$107,710.00
1.91%$2,541.26
1.07%$2.27
0.97%$655.81
0.80%$155.94
4.25%$0.999798
0.00%$0.186342
1.35%$0.28295
-0.87%$0.675578
1.77%$2,538.67
0.99%$107,560.00
1.71%$37.20
5.14%$3.32
3.18%$3,062.55
1.09%$13.91
1.08%$20.84
1.65%$9.11
0.75%$420.07
1.29%$0.267651
-0.19%$3.21
1.93%$0.00001272
1.34%$0.171524
1.63%$0.999551
-0.02%$89.13
2.27%$2,545.31
1.13%$2,716.61
1.08%$4.06
0.41%$334.98
2.18%$0.999587
-0.09%$1.001
-0.08%$4.71
1.27%$0.00001195
3.41%$107,700.00
1.83%$0.630486
-0.21%$31.40
0.07%$259.61
2.06%$6.54
3.28%$401.34
6.35%$1.18
-0.05%$5.91
9.89%$52.46
1.20%$2.47
2.54%$4.77
1.14%$0.100034
2.50%$1.00
0.00%$188.05
4.07%$0.845748
1.66%$17.06
0.35%$1.054
-0.01%$29.90
-2.52%$0.08671
0.52%$18.30
-0.05%$0.651768
0.84%$1.00
0.13%$10.54
2.04%$0.0242255
0.32%$3.97
3.35%$0.776427
3.33%$0.328596
4.18%$4.31
1.17%$0.212738
1.09%$107,345.00
1.59%$4.40
-0.14%$1.13
2.13%$119.24
3.73%$2.52
0.41%$0.349533
1.39%$0.193657
2.19%$0.075238
3.51%$0.999417
0.04%$4.47
1.75%$2,541.45
1.11%$1.00
0.03%$1.001
0.05%$11.17
0.96%$0.466199
2.34%$164.86
4.30%$2.04
0.50%$13.47
0.15%$0.00001628
4.93%$1.92
7.27%$1.25
1.44%$1.33
11.86%$0.01819131
1.66%$0.382588
1.59%$2,892.26
1.26%$4.05
0.76%$2,662.48
1.12%$1.11
10.17%$0.619401
0.24%$1.00
0.00%$0.190891
0.61%$0.661784
-0.07%$0.999956
0.04%$0.999215
-0.02%$0.061463
3.16%$107,536.00
2.18%$0.524834
-0.35%$2,710.52
1.00%$0.918996
6.72%$0.582506
0.64%$2,665.85
1.88%$0.093972
2.22%$0.659033
0.46%$655.09
0.71%$107,625.00
1.97%$2,675.50
1.21%$107,271.00
1.13%$0.00008548
2.57%$3,325.98
0.27%$50.33
-0.80%$173.33
4.11%$3,341.53
0.15%$2.34
0.85%$0.765912
0.71%$202.29
4.10%$0.128097
19.74%$0.829005
1.60%$0.01654981
1.64%$0.183153
1.08%$1.11
0.03%$20.91
0.09%$111.34
0.00%$0.01426985
0.73%$0.119477
2.28%$0.280754
1.47%$0.508975
3.45%$0.00000069
0.90%$2.37
9.23%$0.999985
0.02%$33.61
2.05%$4.11
1.99%$1.65
17.33%$0.01036918
2.95%$107,146.00
2.25%$1.87
1.59%$0.997429
0.00%$0.623554
2.00%$2.01
-0.25%$0.231651
13.41%$0.572724
0.47%$1.096
-1.34%$1.67
2.39%$0.367937
1.04%$2,543.75
1.14%$2.00
-4.82%$0.999215
-0.02%$0.703929
-0.50%$2,541.86
1.09%$37.19
4.80%$2.97
0.11%$0.536994
6.52%$0.28113
-0.03%$107,626.00
2.24%$2,712.27
1.08%$2,602.63
-0.74%$0.052068
-2.71%$2,545.31
1.14%$8.94
-17.15%$107,302.00
1.40%$2,747.11
1.13%$0.99936
0.04%$0.014623
0.41%$0.455901
2.69%$0.186269
1.40%$0.00451467
3.22%$0.063038
0.43%$0.999798
-0.00%$0.134088
1.45%$1.46
5.96%$0.04858466
-0.73%$1.001
0.01%$0.406922
1.31%$0.00002185
1.83%$15.26
0.46%$0.51712
1.71%$6.53
3.92%$103,541.00
0.13%$46.65
3.20%$0.580724
0.77%$0.539246
0.22%$5.99
-0.55%$0.08317
1.92%$0.00000042
-0.34%$37.39
5.32%$0.350424
5.90%$1.089
-0.01%$0.998787
-0.04%$36.88
-0.58%$1.43
3.53%$1.67
1.75%$2,540.10
1.32%$0.00686417
1.09%$2.43
0.47%$0.154021
6.59%$1.18
2.55%$0.00423765
3.74%$0.999887
-0.00%$2,697.70
1.46%$0.150455
1.18%$1.001
0.12%$0.01931683
-0.94%$0.378068
5.62%$0.03832898
0.97%$0.366404
-0.44%$0.00446083
-5.78%$0.00000092
6.49%$0.543561
-0.19%$2,799.79
1.07%$1.28
0.19%$106,900.00
1.17%$107,552.00
1.87%$0.073674
1.38%$0.00644806
3.08%$2,778.05
1.09%$0.03387329
-1.72%$0.795877
-0.88%$0.00391453
0.03%$0.00005983
0.64%$169.39
4.24%$20.90
2.41%$2,541.14
1.11%$0.212657
1.14%$19.51
0.45%$120.55
-0.51%$7.67
-4.65%$0.999439
-0.01%$0.998786
-0.06%$0.330023
0.76%$2,528.28
0.59%$0.673563
5.17%$0.124262
-1.91%$0.660493
-1.49%$0.00427524
5.19%$0.303374
-0.14%$2.44
2.84%$0.00000144
1.51%$0.999843
0.01%$0.00325929
4.35%$0.206205
0.63%$0.477029
1.09%$106,911.00
1.77%$1.001
-0.81%$25.20
2.01%$2,163.86
1.96%$16.25
0.39%$0.26937
4.52%$1.64
-0.76%Reading
Bitcoin gained over $3,000 this morning after a brutal drop to $28,750 yesterday. It trades at over $31,500 at press time, but is down by 5% compared to Thursday high.
Reports from yesterday attributed the sudden price drop to rumors of a “double-spend”—a term used to describe the phenomena of one digital token being spent two times—in the Bitcoin protocol.
However, the rumor was later debunked by multiple proponents over Twitter and other social media sites. “There were headlines about a "double-spend" in #bitcoin! Many took that to mean that bitcoin has a catastrophic flaw (it doesn't) or the network is not secure (it is) or that bitcoin is somehow broken (it's not),” said Bitcoin educator and podcast host Andreas Antonopoulos.
Today there were headlines about a "double-spend" in #bitcoin! Many took that to mean that bitcoin has a catastrophic flaw (it doesn't) or the network is not secure (it is) or that bitcoin is somehow broken (it's not). Debunking the FUD: https://t.co/TjB8t1NJf9 pic.twitter.com/BQ66WYkJHc
— Andreas M. Antonopoulos (@aantonop) January 22, 2021
Trading data shows Bitcoin has been in a downtrend since January 19, when it traded below its 34-period moving average—a technical tool used by traders that calculates the average prices over a certain time period to determine the market trend.
Bitcoin is no hedge against market crashes, said analysts from JPMorgan in a report today. The cryptocurrency, which has a market capitalization of $590 billion, is the “least reliable hedge during periods of acute market stress,” wrote strategists John Normand and Federico Manicardi in a widely-shared report today. If the pandemic-induced market panic of 2020 is any indication, the cryptocurrency-as-market-hedge argument is wafer-thin. When global markets crashed in mid-March last year, Bitcoin...
Since that date, over $1.3 billion worth of BTC has been liquidated as well, data from analytics site Bybt shows. This happens when traders borrow excess capital from exchanges (a process called leverage) to put on bigger positions than their capital allows, taking on a loss (a process called “liquidation”) when prices move against their favor.
Meanwhile, despite the price bump today, Bitcoin is not wholly out of the woods yet. The asset has found a price floor at the $30,800 level (suggesting an area of demand) but continues to remain in a downtrend for now.
Circle’s dynamite IPO this week wasn’t just impressive by crypto standards—it outperformed expectations to a degree unrivaled even by America’s most prominent tech companies. The evening before its Thursday trading debut on the New York Stock Exchange, Circle priced its stock, CRCL, at $31 a share. That represented a mark-up from the lower share prices the firm floated earlier in the week: $26, and then $28. Such last-minute moves are generally indicative of increased investor interest in a comp...
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: Gemini makes its own IPO move after Circle's explosive debut (and continued rise Friday), while Strategy boosts its Bitcoin buying power. Twinsies! Crypto exchange Gemini confirmed that it has filed to go public, within 24 hours of USDC issuer Circle making its euphoric debut on the New York Stock Exchange. Rumors started making the rounds in February and March that Gemini, which has bee...
USDC issuer Circle, which made its whirlwind of a New York Stock Exchange debut yesterday, has already topped the high it set on Thursday. Around 1pm ET on Friday, CRCL reached a high of $123.51—just 49 cents shy of fully quadrupling its IPO price. The stock is already trading 44% higher than its $83.23 close at a current price just shy of $120. It's a strong follow after the company tripled its $31 IPO price on its opening day. As of this writing, the company has reached an intraday market cap...
