Market Wrap: Bitcoin Back Above $33K While Ether Up 65% in 2021
There appears to be strong support around $30,000, according to traders.
Institutions and "whales" have continued their bitcoin purchases, on-chain data shows.
Coinbase published fresh numbers Friday on how much capital has flowed onto the exchange in recent months.
"Every tether is backed by a reserve and their reserve is more than what is in circulation," said Gregory Pepin, Deltec Bank's deputy CEO.
Reports are that Chris Brummer – author of a volume on crypto assets and frequent speaker on digital currencies – will chair the CFTC.
As the Biden Administration gets underway, what can we expect for cryptocurrency technologies alongside an ascendent bitcoin?
Ether recently broke above $1,400 for the first time in two years. Here are three events that could push the price even higher.