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Vitalik Buterin’s crypto holdings have doubled since January 2021 to surge above $1 billion. Vitalik Buterin, a co-founder of the world’s most popular smart contract platform, the Ethereum blockchain, has officially become a crypto billionaire. Buterin’s public Ether address, which he described as his main wallet back in 2018, has hit $1 billion on its […]
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Bitcoin’s long-to-short ratio has dropped to a five-month low, but bears are not taking the bait, suggesting bulls are still in control of BTC price. Margin trading allows an investor to borrow money or cryptocurrency to leverage their trading position and increase its size or the expected return. For example, borrowing Tether (USDT) will allow […]
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Bitcoin may be en route to retest underlying support levels but the record $22.5 billion open interest on BTC futures shows bulls expect the uptrend to continue. Bitcoin (BTC) price has rallied 22.5% in March, but as the price moved up, some buyers began to use excessive leverage, according to derivatives data. Meanwhile, futures open […]
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Bitcoin price finally pushed through a tough resistance cluster to secure a new all-time high at $60,000. Bitcoin (BTC) hit $60,000 for the first time on March 13 as the long-awaited continuation of the BTC price bull run got underway. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC records another landmark price level Data from […]
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Bitcoin reaches $51,000 as the U.S. Senate greenlights $1,400 “stimmy” checks for Americans. The price of Bitcoin (BTC) reached over $51,000 on March 7 after the U.S. Senate passed the anticipated $1.9 trillion stimulus bill, which is roughly two times larger than the market capitalization of BTC. United States’ President Joe Biden said that the […]
In January 2021, Bloomberg Analyst Mike McGlone predicted that the price of bitcoin would hit $50,000 at some point this year. At the time, the value of the leading crypto asset was merely hovering above $30,000, and the $50,000 mark felt a very long way off. Less than a full month later and the cryptocurrency […]
The weekly mining revenue of global bitcoin miners hit a new all-time-high of $354.4 million last week. Analysts say the new record is partly due to the surge in the price of the digital currency coupled with the skyrocketing network fees, according to reports on February 15, 2021. Weekly Bitcoin Mining Revenue Surpasses 2017 Highs […]
With all this bullish bitcoin activity, the ETH/BTC pair has gone bearish, a sign traders are selling ether for bitcoin.
Listen To This Episode: Apple Spotify Google Libsyn On this episode of Bitcoin Magazine’s “Bitcoin In Asia,” Molly joins host John Riggins for a quick-hitting conversation about Bitcoin adoption in Asia to kick off 2021. Molly is head of marketing at HashKey Hub. She was also Bitcoin Magazine’s first employee in Asia and combines that […]
The company shed $130 million in value after J Capital’s report.
The digital asset manager passed a key milestone this week.
The crypto market had quite a rough day, as Bitcoin’s price plummet pulled the rest of the market down. The sudden bloodbath was caused by Bitcoin’s inability to break the $42,000 mark, which then prompted a pullback. However, as many investors had their positions heavily leveraged, the price drop liquidated $2.7 billion worth of Bitcoin […]
Crypto euphoria gets reality check as bitcoin and ether tumble, though XRP is still trading with market value near Ford Motor’s as SEC-inflicted damage proves limited.
Mining difficulty passed 20 trillion Saturday morning.
A massive rally in the crypto markets pulls the overall cryptocurrency market cap above $1 trillion for the first time in history. Thanks to Bitcoin (BTC) and some of the popular altcoins like Ethereum (ETH) which have been leading the show over the last year. If we see the monthly chart, the overall crypto market […]
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Bitcoin rallied continued during the European session Thursday as traders ignored Washington’s political unrest to focus instead on the potential for higher sovereign spending. The BTC/USD exchange rate established a new record high of $38,180, adding 10 percent to what has been a relentless uptrend in the last four quarters. While the pair pared some […]
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