Analysis
Analysis
Explosive market data suggests Bitcoin’s buy streak could just be getting started
A sudden jump in key metrics in both the futures and spot markets indicates strength and institutional sponsorship behind Bitcoin’s latest rally, a factor…
Exchanges
Key data shows Bitcoin uptrend is at risk as Bitfinex longs suddenly plunge
Bitcoin has rocketed to a 30-day high after posting one of its largest intraday rallies in weeks, but closer inspection suggests the sudden breakout…
Analysis
Low Bitcoin volumes and volatility signal uncertainty behind BTC’s latest rally
Despite a strong rebound in both price and sentiment, the Bitcoin market is grappling with the lowest real trade volumes seen since April last…
Mining
Bitcoin hashrate surges to all-time high after Chinese government pressures miners to scale down operations
Just after regional authorities reportedly urged Bitcoin miners to reduce electricity consumption in Sichuan — a province that could account for up to 50…
Technology
Development has started on Litecoin privacy features, but crowdfund still needs $57,000 in donations
The development has officially begun on Litecoin’s implementation of Mimblewimble extension blocks, a feature that will bring confidentiality to the sixth-largest cryptocurrency by market…
Analysis
Bitcoin was the world’s top-performing commodity in 2019 after a year of healthy growth
Bitcoin has wound up as 2019’s top-performing commodity despite its exclusion from the majority of commodities market wrap-up reports. With an annual increase of…
Exchanges
Fortress has reduced its offer to buy up Bitcoin claims of Mt. Gox victims
New York-based investment firm Fortress Investment Group has issued a new letter to creditors of the long-collapsed exchange Mt. Gox, proposing to purchase Bitcoin…
Analysis
Futures data suggests latest Bitcoin rally is just short-covering, most Bakkt contracts aren’t being settled
A massive drop in open interest on the CME and Bakkt Bitcoin futures contracts indicates short-covering has fueled BTC’s latest rally, likely egged on…
Adoption
Fidelity Digital Assets sets up shop in the U.K. after Johnson win; can Europe lead crypto adoption?
Asset management giant Fidelity Investments has established a U.K. entity for its cryptocurrency business with the intent of gaining a foothold in Europe, the…
Scams
Report suggests Ponzi scheme PlusToken may have stolen hundreds of millions, not billions
Blockchain analysis firm Chainalysis has issued a new report suggesting that PlusToken, the multi-billion-dollar Ponzi scheme widely suspected to have been driving down the…
Analysis
Bitcoin longs hit record high on Bitfinex, long squeeze incoming?
The number of Bitcoin long contracts on margin trading platform Bitfinex has exploded in December to reach the highest level in years, far exceeding…
DeFi
Ethereum locked in DeFi hits all-time high, total deposits up 22,400 percent in two years
The amount of Ethereum locked in Decentralized Finance (DeFi) has hit an all-time-high after one of the most explosive months for deposits on record…
