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Bitcoin and Ethereum Hold Key Support, Altcoins Surge
8.2.2021
Bitcoin price started a downside correction from well above USD 40,000. BTC declined below the USD 39,200 support level, but it was well bid above USD 37,500. It is currently (05:00 UTC) trading above USD 38,000, but it is facing hurdles near USD 39,200.
Similarly, ethereum corrected more than...
Surge in Bitcoin energy consumption sparks debate in crypto community
5.2.2021
Bitcoin energy consumption has been at its highest historical levels since late 2020, according to Digiconomist’s Bitcoin Energy Consumption Index
ETH price surge could cause ‘gamma squeeze’ as bull market heats up: Delta Exchange exec
4.2.2021
Delta Exchange, a crypto derivatives platform, says many options traders didn’t expect Ethereum’s price to rise so quickly. Now, they’re sitting on huge unrealized losses
Crypto Markets Surge, ETH Price Rallies, Bitcoin’s Tight Range Indicates Big Move Ahead
3.2.2021
Digital currency markets have been on the move northbound on Wednesday as bitcoin and numerous crypto assets have seen decent gains. The entire crypto-economy has once again crossed the $1 trillion mark as a myriad of digital currencies jumped anywhere between 5-20% in value during the last...
Robinhood Raises $3.4B Amid Growth Surge
1.2.2021
The round is the stock trading app's largest raise ever
XRP Displaces Polkadot Token After Price Soars 100% in 48 Hours
1.2.2021
In a surge reminiscent of dogecoin’s recent rally, the value of the XRP token soared by more than 100% in just 48 hours. After starting the day at $0.29 on January 30, data shows that the token peaking at just above $0.67. At the time of writing, XRP is trading at around $0.66  ...
DOGE price surge: The power of memes and social media on full display
29.1.2021
Dogecoin, the quintessential meme crypto, is being pulled on a leash by yet another social media-driven hype
Reddit co-founder hoists the Bitcoin flag on Twitter amid price surge
29.1.2021
Alexis Ohanian is the latest social media and tech personality to update his Twitter bio to read “#Bitcoin.”
Elon Musk-Prompted Bitcoin Price Surge Causes Liquidation of $387M in Shorts
29.1.2021
The shorts were liquidated after Elon Musk added "Bitcoin" to his Twitter bio and prices rose by over 15%
Robinhood CEO: We Weren’t ‘Forced’ to Limit Stock Buying Amid Reddit-Driven Surge
29.1.2021
Robinhood's CEO said the platform's decision to halt buy orders on GME, NOK and AMC was based on a "technical and operational" one, not outside pressure
Bitcoin Donations to Navalny Surge After Russian Opposition Leader Is Jailed
25.1.2021
Putin's opponent received 3.7 bitcoin in the last week, tripling the amount raised in the first two weeks of 2021
Bitcoin-Loving Nasdaq Companies Surge On Multimillion BTC Deals
25.1.2021
After US-based business intelligence company MicroStrategy (MSTR) revealed its relatively small USD 10m bitcoin (BTC) deal last Friday, Marathon Patent Group (MARA), another Nasdaq-listed entity, said it purchased BTC 4,812.66 for an aggregate purchase price of USD 150m. Shares of both companies...
DeFi surge, rising TVL and new partnerships underpin Ren’s 100% rally
23.1.2021
The DeFi boom and search for projects offering interoperability recently sent Ren’s price and total value locked to new all-time highs
Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion
19.1.2021
Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January 7, 2021. Moreover, the aggregate open interest in bitcoin futures is steadily nearing all-time highs. While cryptocurrency spot markets have...
Bitcoin Struggles While Many Altcoins Continue To Surge
18.1.2021
Bitcoin price struggled to settle above the USD 38,000 resistance and started a fresh decline. BTC broke the USD 37,200 support and it is currently (05:00 UTC) trading well below USD 36,500. If there is a clear close below USD 34,200, the price might decline 5%-8% in the near term.
On the other...
Etoro Warns Customers to Brace for Suspension of Crypto Buy Orders due to an ‘Unprecedented Demand’
15.1.2021
Etoro, a trading and investing platform, has warned its customers to brace for possible limitations on their buy orders this coming weekend. The company says it might be forced to take this and other steps if the anticipated and unprecedented surge in demand for cryptos occurs. Unprecedented Demand...
Bitcoin and Altcoins Start Fresh Surge, DOT Outperforms
14.1.2021
Bitcoin price started a fresh increase after forming a base above USD 32,400 and USD 33,200. BTC gained strength above USD 35,000 and it was able to clear a major hurdle at USD 36,000. It is currently (05:00 UTC) trading above USD 37,000 and it seems like there are chances of more...
Crypto Industry’s Favorite Messaging App Telegram Surpasses 500 Million Active Users
13.1.2021
Telegram, a popular messaging app within the cryptocurrency space, surpassed 500 million monthly active users during the first week of January, according to Telegram chief executive officer Pavel Durov. In the last 72 hours, said Durov, the app has seen a massive surge in new users, with...
Bitcoin Options Volume on Deribit Already 25% of 2020 Total
12.1.2021
$14.5 billion in bitcoin options have traded on Deribit in the first two weeks of 2021
EToro slammed for short-notice halt to BTC margin trading amid ATH price surge
12.1.2021
eToro is taking heat after calling in margin trades at the peak of Bitcoin’s record rally