Home > Mover

First Mover: Forget Facebook’s Stablecoin. Now It’s $700B Bitcoin in the Crosshairs

Bitcoin (BTC) was higher, pushing back toward $40,000 after a 9.9% surge on Wednesday, the biggest calendar-day gain in a month.  Such a powerful recovery after a steep sell-off earlier in the week has quickly reinvigorated trader spirits. “This bubble doesn’t look set to burst,” said Don Guo, CEO of Broctagon

Read More

First Mover: Cryptocurrency Euphoria Hits Breaking Point as Miners Lose Nerve

The recent euphoria in cryptocurrencies morphed into a severe sell-off, as bitcoin prices dove 12% on Monday, which would be the most for a single calendar day since March.Prices for the largest cryptocurrency had soared last week to an all-time high of $41,962, and that level was apparently sufficient to prompt some

Read More

First Mover: It Might Be Getting ‘Silly’ as Bitcoin Passes $39K, $40K, $41K

Bitcoin’s momentum showed few signs of slowing on Friday, as prices pushed to a new all-time high after blowing through $40,000 for the first time. In traditional markets, Asian and European shares rose and U.S. stock futures pointed to a higher open, as investors bet that a dismal jobs report expected early Friday from the Labor Department

Read More

First Mover: Bitcoin Stuck as ECB’s Lagarde Primes Extra €500B Stimulus

Bitcoin (BTC) was lower while staying mostly within this month’s range of roughly $18,200 to $19,700.“Upward price action seems to stall, and our analysts believe more inertia is required to push bitcoin beyond the $20,000 psychology barrier,” Lennard Neo, head of research for the cryptocurrency investment firm Stack Funds, wrote

Read More