Latest from Daniel Cawrey
Market Wrap: There's a Bright Side to Bitcoin's Drop on Worsening Unemployment
Bitcoin cooled off after jumping to its highest levels in nearly two months, when it was up as much as $9,478. Yet, stakeholders say crypto interest remains strong.
Market Wrap: Bitcoin's Price Tear Suggests It's FOMO Time Again
Fear of missing out, or FOMO, ahead of the halving, along with strength in stocks despite bad economic data, appear to be driving bitcoin’s ascent.
Market Wrap: Bitcoin Edges Up to $7.7K as Mining Power Rebounds
Bitcoin’s price is on the upswing, and so is the computing power securing the network as a once-in-four-years event known as the halving approaches.
Market Wrap: Ether Up 50% in 2020, Hits $200 on Sunday
Year to date, the native token of the Ethereum network’s 50 percent rally trounced bitcoin’s 7 percent gains.
Market Wrap: Bitcoin Steady at $7.5K as Short Sellers Back Off
Bitcoin traded sideways Friday, staying around $7,500. However, it regained its March losses and is showing upward momentum.
Market Wrap: Bitcoin Gains as Futures Dance the Contango
Bitcoin futures premiums have jumped into "contango" levels, a bullish signal.
Market Wrap: Oil Rebounds As Crypto Makes Gains, Especially Ether
Oil’s bounceback performance seems to be taking the driver’s seat in market activity. Bitcoin is also up, and ether’s price performance is even better.
Market Wrap: Oil in Turmoil, Bitcoin Gains Slightly to $6.9K
While oil futures continue to collapse, bitcoin holds steady, even making gains as the U.S. market closes lower.
Market Wrap: Oil Futures Plunge, Bitcoin Dips and Tether Has a $7B Day
Oil futures went negative today, bitcoin dipped below $7,000 and tether issuances went to $7 billion in today’s market wrap.
Market Wrap: Crypto Mining Stock Hut 8 Jumps on Unusually High Trading Volume
Hut 8 Mining Corporation saw a bump in price and trading volume Friday ahead of next month’s bitcoin halving.
