GameStop comedown shows appeal of social-media-fueled trading. Dogecoin chatter in Reddit reveals cryptocurrency analogue.
First Mover: Silver Is the New GameStop as Musk’s #Bitcoin Stalls
As bitcoin trades in a range, traders are studying the “Grayscale premium” and watching traditional markets for clues to the next market move.
First Mover: Elon Musk #Bitcoin Moment Adds to Dogecoin, GameStop Wackiness
The GameStop-galvanized “bear raid” by retail stock traders appears to have terrified Wall Street, but crypto-industry marketeers are salivating over the prospect of new customer leads, and more demand.
First Mover: Crypto Gawks at GameStop, Sees Shades of Self
Digital-market traders found amusement in the GameStop saga. They also saw an opportunity for self-reflection. Here’s what Niall Ferguson, Caitlin Long, Mati Greenspan and Jonathan Mohan said.
First Mover: Bitcoin Flushes ‘Weak Hands’ as Ethereum Hits New All-Time High
Last week’s rout in bitcoin market looks like “weak hands” selling out – since bidders appeared to materialize whenever prices fell to $30K.
First Mover: Bitcoin Newbies Get Volatility Lesson as Old Pros Lament FUD
A mixture of bearish price-chart patterns and ill-understood news items combined to cause bitcoin’s biggest price plunge since March, in a demonstration to market newcomers of the cryptocurrency’s notorious volatility.
First Mover: As Bitcoin Flips Bearish, Neither Biden Nor BlackRock Brightens Mood
There’s a lot of long-term bulls in the bitcoin market. But in the short-term? Pretty much everyone has suddenly turned bearish.
First Mover: Ether Steals Limelight With New All-Time High Price as Bitcoiners HODL
Crypto traders shift focus to ether as second-largest cryptocurrency surges to new record price, but bitcoiners aren’t going anywhere.
First Mover: Biden’s $1.9T Plan Shows ‘Blue Wave’ Bitcoiners Saw Coming
The Federal Reserve might need to print money to help finance Biden’s coronavirus relief proposal, to keep Treasury-bond interest rates from climbing.
First Mover: Forget Facebook’s Stablecoin. Now It’s $700B Bitcoin In the Crosshairs
Bitcoin’s powerful move over the past couple months to a market value of more than $700 billion is suddenly commanding more attention from global financial regulators.
Bitcoin in Race for Adoption Before Central Banks Launch Digital Currencies: Australia’s Macquarie
With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce.
First Mover: Market Signs Look Healthy as Bitcoin Sell-Off Subsides
Record trading volumes have accompanied bitcoin’s rally this year, and subsequent swoon, offering a healthy sign of just how much price discovery is taking place in rapidly growing (to $3T?) cryptocurrency markets.
Eye-Popping Projection for $3T Crypto Market Underpins Bakkt Deal
Bakkt says cryptocurrencies could be a $3 trillion market by 2025, a five-fold increase.
First Mover: It Might Be Getting ‘Silly’ as Bitcoin Passes $39K, $40K, $41K
It’s taken just eight days in 2021 for bitcoin prices to surge more than 40%, and some analysts are starting to handicap the chances for a correction.
Why Is Bitcoin Going Up, and Will It Crash Soon? What’s Next as Price Doubles to $40K
Crypto pros and newbies alike are asking why bitcoin prices keep hitting new all-time highs, and if prices are due to crash. Here’s what the experts say.
First Mover: $1 Trillion of Cryptocurrencies Shows Booming ‘Asset Class’
It took just a few months for cryptocurrencies to double to $1 trillion. That compares with eight years for U.S. junk loans.
Revolut App Adds 4 Cryptos to Buying, Selling Service
British fintech firm Revolut has expanded its cryptocurrency offerings by adding four new tokens – EOS, OMG Network, Texos and 0x – for European users due to popular demand. See also: UK Fintech Firm Revolut Brings Bitcoin, Ether Trading to US Customers
Players Prefer Cashing Out in Bitcoin Amid Rally, Says Online Poker Giant
Winning Poker Network said it’s having to buy more bitcoin than ever to satisfy payout demand from players.
Voyager CEO Says Revenue Growth Accelerates 8-Fold as DeFi Trading Surges
CEO Steve Ehrlich says this quarter’s revenue is on track to double what the company produced in all of its last fiscal year.
Binance’s Bitcoin ‘Bid-Ask Spreads’ Tighten as Cryptocurrency Markets Mature
The narrowing gap between bitcoin buy and sell orders on big exchanges like Binance shows an increasing depth to cryptocurrency markets.