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Category: Bitcoin

Bitcoin

Market Wrap: Bitcoin Briefly Slides Below $18K as ETH Is More Volatile Than BTC in 2020

December 10, 2020 Leo HenryBitcoin, Bitcoin Cash, Bitcoin News

Weak volumes and rotations into other cryptocurrencies are likely impeding bitcoin’s price movement from going higher. Meanwhile, ether has been more volatile than bitcoin in 2020 and could remain that way. Bitcoin (BTC) trading around $18,349 as of 21:00 UTC…

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Market Wrap: Bitcoin Steadies at $18.7K; Big Ether Options Position Around $1,120 Isn’t Bullish

December 8, 2020 Leo HenryBitcoin, Bitcoin News

Volume doldrums and December sluggishness caused bitcoin to slip steadily below $19,000; ether options above spot are highest at $1,120 strike price. Bitcoin (BTC) trading around $18,705 as of 21:00 UTC (4 p.m. ET). Slipping 1.7% over the previous 24…

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Market Wrap: Bitcoin Briefly Slips Below $19,000; ETH Locked in DeFi Crosses Over 7M

December 7, 2020 Leo HenryBitcoin, Bitcoin News

“Weak longs” might be causing the price to slip in the bitcoin market but ether locked in DeFi is back on the upswing. Bitcoin (BTC) trading around $19,067 as of 21:00 UTC (4 p.m. ET). Slipping 0.68% over the previous…

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Crypto Long & Short: Why Some Investors Get Bitcoin So Wrong, and What That Says About Its Strengths

December 6, 2020 Leo HenryBitcoin, Bitcoin Cash, Bitcoin News

It is frustrating. But at the same time, interesting. Over the past couple of weeks, I’ve heard two well-respected investment managers say that they don’t believe in bitcoin’s supply limit. If it’s easy to spin up another Bitcoin, they claim,…

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Market Wrap: Bitcoin Lingers Around $19.4K While ETH/BTC Pairing Hits Bull Mode

December 3, 2020 Leo HenryBitcoin, Bitcoin News

The price of bitcoin is trending up in a low-volume environment. Meanwhile, some rebalancing from bitcoin into ether has been occurring on exchanges since late November. Bitcoin (BTC) trading around $19,363 as of 21:00 UTC (4 p.m. ET). Gaining 1.4%…

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Privacy Concerns Over Bitcoin Upgrade Taproot Are a ‘Non-Issue,’ Experts Say

December 1, 2020 Leo HenryBitcoin, Bitcoin News

Bitcoin privacy experts are far from impressed with a recently circling slideshow-style privacy report that puts Taproot, a likely upcoming upgrade to Bitcoin, in the crosshairs.  The Taproot upgrade will boost Bitcoin’s privacy and scalability. The years-in-the-making upgrade has been…

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Previously Unpublished Emails of Satoshi Nakamoto Present a New Puzzle

November 26, 2020 Leo HenryBitcoin, Bitcoin News

Newly discovered emails between Satoshi Nakamoto, Bitcoin’s pseudonymous creator, and the late Hal Finney deepen the mystery around the cryptocurrency’s origins.  The three emails come from Bitcoin’s earliest days, when its future was uncertain. They show how closely Satoshi collaborated…

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Crypto Long & Short: What We’re Getting Wrong About Druckenmiller and Bitcoin

November 15, 2020 Leo HenryBitcoin, Bitcoin News

The chorus is getting louder. Adding his sonorous voice to the chorus of renowned investors talking about bitcoin recently, hedge fund manager Stanley Druckenmiller stated on a CNBC interview this week that he believed bitcoin could perform better than gold.…

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Market Wrap: Bitcoin Fails to Reach $16.5K; Wrapped BTC Hits $2 Billion

November 13, 2020 Leo HenryBitcoin, Bitcoin Cash, Bitcoin News

Analysts are bullish on bitcoin’s price but the options market is decidedly bearish on the remaining weeks of 2020. Ethereum’s wrapped bitcoin token crosses $2 billion locked. Bitcoin (BTC) trading around $16,240 as of 21:00 UTC (4 p.m. ET). Gaining…

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Crypto Long & Short: Bitcoin Gets Ready for a New Type of Hedge

November 8, 2020 Leo HenryBitcoin, Bitcoin News

Of all of the many clever things Mark Twain is alleged to have said, one of my favorites, especially these days, is: “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that…

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Japan’s SBI Investing ‘Eight-Figure’ Sum in Swiss Crypto Bank Sygnum

SBI Holdings, a Japanese financial services firm, is to lead an ongoing…

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Kakao to Record Private Securities on Its Own Blockchain as NFTs

South Korean internet giant Kakao’s blockchain arm Ground X is now storing…

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Market Wrap: Crypto Market Cap Breaks $1.5T as Buyers Show Up for the Dip

Bitcoin has fully pared losses from Sunday’s dip as the leading cryptocurrency…

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