Tether printed two billion dollar-backed tokens last week, a new record for the leading stablecoin project. Over 24.6 billion tethers now circulate across Ethereum, Tron and Bitcoin’s Omni Layer, per data from Coin Metrics, up from 4.8 billion one year ago.  The growth comes from a variety of factors, said […]

Trading volumes and active addresses for bitcoin have now surpassed their previous all-time highs during the last crypto bull run in 2017, and the data has given some analysts confidence the bull market for bitcoin is not over yet. Data from CryptoCompare shows that bitcoin trading volumes on the eight […]

Bitcoin’s plunge to as low as $30,305 was intensified from leveraged long derivative liquidations; options traders are totally bearish on ether, the native asset of Ethereum. Bitcoin (BTC) trading around $33,277 as of 21:00 UTC (4 p.m. ET). Slipping 10.9% over the previous 24 hours. Bitcoin’s 24-hour range: $30,305-$38,947 (CoinDesk […]

New Zealand’s financial watchdog has sounded a warning whistle to cryptocurrency investors after bitcoin’s latest price drop. According to a report on Tuesday by the NZ Herald, the Financial Markets Authority (FMA) said New Zealanders who were considering purchasing cryptocurrencies needed to be aware they are “high risk and highly […]

Guggenheim Investments’ global chief investment officer has some advice on what investors should do as the price of bitcoin plummets. His company, with $230 billion in assets under management, has been trying to buy bitcoin for months. Guggenheim’s Strategist Has Some Bitcoin Advice as Price Falls Scott Minerd, Guggenheim Investments’ […]

Cryptocurrency markets have suffered significant losses during the last 24 hours, as the entire crypto market cap has dropped below a trillion to $823 billion losing roughly 9.9% in value. Since the bitcoin price height on Sunday, January 10, bitcoin’s price plummeted over 25%, seeing the largest price dive of […]

Traders are swapping their tokenized bitcoins for the real thing more than ever. BitGo saw a record 11,613 wrapped bitcoin (WBTC) swapped for real bitcoin (BTC) in December, with only 2,731 BTC exchanged for the bitcoin-backed ERC-20 tokens last month. December marked the first time in the young project’s history […]

London-based Fortrade, a forex and CFDs brokerage, has published its yearly financial results for 2019, showing a drop in its revenue and profits. However, the company seems ‘satisfactory’ with the results given the industry and economic conditions. The revenue for the period came in at little more than $15.54 million, […]

Bank of America’s chief investment strategist sees “the mother of all bubbles” in bitcoin. He compared the cryptocurrency’s recent rally to other bubbles, emphasizing the “increasingly speculative” investing behavior of bitcoin. Bank of America Warns of Huge Bitcoin Bubble Bitcoin’s recent rally has worried a number of prominent financial analysts […]