Bitcoin, Ether Dive While Some Alternative Cryptocurrencies Hit Record Highs
The balance of bitcoin held on major exchanges is on the rise in what some analysts say is a bearish sign.
Whatever his intent, to make money or to play games, Musk is putting DOGE holders in a uniquely vulnerable position.
Not all industry participants are amused by dogecoin’s tricks.
Anyone with a stock account can now make a savvy, albeit risky, bet on GBTC pricing disparities that were previously exclusive to big players.
"Market makers were heavily short puts in the range of $52,000 to $50,000, and I estimate were forced to sell nearly 2,900 bitcoin," one trader said.
The new listing comes a day after Ethereum's founder donated $1 billion in SHIB to India Covid Relief Fund.
Since becoming active, the wallet has received bitcoin transactions totaling $17.5 million, the data analysis firm said.
In this week's episode of "Money Reimagined," Sheila Warren, Michael Casey and guests contemplate where the global economy is headed in an age of monetary transformation and what that means for the power structures of the world as we know it. Bruno Macaes, a Portuguese politician, author and influential thinker on geopolitical trends, and Tomicah Tillemann, the director of the Digital Impact and Governance Initiative at the New America think tank, share their take on these matters.
Emerald is an asset manager that previously focused on community banks but, unlike many of its peers, could not stay away from the lucrative business of crypto. This week, “Opinionated” co-hosts Ben Schiller, Anna Baydakova and Danny Nelson are talking to Steven E. Russell, Esq., portfolio manager for Emerald Banking and Finance Fund.
Elon Musk's tweets send prices of bitcoin & dogecoin on roller coaster rides. Now options market makers are contributing to the volatility. Plus, the debate over bitcoin mining's environmental impact continues. We're talking all about it on "All About Bitcoin" for the Week in Review.
"The Hash" panel tackles today's hot topics: Elon Musk's latest tweet sends dogecoin surging again, IRS is raking in tens of millions of dollars from crypto enforcement, the probability of the U.K. launching a digital currency and model Emily Ratajkowski is auctioning an NFT at Christie's.
Bitcoin, ether slowly recovering from Thursday's pullback as Dogecoin (DOGE) soars. "First Mover" discusses the crypto markets and Coinbase's first-ever earnings report. Also, Yulong Liu of China-based Babel Finance on their $40 million raise and expansion into the crypto lending business. Exclusive to CoinDesk: Collin Plume of Noble Gold Investments discusses a new crypto IRA and trading platform. And coinciding with Saturday's big race, the Preakness puts NFTs of historic racing moments up for auction.