Month: December 2021

It was another characteristically unpredictable year in cryptocurrency markets. Bitcoin staged a powerful rally to start off 2021, punctuated by tweets from the billionaire Tesla founder Elon Musk that sent …

Volatility Ruled Crypto Markets in 2021, From $69K Bitcoin to Elon Musk’s ‘Dogecoin to the Moooonn’ Read More

Marathon Digital (Nasdaq: MARA) agreed to buy 78,000 Antminer S19 XP bitcoin miners from Bitmain for $879.1 million, the company announced Wednesday in an SEC filing. The Las Vegas-based miner …

Marathon Digital’s ‘Record Purchase’ of Bitcoin Miners Will Cost $879M Read More

(Edited by James Rubin and Greg Ahlstrand) Good morning. Here’s what’s happening: Market moves: Bitcoin slumps to below $48,000, as December’s options expiration nears Technician’s take (Editor’s note): Technician’s Take …

First Mover Asia: Bitcoin Slumps to Below $48K Ahead of $6B Options Expiry Read More

Gem Mining, a bitcoin mining company started recently by former U.S. Marine and 2018 candidate for South Carolina governor John Warren, reached hashrate capacity of 1.25 exahashes per second (EH/s) …

Newly Minted Bitcoin Miner Gem Mining Reaches Hashrate of 1.25 EH/s Read More

Hello, Market Wrap readers! During the final two weeks of 2021 we’re using this space to recap the year’s most dramatic moments in cryptocurrency markets – and highlight key lessons …

Market Wrap Year-End Review: Musk Pumps Bitcoin and Dogecoin Read More

Hi Market Wrap readers! During the final two weeks of 2021, we’re using this space to recap this year’s most dramatic moments in cryptocurrency markets – and highlight the key …

Market Wrap Year-End Review: El Salvador Adopted Bitcoin, Then Bought the Dip Read More

MicroStrategy (Nasdaq: MSTR), the business-intelligence software company that’s taken to accumulating bitcoin, said it bought 1,914 bitcoins between Dec. 9 and Dec. 29 for about $94.2 million in cash. The …

MicroStrategy Buys Another $94.2M of Bitcoin Read More

(Edited by Greg Ahlstrand and James Rubin) Good morning. Here’s what’s happening: Market moves: Bitcoin trades near $48,000, while layer 1 token ALGO gains on incentive program news Technician’s take …

First Mover Asia: Bitcoin Trades Near $47K on Low Volume During Year-End Holidays Read More

Purchases of put options on bitcoin increased as the world’s largest cryptocurrency by market capitalization fell under the $46,000 level during Asian trading hours on Thursday. Bitcoin failed to break …

Bitcoin Investors Protect Against Even Lower Prices Ahead of New Year Read More

Hi, Market Wrap readers! During the final two weeks of 2021, we’re using this space to recap the year’s most dramatic moments in cryptocurrency markets – and highlight key lessons …

Market Wrap Year-End Review: Bitcoin ETF Rally Proved Short-Lived, and $100K Dreams Faded Read More