Markets

Bitcoin Falls 5% Despite Continued Accumulation by Investors
Bitcoin fell from $36,000 to $34,000 Wednesday morning, despite continued buying from investors.

Over Half of Investors Think Bitcoin, Tesla Stock Are Biggest Bubbles: Deutsche Bank Survey
One-quarter of respondents think bitcoin could double its price to north of $70K by the start of 2022.

First Mover: Ethereum Steals Limelight With New All-Time High Price as Bitcoiners HODL
Crypto traders shift focus to ether as second-largest cryptocurrency surges to new record price, but bitcoiners aren't going anywhere.

Ethereum's Ether Cryptocurrency Sets New All-Time Price High Near $1,440
Ether (ETH) has broken its previous all-time high set in January 2018 with a rise to $1,439.

Bitcoin's Price Must Pass $40K to Halt Exodus of Traders: JPMorgan Analysts
A bearish outlook may be triggered if bitcoin doesn't claw its way back over $40,000, the analysts said.

Chainlink Hits Record High, Altcoins Rally Amid Bitcoin Consolidation
Chainlink's oracles act as a bridge between cryptocurrency smart contracts and off-chain data feeds.

Bitcoin Struggles to Recover After Biggest Weekly Price Loss Since September
Prices fell by 6% in the seven days to Jan. 17, a weekly fall not seen since the first week of September.

Bitcoin’s Massive Swings Give Pause to CFOs Mulling Reserve Investment: Bloomberg
Bitcoin’s 30% price correction was enough to dull the attraction of that strategy for some.

Coinbase Redoing Infrastructure to Prevent Outages During Peak Times
The exchange is also working to improve its customer service response time, another source of complaints.

First Mover: Biden's $1.9T Plan Shows 'Blue Wave' Bitcoiners Saw Coming
The Federal Reserve might need to print money to help finance Biden's coronavirus relief proposal, to keep Treasury bond interest rates from climbing.

