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Bitcoin News Roundup for Jan. 7, 2021

7.1.2021
With the price of bitcoin up another $2K and the cryptocurrency sector now valued at more than a trillion dollars, CoinDesk’s Market’s Daily is back with the latest crypto news roundup

Coinbase Suffers ‘Connectivity Issues’ Again as Bitcoin Hits Another Record

7.1.2021
Bitcoin suffered the same issues yesterday, which lasted six hours

Bitcoin Miner Bitfarms Closes $15M Brokered Private Placement

7.1.2021
Bitfarms announced the placement Sunday

First Mover: $1 Trillion of Cryptocurrencies Shows Booming ‘Asset Class’

7.1.2021
It took just a few months for cryptocurrencies to double to $1 trillion. That compares with eight years for U.S. junk loans

XRP Climbs Back up Crypto Rankings With Near 50% Rise

7.1.2021
With the sudden rise, XRP has replaced litecoin as the fourth-largest cryptocurrency by market cap

Bitcoin Price Leaps Over $38,600- Analyst Says BTC’s Parabolic Move ‘Highly Abnormal’

7.1.2021
Digital currency markets continue to see strong gains, as the overall market valuation of the crypto economy has jumped $32 billion over the $1 trillion market cap after hitting the record number for the first time. Moreover, the price of bitcoin touched yet another all-time high on Thursday...

XRP price soars 55% to 'crucial' level as Bitcoin notches new high at $38.5K

7.1.2021
A sudden reversal of fortunes takes XRP 55% higher in 24 hours despite legal problems at Ripple persisting

Novogratz predicts young people will buy Bitcoin with their stimulus checks

7.1.2021
Mike Novogratz claims that many people bought Bitcoin after the last round of federal stimulus checks, and thinks they're likely to again

JPMorgan Predicts $146K Bitcoin Price as Competition With Gold Escalates

7.1.2021
JPMorgan’s analysts have made a case that bitcoin’s price could reach $146,000 as the cryptocurrency’s competition with gold heats up. Meanwhile, the firm’s global strategist sees the current bitcoin bull run as being similar to the bull run of 2017. He warns of three risks...

Bitcoin Tops $38K for First Time, a Day After Racing Past $36K, $37K

7.1.2021
The leading cryptocurrency hit a new-all time high of $38,286.65, before settling down to $36,004.99, up 5.93% over the last 24 hours

CME Becomes Biggest Bitcoin Futures Exchange as Institutional Interest Rises

7.1.2021
Chicago Mercantile Exchange now tops the list of the biggest bitcoin futures trading platforms, accounting for nearly 20% of all open interest

Bitcoin NVT ratio suggests BTC may see another 'explosive move' as search interest spikes

7.1.2021
The popular metric suggests the Bitcoin bull run is beginning, not ending, according to a report from Stack Funds

Record Expected Ether-Bitcoin Volatility Points to Altcoin Season Ahead: Analyst

7.1.2021
Peaking implied volatility spreads suggest the emphasis in the markets will shift to ether and other alternative currencies in the short term

FiCAS’ Actively Managed Crypto ETP Gets Green Light for European Expansion

7.1.2021
The first actively managed crypto ETP, the BTCA was launched in Switzerland last July

Ethereum bursts into list of top 100 assets in the world by market cap

7.1.2021
Ethereum’s recent gains saw it join Bitcoin on an exclusive list among the world’s biggest movers and shakers

Bitcoin Price Touches the $37K Zone, Crypto Economy’s Market Cap Hits $1 Trillion

7.1.2021
The price of bitcoin smashed through the last all-time high again jumping above the $37k zone to $37,400 per coin. The crypto asset’s market valuation is around $689 billion at the time of publication, as it has seen $26 billion in trade volume worldwide. Moreover, the entire crypto-economy...