Ethereum Price Hits 2-Year High as ETH Futures Open Interest Tops $1.5B

Today the price of Ethereum’s Ether (ETH) hit a two-year high according to data from crypto trading terminal Crryptowatch. Despite the breakout to $445, open interest on ETH futures remains steady at a new record high of $1.5 billion.

ETH-USD 4-hour chart. Source: TradingView.

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Ethereum surges on, hits highest price in over two years – Decrypt

Ethereum is having itself a hot summer.
ETH started the day as the best-performing crypto in the top 10 by market cap. Yesterday, it jumped by 10%. Today, we can add another 10% on top of that.
The cryptocurrency is currently trading at a two-year high of $442 per coin.

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Price Analysis 8/14: BTC, ETH, XRP, LINK, BCH, BSV, LTC, ADA, BNB, CRO

Data from Grayscale Investments shows that the firm’s assets under management soared from about $1.9 billion at the end of 2019 to over $3.5 billion by the end of June 30, 2020. 
The correction in the U.S. dollar (DXY) and the possibility of further weakness due to continued money printing by the U.

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Will Bitcoin Break $12,000? 4 Things to Know Heading Into the Weekend

Bitcoin yet to clear $12,000 hurdle

Ethereum Gas prices skyrocket

Small-cap cryptos shine

Watch the Bitcoin and gold correlation

This week, the Bitcoin and cryptocurrency market roared into Monday like a lion only to end the week more like a lamb.

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‘How Can You Be Bearish?’ Asks Bitcoin Trader as Tether Surpasses $12B

The market capitalization of Tether (USDT) surpassed $12 billion as of Aug. 14, according to cryptocurrency market analytics firm Coinmetrics. Meanwhile, some believe the rapidly-rising valuation of the dominant stablecoin positively benefits Bitcoin (BTC) in the long term.

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$12K Bitcoin Price in Sight as Retail, Institutional Traders Turn ‘Greedy’

After recovering 6.3% from a drop to $11,200 on Aug. 11, Bitcoin (BTC) price appears to be gearing up for a third run on the $12K mark. 
This comes after a week of bullish news which included Nasdaq-listed investment firm MicroStrategy purchasing 21,454 BTC as protection against the weakening U.S.

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BlackRock, Vanguard, Indirectly Hold Bitcoin Via MicroStrategy Investment

Earlier this week Bitcoin (BTC) bulls and crypto investors were thrilled by the news that MicroStrategy, a Nasdaq-listed business intelligence company worth $1.2 billion, had formally adopted Bitcoin as its primary reserve asset by purchasing 21,454 BTC ($250 million).

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