Markets | Amazing Crypto

Spike in DeFi lending pushes Compound (COMP) price to a new high at $570

New entrants to the DeFi sector and established traders looking to borrow funds have pushed the price of Compound (COMP) to a new all-time high.

February 12, 2021

Market Wrap: Ether Sets New Highs as Bitcoin Stays Below $49K

Despite choppy price action, news over the past few days has been extraordinarily bullish for the leading cryptocurrency.

February 12, 2021

Price analysis 2/12: BTC, ETH, ADA, XRP, DOT, BNB, LTC, LINK, XLM, BCH

Altcoins are soaring to new highs while Bitcoin price trades in a sideways range near the $47,000 support.

February 12, 2021

Stablecoin adoption and pivot to DeFi drive Algorand (ALGO) price higher

Algorand rallied to a multi-year high after the network emerged as a possible choice for central bank digital currencies and the team revealed its DeFi plans.

February 12, 2021

Canadian Securities Regulators Approve North America’s First Bitcoin ETF

Canadian securities regulators have approved the world’s first “direct-custody” bitcoin exchange-traded fund (ETF) to be launched by Purpose Investment, according to a press release shared with Bitcoin Magazine. While this is the world’s first investment vehicle calling itself a bitcoin ETF, there are already some European investment products that are physically-backed by bitcoin and work…

February 12, 2021

BlockFi Boosted Grayscale Bitcoin Trust Holdings by 11.9M Shares, Now Holds $1.7B GBTC

The disclosure comes as BlockFi prepares to launch a competitor bitcoin trust product.

February 12, 2021

First Mover: A Bullish ($1 Million) Bitcoin Forecast as Year of Ox Begins

ByteTree’s Charlie Morris shows how bitcoin’s price gets to $1 million by 2032. PLUS: JPMorgan hounded by own traders over absence in bitcoin market.

February 12, 2021

Bitcoin Starting to Lead FX Markets, Analysis of Tesla Reaction Shows: Report

EUR/USD, the most liquid currency pair globally, tracked bitcoin higher following the Tesla news.

February 12, 2021

Wall Street Embrace of Crypto Grows Closer as Employees Argue on Its Behalf: CNBC

On a Zoom call with traders in January, co-President Daniel Pinto suggested he was open-minded about bitcoin.

February 12, 2021

Bitcoin ‘supercycle’ may emerge in 2021 as Fed balance sheet hits new record high

Indicators point to the moon as an ailing macro economy provides a mass influx of retail investors into Bitcoin.

February 12, 2021

Category: Markets