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Shares of cryptocurrency mining firm Hut 8 Mining Corp. (TSX:HUT) surged 32 percent with unusually high trading volume on the Toronto Stock Exchange Friday. The huge, surprising bounce for the stock arrives after the firm warned earlier in April that…
There has been an increase in the number of stablecoins issued over the past month, mainly on the Ethereum network. That popularity may also be lifting ether on Thursday. Ether (ETH) prices have climbed 8.4 percent over the last 24…
Bitcoin slid Monday to its lowest point in the past seven days, with traders saying bearish signals are appearing after the cryptocurrency’s 30 percent rebound from a market bottom in mid-March. After recovering from the depths of the coronavirus-induced sell-off,…
Bitcoin and ether climbed modestly late Wednesday as lighter crypto derivatives volumes signaled uncharacteristic caution among the market’s traders. Over the past 24 hours, bitcoin (BTC) was up 2.8 percent Wednesday afternoon New York time and ether (ETH) was in…
Bitcoin and ether are trending down as traditional markets closed in the red Wednesday. On a 24-hour basis, bitcoin (BTC) was in the red 4 percent Wednesday afternoon Eastern time and ether (ETH) was down 3 percent. Most other cryptocurrencies…
Bitcoin ended the first quarter of 2020 down from the start of the year, but not as badly as the record-setting losses suffered by global equities. On a 24-hour basis, bitcoin (BTC) was in the green less than a percent…
How would a bitcoin economy react to coronavirus? For now, we don’t know. However, we can turn to a proxy for insight: gold. Bitcoin’s “digital gold” narrative has stuck well, namely because of the cryptocurrency’s low issuance supply schedule and…
The best Sundays are for long reads and deep conversations. From Boeing to bitcoin in this week’s discussion we’re talking about our disrupted reality, the politically expedient path forward, why it almost certainly won’t work, the alternatives to it, what…
Osho Jha is an investor, data scientist, and tech company executive who enjoys finding and analyzing unique data sets for investing in both public and private markets. The week of March 9 was a ride regardless of what market you…
As institutions unload bitcoin (BTC) along with stocks as part of the coronavirus-driven global sell-off, cryptocurrency’s traditional base – retail investors – is doing most of the buying, market participants said. And while pricing screens may still be flashing red,…
