The SEC successfully put DeFI on notice qz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from qz.com Daily Mail and Mail on Sunday newspapers.
Up in five of the last seven sessions, Bitcoin has been steadily climbing higher, breaking above key levels that bulls said precipitate a further rally. That includes Friday, when the coin continued its uptrend, rising as much as 4.9% to $46,679. And its up roughly 50% since hitting a recent low that had taken it below $30,000 at one point this summer.
The spread between Bitcoin futures and its spot price has shriveled relative to February, when the cryptocurrency was in the midst of a rally that ultimately reached an all-time high
Bitcoin s surge lacks extreme leverage that powered past rallies techcentral.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcentral.co.za Daily Mail and Mail on Sunday newspapers.
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Many exchanges routinely fake their volumes to attract more coins and users, says Hunter Horsley, chief executive officer of Bitwise Asset Management, which runs crypto index funds in San Francisco.