Ether
Bitcoin Approaching Resistance Near $58K; Support at $50K
Bitcoin and ether continue to rise, with BTC now surpassing $57,000, although the wider crypto markets are seeing slower momentum. Kapil Rathi, co-founder and CEO of institutional trading firm CrossTower, discusses the macro trends he’s continuing to watch, including regulation, China’s crypto crackdown and institutional adoption.
Market Wrap: Bitcoin Ends Week Notching 14% Gain
The largest cryptocurrency by market capitalization also surpassed $1 trillion again this week.
Market Wrap: Bitcoin Dominance Rises as Altcoins Underperform
Bitcoin is outperforming on hopes of a U.S. ETF approval.
Market Wrap: Cryptocurrencies Rally as Short Sellers Exit Positions
The upturn comes despite regulatory risks.
Analysts Turn Negative on Ether as Weekly Chart Tips Bearish
Some price-chart readers see the potential for a steep drop in the next few weeks.
Market Wrap: Bitcoin Stabilizes After China Crypto Ban Sell-Off; Volatility to Remain Elevated
Cryptocurrency trading has calmed, but analysts expect further volatility.
Time’s NFT Launch Sends Gas Fees Spiraling
Time magazine launched a new NFT collection dubbed "TIMEPieces" Thursday, offering "unlimited access" to its website through 2023. All 4,676 tokens, each priced at 0.1 ETH tied to digital artworks, were sold in minutes. But the sale also clogged the Ethereum blockchain, with buyers spending almost four times as much on transaction fees as they did on the NFTs themselves. "The Hash" hosts react, discussing the implications for a historic American institution getting involved in the NFT space.
Institutional Investors Preferring Ether Over Bitcoin Now: JPMorgan
The spread between futures prices and spot prices for the two cryptos is telling, analysts wrote.
Brazilian Investment Bank BTG Pactual Launches Crypto Platform
Mynt, which will be available in the last quarter of 2021, will initially allow exposure to bitcoin and ether.
Ether Options Market Shows Bias for Price Weakness Over 3 Months
As ether buckles, put options – offering downside protection – are drawing higher prices.
