Bitcoin (BTC) could slide back down to $20K level, says Guggenheim CIO
Guggenheim's CIO believes that Bitcoin is about to undergo a significant price pullback.
Guggenheim's CIO believes that Bitcoin is about to undergo a significant price pullback.
1) Assets locked in DeFi are by far worth $31.47 billion, where $3.87 billion is from Maker, $3.48 billion is from WBTC, and $3.06 billion is from Uniswap.
Monitored by CoinNess.com, from 16:00 UTC on January 21 to 10:00 (UTC) on January 22, BTC registered a net outflow of $567.85 million in the past two hours.
A female crypto trader in Hong Kong lost money when a man she was supposed to meet for a crypto deal robbed her.
According to Tokenview, the total amount of stablecoin USDT issued on Ethereum, TRON, and Omni in 2020 is 27.8 billion, and 4.05 billion USDT were burned in 2020.
CoinNess Market Index shows that BTC surges by 1.01% within 5 minutes. BTC currently marks 31,942.01 USDT on huobi Pro.
The total crypto market capitalization just reached $1 trillion early this month when Bitcoin's price soared past $37,000.
BlackRock, Inc., the world's largest asset manager with more than $7.8 trillion in AUM, is getting ready to invest in Bitcoin.
Dunamu, the operator of the South Korean crypto exchange Upbit, has developed a new tool to help investors make better decisions.
Ether smashes the previous record set in January 2018.
eToro is struggling to keep up with the increasing demand for cryptocurrency on its platform.
Bitcoin broke $38,000 for the first time but many believe that the crypto's price could still rise even further.
The total capitalization of the cryptocurrency market reached $1 trillion, breaking its previous record of $830 billion set in 2018.
Bitcoin already gained 20 percent in the first five days of 2021.
Microstrategy's Bitcoin stash, which the firm bought for $1.125 billion, rose to %2.28 billion.
Jefferies will soon join the increasing list of institutions that include BTC in their portfolios.
Guggenheim Investment said that it will be more challenging to buy BTC at its current price level.
JPMorgan analysts that demand for BTC by insurance firms and pension funds could balloon to $600 billion.
PayPal's CEO said that cryptocurrency prices are going to stabilize as digital tokens enter mainstream use.
Guggenheim Macro Opportunities Fund plans to invest 10 percent of its net asset value in Bitcoin via Grayscales' GBTC.
There are five lesser-known cryptocurrencies that are beating Bitcoin in terms of weekly gains.
Bitcoin's market capitalization soared to $354 billion, surpassing JPMorgan's $349 billion.
Institutional investors have brought in $14 billion into the crypto space since April 2020.
Fear of missing out will drive more millionaires to invest in cryptocurrency in the next two years.
An increasing number of investors now prefer Bitcoin over gold as a hedge against inflation.
Mexican billionaire Ricardo Salinas Pliego is also a Bitcoin investor
Galaxy Digital has partnered with Canadian fund manager CI Global Asset Management for the planned launch of the Bitcoin Fund in Canada.
More institutional investors are now chosing BTC over gold ETFs, according to a JP Morgan report.
Aside from worries about a depreciating dollar, many believe the post-halving cycle is starting to take effect, which could further fuel BTC's rally.
The upcoming cryptocurrency exchange-traded fund by Nasdaq and Hashdex will not be available to American investors.
The cryptocurrency market has outperformed gold so far in 2020.
A survey reveals that a number of factors will likely convince institutions to place more funds into cryptocurrency.
The world's largest sovereign fund indirectly owns some cryptocurrency.
Investors can now trade in Bitcoin ETP via stock exchanges in Germany, Switzerland, and Austria.
Blockchain forensics firm Chainalysis revealed that $50 billion in cryptocurrency was moved out of China in the past 12 months.
Seventy percent of the respondents of a recent survey said that they won't sell their Bitcoin even if it reaches $0.
Grayscale's Bitcoin Cash Trust and Litecoin Trust received DTC eligibility.
Robinhood added $2.6 billion to its valuation in just one month.