Bitcoin again took a tumble on Monday after a weekend rout that took out more than a fifth of the token’s value at one point in a tumultuous period that saw more than $400 billion getting wiped off crypto markets. Currently hovering at around $48,373, Bitcoin futures are back where they were during early October….
Bitcoin Falls as New COVID-19 Variant Sparks Panic in Market
Bitcoin enters bear market territory as the cryptocurrency fell eight percent in the last 24 hours to trade at $54,176, reaching its lowest level since the first week of October amidst a market panic over a new heavily-mutated variant of COVID-19 emerging from South Africa. When an asset declines 20 percent or more, it effectively…
Bitcoin Falls Into Bear Market as New COVID-19 Variant Spooks Markets
Bitcoin enters bear market territory as the cryptocurrency fell eight percent in the last 24 hours to trade at $54,176, reaching its lowest level since the first week of October amidst a market rout over a new heavily-mutated variant of COVID-19 emerging from South Africa. When an asset declines 20 percent or more, it effectively…
Will The Ethereum-Bitcoin ‘Flippening’ Happen During This Cycle? Here’s What The Chart Says
Ethereum broke up bullishly from a daily inside bar at 10 a.m. EST on Tuesday and by midafternoon was attempting to hold above Monday’s high-of-day price. The former Goldman Sachs executive and Real Vision founder and CEO Raoul Pal in an interview with Hedgeye CEO Keith McCullough said the “flippening,” when Ethereum’s market cap will…
Whales Love Shiba Inu: Top 1,000 Ethereum Wallets Hold $2.36 Billion SHIB
The 1,000 richest Ethereum (ETH) wallets hold more than $2.36 billion worth of Shiba Inu (SHIB) combined. What Happened According to data from WhaleStats, Shiba Inu is now the top ERC-20 token holding amongst Ethereum whales, excluding ETH itself. At the time of writing, the top 1,000 ETH wallets held a combined value of $2,365,211,253 which represented 21.18 percent of…
‘Relentlessly Up’: Bitcoin, Ethereum Hit All-Time Highs
Market-leading cryptocurrencies Bitcoin and Ethereum suddenly spiked to new highs on Wednesday. What Happened Bitcoin added $2,000 to its price within minutes, as a large green candle sent the leading digital asset to a new high of $68,789. Ethereum quickly followed suit with its own all-time high of $4,851. The cryptocurrency traded as high as…
Every Major Financial Institution Will Think About Trading Cryptocurrencies Within Next 3 Years: Former Citigroup CEO
November 9, 2021
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Every major financial institution will be thinking about trading cryptocurrencies within the next few years, according to Vikram Pandit, chairman of The Orogen Group and former chief executive officer of Citigroup Inc. Speaking at the Singapore Fintech Festival event, Pandit told Bloomberg that in “one to three years, every large bank and/or securities firm is going to…
Crypto Market Nears $3 Trillion Milestone on Bitcoin and Ethereum Record Surge
November 9, 2021
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Cryptocurrency market capitalization neared the $3 trillion mark on Nov. 9 as the two biggest cryptocurrencies—Bitcoin and Ethereum—were trading just off their all-time highs, according to data from CoinMarketCap. Bitcoin surged past the $68,000 mark for the first time on Monday, briefly touching a record high of around $68,500, according to Coinbase, with the world’s…
Crypto Rally Sends Ethereum to New High, Bitcoin Near Record Price, Ahead of Inflation Data
Cryptocurrencies started the week off on a solid footing, with Ethereum vaulting on Nov. 8 to a new record high and Bitcoin trading close to its all-time high, ahead of a closely-watched inflation data release later in the week. Ethereum was trading at $4,730.38 on Coinbase at 7:31 a.m. New York time, after a sharp…
Quentin Tarantino Auctioning Several Uncut Scenes From ‘Pulp Fiction’ as NFTs
November 3, 2021
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Award-winning director Quentin Tarantino will be auctioning several uncut scenes from “Pulp Fiction” as secret non-fungible tokens, or “NFTs,” he announced on Tuesday. The NFTs include original handwritten scripts from the film and exclusive audio commentary from Tarantino himself, and feature “never-before-told secrets,” according to a statement from the Secret Network. “I’m excited to be presenting these…
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