It’s here! After almost a full year of development on our biggest release ever, we are super proud to announce that Delta 4.0 is available worldwide on iOS & Android, to all users!
Delta 4.0 is not just a version number increase, it’s the transformation from your Delta Crypto Tracker to being your Delta Investment Tracker. Yes, Delta now supports not only crypto, but also stocks, funds, forex currencies and indices. With even more to come next year. The goal is simple: if it has value and it’s an investment, you can track it with Delta. And in Delta, you’ll have a nice overview of what and how much you own per asset class. …
As Bitcoin takes a breather and prices linger around $35K, the cryptocurrency market is staying in the global spotlight.
Last week, Twitter CEO Jack Dorsey championed Bitcoin in a tweet explaining Trump’s Twitter ban, shortly before institutional investment fund Grayscale reported a record day of fundraising, and the mayor of Miami moved one step closer to adding crypto to the city’s treasury.
Wall Street closes lower despite stimulus
As protestors stormed Capitol Hill last Wednesday, Bitcoin broke through $40K, pushing the total crypto market cap beyond the $1 trillion threshold.
The Democrat’s narrow victory over the senate fuelled the Bitcoin rocket further, creating expectations that a unified government legislature will pave the way for fiscal stimulus worth up to $3 trillion.
This pushed the crypto market rally into overdrive. Stellar doubled before finishing the week with 50% gains, XRP shrugged off the SEC lawsuit to rebound 17%, and Ethereum approached all-time highs before Bitcoin put an end to the fun by tumbling all the way back to $33K.
Wall Street climbs despite Washington chaos
While traditional markets were sleeping, Bitcoin welcomed the new year with a record-breaking rally. The leading crypto hit a series of fresh highs, tagging prices just below $35K on the twelfth anniversary of the first block mining.
The soaring prices appear to be driven by institutional buying. $1.2 billion worth of Bitcoin was discovered flowing out of Coinbase late last week, suggesting deep-pocketed traders have been buying for long-term investment.
It’s beginning to look a lot like Christmas in the crypto market, as traders are gifted with fresh Bitcoin all-time highs after a turbulent year.
The leading crypto smashed through the record of $20K on Wednesday, exactly three years since the last all-time high in 2017. Then it sprinted into uncharted territory to hit new records above $24K. Yet 2020 has seen Bitcoin jump more than 230%, more than any other asset class. Why did this happen, and what could we expect to see from Bitcoin in 2021?
New Covid-19 mutant has Europe on edge
Bitcoin smashes all-time high
Following a brief pullback to $17.5K, the dip was greedily eaten up over the weekend, pushing Bitcoin back towards all-time highs above $19K.
This resurgence was supported by big players from traditional finance, who are increasingly throwing their weight behind Bitcoin. Insurance fund MassMutual announced the purchase of $100m in the cryptocurrency last week, while Morgan Stanley’s Chief Strategist predicted that Bitcoin could replace the dollar as the world reserve currency, and the Standard Chartered bank CEO said the widespread rollout of digital currencies is “absolutely inevitable.”
Wall Street takes a step back
Are tech stocks the new safe haven?