Financial Industry News
Bitcoin has been caught within a firm uptrend that has allowed it to shatter its correlation with the stock market as it continues marching higher Despite the overt bullishness of this move, funding rates have been on the brink of being negative on many major trading platforms This shows that demand for short positions remains […]
Continue ReadingYearn.finance’s YFI governance token has found itself caught within a consolidation phase alongside Bitcoin and the rest of the crypto market. It has been able to push significantly higher from where it was trading just a couple of weeks ago, with buyers attempting to form a price floor within the lower-$13,000 region. Despite the immense […]
Continue ReadingThe total transfer volume of Bitcoin to exchanges has decreased dramatically over the past three days. Analysts see this as a sign that investors think “rapid price appreciation is ahead.” Bitcoin Investors Expect Rapid Price Appreciation Soon Bitcoin has undergone a strong rally over the past few weeks, rallying as high as $13,350. In response […]
Continue ReadingFilecoin has surged seriously higher over the past few days even while Bitcoin has stalled in the $13,000 range. The price of the leading altcoin recently passed above $35, the highs of the past five days. In the past 24 hours alone, FIL has gained 32.2% against the U.S. dollar per data from CoinGecko. Analysts […]
Continue ReadingThe bigger you are, the bigger the splash when you jump in the water. And when it comes to mainstream payments companies, there are few bigger than PayPal. In case you’ve been totally avoiding the headlines over the past few days (and who could blame you), PayPal (NASDAQ: PYPL) this week confirmed its entry into […]
Continue ReadingComing every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week PayPal to offer crypto payments starting in 2021 When rumors […]
Continue ReadingBitcoin’s price has seen waning momentum over the past couple of days, with the selling pressure in the mid-$13,000 region slowing its ascent as bulls struggle to maintain their recent strength. Yesterday, the benchmark cryptocurrency surged to its yearly highs at over $13,300, but the selling pressure here was quite significant and stopped it from […]
Continue ReadingEthereum has been struggling to match the momentum seen by Bitcoin as of late This has caused its price to decline by roughly 5% from its recent highs as bulls struggle to gain any traction Bitcoin’s ongoing consolidation phase isn’t helping either, as some investors are fleeing more volatile assets like ETH in anticipation of […]
Continue ReadingBitcoin has undergone an extreme rally over the past two weeks. The coin has surged from $11,200 to $13,000 as of this article’s writing, with the rally topping on Saturday evening at $13,350. While BTC is heading into the weekly close around $13,000, which is a pivotal win for bulls, analysts are wary of a […]
Continue ReadingLess than a month after Brian Armstrong declared Coinbase should “be laser focused on achieving its mission,” he seemingly violated his own policy by tweeting a political post riddled with falsehoods… during business hours. In an Oct. 23 tweet from Armstrong’s personal account, the Coinbase CEO posted a link to a blog written by Rob […]
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