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Bitcoin flew back above $55,000 today on renewed hopes of the digital asset becoming a mainstream store of value. No single event triggered the move. But recent stories suggest the cryptocurrency is on its way to broader adoption. The first big news was last Friday....
Cryptocurrencies like Bitcoin and Ethereum pulled back in September. Now analysts may be seeing potentially bullish trends, even with bearishness plaguing the market. One emerging positive is "big fish" accumulation as large investors move cryptocurrency off...
"What if they gave a war and nobody came?" was a popular saying with protestors in the 1960s. Something similar could be asked of Bitcoin today: "What if they gave a selloff and nobody came?" Consider how BTCUSD knifed violently lower on September 7. Then consider the...
Sometimes there's a lot to be said about nice round numbers. This might be one of those times with Ethereum holding $3,000. The level has gained importance this month. ETHUSD bounced around $3,000 on August 9, 12 and the last three days. It's also managed to close...
One week ago, Ethereum implemented an upgrade to control fees and limit supply. It's already having an effect. About 3 Ethereum are getting "burned" each minute, according to Etherchain.org. That's more than 33,000 coins, or about $100 million. A separate analysis by...
Ethereum is surging as the world's No. 2 cryptocurrency takes the first step in a series of major upgrades. At 8:33 a.m. ET today, the London hard fork took effect at block number 12,965,000. The transition, which began testing in June, implements five changes. The...
Bitcoin miner Riot Blockchain has been skidding lower since February, but now it could be ready to move again. The main feature on its chart is its jump above the 50-day moving average on July 26. It’s formed a tight consolidation pattern above the line since. The...
Cryptocurrencies like Bitcoin and Ethereum have rallied in the last week, following several months of weakness. Investors interested in the asset class have several ways to gain exposure. Retail investors looking to participate in the crypto market have these...
Cryptocurrencies like Bitcoin and Ethereum ripped higher yesterday. After months of weakness, there could be reasons to be optimistic on the market. This article will consider several key points about Bitcoin and Ethereum. It's not intended as a recommendation, but as...
Yesterday was big for cryptocurrencies as Elon Musk and Jack Dorsey spoke publicly about Bitcoin. The event also triggered a wave of bullish options activity in Dorsey's payments company, Square. Most of the volume focused on the short-term 23-July 255 calls. Buyers...