Is the Crypto Asset Class Finally Coming Into its Own?

Is the Crypto Asset Class Finally Coming Into its Own?

It’s no secret that bitcoin, ether and other cryptocurrencies have been on a tear. But, is this sharp uptick in value a sign that these innovative technologies are building greater legitimacy, or is it simply the latest evidence that the early-stage assets...
Crypto Traders See Red As Profit Taking Fuels Price Pullback

Crypto Traders See Red As Profit Taking Fuels Price Pullback

The cryptocurrency markets are full of ups and downs – but perhaps there hasn’t been a day in history quite like today. Just hours after bitcoin set a new all-time high, it fell more than $400 in a matter of hours – but, it wasn’t alone in seeing its...
Bitcoin’s Price Tumbles More Than $400 From New High

Bitcoin’s Price Tumbles More Than $400 From New High

Bitcoin prices fell sharply today after setting a new all-time high above $2,700 on the CoinDesk Bitcoin Price Index (BPI). The BPI hit a high of $2,791.70 today, data shows. Yet after beginning to dip around 15:00 UTC, that move became more pronounced after 16:00...
Bitcoin’s Price Climbs But Falls Short in Bid to Top $2,000

Bitcoin’s Price Climbs But Falls Short in Bid to Top $2,000

Bitcoin prices came within striking distance of $2,000 today, falling short by about $50, according to the CoinDesk Bitcoin Price Index (BPI). The price of bitcoin rose to as much as $1,955.92 during the session, bringing the cryptocurrency less than 3% below $2,000....
Bitcoin is Just $100 Away From Doubling its Price in 2017

Bitcoin is Just $100 Away From Doubling its Price in 2017

The price of bitcoin has hit a new high on the CoinDesk Bitcoin Price Index (BPI), reaching an $1,902 average across global exchanges. While one in a string of new all-time highs the digital currency has so far set in 2017, this one is perhaps notable as it means the...
Cryptocurrency Market Cap Tops $60 Billion to Hit All-Time High

Cryptocurrency Market Cap Tops $60 Billion to Hit All-Time High

The total market capitalization of all cryptocurrencies reached an all-time high today, passing $60bn as the innovative assets continued to draw robust inflows. This figure reached $63.6bn at one point during the day’s trading, according to online data...
Bitcoin Exchange Spreads Are Narrowing But Gaps Remain

Bitcoin Exchange Spreads Are Narrowing But Gaps Remain

Bitfinex’s banking challenges seem to be slowly fading into the background. As the exchange makes progress toward providing customers with the ability to make deposits and withdrawals, the spread between bitcoin prices on its order books and the various...
Bitcoin’s Price Edges Back Above $1,800 After Near $100 Gain

Bitcoin’s Price Edges Back Above $1,800 After Near $100 Gain

The price of bitcoin is up nearly $100 on the day, rising more than 5% to reach a high of $1,814 on the CoinDesk Bitcoin Price Index (BPI). At press time, the average bitcoin price across major exchanges was $1,808, up from an opening average of $1,718.20. The...
Healthy Correction? Bitcoin Prices Retreat to $1,700

Healthy Correction? Bitcoin Prices Retreat to $1,700

Bitcoin prices suffered what analysts largely called a correction today, falling nearly $100 to a low of roughly $1,650, almost 7% below the opening price. The price of bitcoin suffered this fallback after nearly doubling in less than two months, according to data...
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