Markets

Ripple Senior Executives Predict the Future of Cryptoassets

Ripple executives predict adoption and innovation for crypto-assets will accelerate in 2021, with an emphasis placed on DeFi and new regulatory oversight.

Investment Firm Giant Guggenheim Partners Says Bitcoin’s Bull Run May Have Peaked

Investment giant Guggenheim Parnters’s CIO Scott Minerd says bitcoin’s price is cooling off, after making a run to an all-time high of $41,000.

Rick and Morty-Themed Crypto Art Sells for $290,000 on NFT Marketplace

A piece of crypto artwork by Rick and Morty co-creator Justin Roilan sold for $150,000 in a silent auction held on non-fungible token platform Nifty Gateway.

Popular Crypto Analyst Says This Altcoin Could Be Set for a Massive Breakout

Anonymous crypto trader SmartContracter told his followers on Twitter that Cream could be the next altcoin to follow in Aave’s massive success.

‘Every Single Person’ is Underestimating Bitcoin, Says Anthony Pompliano

Anthony “Pomp” Pompliano says the entire industry of cryptocurrency is underestimating bitcoin and the superiority of digitalizing products.

Crypto Strategist Unveils His Top Altcoin Picks for the Year

The host of the Coin Bureau channel on YouTube has revealed his top five altcoins picks for this year in a video published for his 225,000 subscribers, and noted he expects a smaller number of altcoins to benefit from the bull market. In the video, first spotted by Daily Hodl, the pseudonymous analyst noted that […]

Bitcoin Price Could Hit $100,000 by 2022, Says Early BTC Miner

Early bitcoin miner and market analyst David Zeiler predicts BTC’s price tripling by the end of 2021 to reach $100,000 next year.

PayPal Sees Crypto Trading Volume Surge as Bitcoin Price Recovers

Payments firm PayPal has hit a new record in cryptocurrency transaction trading volumes as the price of bitcoin bounces back from a plunge that saw it drop from a near $42,000 all-time high to $30,500. On social media, Alex Saunders pointed out that PayPal doubled its previous crypto trading volume record yesterday, as first spotted […]

Crypto Influencer Gives Top Altcoin Picks to Benefit From Hype Cycle

Chico Crypto host Tyler Swope gave his list of top ten altcoins that could beneft from current market hype, including a series of projects using the layer-two zk rollup solution.

Bitcoin Whales Keep Buying as BTC Drops, Analysis Shows

New market data shows whale addresses containing more than 1,000 BTC have continued to accumulate bitcoin despite the most recent correction.

Crypto Analyst Willy Woo Says Bitcoin Could Flip Gold’s Market Cap in 2021

Bitcoin supporter and market analyst Willy Woo says bitcoin could flip gold’s market capitalization and become the primary financial hedge by the end of 2021.

Popular Trader Gives Top Altcoin Picks to Go Exponential in 2021

Popular crypto trader Ben “BitBoy Crypto” Armstrong gave his list of top altcoins that had the potential to go exponential in 2021, highlighting VeChain (VET) as his most bullish asset.

A Beginners Guide to Cryptocurrency Triangular Arbitrage

Written by Evan Francis, CEO & co-founder of Coygo Inc. which provides tooling for professional cryptocurrency trading and insights. A cryptocurrency advocate since 2010, Evan has years of experience working as a software engineer in fintech before leaving his corporate job to pursue a full-time venture in the cryptocurrency and digital asset space. Most traders have heard […]

Crypto Derivatives Volumes Hit New $1.43 Trillion All-Time High in December: Report

Derivatives trading volumes in the cryptocurrency space hit a new all-time high of $1.43 trillion in December, after rising 8.6% when compared to the previous month. In December, it’s worth noting, the price of BTC surged to $29,000. According to CryptoCompare’s December 2020 Exchange Review, while derivatives trading volumes surge to a new all-time high […]

World’s First Actively Managed Crypto ETP Expands Across Europe

Switzerland-based cryptocurrency investment management boutique FiCAS has announced it secured regulatory approval and passporting for the Base Prospectus and accompanying product documentation for its 15 FiCAS Active Crypto ETP (BTCA). According to a press release shared with CryptoGlobe, the 15 FiCAS Active Crypto ETP is the world’s first actively managed cryptocurrency exchange-traded product (ETP), and […]

Bitcoin Bull Max Keiser Predicts BTC Will Hit $220,000 This Year

Crypto strategist and bitcoin bull Max Keiser says bitcoin will continue it’s rally in 2021 to above $200k, pointing to a collapse in global economies and central banks.

CNBC’s Jim Cramer Treats Bitcoin Like a Stock, Warns BTC Entered Speculative Territory

Mad Money host and financial guru Jim Cramer says he is treating bitcoin like stock and plans to hold on to his investment minus cost basis.

Real Vision CEO Raoul Pal’s Crypto Predictions for 2021: DeFi, CBDCs and More

Bitcoin bull and Real Vision CEO Raoul Pal gave his predictions for crypto in 2021, saying DeFi would play a prominent role.

Crypto Market Cap Closes in on $750 Billion as XRP, DOT, OKB Stand Out

The total market capitalization of all cryptocurrencies is currently hovering around $740 billion, closing in on the $750 billion mark. The total market cap, it’s worth noting, still hasn’t reached its all-time high near $830 billion seen in January 2018. In 2018, the price of bitcoin hit a new high at the time near $20,000. […]

Bitcoin on Track to Hit $300,000 in 2021, Says Crypto Analyst Tone Vays

Popular trader and industry analyst Tone Vays says bitcoin is on track to reach $300k in 2021, while calling a $100k price point in the near future ‘overly conservative.’

Biden Administration to Crack Down on Crypto ‘Criminal Cesspool’, Says Nouriel Roubini

NYU Stern School of Business Nouriel “Dr. Doom” Roubini says President-elect Joe Biden and his administration will crackdown on the’criminal cesspool’ created by the industry of cryptocurrency.

Popular Crypto Analyst Gives List of Top Altcoins Following Correction

Popular crypto trader and analyst Smart Contracter gave his list of top altcoins after correctly predicting the market would undergo a correction following bitcoin’s last all-time high.

English Singer Lily Allen Turned Down Bitcoin in 2009 Worth $4.7 Billion Today

English singer and songwriter Lily Allen turned down a gig in 2009 that would have paid her 200,000 bitcoin, worth more than $4.7 billion today.

Investors Are Underestimating Demand for Bitcoin’s Limited Supply, Says Glassnode CTO

Glassnode CTO Rafael Schultze-Kraft says investors are severely underestimating the demand for bitcoin’s limited supply, which has been reduced further by lost coins and accumulation-only wallets.

XRP Price Plunges Over 35% as Exchanges Start Delisting It Over SEC Lawsuit

The price of the third-largest cryptocurrency by market capitalization, XRP, has plunged over 30% as various cryptocurrency exchanges started delisting the cryptocurrency in reaction to a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against ripple. Cryptocurrency exchanges OSL, Beaxy, and CrossTower have already either temporarily stopped trading or delist XRP.  Hailey Lennon, […]

FTX Exchange Launches Coinbase Pre-IPO Futures Contracts

Popular cryptocurrency exchange FTX has listed Coinbase futures contracts under the ticker CBSE ahead of the company’s highly-anticipated initial public offering (IPO), days after it was revealed Coinbase filed a Form S-1 with the U.S. Securities and Exchange Commission. FTX is a cryptocurrency exchange that specializes in derivatives trading. The CBSE futures contracts are designed […]

Crypto Analyst Willy Woo Says Bitcoin Price Reaching $1 Million Possible

Bitcoin on-chain analyst Will Woo says BTC reaching $1 million is a possibility, while calling $100,000 a “very conservative” price point following the latest bull run.

Previous Bitcoin Doubter Asks if Now Is the Time to Buy BTC

Former bitcoin doubter and prolific angel investor Jason Calacanis recanted a previous tweet indicating that bitcoin was more likely than not to fall to zero and all but early adopters “suckers” at the table.

Early Bitcoiner Would Have Been a Billionaire if He Hadn’t Sold Out in 2012

Early bitcoin adopter and former developer Martti Malmi says he regrets selling more than 55k bitcoin before 2012, which would have made him a billionaire at today’s prices.

Goldman Ties Bitcoin’s Meteoric Rise to Key Proxy for Global Growth

Goldman analysts say bitcoin is closely tracking the price of copper, which has been historically viewed as a barometer for global market health.

Popular Crypto Analyst Reveals Top Altcoin Picks to Succeed in 2021

Altcoin Daily host and popular crypto trader Austin Arnold gave his top crypto-asset recommendations for 2021, noting DJ deadmau5’s new NFT as a coin to watch.

CME Group Announces the Launch of Ether (ETH) Futures Contracts

The Chicago Mercantile Exchange (CME) has announced the launch of an ether futures contract on February 8, 2021. Each ether futures contract is set to have 50 units of ETH and the derivative will trade between 5:00 p.m. and 4:00 p.m. CT from Sunday to Friday. The contracts are eligible to be exchanged for physical […]

Institutional Investors and Token Buybacks Help Altcoins Grow

The total market capitalization of all cryptocurrencies is currently around $560 billion, and while the flagship cryptocurrency bitcoin has mostly been trading above $19,000 since late November without breaching a new all-time high, some altcoins are moving up. Over the last few weeks, it appears institutional investors diversifying their cryptoasset portfolios and crypto projects buying […]

Opinion: CBDCs Will Have a Positive Impact on Crypto

Written by: Konstantin Anissimov, Executive Director at CEX.IO Central banks are increasingly looking into CBDCs (in fact, 65% of the BIS’s respondents are actively researching state-backed crypto). Now the question is: what benefits does a central bank digital currency provide to the state, and how would a CBDC impact Bitcoin and the current banking system? […]

Analyst PlanB Predicts Bitcoin Price Will Rise ’10x or 20x’ in 2021

Bitcoin quantitative analyst PlanB predicts BTC could reach as high as $300k thanks to the coin’s growing scarcity and fixed supply.

Wells Fargo Compares Bitcoin Investing to 19th Century Gold Rush

Banking giant Wells Fargo has compared today’s bitcoin investing to the early days of the 1850’s gold rush, saying the market involves a disproportionate amount of speculation.

Bitcoin Whales Sold High While Retail Investors Chased the Rally: Report

A newly released report from cryptocurrency exchange OKEx and blockchain data firm Kaiko shows that while large bitcoin holders – whales – sold at a profit as the price of BTC kept going up, retail investors chased the rally while remaining confident. The report looks at trade sizes to gauge who may be behind the […]

Crypto Analyst Recommends Max Gains Portfolio for 2021

Popular cryptocurrency trader Lark Davis has provided an update to his followers on how to build a high-risk, high-reward portfolio for maximum gains in 2021.

$1.32 Trillion: Crypto Derivatives Volumes Hit New All-Time High Last Month

Derivatives trading volumes on cryptocurrency exchanges have surged 108% to a new monthly all-time high of $1.32 trillion, while spot trading volumes increased 59% to $906 billion, according to CryptoCompare’s November 2020 Exchange Review. The report points out that the derivatives market now represents almost 60% of the total crypto market, compared to 53% in […]

Popular YouTuber Andrei Jikh Invested $100,000 in Bitcoin and Ether

Popular YouTube personality and content creator Andrei Jikh says he has already nearly doubled a $100,000 investment into bitcoin and ethereum.

Major Australian Firm Pendal Group Trading Gold for Bitcoin

Major Australian investment firm Pendal Group is reportedly turning to bitcoin investing over gold as client demand for crypto-assets increases.

Crypto Analyst Says BTC Withdrawals From OKEx Not Responsible for Fall in Bitcoin Price

After the price of bitcoin dropped over 10% to $17,200 from a near all-time high, crypto analyst Ki-Young Ju and CEO of on-chain analytics firm CryptoQuant has revealed he believes bitcoin withdrawals being reenabled at popular exchange OKEx were not behind the price drop. On Twitter, Ki-Young revealed that as soon as withdrawals were reenabled […]

VanEck Launches Physically-Backed Bitcoin ETN on Deutsche Böerse

European ETF issuer VanEck has announced the launch of a bitcoin exchange-traded-note (ETN) on the Deutsche Böerse. The ETN will launch on the electronic trading venue of Europe’s third-largest exchange, Xetra. According to ETF Stream, the VanEck Vectors Bitcoin ETN (VBTC) will have a total expense ratio (TER) of 2% and is set to be […]

Bitcoin Exchange Traded Product (ETP) Volumes Surge 53% as Crypto’s Price Surges

The aggerate trading volume of bitcoin exchange-traded products (ETPs) has surged 53% over the last 30 days, with several products demonstrating above market returns. According to CryptoCompare’s Digital Asset Management Review, daily ETP volumes increased by an average of 53.5% this month, following BTC’s price rally from little over $10,000 in October to over $18,000 […]

Buying Bitcoin Has Only Been Unprofitable in 10 Days of its History: Report

Bitcoin has now been profitable for all but ten days in its decade long history, with the price approaching its last all-time high near $20,000.

Ripple Initiates $46 Million XRP Buyback in Q3

San Francisco-based tech company Ripple has initiated its first buyback of XRP in Q3 2020, purchasing $46 million from the market.

Key Bitcoin Miner Metric Points to Potential Price Dip Ahead

Data from on-chain analytics firm Glassnode shows bitcoin miner to exchange flow has increased substantially over the past 24 hours, indicating a potential selloff ahead.

Bitcoin is Heading to $20,000, Says Bloomberg Analyst Mike McGlone

Bloomberg senior strategist Mike McGlone says bitcoin is on pace to surpass its previous all-time high of $20,000 and could go parabolic in 2021.

Open Interest on CME Climbed 28.6% in October, Report Reveals

The average open interest on the Chicago Mercantile Exchange (CME), an exchange for the trading of futures and options, went up 28.6% to $593 billion in October, with the month ending with $824 million in open interest. According to CryptoCompare’s October 2020 Exchange Review, institutional open interest on cryptocurrencies remained high throughout the month, even […]

Government Could Might Action if Bitcoin Price Goes Above $100K, Says Former Coinbase CTO

Angel investor and former Coinbase CTO Balaji Srinivasan thinks the U.S. government will be forced to take action against bitcoin if the price continues to gain against the dollar.

Crypto Volatility Scares Away Potential Users, Says MasterCard CEO

Mastercard CEO Ajay Banga says bitcoin’s volatility is scaring away potential users and limits its use as a tool for the unbanked.

$800 Million Bitcoin Options Expiry Has Crypto Traders on Edge

As the price of bitcoin moved towards its 2019 highs close to the $14,000 and dropped back to under $13,500, cryptocurrency traders are on edge focusing on large bitcoin and ether options expiries set to end ahead of Halloween. According to Skew.com, over $800 million worth of bitcoin options are set to expire this Friday, […]

BlockFi Holds Over 5% of Shares in Grayscale’s Bitcoin Trust

Crypto lending firm BlockFi has announced a 5 percent stake in Grayscale’s Bitcoin Trust, according to a new SEC filing.

Bitcoin Price Pattern Mirroring Earlier Exponential Rallies: Report

Market Insights firm Nautilus Research says bitcoin is displaying price patterns that have historically been associated with a massive price breakout.

Abra’s CEO Calls Cash ‘Worthless,’ Holds 50% of Portfolio in Bitcoin

Abra’s CEO Bill Barhydt says he has increased his position in bitcoin to 50 percent of his portfolio after noting that cash is becoming worthless.

Novogratz: Banking Industry in Race to Launch Bitcoin and Crypto Services

Galaxy Digital’s Mike Novogratz predicts banks will soon be in a race to offer cryptocurrency services following PayPal’s massive announcement to get involved in crypto.

Raoul Pal: Microsoft and Apple Will Buy Bitcoin Within Five Years

Real Vision CEO Raoul Pal predicted that tech giants like Microsoft and Apple would invest in bitcoin within the next five years to escape the devaluation of fiat.

Analysts Warn Stock Market Volatility Could Hurt Bitcoin

Analysts warn that bitcoin’s high correlation with stocks could lead to a sudden plummeting in price if the market undergoes volatility during next month’s presidential election.

Crypto Community Pushes Back on BoE Governor’s Comments on Bitcoin’s Value

Crypto community members pushed back on Bank of England Governor Andrew Bailey’s criticism of the lack of intrinsic value in bitcoin.

Bitcoin Will ‘Be Your Only Refuge’ Says Tyler Winklevoss

Gemini exchange founder Tyler Winklevoss criticized the financial markets and said bitcoin would be the only “refuge” after stocks pumped in response to news of another U.S. stimulus package.