Category: Markets
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Crypto Long & Short: Traditional and Crypto Markets are Starting to Converge
The latest OCC statement, which opens the door for banks to use blockchains to validate payments, hints at more than just better services.
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Top 5 cryptocurrencies to watch this week: BTC, ADA, EOS, THETA, AAVE
Altcoins rallied strongly over the past week, but Bitcoin’s current consolidation could be a sign that the trend may reverse soon.
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THORChain (RUNE) rallies 35% as the entire DeFi sector turns bullish
Successful cross-chain integrations, a thriving community and renewed interest in DeFi projects back THORChain’s current rally.
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Traders flock into altcoins as Bitcoin price trades sideways
Altcoins are surging higher as Bitcoin price consolidates and the prospect of a $3 trillion economic stimulus package sparks confidence in crypto investors.
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Bitcoin Miners Saw 33% Revenue Increase in December
Miners earned an estimated $692 million last month.
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Wrapped Bitcoin ‘Burns’ Outpaced Minting for the First Time in December
BitGo “unwrapped” over 11,600 WBTC last month.
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Long-Desired Bitcoin ETF Could Actually Hurt Price in Short Term: JPMorgan
An ETF could draw institutional money from the Grayscale Bitcoin Trust, a support for the price of the cryptocurrency, the report said.
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Bitcoin Mining Difficulty Hits Record High Amid Miner Revenue Surge
Mining difficulty passed 20 trillion Saturday morning.
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eToro Seeks to Deter New Traders in Sign of Surging Retail Demand for Crypto
The platform, which mainly caters to “social” or beginner traders, raised its required deposit level to $1,000 from $200.
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Morgan Stanley Boosts Stake in Bitcoin-Laden MicroStrategy to 10.9%
Morgan Stanley now owns 792,627 shares in the company best known for using its treasury funds to load up on bitcoin.