Large trading volumes in the bitcoin spot market are helping push prices upward to a fresh record high. Ethereum-based DeFi value locked is also setting records, with rising crypto values playing a part. Bitcoin (BTC) trading around $39,143 as of 21:00 UTC (4 p.m. ET). Gaining 8.4% over the previous […]

Causing observers to run out of superlatives and Google users to query about whether a crash is coming, bitcoin’s price topped $40,000 for the first time Thursday, only hours after the leading cryptocurrency blew past $38,000 and $39,000. The price of bitcoin set a new-all time high of $40,123.30, up 13.45% […]

XRP is shrugging off its recent price woes with a double-digit rise Thursday. The cryptocurrency was trading near $0.35 soon before press time, representing a nearly 50% gain on a 24-hour basis. As a result, XRP‘s market capitalization has increased to $33.88 billion, moving it above litecoin as the fourth-largest […]

The options market is signaling an impending change in the market focus – from bitcoin to relatively undervalued ether and other alternative cryptocurrencies. The spread between the six-month implied volatility (IV) for ether and bitcoin – a measure of the expected relative price volatility between the two – has risen […]

Lending fintech Social Capital (SoFi) said Thursday it will go public through a merger with a special purpose acquisition company. The online lending platform, which has a digital asset trading subsidiary, agreed to merge with venture capital backer Chamath Palihapitiya’s Social Capital Hedosophia Holdings Corp V IPOE.N. The deal values […]

Canadian bitcoin mining firm Bitfarms (BITF) closed a fully subscribed private placement of common shares worth CAD$20 million, or over US$15 million. Bitfarms announced the sale Sunday, per a prior release. In total, the sale consisted of 8,888,889 shares. CEO Emiliano Grodzki said, “It has never been such an exciting […]

The price of bitcoin has astonished the masses once again surpassing $40,000 per coin across crypto exchanges worldwide. With well over $28 billion in global trade volume, the leading crypto asset’s overall market valuation is now a whopping $728 billion in value. **This post has been updated at 1:50 p.m. […]

The total value of all cryptocurrencies passed $1 trillion Wednesday for the first time ever, per CoinGecko‘s index of 6,124 assets. At its prior peak in late 2017, the market’s total capitalization was just above $760 billion, according to TradingView. Bitcoin represents roughly 69% of the market’s value, according to […]

Leading U.S.-based cryptocurrency exchange Coinbase is suffering connectivity issues for the second consecutive day amid bitcoin‘s parabolic price rally. Coinbase’s status page posted an issue with users connecting to the exchange’s interface at 15:50 UTC. The company said it is currently investigating the issue. Yesterday, Coinbase experienced the same issue, […]

Nasdaq-listed cryptocurrency mining firm Marathon Patent Group (MARA) reached a total market value of $1 billion as its shares surged Wednesday to the highest in more than three years, over $17. Shares of the Las Vegas-based company have soared over 1,700% in the past 12 months. Bitcoin gained roughly 330% […]