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Month: December 2021

Uncategorized

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

December 31, 2021 - by - Leave a Comment

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 …

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

December 31, 2021 - by - Leave a Comment

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 …

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

December 31, 2021 - by - Leave a Comment

(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 …

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

December 31, 2021 - by - Leave a Comment

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) …

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

December 31, 2021 - by - Leave a Comment

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 …

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

December 31, 2021 - by - Leave a Comment

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 …

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MicroStrategy Buys Another $94.2M of Bitcoin

December 31, 2021 - by - Leave a Comment

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 …

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

December 31, 2021 - by - Leave a Comment

(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 …

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Bitcoin Investors Protect Against Even Lower Prices Ahead of New Year

December 31, 2021 - by - Leave a Comment

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 …

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

December 31, 2021 - by - Leave a Comment

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 …

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