Bitcoin’s price is climbing for the third straight day as more of the cryptocurrency is locked into the Ethereum network.
Bitcoin’s price hit $13,600 before retrenching while some investors pulled crypto out of DeFi.
Bitcoin’s price is trending up while ether futures open interest has stopped growing in the past month.
Bitcoin’s price jumped on news of payments firm Square’s investment while traders have amassed over $165 million in ether options open interest for December expiration.
Major cloud service providers are showing increased interest in joining blockchain networks.
“I have seen this movie before,” said the ex-banker with reference to DeFi.
Following news of yesterday’s partnership with Block.one, Google Cloud says it is not getting into EOS for the tokens.
Bitcoin’s price is rebounding from a sell-off Tuesday while large ether holders are making moves.
Bitcoin’s price dipped Tuesday after Pres. Trump rejected the latest stimulus proposal, while a popular Ethereum wallet continues to grow.
Bitcoin’s price has remained remarkably resilient despite recent dispiriting news; Ethereum fees dip.