Cryptocurrency Analysis and News Portal
One of the (quietly) largest players in the institutional bitcoin space discusses the changing investor landscape in his first-ever podcast interview.Robby Gutmann is the co-founder of Stone Ridge Holdings Group, a $10 billion alternative asset manager and co-founder and CEO of NYDIG, the group’s bitcoin subsidiary.In this first-ever podcast conversation, Gutmann discusses: Source
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MakerDAO’s DAI stablecoin is the latest crypto unicorn with a $1 billion market cap. DeFi’s total value locked hit a lifetime high. Hedge fund billionaire Ray Dalio said yesterday he isn’t keen on bitcoin; a few hours later, the cryptocurrency hit a three-year high. Top shelfCannot daiDai (DAI), MakerDAO’s dollar-pegged algorithmic
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Measured in Big Macs, Bitcoin’s (BTC) purchasing power is approaching its highest level since the 2017 bull market, offering yet another indicator of the digital currency’s rapid appreciation.The global Bitcoin purchasing power index, or PPI, which measures how many McDonald’s Big Mac hamburgers you can buy with 1 BTC, rose
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New data from Whalemap suggests that in order to maintain bullish momentum Bitcoin price needs to hold above the $14,914 level.Whale clusters, like the bubbles shown on the chart below, form when high-net-worth investors purchase Bitcoin and do not move them. This indicates that whales accumulated BTC at that level
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Summary:Bitcoin analyst, MagicPoopCannon has postulated that BTC could test the $80k to $90k price area by mid next yearHe cites that Bitcoin has followed a beautiful rising arc pattern since the days of SatoshiThis arc points to $14k being broken, $20k being retested and the possibility of $80k – $90k
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Summary:Bitcoin has continued on its bullish climb above $14kBTC just hit a 2020 high of $14,785Such levels were last seen during the 2017/2018 bull runBitcoin market cap dominance has continued to increase at the expense of altcoinsAs the world’s focus is glued to the 2020 US Elections, Bitcoin is making
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Cash App generated over $1 billion in bitcoin revenues for Square in Q3. Vitalik Buterin sent 3,200 ETH to Ethereum 2.0’s deposit contract. Google search data shows little “FOMO” amid the current market bull run.Top shelfMonster quarterCash App, the mobile payment service of Square (helmed by Twitter CEO Jack Dorsey),
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The phrase “gradually then suddenly” has been overused in the crypto industry to emphasize the importance of each step towards regulatory support and institutional interest. But it’s not yet a case of “suddenly.” We are still in the “gradual” phase. Each month brings progress that seems momentous at the time,
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On Thursday, November 5th preserves the ascending impulse and aims up high. It is generally trading at $14,344 USD.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis of BTC/USDMining the BTC has become 16% easier.PayPal reports demand for cryptocurrencies.On W1, the BTC keeps developing the ascending dynamics and has broken away 100.0%
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The open interest on Bitcoin (BTC) options contracts has reached a new all-time high at $2.9 billion. Interestingly, this feat happened only five days after the October expiry, which liquidated $400 million worth of options.Bitcoin options total open interest. Source: SkewOver the past six months, the options market has grown
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