40,000 on Jan. 14....
$13B Bitcoin futures open interest reflects traders’ strong bullish optimism
Bitcoin (BTC) price recovered by 27% just three days after testing the $31,000 support and earlier today bull recaptured the $40,000 level. This quick recovery...
Zcash (ZEC), Kusama (KSM) and Hedget (HGET) soar as Bitcoin hits $40K
The sharp correction in Bitcoin (BTC) may have shaken out many leveraged traders, but the data shows whales and institutions aggressively purchased the dip and...
Strap in: New institutions wait for Bitcoin price rollercoaster to end
As a result of the ongoing uptrend, many prominent institutions from the realm of traditional finance have sought to join the crypto bandwagon so as...
If Bitcoin doesn’t break record highs right away, it wouldn’t be the worst thing, trader posits
After its rise past $40,000, and a correction back to nearly $30,000, Bitcoin (BTC) has rebounded once again. Stalling before jumping back up past highs near...
0x (ZRX) price rallies 35% ahead of v4 mainnet update
Decentralized exchanges (DEX) are a giant leap in permissionless and transparent trading, and they exist as fantastic alternatives to centralized exchanges. While DEXs ease the...
Coinbase invests in US-based mining firm amid industry diversification efforts
Coinbase Ventures, the investment arm of the major crypto exchange, has invested an undisclosed amount into Titan, a developer of software and services targeted at...
Grammy winner Portugal. The Man launches fan token on Ethereum blockchain
Grammy Award-winning American pop-rock band “Portugal. The Man” has launched a fan-focused cryptocurrency on the Ethereum-based Rally Network. Known as PTM Coin, the new token...
Ethereum eyes new all-time high after bears unable to sink ETH below $900
Bitcoin’s (BTC) price saw a significant 28% correction during the week from $41,000 to $30,000. At the same time, Ether (ETH) also saw a drop...
Gnosis receives $2.3B Ethereum in a day, now 3rd largest ETH holder with 2.2% of supply
Decentralized finance platform Gnosis is now the third-largest holder of the Ether (ETH) coin supply. Gnosis’ multisignature storage safe received a deposit of 1,500,000 ETH on Thursday...
Cream Finance leaps into DeFi ‘corporate debt’ with Iron Bank launch
The Cream Finance project, a lending protocol that recently merged into the Yearn ecosystem, announced the upcoming launch of its Iron Bank feature, a name...
Exodus of key staff from Aragon amid philosophical differences
It’s been a rough week for the Aragon governance platform where philosophical differences have brought about a long list of resignations. Aragon co-founder Jorge Izquierdo...
The Ethereum network is being turbocharged by layer-two solutions
The number of decentralized exchanges running layer-two solutions is growing as the Ethereum network struggles to keep up with its own popularity. As excessive Ethereum...
Bitcoin price rally to $37,850 signals that bulls intend to reclaim $40K
Bitcoin (BTC) price broke through the $35,000 resistance and appears to be stepping into a new range that would see the price trade between $38,000...
DEX and interoperability upgrades show TomoChain (TOMO) wants DeFi dominance
The cryptocurrency market started the year in full force and with all the bullish breakouts happening it can be difficult to discern which projects are...
Price analysis 1/13: BTC, ETH, XRP, LTC, ADA, BCH, DOT, XLM, LINK, BNB
The top 100 richest Bitcoin (BTC) addresses have added 334,000 Bitcoin to their existing holdings over the past 30 days, a clear signal that whales...
Bitcoin price stuck at $32K–$35K: Likely outcomes of BTC ‘flush’ drop
In the short term, the crucial technical resistance level is $35,500. Throughout the past 24 hours, Bitcoin has continuously rejected at that level. When Bitcoin...
3 key reasons why the DeFi sector is booming again
Data from Messari shows that over the past 30 days, the majority of tokens listed on the site’s DeFi Assets index have rallied by more...
Yearn proposes “buyback and build” strategy for YFI holders
The Yearn.finance community is introducing a proposal to reform the current token economics of YFI. Popularly called “buyback and build,” the proposal aims to bolster...
Another $1 billion wipeout: Why is Bitcoin seeing extreme price moves?
Nearly $1 billion worth of Bitcoin (BTC) futures contracts were liquidated on Jan. 13, a day after the big shakeout. The continuous loop of liquidations...
Four cryptocurrency block reward halvings to look out for in 2021
Block reward halvings cut the rate at which new coins are generated on a given blockchain by 50%. Such events, known jokingly as “halvenings,” have...
‘Drive your lambos to the moon,’ says Lindsay Lohan in crypto promotion video
The crypto bull season, and the accompanying hype, is undoubtedly upon us. Recalling some of the celebrities who got in on crypto during the historic...
Bitcoin has actually only taken 2% of gold market cap, new data suggests
Bitcoin (BTC) has much further to go to suck away even 10% of gold’s market cap than old data claims, a popular indicator reveals. Highlighting...
Altcoins move higher while Bitcoin price finds resistance near $35,000
On Jan. 12 Bitcoin (BTC) price rebounded slightly as the price attempted to re-enter the $37,000 range but at the time of writing increased selling...
Trader comforts the market’s traumatized first timers amid falling prices
Known for its volatility, Bitcoin (BTC) recently fell more than $11,000 over a four-day period after weeks of soaring price action. Amid a fresh bull...
3 Bitcoin price indicators prove pro traders are still bullish on BTC
This week’s $11,000 drop occurred in just 32 hours and this definitely an important milestone for Bitcoin (BTC) price. Many mainstream media outlets perceived the...
Here’s why IOST, Horizen (ZEN) and Avalanche (AVAX) surged as Bitcoin crashed
Bitcoin’s (BTC) recent plunge could have been caused due to profit-booking by institutional investors, according to a report by crypto fund manager CoinShares. The report...
Goldman Sachs says Bitcoin is on the path to maturity
In an interview with CNBC, Currie said Bitcoin’s remarkable run has attracted greater institutional interest, but noted that smart-money investors are still a tiny fraction...
Underhyped? Bitcoin sentiment lags despite bull run
Since its drop below $4,000 in March 2020, Bitcoin (BTC) has ridden a bullish trend all the way past its 2017 all-time high, recently hitting...
Synthetix (SNX), Compound (COMP) and Maker (MKR) soar as Bitcoin stabilizes
On Jan. 11, Bitcoin saw a steep correction as it dropped to around $30,500. It began to recover swiftly after the initial correction, rallying above...
Bitcoin’s 20% rebound in one day is one of its biggest ever — But there’s a catch
The price of Bitcoin (BTC) rose 20% on Jan. 12, from $30,500 to around $36,600, across major exchanges. But while the rebound after the correction has...
DeFi coverage protocol expands protection against centralized exchange hacks
Decentralized finance coverage protocol Nexus Mutual has expanded the list of centralized exchanges eligible for incident protection. Users trading on Binance, Kraken, Coinbase and Gemini...
Analysts say Bitcoin price drop to $30K was ‘healthy and necessary’
The euphoria in the cryptocurrency market was quelled on Jan.11 as the majority of altcoins saw their prices decline by more than 20% as Bitcoin...
Profit taking? Institutional crypto fund inflows drop 97% in three weeks
Capital inflows into crypto funds and investment products plummeted during the first week of January after posting new all-time highs in late-December. According to crypto...
Hold your horses! $9K Bitcoin price drop not a trend change, data says
After Bitcoin (BTC) price flirted with a $42,000 all-time high on Jan. 8, it stabilized in a tightening range between $39,000 to $41,500 for two...
Bitcoin’s recent correction could be retail-driven, Nexo CEO speculates
The price of Bitcoin (BTC) has dropped substantially since Jan. 8, totalling a decline of more than $10,000 at time of publication. Retail investors could...
Price analysis 1/11: BTC, ETH, XRP, LTC, BCH, ADA, DOT, LINK, BNB, XLM
After an incredible run-up to nearly $42,000, Bitcoin (BTC) price finally entered a significant correction, and at the time of writing the price is down...
Mark Cuban says crypto is ‘exactly like the internet stock bubble’
Billionaire entrepreneur Mark Cuban says the cryptocurrency market is “exactly” like the dot-com bubble of the late-1990s and early 2000s. His statement seems to signal...
Ethereum price tumbles to $915, but traders are bullish for 4 key reasons
The past week has been an emotional rollercoaster for Ether (ETH) traders, as there were seven four-hour candles of a 10% or larger price movement. ...
Speed vs quality? Ethereum 2.0 optimism is high, but the road is long
Ethereum has consistently followed a roadmap for its continual evolution to a proof-of-stake consensus protocol, and 2020 saw the groundwork for Ethereum 2.0 soundly laid....
Aragon merges with Vocdoni to improve governance for DAOs
Aragon, a platform specializing in managing decentralized autonomous organizations, announced a merger with the Vocdoni protocol, a blockchain voting and governance solution provider. Unlike the...
Ethereum layer-two network to offer batched Tether payments
Popular stablecoin Tether (USDT) is the first token to go live on the Hermez layer-two network, the company announced on Monday. As part of the...
Solana (SOL) trading volume soars as DeFi seeks Ethereum alternatives
2021 got off to a quick start and the current crypto bull market has seen assets like Bitcoin (BTC) and Ether (ETH) shoot to new...
‘Wen $DIGG?’ Badger DAO preps for hotly anticipated synthetic BTC launch
The launch of Badger DAO’s DIGG, a synthetic rebasing asset meant to track the price of Bitcoin, is one of the most eagerly anticipated product...
Top 5 cryptocurrencies to watch this week: BTC, ADA, EOS, THETA, AAVE
During an interview with Bloomberg, Grayscale CEO Michael Sonnenshein said that in addition to hedge funds, pension funds and endowments had also started investing in...
Key Bitcoin price metric signals BTC may be near a local top
According to data from CryptoQuant, miners appear to be selling large amounts of Bitcoin (BTC). Historically, heightened selling pressure from miners marked a local top...
Dash price explodes 100%, BCH breaks out as Bitcoin cools off below $40K
Bitcoin (BTC) price has once again dropped below the $40,000 level on Jan. 10 after crisscrossing it for the past three days as the spotlight...
Regulators dial up the heat: Dash, ZEC and Monero reach boiling point?
On New Year’s Day, the U.S.-based crypto exchange Bittrex announced via Twitter that it was delisting three leading privacy coins: Monero (XMR), Zcash (ZEC) and...
Proposal seeks to overhaul Aave’s $375 million Safety Module
In a largely celebratory community call devoted in part to commemorating lending protocol Aave’s January 8th “Aaveversary” — a full year of Aave on Ethereum...
THORChain (RUNE) rallies 35% as the entire DeFi sector turns bullish
In the past week, a large number of altcoins have broken from their sideways ranges to post double-digit gains and it appears that investors are...
Traders flock into altcoins as Bitcoin price trades sideways
The bullish momentum seen throughout the week has spilled over into the weekend as the majority of the top-100 tokens listed on CoinMarketCap are posting...
Bitcoin’s rollercoaster ride, Ether shines, XRP mystery: Hodler’s Digest, Jan. 3–9
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and...
Experts: Gold outflows are pushing Bitcoin higher
According to multiple experts, one possible reason for Bitcoin’s remarkable recent price rise are massive investor outflows from another popular inflation hedge: gold. Spot gold...
Another $84M deposit begs the question: Why are Bitcoin whales in Korea selling?
Bitcoin (BTC) whales in South Korea have been selling heavily across major exchanges throughout the past week. Data shows that multiple $100 million deposits to...
As Biden preps $3T stimulus, Bitcoin could be set to erupt
The incoming Biden administration’s plan to flood the U.S. economy with trillions of dollars could ignite the next leg of the Bitcoin (BTC) bull market,...
Bitcoin turning 12: From the Genesis block to Wall Street adoption
Satoshi Nakamoto, the unknown Bitcoin creator, released the first client network on this day 12 years ago, officially kickstarting what is perhaps the greatest monetary...
Brace for impact? After hitting $42K, Bitcoin price volatility may rise
The price of Bitcoin (BTC) achieved a new all-time high above $42,000 on Jan. 8, surging by 9% in merely three hours. At the time,...
Bitcoin price volatility spikes as BTC whales sell each new high
Bitcoin price has re-established the $40,000 level as support but as bull push toward a new all-time high the possibility of another sharp sell-off looms....
Chamath Palihapitiya sees Bitcoin as insurance against uncertainty
Bitcoin’s (BTC) price has risen dramatically over the past days and weeks, recently wheeling past $40,000. An asset largely untied to governmental authority, Bitcoin is...
Altcoins sell-off as traders jostle to hold Bitcoin price above $40K
Altcoin’s recent gains have come under pressure as Bitcoin (BTC) price dropped to retest lower support levels after reaching a new all-time high at $41,940. ...
When is Bitcoin’s macro top? Industry player speculates
Bitcoin’s (BTC) price momentum recently pushed the asset to almost $42,000 per coin. It has more than doubled in price over the past two months,...
Price analysis 1/8: BTC, ETH, XRP, LTC, ADA, DOT, BCH, XLM, LINK, BNB
Bitcoin (BTC) again rose to a new all-time high on Friday as bulls continued to buy on every minor dip. As the price reached a...
DeFi integration and layer-2 tech back Matic Network’s (MATIC) 92% rally
The exponential growth of the decentralized finance sector increased activity on the Ethereum blockchain, and this has resulted in slow transaction times and incredibly high...
Warp Finance adds Chainlink oracles to protect against flash loans
Warp Finance, a DeFi lending protocol that suffered an $8 million flash loan exploit shortly after release, is now gearing up for a relaunch that...
The rise of crypto: Bitcoin sets landmarks but alts can go independent
On Dec. 8, exactly one month ago, Bitcoin was hovering around the $18,700 range, with many analysts debating as to whether the flagship asset would...
Google searches for ‘Ethereum’ hit all-time high
More people are searching for the word “Ethereum” now than ever before in its history. Google Trends data reveals that the number of Google searches currently...
Finally, a good reason to sell Bitcoin: Hodler liquidates to pay off parents’ mortgage
Reddit’s r/Bitcoin community continues to pull on our heartstrings. On Thursday, a user by the name of “u/Bigtony96” claimed to have sold their entire Bitcoin...
Altcoins and stocks move higher after Bitcoin price rally to $40,000
The price of Bitcoin (BTC) hit a new all-time high above $40,000 on Jan. 7 after the price increased by more than $5,000 in less...
What type of situation, if any, could crash Bitcoin? VC firm partner speculates
During the market downturn in March 2020, Bitcoin (BTC) fell over 50% in value across a two-day period. Traditional financial markets also dropped vastly in...
Bullish crypto events of 2020 that will drive historic adoption
The year gone by had many ups and even more downs, mainly due to the global outbreak of a devastating virus that has crippled nations...
Investors can now trade Bitcoin futures without an expiry date
Equos, a Singapore-based digital currency exchange operated by Diginex, has announced the launch of a new Bitcoin (BTC) futures product without any settlement dates, marking...
Wrapped Monero launches as exchanges crack down on privacy coins
Crypto custodian BTSE has launched an ERC-20 token that represents Monero (XMR) on the Ethereum blockchain, giving investors new exposure to the privacy-centric coin. Represented...
Bitcoin price hits $40,000 less than three weeks after shattering $20K
Bitcoin (BTC) hit $40,000 on Jan. 7 in the latest psychologically significant milestone for cryptocurrency bulls. BTC price crushes the $30,000 corridor in record time...
Warp speed to $2,000? Watch these levels as Ethereum nears all-time high
Bitcoin (BTC) is currently approaching $40,000 after seeing massive gains in the first seven days of 2021. This is a 100% move up from the...
Rapper HiiiKey confirms YouTube channel hack, fake crypto giveaway steals $70K
The young artist, Keyshawn Butler, confirmed on his Instagram page that his YouTube page had been hacked on 7 January, although he seemed unaware what...
Ethereum bursts into list of top 100 assets in the world by market cap
A 13% rise in the price of ETH over the past 24 hours has propelled Ethereum onto a list of the top 100 traded assets...
ETH en route to overtake its 2018 ATH as Bitcoin breaks $37K
Bullish fervor surrounding Ethereum (ETH) intensified on Wednesday, as the second-largest cryptocurrency broke above $1,200 for the first time in three years. The gains were...