Markets

Markets

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Traders Opting for Cash and Carry Strategy as Bitcoin's 'Contango' Widens

Cash and carry traders seek to profit from the spread between bitcoin's price in futures and spot markets.

Magic crystal ball with burning candles on  table

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Bitcoin Price Shoots Past $60K, Ether Hits New All-Time High in Early Saturday Trading

The price action comes just ahead of a highly anticipated Nasdaq listing for leading U.S. crypto exchange Coinbase.

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As Coinbase Listing Nears, Analysts Pitch Valuations From $19B to $230B

The wide range shows the extreme uncertainty and risk of investing in the fast-moving cryptocurrency industry.

Coinbase CEO Brian Armstrong opposes the infrastructure bill's tax provision.

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XRP's Price Can Go ‘Boatload’ Higher: Veteran Analyst Peter Brandt

XRP has rallied by over 50% so far this week, for a market value of $37 billion.

Does the XRP chart look like an inverted head and shoulders?

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Bitcoin Holds Support; $60K Resistance Within Reach

BTC is attempting to break above a series of lower price highs since April 1, which suggests buyers are gaining strength as sellers retreat.

Bitcoin Four-Hour Chart

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No 'Stimmy' Rally: Why the $1,400 Checks Brought So Little Bitcoin Stimulus

Slowing bitcoin volume suggests retail traders are less active with their "stimmy" checks compared to 2020.

President Joe Biden delivers remarks this week on his proposed American Jobs Plan.

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Bitcoin Miners Are Again Stacking Coins in a Positive Sign for the Market

"Miners may be holding in anticipation of a price rally," one analyst said.

Bitcoin mining devices

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This Indicator Suggests Bitcoin Is Overdue for a Big Price Move

Bitcoin may be building for a big move as price volatility hits four-month low.

Bitcoin price chart showing narrowing Bollinger bandwidth.

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Bitcoin Drifts Lower; Support Around $54K-$55K

Bitcoin buyers and sellers are in a stalemate as oversold rallies have been limited on intraday charts.

BTC Hourly Chart

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Bloomberg Foresees Bitcoin Rallying to $400K This Year

Analysts at Bloomberg Crypto argue the largest cryptocurrency might be due for a run analogous with the steep rallies of 2017 and 2013, following prior "halvings" on the blockchain network.

Bitcoin price trend chart, from Bloomberg Crypto.