Bitcoin

Bitcoin

Markets

Federal Reserve Keeps Rates Close to Zero, Continues Buying Treasurys

The Federal Reserve said Wednesday it would hold benchmark U.S. interest rates close to zero and continue buying Treasury bonds to support the coronavirus-devastated economy.

Federal Reserve Chairman Jerome Powell

Markets

Bitcoin Looks Overbought but Analysts Play Down Drop Fears

Bitcoin's rally looks overstretched, according to a technical indicator, but short-term price consolidation looks more likely than a drop, say analysts.

Bitcoin price and RSI (TradingView)

Markets

Market Wrap: Bitcoin's Price and Ether's Dominance Sit at 2020 Highs

The two biggest cryptocurrencies are hitting 2020 highs, though for different reasons.

Source: CoinDesk 20 Bitcoin Price Index

Markets

How Real Is Bitcoin’s Rally? 8 Interpretations of Bitcoin's Massive Surge

As bitcoin retraces slightly after reaching a new 2020 high about $11,000, NLW explores what’s driving the rally and how likely it is to continue.

(Overearth/Shutterstock)

Markets

Bitcoin’s Latest Rally May Have Staying Power, Exchange Flows Suggest

The flow of bitcoin and stablecoins in and out of cryptocurrency exchanges observed on Monday suggests the latest price breakout may persist.

Bitcoin’s latest rally may have legs, according to recent data. (analogicus/Pixabay)

Markets

Bitcoin Futures Volume Surges 186% as Price Hits $11K

The market for bitcoin futures snapped back to life on Monday as the cryptocurrency's price surged to an 11-month high.

screen-shot-2020-07-28-at-13-11-32

Markets

First Mover: The Dollar Drop May Have Helped Push Bitcoin Past $11K

As the U.S. dollar's value slides, prices are suddenly rising for just about everything priced in dollars.

shutterstock_101087206

Markets

Gold Reaches All-Time High as Bitcoin Breaks Above $11k

The precious metal has gained roughly 28% this year. Bitcoin is up 13% in 24 hours.

Gold futures price since its previous all-time high in 2011

Markets

Market Wrap: Bitcoin Blasts Past $10,000; Ethereum Fees Up 550% in 2020

Bitcoin is experiencing high volumes, pushing the price close to $11,000. Meanwhile, Ethereum fees are up 550% this year.

Source: CoinDesk 20 Bitcoin Price Index

Markets

Leading Austrian Telecom Provider Adds Cryptocurrencies to Its Cashless Payment Network

A1 Telekom Austria said cryptocurrencies will now be available to use in its cashless payment app, allowing over 2,500 merchants to accept bitcoin, ether and dash.

Vienna, Austria