Tags : Lead

Bitcoin

Bitcoin pumps $1,000, large-caps Cardano, Ethereum follow lead

Cardano, Dogecoin, XRP fall 10% while key Bitcoin metric flashes a favourable sign Many traders fear that the bear market might officially be here after dropping more than 50% from all-time highs on average.  Several large-cap decentralized finance (DeFi) tokens, such as Badger, ThorChain, Alpha Finance, and others, have now fallen up to 85% from […]Read More

Bitcoin

Europe and U.S. may soon take the lead in Bitcoin

Jiang Zhuoer, the operator of major Chinese mining pool Lebit Mining, argued that the latest crackdown on crypto in the country would likely lead to miners relocating their activity to Europe and the U.S., as pointed out by journalist Colin Wu. “The worst case may be that large-scale mines are closed, and China’s Bitcoin mining […]Read More

Market

Tesla’s Bitcoin Buy May Lead to Widespread Corporate Adoption –

Wedbush Securities, a Los Angeles-based privately held investment firm, foresees the corporate world emulating the U.S. electric car maker Tesla’s decision to buy bitcoin, just not this year.  In a note on Monday, Wedbush analysts called Tesla’s bitcoin investment a “game-changer” for the top cryptocurrency and blockchain technology, adding that it could pave the way […]Read More

Market

Bitcoin Tops $46K for First Time as Market Bets Others

The price of bitcoin blew through $46,000 for the first time ever like a light saber through cotton candy as Tesla’s announcement earlier Monday that it had bought $1.5 billion of the leading cryptocurrency added jet fuel to its record run. UPDATE (Feb. 8, 23:35 UTC): Updates to add bitcoin passed $46k for the first […]Read More

Cryptocurrency

Ethereum (finally) takes the lead with a 25% rally as

While Ethereum appreciated over December, the leading altcoin has largely underperformed Bitcoin. On days when BTC rallied 5-8 percent in a single day in December, Ethereum was sometimes flat, consolidating around key support levels as capital was focused on Bitcoin. Many attribute this to the institutional support for the crypto market, which aggregates in Bitcoin […]Read More