Month

Weekly 'Bitcoin' tweet volume hit a new high this month

Weekly ‘Bitcoin’ tweet volume hit a new high this month

The week-by-week number of tweets containing the word ‘bitcoin’ hit a new this month, according to data compiled by The Block Research. For the week ending February 14, there were roughly 675,000 tweets containing the term ‘Bitcoin.’ That figure represents a 17.13% increase from the previous volume peak, which occurred in mid-January with a weekly …

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December was a record volume month for Ethereum options

December was a record volume month for Ethereum options

December of 2020 beat out the previous month’s all-time high for Ethereum options trading volume, according to data compiled by The Block. November generated $1.83 billion worth of options while December had $2.24 billion — a 22.4% increase.  Deribit had 83.4% of the Ethereum options trading volume. Next was OKEx with 13.9% of the volume, …

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Bitcoin Miner Maker Canaan's Stock Hits Record Low 1 Month After Halving

Bitcoin Miner Maker Canaan’s Stock Hits Record Low 1 Month After Halving

Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, plummeted below $2, their lowest after going public in November.  The Nasdaq-listed stock has been steadily falling since the bitcoin halving on May 11, according to data from Yahoo Finance. It closed at $1.98 at the end of the trading session Monday, …

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Crypto-friendly CFTC commissioner Quintenz won’t seek re-nomination after term expires this month

Crypto-friendly CFTC commissioner Quintenz won’t seek re-nomination after term expires this month

Brian Quintenz, the crypto-friendly commissioner at the Commodity and Futures Trading Commission (CFTC), will leave his post later this year following the completion of a five-year statutory term. Quintenz has a financial management background and founded investment firm Saeculum Capital Management in 2013. He was nominated by President Barack Obama to take the post of …

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Bitcoin's Recent Recovery Won't Salvage a Terrible Month for Prices

Bitcoin’s Recent Recovery Won’t Salvage a Terrible Month for Prices

While bitcoin has climbed sharply from recent lows below $4,000, it’s still on track to end March with a double-digit price loss. The top cryptocurrency by market value is currently trading near $6,440, representing nearly a 68 percent rise from the low of $3,867 registered on March 13. Even so, prices are still down 24 …

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