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Bitcoin’s end of the year rally has brought in more people than ever into the space, and that includes some of the richest people in the world.
In recent weeks, Yearn.finance, the decentralized finance (DeFi) giant valued at $854 million, made major acquisitions of other DeFi projects.
Bitcoin tapped new all-time highs on top exchanges yesterday, reaching $19,950 in some markets.
The price of Bitcoin dropped 9% in 2 hours and then quickly recovered.
There it is, a new Bitcoin all-time high.
The real roadblock Bitcoin (BTC) faces is at $20,000, near its all-time high.
Bitcoin is finally showing some strength after a brutal correction to $16,200 earlier this week.
The price of Bitcoin (BTC) is hovering above $18,000 following a massive short-term correction to $16,200.
The price of XLM, the native cryptocurrency of the Stellar blockchain, has been showing strong momentum. There are three reasons why XLM saw a 166% rally in the past week.
A few weeks ago, some thought that Nouriel “Doctor Doom” Roubini was changing his tone on Bitcoin.
This morning, news broke that there has been a massive development in the PlusToken case.
High-net-worth investors are not all that bearish on Bitcoin despite the recent drop.
On November 26, the Bitcoin futures market recorded nearly $800 million in long contract liquidations alone.
According to a report from CoinDesk, the Chinese government has seized $4.2 billion worth of cryptocurrencies.
Bitcoin’s market capitalization has exploded higher by approximately $100,000,000,000— or $100 billion — over the past 30 days alone.
Bitcoin’s latest price slump wiped out over $100 million in value from MicroStrategy’s crypto portfolio.
Bitcoin has faced a steep correction since Wednesday’s highs of $19,600, the highest the cryptocurrency has traded since the late 2017 highs.
The Bitcoin futures funding rate has declined across major cryptocurrency exchanges in the past 48 hours.
The crypto market has developed massively since 2017 and 2018, with the introduction of complex derivatives products, regulation, and liquidity through prominent market makers like Jump Trading and Alameda.