Ethereum Crosses $2,000, Setting a New All-Time High

Key Takeaways ETH has hit a new all-time high price above $2,000. The second-ranked crypto has led the market’s price rally along with Bitcoin over recent weeks. Ethereum is currently the home... Read more »

JP Morgan Backs 1% Bitcoin Allocation, Suggests Uncorrelated Hedge

Key Takeaways In a note to investors, JP Morgan strategists said that a 1% allocation in BTC can improve portfolio effeciency. The firm continues to frame the asset as an off-risk, gold-like... Read more »

FTX Traders Can Now Short the Pandemic, Long the Olympics

Key Takeaways Cryptocurrency derivatives exchange FTX Exchange has introduced a new futures contract called OLY2021 The futures contract will let traders speculate on whether the Tokyo Olympics will happen this year or... Read more »