Tags : Mover

Market

First Mover: Bitcoin Newbies Get Volatility Lesson as Old Pros

Bitcoin (BTC) appeared to stabilize above $31,000 after Thursday’s plunge, the biggest since March.  “A break of $30,000 could have been bad news but it managed to turn things round,” Craig Erlam, senior market analyst for the London-based foreign-exchange brokerage Oanda, told clients early Friday in an email. “We may see a small rebound now, […]Read More

Market

First Mover: Ethereum Steals Limelight With New All-Time High Price

Bitcoin (BTC) was higher for a second day, staying in the past two weeks’ range of between roughly $34,000 and $40,000.   “This period of consolidation is building a solid base, giving those who wish to sell bitcoin plenty of time,” according to the cryptocurrency exchange firm Diginex.  Ether (ETH), the Ethereum blockchain’s main cryptocurrency, rose […]Read More

Market

First Mover: Bitcoin Hits Record as `Blue Wave’ and `Kimchi

Bitcoin (BTC) rose for a second day, surging to a new all-time high price of $35,751, based on CoinDesk’s Bitcoin Price Index.  The jump came as votes were tallied from Tuesday’s special U.S. Senate runoff elections in the state of Georgia, where Democrats appeared on the cusp of gaining two seats that would deliver President-elect […]Read More

Market

First Mover: As Bitcoin Rally Pauses, DeFi Keeps Astounding

Bitcoin (BTC) was lower, after the quick reversal of a brief rally late Monday reportedly spurred by the U.S. Office of the Comptroller of the Currency’s decision to let banks participate in blockchain networks and use stablecoins as payments.  “Bitcoin has started 2021 with a stark reminder that volatility is the norm,” Matt Blom, head of sales and trading […]Read More

Market

First Mover: Bitcoin’s Plunge to $31K Shows How Bullish Market

Bitcoin (BTC) suffered its biggest pullback in four months, tumbling 9% after a seven-day winning streak that took prices to a new all-time high of $34,347 on Sunday.  “Bitcoin is having a much-needed reset,” Matthew Dibb, co-founder, and COO of Stack Funds, told CoinDesk. Some analysts saw signs that cryptocurrency traders might be rotating out […]Read More