Category: Bitcoin

As Ether (ETH) passed $4,000 and multiple altcoins saw their own all-time highs on Monday, data shows that there is still more buying appetite to come. Traders prepare to sink funds into crypto A trading frenzy is gripping altcoins, while Bitcoin (BTC) continues to consolidate, showing signs that it is ready to tackle $60,000 resistance. While

Widely-followed on-chain analyst Willy Woo says that the current Bitcoin bull cycle is unique based on the unprecedented amount of coins moving from weak hands to strong hands. In a new tweetstorm, Woo presents data showing that BTC is being accumulated by long-term holders at a significantly higher rate than in any other bull market.

Ninepoint Partners LP, one of Canada’s Bitcoin (BTC) exchange-traded fund issuers, has announced plans to offset the carbon footprint of its BTC ETF product. According to a release issued on Monday, Ninepoint has inked a partnership with carbon offsetting service provider CarbonX. As part of the partnership, Ninepoint will dedicate an undisclosed portion of its

Global public interest in Dogecoin (DOGE), as measured by internet search statistics, has exceeded that of Bitcoin (BTC) for the first time. According to data from Google Trends, values assigned to each cryptocurrency for May 2–8 stand at 56/100 points for DOGE versus 48/100 for BTC.  As the chart below shows, search interest in DOGE

Morgan Creek Capital Management founder and CEO believes Bitcoin’s next market cycle could see the asset rival gold by market capitalization and trading for more than $200,000. While appearing on CNBC’s Trading Nation on May 9, Mark Yusko compared the rapid adoption of Bitcoin to the growth of FAANG companies — Facebook, Apple, Amazon, Netflix,

During an interview with Bloomberg TV on May 3, Binance CEO Changpeng Zhao suggested that Bitcoin (BTC) “is probably less volatile” than the stock prices of Apple (AAPL) and Tesla (TSLA). Zhao argued that crypto’s volatility was not unlike the stock market, adding: that “volatility is everywhere” and that “it is not unique to crypto.”

The chief financial officer of Bridgewater Associates, the world’s largest hedge fund, is leaving to join a Bitcoin-focused firm.  In a statement released on Friday, New York Digital Investment Group (NYDIG) announced the appointment of John Dalby as its new CFO.  NYDIG, the Bitcoin subsidiary of $10-billion alternative asset manager Stone Ridge, provides BTC custody,

Popular crypto analyst and the host of Coin Bureau is claiming that crypto has the power to rectify some of the havoc the traditional financial industry has wreaked on the environment. The pseudonymous trader, who uses the moniker Guy, tells his 851,000 YouTube subscribers that, contrary to media speculation, crypto can actually have a positive

Since 2013 the Grayscale Bitcoin Trust Fund (GBTC) has offered its investors exposure to Bitcoin (BTC) through a publicly quoted private instrument. However, the trust’s convertibility and liquidity vastly differ from an Exchange Traded Fund (ETF). Trusts are structured as companies, at least in regulatory form, and are ‘closed-end funds’ which can initially only be

The chief executive of crypto intelligence firm CryptoQuant believes that a wall of money will likely enter the crypto markets as soon as a US exchange traded fund (ETF) is approved. In a new tweet, Ki Young Ju tells his 156,000 followers that he sees global FOMO (fear of missing out) happening once the US